Coinbase gets all-clear from SEC, setting stage for landmark crypto listing

(Reuters) -Coinbase Global Inc, the largest U.S. cryptocurrency exchange, has received approval from the U.S. Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, paving the way for what will be a landmark victory for cryptocurrency advocates. The company, which plans to go public through a so-called direct listing, expects to list its shares on the Nasdaq under the ticker ‘COIN’ on April 14. In a direct listing, no shares are sold in advance, as is the case with an… Source link

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This Looks Like A Blow To The Remote-Work Trend

Google CEO Sundar Picahi has been at the forefront of the work-from-home movement. (AP Photo/Jeff … [+] Chiu, File) ASSOCIATED PRESS It feels like we’ve gained the upper hand on the pandemic and are nearly ready to jumpstart the economy and return to work. The challenge is that there isn’t one politician brave enough to flick the switch and make it happen.  We need some leadership to make the tough call. Google may be the one, as it’s  admired and emulated by other… Source link

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North Carolina’s Roy Williams retires

INDIANAPOLIS — For nearly a half-century, Roy Williams has been a fixture in the college basketball space. He helped recruit Michael Jordan to North Carolina, brought Paul Pierce to Kansas, and his return to North Carolina led to three national championships, a Hall of Fame induction and a legacy as one of the great coaches to grace the sideline in this or any generation. In a practical sense, the retirement of Roy Williams from UNC on Thursday shouldn’t come as a shock. He’s 70, has… Source link

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US STOCKS-Microsoft and Amazon lead S&P 500 to 4,000 points

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)    * Weekly jobless claims unexpectedly rise    * Micron jumps after upbeat revenue forecast    * Indexes: Dow +0.50%, S&P 500 +0.95%, Nasdaq +1.48% (New throughout, updates prices, market activity and comments to add afternoon trading, new byline)    By Noel Randewich    April 1 (Reuters) – The S&P 500 jumped past the 4,000 mark for the first time on Thursday, riding gains… Source link

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Fed officials on the fence about adopting digital US dollar

The Federal Reserve is continuing its research on the use of a central bank-issued digital currency (CBDC), but key officials are saying not to expect any Fed-issued digital dollars any time soon. “That fundamental question of, ‘what are we trying to do with this’ is not clearly answered,” Fed Governor Randal Quarles said in a webinar on Tuesday. The Fed is working with researchers at the Massachusetts Institute of Technology to build and test a digital dollar in different hypothetical… Source link

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Google, Facebook, Amazon, Apple and Microsoft. Call Them Tech Frenemies for Life.

Once upon a time, Amazon . com Inc. only sold books, Apple Inc. sold computers, and Google was just a search engine. Those days are long gone, and each of those companies—as well as Microsoft Corp. and Facebook Inc. — has become a tech behemoth. Big Tech’s critics say the industry’s giants wield too much power over the lives of internet users. The companies often argue in response that they face enormous competition, often from each other, and need to… Source link

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Should You Invest in Tencent Music Entertainment (TME)?

Bloomberg U.K.’s Giant Battery Factory Developer Looks for a SPAC Deal (Bloomberg) — Britishvolt Ltd., the developer of the first giant battery factory in the U.K., is considering going public.The company has appointed Guggenheim Securities LLC and Barclays Plc as advisers to look into options including listing in the U.S. through a merger with a special purpose acquisition company, or SPAC, Orral Nadjari, founder and chief executive officer of Britishvolt, said in an interview. The deal… Source link

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Is Amazon stock silly cheap?

TipRanks 2 “Strong Buy” Stocks Insiders Are Snapping Up One strategy for selecting top stocks is to track insider transactions. After all, if insiders are dipping into their own pockets you can imagine it’s because they believe the stock looks compelling. A Harvard study revealed that insider purchases earn “abnormal” returns of more than 6% per year. The authors of the study conclude that insider buyers “have a good feel for near-term developments within their firm.” The… Source link

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Russia’s Yandex seeks more time to respond to allegation it broke competition law

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

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Google brings back the compass widget to Maps on Android – Yahoo Finance Australia

GlobeNewswire Global Halal Cosmetics Market to Garner $54.16 Billion by 2022: Allied Market Research Rise in the Muslim population, increase in compliance of halal certification, and boom in the halal market have boosted the growth of the global halal cosmetics market. The market across LAMEA held the lion’s share in 2016, accounting for more than two-fifths of the market. As most of the companies adopted work from home culture, the demand for cosmetics decreased during the… Source link

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