(Bloomberg) –Google, Facebook and Microsoft Corp. — three of the world’s biggest corporate buyers of clean power — are sounding the alarm that a nearly $4 billion, Warren Buffett-backed renewable-energy project proposed in Iowa isn’t necessarily in the best interest of customers, including them. If approved, it would be the largest complex of wind farms in the entire country when it comes online by the end of 2024, producing enough… Source link
Read More »Bitcoin’s ‘tug-of-war’ during Russia-Ukraine crisis stirs debate about the future
For one brief moment this month, cryptocurrency prices appeared to be decoupling from the volatility roiling Wall Street — but are once again being dominated by risk-aversion stemming from the Russia-Ukraine conflict. For Bitcoin (BTC-USD), a debate has arisen about its use cases, such as (legitimate) Ukrainian donations, or (questionable at best) flows from Russians looking to avoid sanctions. With the token whipsawing between a range of $37,000 and $45,000 over the past month, many… Source link
Read More »Cardano, Tron sink as Etoro slaps limits on both, citing ‘evolving’ cryptocurrency debate
Cryptocurrencies Cardano (ADA) and TRON (TRX) sank on Wednesday, following a decision by online trading platform eToro to delist the digital coins on its platform — a move that left crypto market watchers flummoxed. TRON tumbled by over 5% on the day, while Cardano has sold off by over 8%, according to market data. In a terse statement, the exchange based its decision on unspecified regulatory reasons, but it comes at a time when authorities are moving to exert more control over the crypto… Source link
Read More »US agencies unveil ‘crypto sprint’ for 2022 as regulatory debate heats up
U.S. financial regulators on Tuesday released an inter-agency policy agenda for regulating cryptocurrencies, as discussions unfold about how to provide oversight for the booming market. The so-called “crypto sprint,” as officials call it, sketches out a to-do list for 2022 that will offer crypto players more clarity on the rules of the road. It summarizes plans by the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC) for which… Source link
Read More »Redditor Started Debate After Finding ‘Black Hole’ on Google Maps
Some users enjoy exploring Google Maps to find mysterious images. One redditor found a black island in the middle of the ocean. The image led to theories that said it was a military base or a secret portal. Loading … Source link
Read More »Shiba Inus or Squids? Crypto investors ride latest craze, fanning bubble debate
The Shiba Inu (SHIB-USD) digital coin has risen from obscurity (or meme status, depending on who you ask) to become the hottest trade in cryptocurrency. Already, wild stories have emerged about small investors making a fortune on the digital coin bearing the likeness of a canine. For the uninitiated, Shiba Inu should not be confused with Dogecoin (DOGE-USD) — another dog-faced digital currency. Coincidentally, Doge also started life as a joke of sorts, en route to becoming one of the… Source link
Read More »Key lawmaker at center of spending bill debate demands Fed end asset purchases
Sen. Joe Manchin says he will make a deal with his own Democratic party on a spending bill, but only if the Federal Reserve begins pulling back on its monetary stimulus to the economy. In a signed agreement with Senate Majority Leader Chuck Schumer (D-N.Y.), Manchin said he would only support a budget resolution with a top-line number of $1.5 trillion, with no funds in the new legislation disbursed until after all COVID-related federal spending is exhausted. Another condition: The “Federal… Source link
Read More »Google’s Salary Cuts for Remote Workers Renew Location-Based Pay Debate
Earlier this month, tech firm Google told its employees they would see their pay lowered if they switch to working from home permanently, if the remote location has lower labor costs than where their former offices are located. Google will not change employees’ pay if they work fully remotely from the same city, but if they commuted from a location an hour away with lower costs, for instance, their pay would be reduced. “Our compensation packages have always been determined by location, and we… Source link
Read More »MLB spin rate debate rages on
• The sticky stuff remains at the forefront of baseball, as this past week had the lowest spin rate of any this season, resulting in batting average being up and strikeouts down, as MLB’s planned crackdown on pitchers’ use of foreign substances is taking shape. Meanwhile, MLB’s spin leader Trevor Bauer was hit hard Saturday in a home start against a poor Rangers offense, and his stuff clearly hasn’t looked the same recently. Corbin Burnes, whose cutter is among the leaders in spin… Source link
Read More »Stock Splits Are Back. So Is the Debate Over Whether They Matter
TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link
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