Bitcoin surges past US$13,000 after PayPal embrace

NEW YORK (BLOOMBERG) – Bitcoin surged past US$13,000 (S$17,620) for the first time since July 2019 after PayPal Holdings announced it will allow customers to use cryptocurrencies. The largest digital coin increased US$950, or 8 per cent during tradition trading hours in New York. It climbed another 2 per cent to US$13,119 in early Asian trading. Gains among so-called alt […]

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Election BOMBSHELL: FBI confirm Russia and Iran are interfering in US poll

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. During a joint press conference with the FBI Mr Ratcliffe claimed both countries had “taken specific actions to influence public opinion” ahead of the November poll. He commented: “We have confirmed that some voter registration information bas […]

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Three separate motorcycle crashes in Denver on Wednesday afternoon.

Three separate traffic crashes involving motorcycles happened Wednesday afternoon in about a two-hour span, according to Denver police. A serious-injury crash, between a motorcycle and semi-truck, happened at the intersection of Smith Road and Dahlia Street, police said on Twitter at 2:46 p.m. A motorcycle and vehicle crash was reported at South Poplar Street and East Hampden Avenue, police said. […]

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Chipotle profit falls on higher coronavirus-related expenses

(Reuters) – Chipotle Mexican Grill Inc CMG.N on Wednesday posted an 18.6% drop in quarterly profit, hurt by higher beef prices, delivery costs and coronavirus-related expenses. FILE PHOTO: The logo of Chipotle Mexican Grill is seen at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018. REUTERS/Shannon StapletonShares of the company, one of the best performers in […]

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Tesla shares soar as company delivers record number of cars

Shares in Tesla have risen after the electric car maker reported its fifth consecutive quarterly profit. The California-headquartered company has overcome disruptions caused by the COVID-19 pandemic to post a 39.2% increase in third-quarter revenues to $8.77bn (£6.68bn) from a year ago. Tesla said it was on track to deliver half a million vehicles in 2020, but has admitted that […]

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Clause in Citi Field Lease Could Impede Steve Cohen’s Mets Purchase

Steven A. Cohen’s long, arduous pursuit of the Mets is headed toward a conclusion, but New York City may throw up a last-minute roadblock. Mayor Bill de Blasio’s office notified the Mets and Major League Baseball on Friday that they were looking into whether the team could be legally sold to Cohen, a spokesman for the mayor said on Wednesday. […]

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S&P ends choppy session lower as U.S. stimulus talks drag on

(Reuters) – Wall Street’s three major averages closed lower on Wednesday after a volatile trading session, as investors worried whether difficult negotiations in Washington would produce a deal for a fresh U.S. coronavirus stimulus package.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermidWhite […]

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Amtrak Warns of Layoffs and Project Delays Without Billions in Assistance

The chief executive urged senators to pass legislation that includes more than $2 billion in emergency funding for the rail agency. By Pranshu Verma WASHINGTON — Amtrak’s chief executive warned federal lawmakers on Wednesday that the rail agency would have to continue steep cuts to its work force and delay infrastructure improvements — including high-profile projects in New York and […]

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