Connect with us

Business

Crypto Exchanges See Big Drop in Volumes as Bitcoin Volatility Approaches 2020 Low – CoinDesk

Crypto exchange volumes could continue falling should volatility remain at low levels, said CryptoCompare CEO Charles Hayter.

Published

on

post featured image

Business

Trump sets deadline for sale of TikTok operations in the US – Financial Times

President gives ByteDance 90 days to divest of short-video app and Huawei licence waiver to end

Published

on

post featured image

Donald Trump has ordered ByteDance to divest TikTok’s operations in the US within 90 days in a move aimed at protecting security that will put further pressure on the Chinese technology group to sell the short-video app to an American company.
Mr Trump also increased the pressure on the Chinese tech industry by ending a waiver that allowed certain US companies to continue selling goods to Huawei, the Chinese telecoms equipment maker, without a licence.
The dual moves marked the latest steps by…

Click here to view the original article.

Continue Reading

Business

Judge refuses to reconsider GM lawsuit against Fiat Chrysler – Fox Business

Judge called new evidence presented by GM regarding bribes and foreign bank accounts “is too speculative to warrant reopening” the case

Published

on

post featured image

A federal judge in Detroit said Friday that he will not reconsider his July dismissal of General Motors’ racketeering lawsuit against Fiat Chrysler Automobiles.
U.S. District Judge Paul Borman wrote in an opinion that new evidence presented by GM regarding bribes and foreign bank accounts “is too speculative to warrant reopening” the case.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Borman also ruled that the earlier dismissal of the case was not done in legal error.
GM alleged that FCA used…

Click here to view the original article.

Continue Reading

Business

SDG&E cuts power to parts of San Diego County due to heat wave – The San Diego Union-Tribune

The utility attributes the outages to the heat wave

Published

on

post featured image

SDG&E cut power to large areas of San Diego County and southern Orange County on Friday night to cope with a surge in electricity demand brought on by the start of a heat wave that will last well into next week.
The rolling outages began at 6:40 p.m. and ended shortly after 8 p.m., SDG&E said. The blackouts affected about 58,700 of the utilitys customers.
It was the first time since 2001 that the California Independent System Operator, which runs the state power grid, had asked SDG&am…

Click here to view the original article.

Continue Reading

Trending