SEC Won’t Approve Leveraged Bitcoin Fund
The Securities and Exchange Commission asked at least one asset manager not to proceed with plans for a leveraged bitcoin…
Antidepressant Significantly Reduces Covid-19 Hospitalization
A widely available antidepressant holds promise as a treatment for Covid-19, according to a new study. Covid-19 patients who received…
Hertz Links Up With Uber to Offer 50,000 Tesla Rentals
Hertz Global Holdings Inc. said Wednesday it is linking up with Uber Technologies Inc. to make 50,000 Teslas available in…
Joe Biden boots paid family leave from $2 trillion social welfare bill
President Biden is dropping paid family and medical leave from his rapidly shrinking trillion-dollar expansion of the federal safety net…
CFTC Chief Says Recent Crypto Cases Are ‘Tip of the Iceberg’
WASHINGTON—The acting head of the Commodity Futures Trading Commission said Wednesday that he plans to continue aggressively policing cryptocurrency markets…
Stocks Fall as Big Earnings Reports Roll In
U.S. stocks fell in choppy trading Wednesday, retreating from records set just the previous day. Major indexes started the day…
Mimecast Explores Options Including a Possible Sale
Email-security software maker Mimecast Ltd. is exploring a possible sale, according to people familiar with the matter. Mimecast, which has…
Rent the Runway Shares Fall in Public Market Debut
Rent the Runway Inc. ‘s shares fell roughly 8% in their market debut on Wednesday as the clothing-rental business closed…
Trump Social-Media SPAC Could Make Its Backers $440 Million
The obscure financiers who launched the shell company that is taking former President Donald Trump’s social-media venture public are poised…
Top U.S. general sounds alarm over China’s hypersonic weapons test
China’s recent test of a major hypersonic weapon system is “very close” to a “Sputnik moment” in the standoff between…
Third Point Urges Shell to Split After Taking Big Stake
Daniel Loeb’s Third Point LLC has taken a large stake in Royal Dutch Shell PLC and is urging the oil…
Biden administration expands no-go zones where ICE can’t arrest illegal immigrants
The Department of Homeland Security has expanded its list of locations off-limits for enforcement to include anywhere near graveyards, community…
Shiba Inu Coin Price Jumps, Could Overtake Meme Cryptocurrency Dogecoin
Meme cryptocurrencies may soon have a new top dog. The Shiba Inu coin—not to be confused with dogecoin, which also…
Microsoft’s New Normal Will Need to Stick
It is hard to imagine what could go wrong with Microsoft these days. With current expectations where they are, not…
What to Watch This Halloween: 10 Scary Movies and Shows to Stream
Halloween continues to inspire an annual release of frightening titles at a variety of temperatures—from harmless to horror. There will…