Author: Investor Empires

  • Steelworkers: U.S. Department of Commerce’s decision to double duties on Canadian softwood lumber is pure protectionism

    Article Content BURNABY, British Columbia, Aug. 17, 2024 (GLOBE NEWSWIRE) — The United Steelworkers (USW) has criticized the U.S. Department of Commerce’s decision to double tariffs on Canadian softwood lumber. “The U.S. Department of Commerce’s decision to double existing duties and tariffs on Canadian softwood lumber products is nothing more…

  • US judge delays launch of sports streaming venture from Disney, media giants By Reuters

    By Don Chmielewski and Jack Quinn (Reuters) – A U.S. judge on Friday temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney Co and Amazon. Disney (NYSE:), Fox, and Warner Bros. Discovery (NASDAQ:), which aim to attract younger sports fans who don’t…

  • How Do SHIB, PEPE Stack?

    According to on-chain data, here’s how the profit-holder ratio differs between Dogecoin (DOGE), Shiba Inu (SHIB), and other memecoins. Dogecoin has the highest profitability ratio among major memecoins. In new mail Market intelligence platform IntoTheBlock spoke on X about how major memecoins compare to each other in terms of profitability…

  • How Do SHIB, PEPE Stack?

    According to on-chain data, here’s how the profit-holder ratio differs between Dogecoin (DOGE), Shiba Inu (SHIB), and other memecoins. Dogecoin has the highest profitability ratio among major memecoins. In new mail Market intelligence platform IntoTheBlock spoke on X about how major memecoins compare to each other in terms of profitability…

  • Prytek buys control of Israel fintech co TipRanks

    Singapore based technology company britek Buying control of Israeli financial information company Tip Ranks The companies announced the $200 million deal this morning. Prytek will acquire a 40% stake in TipRanks from the founders, employees and some investors, and will become the controlling shareholder in the company with a total…

  • Goldman Sachs: How are we thinking about USD/JPY from here?

    USDJPY Daily Goldman Sachs discusses its outlook for USD/JPY, focusing on the role of US interest rates and real spreads in determining the pair’s future performance. Key points: US interest rate dominance: Back to basics: Goldman Sachs expects the USD/JPY pair to become more aligned with fundamentals, especially US interest…

  • Lava Loans Protocol v2: DLC Based Bitcoin Collateralized Loans

    the Lava Loans Protocol (Version 2) It is a scheme designed by Lava based on confidential ledger contracts (DLCs) to facilitate a trustless Bitcoin-backed lending system. The massive market crash in the last cycle caused by centralized platforms facilitating Bitcoin-backed loans showed that leaving such products and services unchecked can…

  • What’s Happening? Is This Bitcoin (BTC) Resistance Unbreakable? Ethereum (ETH) On Verge of Fundamental Crisis? By U.Today

    U.Today – The stock price has moved little or no over the past few weeks, and it continues to falter. SHIB stock has made multiple attempts to move out of its current trading range, but it has been unable to build much momentum, leaving investors and traders in a state…

  • Starbucks is sued again for alleged stealing concept for coffee-flavored lipstick By Reuters

    By Jonathan Stempel NEW YORK (Reuters) – A company has sued Starbucks Corp for a third time, accusing it of stealing its concept for coffee-flavored lipstick and lip gloss. Paluccino, whose leaders include the sister-in-law of televangelist Mehmet Oz, filed the complaint Friday in federal court in Manhattan. The lawsuit…

  • Starbucks is sued again for alleged stealing concept for coffee-flavored lipstick By Reuters

    By Jonathan Stempel NEW YORK (Reuters) – A company has sued Starbucks Corp for a third time, accusing it of stealing its concept for coffee-flavored lipstick and lip gloss. Paluccino, whose leaders include the sister-in-law of televangelist Mehmet Oz, filed the complaint Friday in federal court in Manhattan. The lawsuit…

  • Ethereum Price Could Plunge To $1,200 In December, Says Expert

    Ethereum (ETH) price suffered amid another market shakeout. The second-largest cryptocurrency by market cap fell below the $2,600 support area for the third time in the past week, prompting crypto analysts to assess the next levels to watch. Related reading Key ETH Support Area to Watch Out For The cryptocurrency…

  • Why Pfizer Stock Slumped on Friday

    In the midst of the coronavirus pandemic a few years ago, any positive news from a COVID-19 vaccine or drug developer would have been met with a surge in buying of its shares. But it’s not 2021 anymore, and there’s an encouraging development from Pfizer (NYSE: PFE) Amazon’s call for…

  • Bank of Canada to cut by 25 bps in September and October. Eyes on next week’s CPI

    Bank of Canada Governor Tiff Macklem RBC continues to expect the Bank of Canada to cut rates by 25 basis points on September 4 and again on October 23. The market sees a very small chance of a 50 basis point rate cut at one of these meetings, but this…

  • How crypto bloggers may suffer

    The US Federal Trade Commission has banned fake reviews and recommendations. What does this mean for cryptocurrencies? according to latest newsThe decision imposes financial and administrative restrictions on individuals who “sell or buy fake indicators for social media influencers.” The FTC leadership unanimously supported the new rules. The new rules…

  • How crypto bloggers may suffer

    The US Federal Trade Commission has banned fake reviews and recommendations. What does this mean for cryptocurrencies? according to latest newsThe decision imposes financial and administrative restrictions on individuals who “sell or buy fake indicators for social media influencers.” The FTC leadership unanimously supported the new rules. The new rules…

  • Crude oil little changed after volatile week with China demand fears lingering

    SlavkoSereda/iStock via Getty Images Crude oil futures ended the week little changed as lingering concerns over the outlook for demand in China and easing geopolitical risks offset economic data showing slowing inflation and strong retail sales pointing to resilient consumer spending. “It was Oil markets had a volatile week, said…

  • FTC sues Asbury Automotive, says it charged Black, Latino customers more By Reuters

    Written by Judy Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission sued Asprey Automotive Group Inc. on Friday, alleging that three of its Texas dealerships charged black and Latino customers higher prices than others and routinely added services to customers’ contracts without their consent. Up to 75% of David…

  • ‘Crypto For Harris’ Fails To Rally Industry Behind ‘Reset’

    In an attempt to “reset” the relationship between Vice President Kamala Harris and the crypto industry, the “Crypto For Harris” campaign held a virtual town hall attended by a number of prominent Democrats and tech influencers. Despite these efforts, the event, which was designed to clarify and promote Harris’s “crypto…

  • ‘Crypto For Harris’ Fails To Rally Industry Behind ‘Reset’

    In an attempt to “reset” the relationship between Vice President Kamala Harris and the crypto industry, the “Crypto For Harris” campaign held a virtual town hall attended by a number of prominent Democrats and tech influencers. Despite these efforts, the event, which was designed to clarify and promote Harris’s “crypto…

  • Fired CFO’s texts revealed a 10-year affair that led to higher pay and promotions, company says

    Royal Bank of Canada said it had evidence that its former chief financial officer had an intimate relationship with a colleague, but did not disclose it, citing text and email exchanges between the two. Canada’s largest lender filed a statement of defence and counterclaim Friday in its unfair dismissal lawsuit.…