As the market for digital assets continues to grow, investors are looking for new ways to gain exposure to crypto. Spot Ether exchange-traded funds (ETFs) could be an easy way for crypto enthusiasts to benefit from the price movements of Ether, the largest cryptocurrency by market capitalization after Bitcoin. On…
Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close almost 1,000 Family Dollar stores in an attempt to revamp the struggling business. The discounter closed more than 500 locations during its fiscal first quarter, it said Wednesday. “We…
General Motors CEO Mary Barra says the storied automaker’s plan to turn its fleet 100% electric will now play out ‘over decades.’ In an exclusive interview with NBC News, Barra clarified the company’s previously stated intention to eventually phase out gas-powered cars. ‘I wouldn’t say we’re recommitting,’ Barra said of…
Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. It is now the second-most valuable public company, behind Microsoft. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. At market close, Nvidia had a market value of $3.019 trillion, versus…
The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is making electric vertical takeoff and landing aircraft, or eVTOLs, and won orders and backing in 2021 from United Airlines, which says the new technology could reduce…
A top European Union court said Wednesday that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a longrunning legal battle. The EU General Court said in its judgement that the U.S. fast food giant failed to prove…
Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers. The big-box retailer said it will also offer another reason for hourly store workers to stick around: a bonus of up to $1,000 per year.…
Bad economic news so far has been mostly positive for the stock market, as investors worry over whether the Federal Reserve will start cutting interest rates. There’s a danger, though, of overdoing it, where too much bad news could signal a significant downturn and even recession ahead. That’s the dilemma…
Boeing’s troubled space capsule has finally made it off the launchpad with two astronauts on board. The first crewed test flight of Starliner had been delayed by series of faults, either with the capsule or the rocket that fired it off pad 41 at Cape Canaveral in Florida. Commander Butch…
TikTok has taken measures to stop a cyber attack targeting several brand and celebrity accounts, including news network CNN. A spokesperson for the company said: “We have been collaborating closely with CNN to restore account access and implement enhanced security measures to safeguard their account moving forward.” TikTok said the…