Usa Financial News
28.09 / 00:41
Digital
Booking
Platform
awards
love
track
innovations
ETSA 2023 Best on Campus Winner | Space company Digantara has enough in the tank to soar higher
This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. When computer science undergrads Anirudh Sharma and Rahul Rawat attended a conference organised by the Indian Space Research Organisation a few years ago, little did the two Lovely Professional University students know that winning the best student research award for their paper on ‘smoke detection in space’ would give them the boost they needed to start their venture in spacetech.
28.09 / 00:33
UPS
IPO
Compilation
shootings
show
country
2024
IPO green shoots get 2024 party started early
Bankers and investors are optimistic that a string of initial public offerings will cap off a quiet year for new issuance before things accelerate in 2024. That's the consensus across Wall Street after a flurry of deals on US exchanges positioned September to be the biggest month for IPO fundraising since the market essentially shut in January 2022, according to data compiled by Bloomberg. Even though Arm Holdings Plc and Instacart stumbled in the days following their debuts, their recent stability is giving confidence to firms in the country — and around the world — that have been waiting for their chance. Companies listing on US exchanges have raised roughly $7.2 billion so far in September, accounting for 56% of the cash raised in global IPOs that priced this month, data compiled by Bloomberg show.
28.09 / 00:19
COST
UPS
Manufacturing
CEO
Glencore among parties in Chalice’s Gonneville sale
Nickel explorer Chalice Mining is smarting from a 55.5 per cent slump in its share price since the release of last month’s scoping study, but its strategic partner search is ticking along.
28.09 / 00:19
Citi
Provident
Target
President
show
information
reports
Russia accuses Ukraine's Western allies of helping attack its Black Sea Fleet headquarters
Russia has accused Ukraine’s Western allies of helping plan and conduct last week’s missile strike on the Black Sea Fleet’s headquarters in Crimea
28.09 / 00:19
Strategy
CVS
CAT
reports
prevention
HWL Ebsworth says ‘business as usual’ after hack
HWL Ebsworth says it has emerged largely unscathed from the cybercrime attack that stole 2.5 million files this year, and that its profitability remains “well above industry average”.
27.09 / 23:39
Kraken
stock market
Crypto Exchange
Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges
San Francisco-based crypto exchange Kraken is reportedly considering a move into the stock market with the addition of stocks and exchange-traded funds (ETFs) to its trading platform, according to a Bloomberg report today.
27.09 / 23:39
Crypto crash
Terraform Labs
Extradition
Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse
Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday.
27.09 / 22:42
regulation
SEC
Congress
hearing
guidance
SEC's Gensler taken to task over crypto custody guidance again in House hearing
Gary Gensler, chairman of the United States Securities and Exchange Commission, told the House Financial Services Committee hearing on Sept. 27 that he enjoys testifying before the committee. He had well over four hours of that pleasure that day, much of which was devoted to criticism of his agency’s policies and actions.
27.09 / 22:41
Mining
CFTC
regulation
Fraud
Ponzi scheme
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019.
27.09 / 22:41
Ethereum
ETF
regulation
Investments
SEC
21Shares
spot Ether ETF
Ether ETF
SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications
The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether (ETH) exchange-traded fund applications from ARK 21Shares and VanEck.
27.09 / 20:59
Waters
SEC
CEO
Chase
President
Inside
Account fees, bonuses likely topics at Thursday’s Cetera, Avantax confab
Cetera Financial Holdings senior management is planning a webinar Thursday afternoon with Avantax Inc.’s financial advisors to discuss questions raised by some of the 3,100 advisors in the wake of Cetera’s announcement earlier this month that it’s buying the tax-specialized broker-dealer for $1.2 billion.
27.09 / 20:59
Provident
Platform
Strategy
Allianz
show
social
recommendations
RIAs seeing increase in client anxiety over retirement plans, survey shows
Recent market volatility is causing concerned clients to phone their RIAs with worries about whether they will be able to retire as planned. With the largest cohort in American history turning 65 in 2024, a new study shows the calls — and the anxiety — are only going to increase.
27.09 / 20:41
UPS
FIVE
WhatsApp
country
reports
US is India’s ‘optimal choice’ as a partner, says Jaishankar
Click here! As an example, he offered Quad where US had partnered with India, which wasn’t a treaty ally like the other two countries in the grouping (Australia and Japan). “You should credit US policymakers with that imagination and with that forward planning that they have already started getting into this much more fluid, dispersed centres of power. Very often, much more regional, with sometimes different issues and different theatres producing their different combinations.
27.09 / 20:33
business
Blockchain
Microsoft
IBM
Bitcoin
IBM, Microsoft, others form post-quantum cryptography coalition
IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, U.K.-based cryptography firm PQShield, Google sibling company SandboxAQ, and the University of Waterloo.
27.09 / 20:33
business
regulation
SEC
NOT
SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
United States Representative Tom Emmer spoke out against Securities and Exchange Commission Chair Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler has been loyal to Wall Street “at the clear expense of innovation, competition, and everyday Americans.”
27.09 / 20:33
business
Trading
Kraken
stocks
Crypto exchange Kraken plans move into US stock trading: Report
Cryptocurrency exchange Kraken reportedly plans to offer users trading services for stocks listed in the United States and exchange-traded funds, or ETFs.
27.09 / 19:59
Provident
FIVE
Racing
Parke
EVA
show
cover
4 in 5 Black adults see racist depictions in the news either often or sometimes, says new study
In a major new study, Black Americans expressed broad concerns about how they are depicted in the news media, with majorities saying they see racist or negative depictions and a lack of effort by journalists to cover broader segments of their community
27.09 / 19:59
COST
country
approved
The Czech government has approved a defense ministry plan to acquire two dozen US F-35 fighter jets
The Czech government has approved a Defense Ministry plan to acquire two dozen U.S. F-35 fighter jets in a deal worth around 150 billion Czech koruna ($6.5 billion)
27.09 / 19:59
CEO
Action
economy
Bill
President
country
dance
Biden vetoes two Republican-led bills to undo protections for the prairie bird and northern bat
President Joe Biden has vetoed Republican-sponsored bills intended to undo federal protections for two endangered species that have seen their populations plummet over the years
27.09 / 19:59
COST
UPS
country
Nuclear power
Plans for Poland's first nuclear power plant move ahead as US and Polish officials sign an agreement
Polish and U.S. officials have signed an agreement in Warsaw to move forward with the construction of Poland’s first nuclear power plant
27.09 / 19:59
Target
Amazon
EBAY
Virus
Department
Justice Department targets eBay for alleged unlawful sales of pesticides and other toxins
The U.S. Justice Department filed a civil complaint against eBay, claiming the online marketplace unlawfully sold and distributed hundreds of thousands of products like pesticides and motor vehicle emission-evading devices that violate environmental laws
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