Coinbase plans to raise $1 billion through a convertible debt offering, following in the footsteps of MicroStrategy, while also implementing capped call transactions to minimize dilution during conversion, and this move comes as analysts shift their bearish stance on the stock.
The Biden Administration has released a strategy to target specific freight corridors for infrastructure improvement, aiming to achieve 100% zero-emission truck sales by 2040 and focusing on areas with high pollution levels and existing zero-emission vehicle policies.
General Motors is losing its head of manufacturing, Gerald Johnson, who is retiring after 44 years with the company, as well as its newly hired head of software, Mike Abbott, who is leaving due to health reasons.
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A gas station in Camden, New Jersey has been shut down for the second time in two months after contaminated fuel reportedly caused multiple cars to break down.
Detroit is celebrating 313 Day with various food and drink specials and giveaways, including discounted pints and food at Atwater Brewery, free coney meals at Michigan First Credit Union, and a chance to win free pizza for a year at Via 313.
A survey commissioned by the Greater Boston Chamber of Commerce Foundation reveals that 25% of young people aged 20-30 in the Greater Boston area are planning to leave within the next five years, with job availability, rent costs, and home affordability being key concerns. Different responses were observed based on race and sexual orientation, with cultural and racial diversity playing a significant role in the decision to stay or leave. The survey also highlights that Massachusetts residents are moving to more affordable regions due to increased workforce mobility during the COVID-19 pandemic.
The stock market rally remained strong despite high CPI data, with big-cap tech stocks leading the S&P 500 to a new closing high, but market breadth was weak.
High inflation rates may be fueled by soaring insurance costs, including home and car insurance, which is hindering the Federal Reserve's efforts to lower interest rates, according to Federal Reserve Chair Jerome Powell.
Intel's stock fell in after-hours trading after the Pentagon scrapped its plan to allocate $2.5 billion in grants to the firm, shifting the financial burden onto the U.S. Commerce Department, and putting Intel's role as a specialized semiconductor supplier for defense applications in question.
Frontier Airlines has introduced UpFront Plus, an upgraded seating option that offers extra space and comfort in the first two rows of the aircraft, but customers will have to pay a price to upgrade.
Several Taco Bell restaurants in Oakland, California, have closed their dining rooms and are only offering drive-thru service due to an increase in crime, with one location being robbed four times since November.
US crude oil inventories decreased by 5.521 million barrels, defying analyst predictions of a build, according to the American Petroleum Institute (API), with gasoline and distillate inventories also falling.
Drivers of cars manufactured by General Motors, Ford, Honda, and other popular brands have seen their insurance rates increase after their driving behavior data was shared with insurance companies without their knowledge, leading some to consider legal action.
LaGuardia Airport in New York has been ranked the "best airport of 25 to 40 million passengers in North America" in a recent passenger survey, marking a significant turnaround from its previous reputation as one of the worst airports in the country.
A 13-year-old was arrested after allegedly assaulting a police officer during a PETA protest at a Starbucks in Florida over the upcharge for vegan alternatives to dairy milk.
Boeing's market valuation is falling behind Airbus by a record margin, as the troubled US planemaker faces ongoing troubles and a string of accidents, prompting airlines to rethink their expansion plans.
Google's AI chatbot Gemini is now restricted from answering questions about elections and is directing users to traditional Google Search instead, ahead of the 2024 US election and other global elections.
Roku reported a data breach in which over 15,300 accounts were affected, as unauthorized actors gained access and altered login details, potentially using stolen login information from third-party sources and stored credit card information to sign up for streaming services.
A hotter-than-expected February inflation reading was driven by rising shelter and gas prices, with sticky shelter inflation being the main contributor to higher core inflation, according to economists.
Pittsburgh Regional Transit officials are considering the future of the Monongahela Incline, the oldest continuously operating funicular in the US, including the possibility of replacing it with more modern technology.
A woman in Lincoln, Nebraska, is facing felony theft charges after allegedly exploiting a gas pump glitch to obtain over $27,000 worth of free fuel over a six-month period.
La Vaca Birria owner Ricardo Lopez explains the reasons behind the increase in prices at his San Francisco restaurant, citing rising ingredient and labor costs as the primary factors.
Tyson Foods will permanently close its pork plant in Perry, Iowa, resulting in the loss of over 1,000 jobs, as part of the company's efforts to optimize operations and improve efficiency.
Roman Sterlingov, the founder of Bitcoin Fog, a cryptocurrency mixing service, has been found guilty of money laundering and facilitating the laundering of over 1.2 million bitcoins, potentially facing a maximum sentence of 20 years in prison.
Rivian unveils the R3 electric crossover, a smaller and more affordable EV than the R2, with the high-performance R3X variant gaining attention for its modern design inspired by iconic rally cars.
A woman in Nebraska is facing felony charges after exploiting a gas pump glitch to obtain $28,000 worth of free gas for her car over a period of several months.
Tesla's Autopilot and other partially automated driving systems received poor safety ratings from the Insurance Institute for Highway Safety (IIHS), while Lexus' system was rated acceptable and General Motors' Super Cruise and Nissan's ProPILOT Assist with Navi-link received marginal ratings.
A California woman has been accused of orchestrating a crime ring that stole $8 million worth of makeup from retailers and resold it online, leading to charges and arrests.
LaGuardia Airport, once infamously compared to a "third world country" by President Biden, has now become one of the top North American airports after completing an $8 billion renovation, according to the Airport Service Quality survey.
A wealthy California mom is accused of orchestrating a nationwide shoplifting ring, dubbed the 'California Girls,' that stole millions of dollars worth of products over a decade and sold them at knock-down prices on Amazon Marketplace, with charges being filed against her and eight accomplices.
Americans are becoming tired of tipping expectations, with over three-quarters of surveyed individuals believing that tipping requirements have gone too far, leading to frustrations and guilt-driven tipping, as well as decreased tipping amounts.
The entire staff of a Wisconsin Dollar General store resigned due to being underpaid and overworked, resulting in the store being forced to temporarily close.
United Airlines CEO Scott Kirby has requested Boeing to pause production of the 737 Max 10s and instead build Max 9s, citing uncertainties around certification and delays.
Solar stocks are trading down due to news about insufficient federal subsidies to offset the savings from Chinese imports, with First Solar, SolarEdge, Enphase Energy, Sunnova Energy, and Sunrun experiencing negative impacts, while rising economic challenges and the loss of incentives in the California market further hinder solar additions.
Bitcoin reaches a new record high of over $73,000 before quickly dipping, showcasing its ongoing volatility as it fluctuates between new peaks and corrections.
Adobe is scheduled to report earnings, and a bull put spread strategy could be used to profit while keeping the risk defined.
The New York Times has responded to OpenAI's claims of hacking, stating that OpenAI's accusation is false and irrelevant, and that the lawsuit is aimed at uncovering evidence of copyright infringement rather than setting it up.
Nearly half of US parents are providing financial support to their adult children, who are struggling with higher living costs, according to a study by Savings.com, with many young working-class Americans still heavily reliant on their parents to cover expenses due to the lack of substantial benefits from the country's economic recovery.
Trader Joe's mini canvas tote bags have become a popular accessory, sparking a cult following and reselling for astronomical prices, likely due to their limited edition status and interest generated on TikTok and Instagram.
The Biden-Harris Administration has released the National Zero-Emission Freight Corridor Strategy, aiming to guide the deployment of zero-emission medium- and heavy-duty vehicle charging and hydrogen fueling infrastructure from 2024 to 2040 to improve air quality and reduce emissions in communities affected by diesel pollution.
Roku experienced a data breach where unauthorized individuals accessed over 15,000 streaming user accounts and attempted to sell stolen account credentials, prompting the company to secure affected accounts and refund any unauthorized charges.
Two Republican Congressmen, Blake Moore and Kevin Hern, quietly sold stocks in Boeing following reports of safety concerns and failures in safety tests, as the aviation company continues to face a crisis related to production processes and aircraft safety.
A Nebraska woman faces felony theft charges for allegedly exploiting a glitch at a gas station pump that allowed her to get free gas, costing the station nearly $28,000.
The US Department of Justice has opened a criminal probe into Alaska Airlines following an incident on a Boeing 737 Max 9 jet, while a separate investigation is underway regarding a LATAM Airlines flight that left 50 passengers injured.
Illegal immigration and inflation are likely to be critical factors in determining the presidential election outcome, with President Biden facing scrutiny over his immigration record and the impact of rising inflation on the average person's standard of living.
The high cost of housing in Greater Boston, along with flexible remote work options, is causing concerns about a potential decrease in young talent in the region, according to a survey conducted by the Greater Boston Chamber of Commerce Foundation.
Dencun, the largest Ethereum upgrade since the network switched to proof-of-stake, will make layer 2 transactions significantly cheaper and more accessible, marking a major milestone towards Ethereum's ultimate goal of supporting multiple rollups and processing millions of transactions per second.
Bitcoin's price surge and growing influence in the mainstream market has emboldened the cryptocurrency industry to push for favorable treatment by regulators and flex its political muscle, backed by well-funded political action committees.
OpenAI has hired high-profile attorneys, including one who previously helped Twitter sue Elon Musk, to fight Musk's lawsuit alleging that OpenAI breached its "founding agreement."