Latest in Tesla reports $600 million bitcoin profit jump after digital assets rule change
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Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.CNBC - 20h -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 23h -
McKinsey considers sale of in-house asset manager after years of controversy
Consultancy firm has hired boutique bank Ardea Partners for strategic review of MIOFinancial Times - 8h -
Tesla's CFO says tariffs would 'have an impact' on company's profitability
Tesla's finance chief said on Wednesday that the company's profitability could take a hit if the new presidential administration implements tariffs.CNBC - 22h -
This $600 Automatic Litter Box Changed My Life
Despite being $600, this automatic cat litter box was worth the price tag. It comes with clumping litter and is self-cleaning, so no more scooping or sifting.NBC News - 1d -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - 2d -
New Zealand relaxes visa rules to lure digital nomads and influencers
Changes mean visitors and influencers working for foreign employers can stay longer in bid to boost tourism. New Zealand has relaxed its visitor visa rules to attract so-called “digital nomads” in ...The Guardian - 2d -
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.NBC News - 3d -
DeepSeek changes rules of AI’s great game
Chinese start-up’s breakthrough may be bad news for US tech giants, but could be a windfall for everyone elseFinancial Times - 3d -
New Zealand eases visa rules to lure 'digital nomads'
Visitors can carry out remote working for a foreign employer while holidaying in the country for up to 90 days, after which they could face possible tax implications.BBC News - 3d -
China PMI surprises as factory activity contracts in January; December industrial profits jump
The official purchasing managers' index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.CNBC - 3d -
Making Sense of Junior Hockey Chaos After NCAA Rules Change
Earlier this week, Sportico broke the news that the Youngstown Phantoms, along with another team in the United States Hockey League (USHL), hired famed sports litigator Jeffrey Kessler of Winston & ...Yahoo Sports - 5d -
Trump crypto plans have Wall Street CEOs ready to jump into digital assets
Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.CNBC - 6d -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - 6d -
MLB passes two rules changes for 2025 season, one on shifts and one on replay, per report
The changes are minor tweaks to rules previously on the booksCBS Sports - 6d -
Disney CEO Bob Iger's pay package for 2024 jumps to $41 million
Walt Disney Co. Chief Executive Bob Iger was paid $41 million last year, up from the $31 million he made in 2023. Iger has long ranked among the highest paid media CEOs.Los Angeles Times - Jan. 23 -
Trump signs executive order promoting crypto, paving way for digital asset stockpile
President Donald Trump signed an executive order on Thursday that could set the stage for developing a national digital asset stockpile.CNBC - Jan. 23 -
Trump orders administration to evaluate potential for 'national digital asset stockpile'
President Donald Trump announced Thursday that his administration will evaluate whether to create a "national digital asset stockpile" — making good on a promise to support the use of ...NBC News - Jan. 23 -
Colorado self-reported minor NCAA rules violation after Deion Sanders mentioned 5-star QB Julian Lewis on his coaches show
Coaches are barred from talking about recruits until they've officially signed.Yahoo Sports - Jan. 23 -
Watch: ‘Rules must change’ after Iga Swiatek’s double bounce ignites row
A fresh rules controversy broke out at the Australian Open on Wednesday involving world No 2 Iga Swiatek after she won a point despite hitting the ball following a double bounce.Yahoo Sports - Jan. 22 -
Trump disappoints crypto holders hoping for immediate policy changes. How is bitcoin reacting?
It’s still early days, but the kickoff of President Donald Trump’s second term appears to have left some crypto investors disappointed so far.MarketWatch - Jan. 22 -
Netflix Raises Prices Across Plans, Reports Record Jump in New Subscribers
The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.The Wall Street Journal - Jan. 21 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Hamilton raises $1.7M to tokenize real-world assets on Bitcoin
Hamilton, a protocol specializing in tokenizing real-world assets (RWA) on Bitcoin, has raised a $1.7 million pre-seed funding round.VentureBeat - Jan. 20 -
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.CNBC - Jan. 17 -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - Jan. 15 -
Judge Ends One Man’s 11-Year Quest to Recover $765 Million in Bitcoin by Digging Up a Landfill
A UK judge ruled against James Howells, who has been trying to get a hard drive with private keys to a cryptocurrency fortune out of a landfill for over a decade.Wired - Jan. 13 -
Carson Beck's reported $4 million NIL payment keeps changing the NFL game
If it's true that former Georgia quarterback Carson Beck will receive $4 million in NIL money to play for the University of Miami in 2025, numbers like that will get more and more high-end college ...Yahoo Sports - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
Cryptocurrencies rise to start the week, bitcoin jumps above $102,000
The moves in crypto coincided with a rebound in tech stocks as Nvidia and shares of other chip names jumped.CNBC - Jan. 6 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Fears of extremism in military jump after New Year’s attacks
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Fears of extremism in military jump after New Year’s ...The Hill - Jan. 3 -
Tesla reports first drop in deliveries in at least 9 years
Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...The Hill - Jan. 2 -
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market.CNBC - Jan. 2 -
Tesla reports first annual decline in deliveries
Elon Musk's Tesla, which saw its stock surge after Trump's election, reported its first-ever annual decline in deliveries.NBC News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2