Kraken Acquires Small Exchange for $100 Million to Expand U.S. Derivatives Footprint
The acquisition allows Kraken to offer regulated futures and options and reflects the growing maturity of the cryptocurrency market.
New York Office Market Rebounds as Leasing and Corporate Investment Pick Up
Manhattan’s office sector is enjoying its most notable resurgence in nearly two decades as record leasing activity and renewed corporate commitments revitalize the market.
Congress Rushes to Extend Obamacare Subsidies as Wall Street Bets on a Temporary Fix
A potential subsidy deal may calm investors, but insurers face deeper structural flaws that short-term policy fixes cannot solve.
China’s Rare Earths Dominance Gives it Control over Global Industry
Beijing’s long pursuit of control over rare earths now gives it leverage across industries from electric vehicles to defense.
Just In: Boston Scientific Acquires Nalu Medical for $533 Million
The acquisition brings a novel neurostimulation device into Boston Scientific’s portfolio, expanding its capacity to provide effective solutions for chronic pain management.
Singapore and Malaysia Forge Historic 3-GW Green Power Alliance
Singapore gains access to hydropower and low-carbon energy from Malaysia, marking a major step in regional clean energy cooperation.
The End of an Era as TiVo Discontinues its DVRs and Leaves Loyal Users in Limbo
TiVo’s halt of DVR production marks the end of a technology that redefined television viewing and gave audiences control over when and how they experience television.
Fossil Fuels will Remain Dominant in Global Energy Mix Beyond 2050, McKinsey Says
Despite rapid growth in renewable energy, McKinsey’s latest analysis projects that oil, gas, and coal will continue to supply over half of global energy needs by 2050.