PayPal Launches US Dollar-Backed Stablecoin: Industry Reacts
Global payments giant PayPal has launched a US dollar-denominated stablecoin,’ PayPal USD’ (PYUSD). The new stablecoin will be issued by blockchain and digital asset solution provider Paxos Trust Company. PayPal’s new Paxos-issued stablecoin will be gradually rolled out to eligible PayPal customers in the US. Those who purchase PYUSD will be able to fund purchases […]
Taylor Kitsch Is No Longer the Next Big Thing. He’s OK With That.
After “Friday Night Lights” and several box-office disappointments, he has hit his stride as a character actor. “Painkiller” on Netflix is his most personal project yet.Read More
Special Counsel Obtained Search Warrant for Trump’s Twitter Account
The warrant, obtained in January, is the first known example of prosecutors directly searching Donald J. Trump’s communications and adds a new dimension to the scope of the federal inquiry into the events of Jan. 6, 2021.Read More
How Is The Market Feeling About Dell Technologies?
Dell Technologies’s (NYSE:DELL) short percent of float has fallen 22.56% since its last report. The company recently reported that it has 6.33 million shares sold short, which is 2.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.55 days to cover their short positions on […]
Peering Into Danaher’s Recent Short Interest
Danaher’s (NYSE:DHR) short percent of float has risen 3.33% since its last report. The company recently reported that it has 4.08 million shares sold short, which is 0.62% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.66 days to cover their short positions on average. […]
Peering Into Elevance Health’s Recent Short Interest
Elevance Health’s (NYSE:ELV) short percent of float has risen 4.41% since its last report. The company recently reported that it has 1.67 million shares sold short, which is 0.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on […]
Kellogg’s Plans for Stranded Cereal Unit Look Soggy
In its eagerness to focus on snacks, Kellogg hasn’t provided a convincing growth plan for its cereal spinoff.Read More
Mayor Adams Said Migrant Influx Will Cost NYC $12 Billion
As newcomers continue to arrive in the hundreds each week, the city increased its estimate for how much it will cost to house them and provide other services.Read More
DeSantis, With a Subtle Maneuver, Hides His Small-Dollar Donations
The campaign of the Florida governor, who is known to be reliant on rich donors, worked with a Republican fund-raising powerhouse to prevent the disclosure of information on small contributors.Read More
Takeaways From Ohio’s Vote on Abortion and Issue 1
Abortion rights continue to drive turnout, and Republicans are struggling to figure out a response.Read More
