The value of bitcoin skyrocketed in late 2017 and its rapid rise generated huge amounts of interest in it and the 1,567 other varieties of cryptocurrency available online.
The value of the digital currency has shifted wildly over recent weeks. This article is being regularly updated with the latest changes
Confronting Beijing over trade abuses is not without merit. But rejecting economic alliances opens the way to Chinese initiatives around the region.
Company said cuts will allow it to improve productivity and create greater efficiency in the UK
Coca-Cola has announced that it is closing sites in Milton Keynes and Northampton, affecting almost 300 jobs.
The global drinks company’s European arm on Wednesday said that it had concluded a 55-day period of consultation with employees and their representatives and that it had decided to move ahead with the proposals to close the manufacturing site in Milton Keynes and the distribution centre in Northampton.
Closures will take place next year and will affect 288 roles.
“We want to stress that this is not a reflection on the performance or professionalism of our colleagues at these sites,” a spokesperson for Coca-Cola European Partners said.
The spokesperson added that the group is committed to supporting all those affected throughout the process of closure and beyond, by offering training and development opportunities.
“In addition, there will be redeployment opportunities within ou..
BMW and Daimler, Once Rivals, Join Forces to Fend Off Silicon Valley Photo Combined, BMW’s DriveNow car-sharing service and Daimler’s Car2Go will have four million users, the companies said. Credit Inga Kjer/DPA, via Associated Press FRANKFURT — The German carmakers Daimler and BMW said on Thursday that they will merge their car-sharing businesses as they try to compete better with Silicon Valley companies out to upend the traditional automotive industry.
Daimler, the maker of Mercedes-Benz cars, and BMW said they would put their respective mobility services — an array of apps and services that provide transport options for people who may not own cars — into a joint venture in which they will own equal shares.
The alliance is a major departure for BMW and Daimler, longtime rivals for the affections of affluent car buyers. Along with Volkswagen’s Audi division, the pair dominate the global market for luxury vehicles. Still, they are in danger of being overwhelmed by the superior financi..
Turner Chief Pushes Back on Core Justice Dept. Argument
If Media Giants Grow, So May Your Bills
The government doesn’t want you to pay too much to watch your shows. That’s why the Justice Department says it is challenging the proposed merger between AT&T and Time Warner.
By ERICA BERENSTEIN on Publish Date March 22, 2018.
Photo by Aaron P. Bernstein/Reuters.
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WASHINGTON — The head of Turner Broadcasting on Wednesday pushed back against one of the central arguments of the government’s case to block the AT&T and Time Warner merger, saying that his company’s channels would not be used as a weapon against rivals if the deal went through.
The Justice Department has argued that Turner, which is owned by Time Warner, owns “must-have” channels like CNN and TNT that the merged company would use as leverage in negotiations with other cable and satellite TV operators. But John Martin, the chief executive of Turner, told a federal court that his cha..
Mass Die-Off of Whales in Atlantic Is Being Investigated Photo Workers inspecting a dead humpback whale that washed up on Rockaway Beach in Queens this month. Credit Spencer Platt/Getty Images Humpback whales have been dying in extraordinary numbers along the Eastern Seaboard since the beginning of last year. Marine biologists have a term for it — an “unusual mortality event” — but they have no firm idea why it is happening.
Forty-one whales have died in the past 15 months along the Atlantic coast from North Carolina to Maine. In a news conference on Thursday, officials from the National Oceanic and Atmospheric Administration Fisheries said that they had not identified the underlying reason for the mass death, but that 10 of the whales are known to have been killed by collisions with ships.
The agency is starting a broad inquiry into the deaths.
These whales “have evidence of blunt force trauma, or large propeller cuts,” said Deborah Fauquier, a veterinary medical officer at the agency..
The New Threat to Wolves in and Around Yellowstone
YELLOWSTONE NATIONAL PARK, Wyo. — The vast, sagebrush-studded valleys in this huge chunk of wild country, teeming with herds of elk and bison, are home these days to 10 packs of wolves.
Once among the first species to be listed as endangered, the gray wolf has made a healthy comeback within Yellowstone National Park and its bordering states. Since 1995-96 when 31 wolves were trucked into the park from Canada, their numbers have grown and stabilized to the point that officials could essentially post a “no vacancy sign” at Yellowstone. That’s because the park’s wolf population has hovered for the last decade at 100, give or take, which experts consider Yellowstone’s carrying capacity.
Protected on parkland, gray wolves show little fear of humans, often living out their lives within view of roads. They attract thousands of tourists a year who sometimes become witnesses to the life-or-death dramas between predator and prey.
And some catch..
Leaders of China and the African Union have denied a published report that Beijing spied for years on the African Union headquarters through computer systems it helped install.
Supported by Business Day Stella McCartney Will Take Full Control of Her Fashion Brand Photo The British designer Stella McCartney at a fashion show this month in Paris. She founded her brand in 2001 as a partnership with what is now Kering. Credit Patrick Kovarik/Agence France-Presse — Getty Images LONDON — Stella McCartney will buy back the 50 percent stake in her namesake fashion brand owned by the French luxury group Kering, ending a 17-year partnership and establishing the British designer as a rare independent label in a rapidly consolidating market.
The deal, announced Wednesday, followed months of speculation that Ms. McCartney and Kering were negotiating a sale.
Ms. McCartney, 46, founded the brand in 2001 as a joint venture with what is now Kering. Together they positioned Stella McCartney as one of the first luxury brands with socially conscious values, including sustainable fashion, and built it into one of the most prominent names in British fashion.
Ms. McCartney bui..