The Carolina Panthers offensive linemen agreed to have roughly $6 million of his salary diverted to mobile payment company Strike to purchase bitcoin investments.
With bitcoin’s price regularly reaching new highs, other pro athletes could be triggered to start investing in the cryptocurrency.
The Oxford-AstraZeneca vaccine is cheaper than others and does not need to be kept at the ultra-low temperatures required by the Pfizer and Moderna vaccines.
The shot is expected to be rolled out next week.
A vaccine by Pfizer-BioNTech has been given to 600,000 people in the U.K., according to government statistics.
The shots were generally better tolerated by people over 64 who are also among the most vulnerable to the disease than for younger people.
A handful of people experienced rare side effects like intractable nausea or vomiting and facial swelling, the FDA said.
Goldman has recently surveyed participants of its 10,000 Small Businesses program, a decade-long effort that gives entrepreneurs access to training and capital, Solomon told CNBC.
Small business owners have laid off workers and stopped taking salaries to stay afloat, Solomon said.
Berkshire Hathaway CEO Warren Buffett also urged lawmakers to agree on a fresh round of support for small businesses. Buffett, who is co-chair of the Goldman program’s advisory council, has been involved with the small business group since its inaugural class.
Shares of Palantir jumped Monday after Bloomberg reported that the company won a three-year contract with the U.S. Food and Drug Administration.
The deal is worth $44.4 million and will focus on powering drug reviews and inspections, according to the report.
Government work makes up more than half of Palantir’s revenue, bringing in $163 million in its latest quarter.
President Donald Trump briefly emerged to tout the Dow Jones Industrial Average breaking 30,000 for the first time ever, and then vanished after a minute without taking questions.
The president’s brief appearance came less than a day after his administration took a major step toward the transition to Joe Biden’s presidency.
Trump, three weeks after Election Day, still has not conceded the race to Biden.
The best pockets of recovery are domestic travel in Taiwan, Thailand and increasingly, Vietnam, said John Brown of Agoda, a subsidiary of Booking Holdings.
“All eyes globally” are looking at Asia to see how we manage domestic and international travel under arrangements such as the travel bubble between Singapore and Hong Kong, he said.
The bubble was postponed for two weeks after Hong Kong reported a rise in coronavirus cases, but Brown said he expects it to come online “soon enough.”
Hyperice, which makes muscle recovery equipment, has a new deal with the NFL.
Company CEO Jim Huether said the company should reach a $1 billion valuation in 2021 after the NFL partnership.
Hyperice secured a $48 million Series A funding in October, which Huether said values the firm at $700 million.
JPMorgan Chase agreed Tuesday to pay a $250 million fine after one of its U.S. regulators found a “pattern of misconduct” in its asset and wealth management division.
The Office of the Comptroller of the Currency said in a release that the New York-based bank’s risk management controls were “deficient” and the firm couldn’t avoid “conflicts of interest” in the business.
Neither the bank nor regulator gave much detail about the potential wrongdoing and conflicts of interest that garnered the fine. In late 2015, JPMorgan agreed to pay more than $300 million in fines after the Securities and Exchange Commission found that the bank failed to disclose that it put some clients into higher-fee products created by the firm.
British telcos could face large fines if they fail to tighten security in their networks under new legislation being announced Tuesday.
The proposed Telecommunications Security Bill is designed to improve security in the U.K’s 5G and full-fiber networks.
Notably, the bill gives the government the power to fine operators if they use Huawei equipment in the nation’s 5G networks.
