Air Canada has reached a tentative collective agreement with the International Association of Machinists and Aerospace Workers (IAMAW), representing over 11,000 employees in maintenance, airport operations, cargo, and administrative roles. The agreement acknowledges the contributions and skills of these workers. Final terms remain confidential until union ratification and Air Canada Board approval, expected in the coming weeks. This deal is significant as it secures labor stability for a major segment of Air Canada's workforce.
SpaceX recently launched its IPO, raising $75 billion and reaching a market cap over $2.1 trillion. This major event could trigger a wave of tech IPOs from companies like Anthropic, OpenAI, Anduril, Databricks, and Stripe. Anthropic and OpenAI have f...
The Bank of Japan is expected to raise interest rates from 0.75% to 1.0%, its highest since 1995, which could pressure Bitcoin due to the unwinding of the yen carry trade. This trade involves borrowing cheaply in yen to invest in higher-yield assets ...
Strategy CEO Phong Le addressed concerns about a forced Bitcoin sell-off, stating it is unlikely despite the company's $3.5 billion preferred securities maturing in 2028. The company holds 845,256 BTC, the largest corporate Bitcoin reserve, and recen...
Binance founder Changpeng Zhao (CZ) remains optimistic about a long-term crypto super cycle, despite Bitcoin's recent price volatility and trading within a narrow range around $60,000 to $64,000. CZ acknowledges the difficulty in predicting exact mar...
Kraken is preparing to introduce a regulated perpetual futures product for US traders through its platform Bitnomial. This move aims to bring one of the largest cryptocurrency derivatives products under US regulatory oversight by the Commodity Future...
