Kraken is preparing to introduce perpetual futures contracts regulated by the Commodity Futures Trading Commission (CFTC) for cryptocurrency traders in the United States. This move aims to provide a compliant and secure trading option amid increasing regulatory scrutiny in the crypto market. By offering CFTC-regulated products, Kraken hopes to attract more US-based traders seeking safer derivatives trading. The launch could set a precedent for other crypto exchanges to follow stricter regulatory frameworks.
The Carlyle Group has acquired South Korea's Chung Ho Group, a home and healthcare appliance rental platform, for $700 million, driven by inheritance tax issues and lack of heirs. Meanwhile, GoHealth, a digital health and Medicare insurance marketpla...
Abbott's board announced a quarterly dividend of 63 cents per share, marking the company's 410th consecutive quarterly dividend since 1924. This consistent dividend payment underscores Abbott's long-standing commitment to returning value to sharehold...
A fire destroyed Medline's 1 million-square-foot medical equipment warehouse in Tracy, California, affecting about 4% of its U.S. warehouse space. The blaze caused inventory losses and disrupted operations, creating short-term margin pressure as the ...
SpaceX is choosing to focus on long-term growth rather than immediate profitability, similar to Amazon's approach in its early years. Experts say SpaceX could be profitable now if it reduced spending on projects like Starship and AI infrastructure, b...
Cornerstone has released an updated version of the EPA's GHG Emission Factors Hub, providing free, consolidated data for scopes 1, 2, and 3 greenhouse gas emissions. This update includes new factors for air travel, refrigerants, and aligns with the l...
