Kentucky Representative Thomas Massie introduced the Federal Reserve Board Abolition Act in March 2025, aiming to dismantle the Federal Reserve and transfer its assets to the US Treasury within a year. The bill, supported by about two dozen cosponsors and a Senate companion bill by Senator Mike Lee, was inspired by the audiobook The Bitcoin Standard, which advocates for sound money and criticizes central bank policies. While still in early stages with no market impact yet, the bill highlights ongoing debates about the role of central banks and reinforces Bitcoin's position as an alternative monetary system. Massie also supports a related bill for a full audit of the Fed, showing a spectrum of approaches to Federal Reserve reform.
STMicroelectronics announced a $1.5 billion issuance of new convertible senior bonds in two tranches, with maturities of 5 and 7 years, alongside the early repayment of $750 million of zero-coupon convertible bonds due in 2027. The new bonds offer fi...
Regentis Biomaterials shares surged over 500% intraday before falling 9.15% in after-hours trading following the company's announcement that it withdrew its Registration Statement for a public offering. The regenerative medicine firm decided not to p...
Elon Musk's SpaceX recently went public, raising questions about a potential IPO for its Starlink subsidiary. Data from prediction market Kalshi shows only a 7-10% chance of a Starlink IPO announcement before mid-2027. Meanwhile, Musk predicts SpaceX...
Goodfirms has published its 2026 rankings of top technology service providers across six categories: mobile app, software, web development, digital marketing, SEO, and AI development. These rankings are based on over 1.2 million verified client revie...
Alvotech announced a $152 million public offering and concurrent private placement of ordinary shares priced at $3.75 each. The public offering includes 22.7 million shares, with an option for underwriters to buy an additional 3.4 million shares. The...
