Bitcoin Futures Go Live at the CME, and Congress Calls for a Disney Hearing
A week after contracts on the cryptocurrency began trading at the CBOE, the much larger derivatives exchange, the CME, launches its own version. Interest in Bitcoin and other digital assets has risen exponentially this year, with prices approaching $20,000 over the weekend.
Plus days after Disney announced its $52 billion acquisition of Fox, Democratic leaders in Congress are calling for a hearing, raising antitrust concerns. The legislators saying a deal would concentrate too much box office power in one company.
And a judge made public a letter from a former Uber employee which accuses former executives of espionage and bribery. Stitch Fix is getting ready for its first earnings report since going public. We've also got earnings on tap from BlackBerry and Micron.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.
Under Google’s updated inactive account policy, which the tech giant announced back in May, accounts that haven’t been used in at least two years could be deleted. Accounts deemed inactive could be erased beginning Friday.
