South Korea bans Crypto, Ethereum hit an all time high. MoneyGram and Ripple team up. Arizona considers letting residents pay taxes with digital currency. John Detrixhe, future of finance reporter at Quartz weighs in on all the latest headlines.
South Korea is planning to put a ban on trading virtual currency in the nation. The new causing Bitcoin to drop.
A new bill submitted to the Arizona Senate could allow people to pay taxes with crypto. The bill, introduced Tuesday, has been referred to the Arizona Senate Rules Committee for further deliberation. A similar effort was undertaken in New Hampshire in 2016. But concern over bitcoin's volatile price ultimately led to the bill's failure.
John Detrixhe, future of finance reporter at Quartz takes a look at the top hubs for cryptocurrency. Including Moscow, Silicon Valley, New York and London.
Apple, the tech giant, is trying to trademark images of apples, the fruit. The company has been pursuing the trademark since 2017, and its latest battleground is Switzerland, where its appealing a partial trademark that would only cover black-and-white depictions of Granny Smith apples.
India's IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that underscores surging demand for air travel fueled by the country's economic growth.
China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies.
Multinational companies including Amazon, Marriott and Hilton pledged Monday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over the next three years in Europe.
Many parents are already planning an early outing for back-to-school shopping, despite the early days of summer. Inflation concerns have spurred people to plan ahead in spending. Bryce Gruber, executive editor of Today's Parent, joined Cheddar News to help provide money-saving tips for affordable school shopping.
