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Finance

Prices on Bithumb, South Korea's biggest Bitcoin exchange, fell almost five percent after the announcement. The measures also include checking the identities of those doing bank transactions related to cybermoney investments. South Korea is the world's third largest market for Bitcoin trading, after Japan and the US, with local investors paying a premium of around 20 percent over global prices.
  • Toshiba, Western Digital reach settlement over chip unit sale

    Toshiba, Western Digital reach settlement over chip unit sale

    Finance

    The announcement is a big step forward for Toshiba, which is looking to the chip unit sale to make up for losses at its US nuclear affiliate, Westinghouse Electric Co., after Westinghouse filed for bankruptcy protection in March. Western Digital is clearly a loser here because it was strongly opposed to that sale, as the consortium also includes two of its biggest rivals, US firm Seagate Technology Plc.
  • Lyft chooses Toronto for first global foray

    Lyft chooses Toronto for first global foray

    Finance

    Joseph's Hospital in Toronto. We all, at some point, have paid extra for a short ride in the cab due to surge pricing , but that was not the case here. Other changes include allowing taxis to ride in the diamond lane on a one-year trial basis, removing the 20-year limitation period for transferable taxi licenses allowing them to remain valid in perpetuity, and reducing new taxi licenses from 120 to 60 effective March 1, 2018.
  • Trading halts at Coinbase as Litecoin and Ethereum prices surge

    Trading halts at Coinbase as Litecoin and Ethereum prices surge

    Finance

    Crypto's King made all the major news channels and papers as it shot from just over $11,000 to over $18,000 in less than a week. Similarly, a senior market analyst for eToro, Mati Greenspan said: "Litecoin is more scalable by nature and with bitcoins mempool now flooded with unconfirmed transactions Litecoin is looking much better than BTC as a medium of exchange ".
  • Huge ancient penguin inhabited New Zealand

    Huge ancient penguin inhabited New Zealand

    Finance

    These fossilized remains of the extinct penguin help us understand the early evolution of penguins. Kumimanu's partial skeleton lacks the skull. The rectangles emphasise the humerus and a bone from the shoulder girdle (coracoid), which are shown separated from the original bone cluster.
  • Steel Dynamics, Inc. (STLD), SeaWorld Entertainment, Inc. (SEAS)

    Steel Dynamics, Inc. (STLD), SeaWorld Entertainment, Inc. (SEAS)

    Finance

    Jennison Associates LLC purchased a new stake in shares of United States Steel in the 2nd quarter valued at approximately $20,786,000. Alimera Sciences, Inc., a pharmaceutical company, engages in the research, development, and commercialization of prescription ophthalmic pharmaceuticals in the United States and internationally.
  • Sensex falls 90 points; Nifty below 10300

    Sensex falls 90 points; Nifty below 10300

    Finance

    Optimistic buying in blue-chip stocks ahead of release of industrial production and retail inflation data later this week drove stocks higher. Other Asian shares turned weak. Traders see an 85-per cent probability for a 25 basis point hike to the Fed funds rate target and a 15-per cent chance of a 50 basis point hike, which would be the third rate hike this year, according to CME Group's Fedwatch tool.
  • Activision Blizzard, Inc. (ATVI) Stake Decreased by Pinebridge Investments LP

    Finance

    It has outperformed by 31.13% the S&P500. (NASDAQ: ATVI ). Sarasin & Prtn Llp holds 1.36M shares or 1.53% of its portfolio. Therefore 94% are positive. The stock has "Buy" rating by Piper Jaffray on Friday, November 3. ( NYSE:ROP ), 9 have Buy rating, 0 Sell and 2 Hold. Hilliard Lyons upgraded the shares of ATVI in report on Tuesday, February 16 to "Buy" rating.
  • Analysts' Suggestions in the Limelight: Kinder Morgan, Inc. (KMI)

    Finance

    The stock increased 0.19% or $2.21 during the last trading session, reaching $1162. About 289,270 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 10, 2016 and is uptrending. (NYSE: KMI ). Archford Strategies Limited Liability Corp has 0.15% invested in Kinder Morgan, Inc . On a monthly basis the stock is -1.17%. Fincl Bank Of The West holds 29,769 shares.
  • As SEC cracks down, Munchee shuts down initial coin offering

    As SEC cracks down, Munchee shuts down initial coin offering

    Finance

    Clayton warned investors to ask several questions before investing in cryptocurrencies or "initial coin offerings" (ICOs), including "are there substantial risks of theft or loss, including from hacking?" and "is the offering legal?" "Recognize that these markets span national borders and that significant trading may occur on systems and platforms outside the United States".