November 8, 20240 Comments

Labor dispute stops Canadian canola oil, forestry exports from West Coast By Reuters

By Ed White (Reuters) – Canada’s exports of canola oil and forest products from West Coast ports have halted due to a labor dispute, producers said on Thursday. The stoppage, which started on Monday (NASDAQ:), involves limited strike action by the longshore foremen and a full lockout of Local 514 of the International Longshore and Warehouse Union by the B.C. Maritime Employers Association. While bulk grain shipments are exempt from

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November 8, 20240 Comments

BlackRock in talks to buy minority stake in Millennium, sources say By Reuters

(Reuters) – BlackRock (NYSE:) is in early-stage talks to take a minority stake in hedge fund Millennium Management, the Financial Times reported on Thursday, citing people familiar with the situation. The talks are at an early stage and may not lead to a deal, the report said, adding that any equity stake is likely to be small. If the deal were to materialize, it would mark the first time that

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November 8, 20240 Comments

New DNA evidence at Pompeii reveals surprises about identities of Vesuvius eruption victims

When a volcanic eruption buried the ancient city of Pompeii, the last desperate moments of its citizens were preserved in stone for centuries. Observers see stories in the plaster casts later made of their bodies, like a mother holding a child and two women embracing as they die. But new DNA evidence suggests things were not as they seem — and these prevailing interpretations come from looking at the ancient

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November 8, 20240 Comments

As interest rate cuts signal weak economy watch the Canadian dollar

Breadcrumb Trail Links Investor Martin Pelletier: Given the widening gap between our economy and America’s, we are not optimistic about our currency Published Oct 28, 2024  •  Last updated Oct 28, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. The debasement of our currency should be of serious concern, writes Martin Pelletier. Photo by Peter J

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November 8, 20240 Comments

Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco

Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by CNBC, a Bureau of Prison (BOP) spokesperson said that Caroline Ellison – the former CEO of FTX’s sister company Alameda Research – will begin her two-year sentence after serving as the prosecution’s star witness. Ellison was sentenced to prison and ordered to forfeit $11 billion for her role in

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November 8, 20240 Comments

Ripple Moves 294K RLUSD Stablecoins, What’s Happening?

Ripple’s RLUSD stablecoin, pegged to the U.S. dollar, has been involved in a series of substantial on-chain transfers ahead of its anticipated launch. Blockchain data showed that Ripple’s Treasury moved a total of 294,000 RLUSD tokens across multiple transactions. The largest transfer involved 78,500 RLUSD from Ripple’s Treasury to an unidentified wallet, with subsequent transfers to other unknown wallets. RLUSD Stablecoin Sees Substantial Transfers Ahead of Launch According to Ripple

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November 8, 20240 Comments

Will XRP Price Rally To $1 After Hitting Monthly High?

XRP price has recently witnessed a notable uptick, hitting its highest level since early October. The cryptocurrency, currently trading above the key support level of $0.52, is testing resistance near $0.56. This increase has raised questions about whether XRP could rally further, potentially reaching the $1 mark. XRP Price Eyes $1 as Momentum Builds, Can Bulls Break Resistance? XRP price hit a monthly high of $0.578, its peak since early

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November 8, 20240 Comments

Lawyer Predicts Two Paths To XRP Case Settlement After Donald Trump Win

SEC v Ripple: The recent win of Donald Trump in the 2024 US presidential election has brought back hope to the cryptocurrency enthusiasts especially on the matter of the ongoing SEC v Ripple lawsuit. Legal experts and Ripple supporters are speculating that the Donald Trump administration could bring positive changes to the crypto space which could help the company to reach a settlement faster in the ongoing Ripple case. Potential

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