CoinDesk, 1/1/0001 12:00 AM PST Reports are emerging that an agent for an Indian law enforcement agency has been arrested for stealing bitcoins tied to a drug bust. According to the Times of India, an officer for the Indian Narcotics Control Bureau (NCB) is alleged to helped steal more than 400 bitcoins originally confiscated during a 2015 seizure. Specifically, investigator Satyendra Kumar Singh […] |
Business Insider, 1/1/0001 12:00 AM PST Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Advances in healthcare, technology, and connectivity over the past few decades have increased the lengths of people's lives around the world. While that is an indisputably remarkable achievement, the possibility of living longer than expected also brings about new retirement concerns for many. In his annual letter to shareholders, BlackRock’s chairman and CEO, Larry Fink, discussed the problem associated with longevity, which he called "one of the greatest financial challenges faced by our clients today," arguing that it was contributing to "popular anxiety." Fink also shared what he called an "eye-popping" chart showing how consumer sentiment is tracking the S&P 500. In hedge fund news, a pair of managers at Izzy Englander's $35 billion Millennium are setting off on their own, as several staffers have left. Business Insider's global editor in chief Henry Blodget interviewed Ray Dalio, the founder of Bridgewater Associates, on The Bottom Line, Business Insider's new weekly business news show. Here are the latest headlines:
Markets are closed this upcoming Good Friday. Here's a list of every other date you need to know this year. Here are the top Wall Street headlines from the past 24 hours and over the weekend. People are outraged by a video showing a passenger being forcibly removed from a United flight – According to a person who says they were on the flight, the airline needed room on the overbooked aircraft to reposition crew for another flight. Tesla passes GM to become America's most valuable carmaker – Tesla's market cap briefly passed General Motors' on Monday. Here's how you'll know if Trump is making America's economy great again – Part of Trump's promise was to revive the sleepy US economy, which has been experiencing its slowest post-recession recovery in decades. Wall Street is about to find out whether the next big rally in stocks can be justified – First-quarter earnings season unofficially gets underway when three of the big banks announce their results on Thursday. The first investor in Snapchat thinks each bitcoin could realistically be worth $500,000 by 2030 – The cryptocurrency isn't anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. Trump's next big economic plan is already hitting speed bumps – Since the early days of the campaign, Trump has said he wants to slash corporate taxes to 15% and cut personal tax rates drastically. A company developing a drug to treat Alzheimer's disease just got a new CEO — and the stock is jumping – Axovant Sciences, a company developing treatments for Alzheimer's and other neurodegenerative diseases, is seeing a bump. Wells Fargo board slams former CEO Stumpf for accounts scandal, claws back another $28 million – Wells Fargo's board of directors has released its investigation into the bank's recent fraudulent-accounts scandal, pinning blame primarily on two former executives. Investors are paying college students' tuition — but they want a share of future income in return – Compared to loans, income-share agreements today have a minuscule market as only a couple of thousand students are using them to pay for college. But many advocates of ISAs think this financing method has the potential to become a lot more popular. See also: 13 stunning photos that show why Oman is the next big destination for luxury travelers |
Business Insider, 1/1/0001 12:00 AM PST United Airlines' CEO has responded to viral footage of a doctor being dragged from one of its planes. According to a person who says they were on the flight, the airline needed room on the overbooked aircraft to reposition crew for another flight. But when it couldn't find enough volunteers, even after offering $800, the airline selected the man, who is a doctor, and several other passengers to deplane. But the man allegedly refused and was dragged off by police. "I apologize for having to re-accommodate those customers," CEO Oscar Munoz said in a statement posted to the airlines' Twitter account. Some people are now threatening to boycott the airline, using the hashtag #BoycottUnited. Here's the statement:
Initial reactions to Munoz's response were negative.
Meanwhile, the head of Altimeter Capital, which is one of United's largest shareholders, also weighed in on the event. Brad Gerstner, the founder of the hedge fund Altimeter Capital, said he was disgusted by the treatment of the passenger.
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CoinDesk, 1/1/0001 12:00 AM PST A new version of an infamous botnet has been detected – and this version is equipped to mine bitcoin. |
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CoinDesk, 1/1/0001 12:00 AM PST The price of bitcoin is again creeping closer to all-time highs, despite continued issues that have provided past headwinds. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Rogue Indian Drug Agent Caught Stealing Bitcoins appeared first on CryptoCoinsNews. |