Finance

This new fund from an ex-BlackRock exec is bringing the Wall Street playbook behind music royalties to tech

This new fund from an ex-BlackRock exec is bringing the Wall Street playbook behind music royalties to tech

Caspar Macqueen was an executive at BlackRock before starting his own asset manager.Althera42 Althera42 is a new fund launched by a former BlackRock executive and a longtime private market...

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Bank of England’s Stablecoin Cap Proposal Criticized as ‘Restrictive’

Bank of England’s Stablecoin Cap Proposal Criticized as ‘Restrictive’

Cryptocurrency groups are urging the Bank of England (BoE) to abandon plans to cap the amount of stablecoins that individuals and businesses can hold in the UK. “Imposing caps on stablecoins is b...

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Union Pacific, Norfolk Southern roll out new domestic intermodal

Union Pacific, Norfolk Southern roll out new domestic intermodal

Union Pacific and Norfolk Southern today launched a new domestic intermodal service, the latest salvo in a growing interline competition among the Class I railroads. The service will utilize UP’s ...

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Tesla, Intel, Nvidia, and More

Tesla, Intel, Nvidia, and More

Prakash Singh / Bloomberg via Getty Images Tesla CEO Elon Musk purchased about $1 billion in the electric vehicle maker’s stock. U.S. equities mostly rose at midday on optimism abo...

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Pope Leo criticizes huge CEO salaries, including Elon Musk’s

Pope Leo criticizes huge CEO salaries, including Elon Musk’s

Add Pope Leo XIV to the growing number of critics over wage disparity in the workplace. The pontiff, in his first sit down interview , offered a sharp rebuke to huge executive salaries, taking ti...

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Tesla stock surges, turning positive year-to-date as Elon Musk buys $1 billion in shares

Tesla stock surges, turning positive year-to-date as Elon Musk buys $1 billion in shares

Tesla (TSLA) stock rose as much as 8% in early trading on Monday, wiping out its year-to-date losses after CEO Elon Musk purchased shares of the EV maker for the first time since 2020. Musk disclo...

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