News

Nov 01
Chief Justice Roberts delays release of Trump’s tax returns to House panel

Chief Justice John Roberts on Tuesday temporarily halted the release of former President Donald Trump’s tax returns to a House panel. Trump asked the Supreme Court on Monday to block the House Ways and Means Committee from accessing his tax records. Roberts called for more briefing in the case, reported the Washington Post, and called […]

Nov 01
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. 2750 Total views 22 Total shares Nikolai Mushegian, co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico last week. Mushegian died due to drowning after being dragged […]

Nov 01
JPMorgan Chase hires OrbiMed Advisors executive for new life sciences venture capital firm

JPMorgan Chase & Co. JPM, +1.26% said Tuesday its J.P. Morgan Asset Management unit is launching a new private capital team aimed at investments in life sciences. Stephen Squinto is now chief investment officer and managing partner of Life Sciences Private Capital for the bank. He previously worked at private equity firm OrbiMed Advisors. Squinto […]

Nov 01
UPS to hire 60,000 of its seasonal workers in one weekend, starting Nov. 4

United Parcel Service Inc. UPS, +0.36% said Tuesday that of the more than 100,000 employees it plans to hire for the holidays, at least 60,000 will be hired in the coming weekend. The package delivery giant said its “UPS Brown Friday” will start Nov. 4, and will include more than 450 in-person and virtual hiring […]

Nov 01
Molson Coors misses profit estimate but beats on revenue

Molson Coors Beverage Co. TAP, -1.31% said Tuesday its third-quarter profit fell 52% to $216.4 million, or 99 cents a share, from $453 million, or $2.08 a share, in the year-ago quarter. Adjusted earnings at the alcoholic beverage maker fell to $1.32 a share, from $1.75 a share. Net sales rose 4% to $2.94 billion. […]

Nov 01
Sealed Air to buy Liquibox for $1.15 billion, also reports profit beat but sales miss

Sealed Air Corp. SEE, -0.29% announced Tuesday that it agreed to buy Liquibox, the maker of bag-in-box sustainable fluids and liquids packaging and dispensing products for $1.15 billion. The packaging company said the acquisition is “highly complementary” to its Cryovac Fluids & Liquids business, which is the fastest growing area of Sealed Air. The company […]