News

Feb 05
Fed names Powell as 'chair pro tempore,' allowing him to continue in post awaiting Senate vote

Published: Feb. 4, 2022 at 3:00 p.m. ET The Federal Reserve said Friday that its board has voted to name Jerome Powell as “chair pro tempore” to allow him to continue to lead the central bank even though his official term has expired. The Senate is expected to vote in mid-February on President Joe Biden’s […]

Feb 05
Myanmar’s military government considers launching digital currency: Report

Major General Zaw Min Tun said rolling out a digital currency would “help improve financial activities in Myanmar.” 376 Total views 33 Total shares The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help […]

Feb 05
Peloton stock shoots more than 30% higher after report of Amazon acquisition interest

Peloton Interactive Inc. PTON, +1.44% shares jumped more than 35% in after-hours trading Friday after a report that potential acquirers including Amazon.com Inc. AMZN, +13.54% are sizing up the exercise equipment maker. The Wall Street Journal reported Friday afternoon, citing “people familiar with the matter,” that Amazon had hired advisers to discuss a potential deal […]

Feb 04
NFT battles: Nike takes seller of unlicensed NFT sneakers to court

StockX is an online reseller estimated to be worth $3.8 billion, and its NFT sneakers in dispute are still online. 2755 Total views 38 Total shares Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) […]

Feb 04
Pence says Trump 'wrong' in claiming ex-VP could have overturned 2020 election results

Former Vice President Mike Pence on Friday said ex-President Donald Trump was “wrong” in claiming that Pence could have overturned the 2020 election results when he presided over the congressional certification on Jan. 6, 2021, of Joe Biden’s victory in the Electoral College. “I heard this week that President Trump said I had the right […]

Feb 04
Agreed settlement of € 55,000 – Sopal International SA and Frabelco SA

This press release is not available in English. Please consult the French or Dutch page. Source: FSMA