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A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns. 2218 Total views 16 Total shares There’s a new Bitcoin (BTC) energy FUD in town: noise. In Sortland, a Norwegian municipality, locals are waging war on Bitcoin miners to thwart further BTC […]
Store Capital Corp. STOR, -1.18%, a Scottsdale, Ariz.-based real estate investment trust, said Thursday it has agreed to be acquired by Singaporean sovereign fund GIC and Oak Street in an all-cash deal valued at about $14 billion. Oak Street is a unit of Blue Owl, a net lease investor. Under the terms of the deal, […]
Pfizer Inc. PFE, -0.09% on Thursday announced positive results from a late-stage trial of a meningococcal vaccine candidate called MenABCWY in adolescents and said it will submit an application for approval to the U.S. Food and Drug Administration in the fourth quarter. Meningococcal disease is a relatively rare but serious illness caused by a bacteria […]
Shares of Southwest Airlines Co. LUV, +1.44% rose 0.5% in premarket trading Thursday, after the air carrier said it was seeing “strong” revenue trends for the third quarter, boosted by better-than-anticipated leisure travel and “strong travel demand” for the Labor Day holiday weekend. The company revised its third-quarter revenue guidance to 9% to 11% growth […]
Ares Management Corp. ARES, +0.91% said Thursday it has gathered $3.7 billion of capital to invest exclusively in sports leagues and teams and sports-related franchises, as well as media and entertainment companies. The first Ares Sports, Media and Entertainment Finance (SME) fund is comprised of nearly $2.2 billion in equity commitments. Including anticipated leverage and […]
BrightView Holdings Inc. BV, -1.10% said Thursday it is adding more than 250 hybrid vehicles to its management fleet in an effort to curb greenhouse gas emissions. The commercial landscaping company said the move will boot its total fleet of electric and hybrid cars to nearly 700 by end 2023. The new vehicles include Ford […]