President-elect Donald Trump congratulated bitcoin holders, and El Salvador’s President Nayib Bukele took a victory lap on social media in response to bitcoin surpassing $100,000. “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Trump declared on Truth Social. Trump, who positioned himself as a pro-crypto candidate during the 2024 election, pledged
Bitcoin prices topped $100,000 for the first time ever on Wednesday as the cryptocurrency continued its record-setting run in the wake of President-elect Trump’s election victory and more buzz that the incoming administration will have a crypto czar. The price of bitcoin rose from $69,121 the day before Election Day to what was then an
Intel’s former CEOÂ Pat Gelsinger is in line to receive millions of dollars in severance and other compensation following his decision this weekend to step down and retire from the struggling chipmaker. The 63-year-old Gelsinger resigned from Intel and its subsidiary, Mobileye, on Sunday, Dec. 1, after spending three decades of his career at the company,
Multiple senior executives at UnitedHealthcare have been under investigation by the Department of Justice, though it is not clear if CEO Brian Thompson was part of that investigation before his murder. Thompson was gunned down in midtown Manhattan on Wednesday morning in what police are calling a targeted attack. There were reports that the executives
Campbell’s Co. CEO Mark Clouse will retire from the packaged food company and join the front office of the NFL’s Washington Commanders early next year. The Commanders said Tuesday that Clouse will take on the role of president and head the team’s business operations in late January. The last day of his six-year tenure as
Foot Locker shares fell on Wednesday after the retailer severely missed Wall Street’s quarterly earnings estimates and cut its full-year sales and earnings forecast. The retailer’s stock fell by as much as 16% during morning trading as the company reported that it incurred a loss of $33 million, or 34 cents per share, for the
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