An aerial view of shipping containers and freight railway trains at the BNSF Los Angeles Intermodal Facility rail yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad labor unions, voted down the tentative agreement with rail management, raising the likelihood of …

The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns around market manipulation. Nurphoto | Nurphoto | Getty Images Grayscale, the asset manager running the world’s largest bitcoin fund, said in a statement that it won’t share its proof …

Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming. During the Covid pandemic, secondhand stores such as eBay, the RealReal and ThredUp thrived online. related investing news Holiday shoppers aren’t in a rush. What that means for retail stocks So-called recommerce grew …

Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Walt Disney rallied 8.8% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is returning as chief executive, replacing Bob Chapek. The executive suite change follows a slide in …

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphoto | Getty Images Bitcoin hovered around a one-week low on Monday and other major cryptocurrencies fell sharply, as …

It will be a tough road to victory for Malaysia’s reformist party Pakatan Harapan after the weekend’s general elections where voters leaned toward conservative and religious parties, analysts said.  Malaysia is facing a hung parliament with no clear coalition winner emerging to form a majority government.  Pakatan Harapan led with …

Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive officer immediately throws into question several major decisions made by outgoing CEO Bob Chapek. Disney shares have fallen more than …

This restaurant, along with many others in Beijing’s business district of Chaoyang, had to suspend dine-in services over the weekend as Covid infections soared. Jade Gao | Afp | Getty Images BEIJING — Three people died over the weekend after contracting Covid, the first deaths from the virus that mainland …

China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future Publishing | Getty Images BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this …

My name feels like three awkward syllables that will never quite roll off your tongue. It’s Annika, and you pronounce it by saying the name “Ann,” followed by the name “Nick” and a moment of realization: “Ah.” Not Aw-nih-kah, Aw-nee-kah or any other iteration you might be thinking of. I …