Western Union shares drop on fear new Facebook cryptocurrency will take money transfer business
Shares of Western Union fell on excitement around the potential of sending money internationally without fees with Facebook's new cryptocurrency.
Shares of Western Union fell on excitement around the potential of sending money internationally without fees with Facebook's new cryptocurrency.
Wall Street analysts have said the Libra cryptocurrency could add to Facebook's digital businesses.
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.
Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter.
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie.
If you are behind on your retirement savings, there are two steps you can take to shore up your progress for this year and beyond.
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday.
PC Mag | Rob Marvin | June 18, 2019 Facebook's Libra Cryptocurrency: Everything We Know Facebook's big blockchain play, consisting of the Libra coin, the nonprofit Libra Foundation, and Facebook's Calibra wallet, will create a crypto-based payments ecosystem across Facebook, Messenger, WhatsApp, and beyond. Facebook's long-rumored cryptocurrency finally got its big debut, and it's called
"Libra is potentially one of the most positive external tailwinds in Bitcoin in its 10-year history," said Spencer Bogart, of Blockchain Capital.
Airbus' defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters.
"Based on the research and simulations that proved the effectiveness of our algorithms, The Personal Airline secured investment to build and release the new App. The groundbreaking part of our research is allowing each user to make an "on demand" request for a flight - you state exactly what you want the flight to be [...]
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"Bellwether has owned and operated affordable housing in Seattle since 1980. We're committed to using affordable housing to build communities of opportunity. We're scaling up our production now because of the need for affordable housing in our region. We have the experience and resources as an organization to support our bold plans. "
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Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were rekindling trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade war.
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.