Les Mamans du Congo is a female ensemble that uses music to empower women in rural communities
Les Mamans du Congo is a female ensemble that uses music to empower women in rural communities
(Bloomberg) -- Bitcoin pulled back after making a run at $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally.Prices rose to an intraday record of $19,914.33 and then sharply retreated. In an interview with Bloomberg Television, Gary Cohn, a former economic chief to Donald Trump, said the token “lacks some of the basic integrity of a real market” and could eventually fail.“Part of the integrity of a system is knowing who owns it and knowing who has it and knowing why it’s being transferred,” said Cohn, the ex-chief of Goldman Sachs Group Inc. “The Bitcoin system today has no transparency to it. So there are a lot of people that question, why would you need a system that does not have an audit trail.”Bitcoin’s ‘Integrity’ Flaws May Lead to Failure, Gary Cohn SaysBitcoin was down 3.9% at $18,624.18 as of 8:25 a.m. in New York. The digital currency is still up almost 10% this week. The broader Bloomberg Galaxy Crypto Index slid 3.9% on Tuesday.Marcus Swanepoel, chief executive of London-based crypto exchange Luno, said Bitcoin will likely enter the $20,000 to $25,000 range before a significant selloff. Then “it’s likely we’d see a 20% to 30% pullback. This is a predictable pattern and there is no reason to not expect it.”Worth less than $1 back in 2010 when it was touted as currency for purchases, Bitcoin has amassed proponents who argue that its strictly controlled supply and wider investor base show it’s become a store of value. Critics, however, say this year’s 160% rally is a bubble that can’t be supported by claims that digital assets should diversify portfolios and take flows from gold.Bitcoin’s surge this week “is likely a result of major institutional investors joining the bandwagon and purchasing a portion of BTC’s limited supply in the midst of a bull run,” said Gunnar Jaerv, chief operating officer of Hong Kong-based custodian First Digital Trust.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) ("Mind Cure" or the "Company") is pleased today to announce the appointment of Kelsey Ramsden as President and Chief Executive Officer, effective immediately. With Over 15 years founding, scaling and operating innovative businesses across several industries, Mrs. Ramsden has built multiple eight-figure companies from the ground up. She is an experienced leader and acclaimed entrepreneur, twice recognized as Canada's Top Female Entrepreneur of the Year. After serving as Mind Cure's COO, Mrs. Ramsden steps into the President and CEO role as of December 1, 2020. She possesses a thorough understanding of the mental health industry and a clear vision of where it is going.
Huntington (Nasdaq: HBAN; www.huntington.com) today launched its Support Local video series, a customer-inspired campaign that highlights the strength and resilience of small businesses across the Midwest. The campaign documents the real-life stories of small businesses and the conversations Huntington had with owners who found creative ways to manage their businesses and support their communities during the pandemic.
BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced that management will participate in two upcoming virtual conferences. An audio webcast of the presentations will be available live. You can access the webcast at: https://investors.biomarin.com/. An archived version of the remarks will also be available through the Company's website for a limited time following the conference.
The abundant demand in the polyphthalamide market stems from the trend of end-use industries utilizing the salient features of the resin and its composites. Most prominently, they have emerged as a potential alternative to metals in automotive bodies, paving way to vast uptake in SUVs and electric vehicles. Some of the key characteristics utilized by end-use industries are flame-retardant nature, remarkable heat resistance, and low electricity modulus, notably in the electronics industry.
According to the latest market research report "5G Chipset Market with COVID-19 Impact by Type (Modem, RFIC), Frequency (Sub-6 GHz, 24- 39 GHz, Above 39 GHz), End-Use (Telecommunication Infrastructure, Mobile Devices, Non-mobile Devices, Automobile), Process Node & Geography - Global Forecast to 2027", published by MarketsandMarkets™, the 5G chipset market is expected to grow from USD 12.8 billion in 2020 to USD 67.2 billion by 2027, at a CAGR of 26.7%. The major factors driving the growth of the 5G chipset market are the growing demand for high-speed internet and broad network coverage, increasing cellular IoT connections, and an increase in mobile data traffic. However, the high cost of the 5G chipset is expected to restrain the growth of the market.
Sonim Technologies (Nasdaq: SONM) announced today its partnership with Acuraflow to distribute Sonim ultra-rugged devices in Latin America. The partnership will provide field workers in public safety, oil & gas, mining, utilities, manufacturing, and other demanding work enivoronments more ultra-rugged mobility options.
KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce the staking of 14,104 acres of additional claims at the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The claims were staked after prospecting identified additional gold targets to the north, west and east of the current property boundaries. The new claims increase claim area by 750% on a Project that already hosts mineralization with a Preliminary Economic Assessment yielding an after-tax NPV5% of US$ 273 million as announced October 27, 2020 using a US$ 1,600 per ounce long term gold price.
VistaGen Therapeutics (NASDAQ: VTGN), a biopharmaceutical company committed to developing a new generation of medicines with the potential to go beyond the current standard of care for anxiety, depression and other central nervous system (CNS) disorders, today announced that Louis Monti, M.D., Ph.D., a pioneer in the research and development of neuroactive steroids known as "pherines," including VistaGen's intranasal drug candidates PH94B for anxiety disorders and PH10 for depression disorders, has joined the Company as Vice President, Translational Medicine.
DWC - The 401(k) Experts, an industry leader in providing 401(k) plan compliance, defined benefit services, consulting services, and third-party plan administration, is pleased to announce the newest member of the partnership team. DWC's Director of Actuarial Services, Joe Nichols, accepted the firm's offer of partnership, effective immediately.
The "Point-of-Care-Ultrasound Device Market Research Report: By Type, Portability, Application - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Sanity Group, creator of the popular German CBD brand VAAY announced today a follow-on investment of $4.8M US from a host of US and European celebrity investors, including musician, entertainer and Black Eyed Peas front man Will.i.am, US actress Alyssa Milano, German soccer star Mario Goetze and model Stefanie Giesinger along with Bitburger Ventures.
LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational AI, today announced the findings of its 2020 Consumer Preferences for Conversational Commerce report examining consumer attitudes and preferences around brand interactions, messaging, and conversational AI and commerce. The survey of more than 5,000 adults in six countries found that messaging and conversational AI are more widely adopted and trusted than ever before, with the overwhelming majority of consumers of all ages reporting a strong desire to message with brands.
Canntab Therapeutics Limited (CSE:PILL.CN) (OTCQB:CTABF) (FRA:TBF1.F) (the "Company" or "Canntab"), the leading innovator in cannabinoid and terpene blends in hard pill form for medical and therapeutic applications, is pleased to announce that it has completed its first delivery of two (2) of a total of five (5) SKU's ordered by MediPharm Labs Corp. (TSE:LABS.TO) (OTC:MEDIF). Further to Canntab's press release dated June 2, 2020, the Company confirms that the total purchase order is approximately $1.3 Million. Canntab intends to complete and deliver the entire order by the end of 2020.
Panasonic today introduced the next-generation software for its Panasonic Logiscend System, a turnkey material flow management solution for complex, discrete manufacturing. Logiscend Software 2.0 is designed to support new hardware options and bring additional efficiency-boosting features to its paperless, industrial IoT solution. A new data visualization and analytics option, Panasonic Logiscend InSights Software, allows manufacturers to analyze trend data over time and across areas to maximize efficiency and improve operational processes.
BNY Mellon Wealth Management has announced the appointment of Dawn Guffey to Senior Director, Wealth Management, where she is responsible for managing portfolios as well as providing strategic planning and advice for ultra-high-net-worth-families and their private foundations. Based in Naples, Dawn reports to Market President, Barry McKenzie.
Water.io, the Internet of Packaging Company, has announced today that the company will begin operating under a new brand name and will be known as impacX, effective immediately. This rebranding strategy reflects a revolved business strategy which now focuses on connecting brands with their customer through smart packaging in various industries.
SUSE, a global leader in true open source innovation, today announced it has closed the acquisition of Rancher Labs, the market leader in Kubernetes management. The combined company brings together a best-in-class Linux operating system, a market-leading Kubernetes management platform, and a host of pioneering edge capabilities that will give enterprises the power to innovate everywhere.
The latest Paychex |IHS Markit Small Business Employment Watch shows that small business hiring remained largely consistent with the prior month, moderating slightly, down 0.03 percent nationally to 94.29. In November, hourly earnings growth stood at 2.76 percent, while weekly hours worked showed a decrease of 0.04 percent year over year.
Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) announces that its officers, directors and key personnel have exercised 176,666 stock options for total proceeds of $256,333. Of $256,333 proceeds received, a total of $198,000 related to options with an exercise price of $3.30 per share. By exercising stock options with an above market strike price, management and directors are demonstrating their firm belief in the intrinsic value across the Company's exploration portfolio.