World News

Coinbase market temporarily halts trading

Coinbase, one of the biggest bitcoin marketplaces within the U.S., said Friday which trading was up again after being down for more than two hours amid a cost rout in cryptocurrencies. “Buys as well as sells have been re-enabled. We are monitoring for stability,” Coinbase said on its status website as of 1:44 p.m., ET. Earlier, the company said which ...

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Fiat Chrysler to recall 1.8 million trucks to fix shifter issue

Saul Loeb | AFP | Getty Images The Dodge Ram pickup truck display during the 2017 North American International Auto Show in Detroit, Michigan, January 10, 2017. Fiat Chrysler Automobiles’ U.S. unit said on Friday the idea would certainly recall about 1.8 million trucks inside United States, Canada, Mexico in addition to some additional markets to fix a part if ...

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Goldman Sachs launching trading desk for bitcoin, report says

Goldman Sachs can be planning to get into the business of trading digital currencies such as bitcoin, Bloomberg News reported Thursday, citing sources familiar with the matter. “In response to client interest in digital currencies, we are exploring how best to serve them,” a Goldman spokesperson said in a statement to CNBC about the report. The brand new trading desk ...

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Bitcoin cost falls by more than $3,000, dropping through $13,000 mark

However, the declines followed a volatile few days for cryptocurrencies. The bitcoin offshoot, bitcoin cash, soared to record highs above $4,000 Wednesday, as crypto-marketplace Coinbase made a rocky attempt to make of which possible for people to buy as well as sell the digital currency. However, bitcoin as well as bitcoin cash fell Thursday, as well as losses accelerated from ...

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China, Singapore, Japan issue cryptocurrency warnings

Southeast Asia was the region most affected by the 1997 Asian financial crisis, in addition to authorities there have issued some of the strongest warnings about the potential downsides of cryptocurrencies. Indonesia, the region’s largest economy, has plans to ban cryptocurrency transactions starting coming from 2018 in a bid to protect its local currency, rupiah, the Jakarta Post reported. Its ...

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Apple sued after the idea admits to slowing down older iPhones

Both people are also claiming damages by Apple because they said the company’s actions caused them to suffer “economic damages along with additional harm for which they are entitled to compensation.” Apple was not immediately available for comment when contacted by CNBC. Bogdanovich along with Speas are trying to get the case certified to cover all people inside United States ...

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This particular covers swathes of the planet here’s why water matters

This particular goes without saying which water can be essential to life on earth — nevertheless This particular’s also crucial to the energy industry. “Energy needs water as well as water needs energy,” Kala Vairavamoorthy, executive director of the International Water Association, told CNBC’s “Sustainable Energy”. “When you look at energy production, water can be required in every stage of ...

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Roche to buy US cancer drugmaker Ignyta for $1.7 billion

Gianluca Colla | Bloomberg | Getty Images The headquarters of Roche AG in Basel, Switzerland. Swiss drugmaker Roche will buy U.S. cancer drugmaker Ignyta Inc for $1.7 billion to broaden its oncology portfolio globally, the companies said on Friday. Roche would likely pay $27 per share for Ignyta, representing a premium of about 74 percent to the stock’s closing cost ...

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Eric Schmidt stepping down as Alphabet’s executive chairman

Eric Schmidt will be stepping down as the executive chairman of Alphabet’s board of directors in addition to transitioning to technical advisor, the company announced. He will continue to serve on the company’s board. Schmidt first joined Google as CEO in 2001, back when the company only had several hundred employees, in addition to become its executive chairman 10 years ...

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