Ether’s Post-Upgrade Leap Nudges Bitcoin From Crypto Limelight
Ether continued to lead the rally in cryptocurrencies Friday, grabbing the limelight from Bitcoin as cryptocurrencies extend their rebound this year.
Bloomberg Business
Cargill Profit Slows From Record After Meat Margins Collapse
Cargill Inc., the agricultural giant that’s the largest private company in the US, saw profit slow in the nine months through February as volatility in global grain markets eased and domestic meatpacking margins collapsed.
Ukraine Latest: US Charges 21-Year-Old Over Classified Leaks
The US government is struggling to explain how a 21-year-old man in a junior post was in a position to allegedly access and leak a massive trove of classified documents related to the Ukraine conflict and other matters. Jack Teixeira, a cyber specialist for the US Air Force National Guard, made his initial court appearance Friday in Boston federal court.
UK Health Workers Accept Government Pay Offer in Boost to Sunak
A UK union representing health care workers accepted a government pay deal, boosting Prime Minister Rishi Sunak’s efforts to draw a line under months of strikes that have crippled the National Health Service.
Asda to Rake in £100 Million Synergies From EG Gas Station Deal
Asda plans to generate more than £100 million ($125 million) of synergies from a proposed deal to merge its grocery operations with EG Group’s UK and Ireland gas station and convenience arm, according to an internal document.
US Charges 21-Year-Old for Taking, Leaking Classified Documents
The US charged an Air National Guardsman with unauthorized transmission and retention of classified material in connection with a massive leak that exposed a variety of intelligence secrets, including maps, intelligence updates and an assessment of Russia’s war in Ukraine.
Private Equity Takeover Hunt Ramps Up With $20 Billion Deal Wave
Private equity firms are back scouring Europe’s public markets for bargains, with nearly $20 billion of potential takeover deals emerging in the last few weeks alone.
Andreessen Horowitz Leads Fundraising for Satellite Startup Astranis
The business has raised $200 million in equity and debt as it plans its first-ever launch for Saturday.
Home Prices Halt Yearlong Plunge in Canada as Sellers Hold Off
Canadian home prices rose for the first time in a year after the country’s central bank halted its interest rate hikes and sellers remained hesitant to list their properties.
US Stocks, Bonds Slide as Rate Hike Odds Climb: Markets Wrap
US stocks and bonds slumped on Friday as traders mulled not one, but two more interest rate increases may be in store from the Federal Reserve this year.