Novogratz Says Bitcoin ETF Will Be Approved This Year by the SEC
Michael Novogratz says he expects the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this year.
Bloomberg Tech
Israel Latest: Biden Suggests Israel Not Behind Hospital Blast
US President Joe Biden suggested Israel wasn’t responsible for the deadly blast at a Gaza City hospital that killed hundreds and threatened to plunge the region into chaos.
ChatGPT Creator Partners With Abu Dhabi’s G42 in Middle East AI Push
OpenAI, the creator of ChatGPT, is teaming up with Abu Dhabi’s leading artificial intelligence firm as part of an expansion within the United Arab Emirates and the broader region.
Bill Ford Says Electric Vehicles Are Being Politicized Like the Vaccine
Ford Motor Co.’s executive chair pointed to polarization in US politics as one of the reasons the automaker is slowing production of its first electric pickup.
Russian Foreign Minister Lavrov Arrives in North Korea
Russian Foreign Minister Sergei Lavrov arrived in North Korea for his first visit in about five years, as the US made fresh accusations that Pyongyang is supplying weapons to help Moscow in its assault on Ukraine.
Online Marketplace Basic.Space Acquires the Design Miami/ Furniture Fair
High design is going digital.
Congress Eyeing Broker Payments Behind Booming Medicare Sales
Lawmakers are taking a closer look at the money that changes hands between health insurers and the brokers who sell their Medicare plans, in an effort to crack down on payments that may be steering seniors to some plans over others.
China Is Becoming a Data Black Hole, Short Seller Aandahl Says
China’s restrictions on overseas access to data are driving investors away, according to short seller Blue Orca Capital LLC, whose founder says the curbs undermine the investment case for the world’s second-largest stock market.
Israel Latest: Biden Meets Netanyahu After Blast Stokes Tensions
US President Joe Biden suggested Israel wasn’t responsible for the deadly blast at a Gaza City hospital that killed hundreds and threatened to plunge the region into chaos.
European Stocks Muted on Disappointing Results From ABB, ASML
European stocks edged lower on Wednesday, weighed down by disappointing results from ASML Holding NV and Swiss industrial conglomerate ABB Ltd., and as traders assessed escalating tensions in the Middle East.