When the U.S. Feds cut interest rates by half a percentage point last week, it was a dash of good news for venture capitalists backing one particularly beleaguered class of startups: fintechs, especially those that rely on loans for cash flow to operate their businesses.  These companies include corporate credit …

PayPal is launching a new service to allow businesses to buy, hold and sell cryptocurrency, making it much easier for US merchants to use crypto for payments. Although the company already allowed its PayPal and Venmo users with consumer accounts to use bitcoin and other virtual coins via its online …

Mr. Coppola has spent $120 million on his new movie, “Megalopolis.” Most box office analysts predict that he’ll get far less in return. Source link

Since its IPO in January 1999, Nvidia (NASDAQ: NVDA) has established itself as one of the world’s most successful companies. It has been particularly adept at adapting its technology to expand into new markets. The company pioneered the graphics processing units (GPUs) that revolutionized the gaming industry, turning boxy figures …

Though no bodies have been recovered in Unicoi County, authorities say they expect fatalities among about a half-dozen people who remain missing. Source link

For years, Silicon Valley and Wall Street have questioned Mark Zuckerberg’s decision to invest tens of billions of dollars into Reality Labs. This week, Meta’s wearables division unveiled a prototype of its Orion smart glasses, a form factor the company believes one day could replace the iPhone. That idea sounds …

It looks like Butch and Suni’s ride home is headed their way. The two NASA astronauts — Barry “Butch” Wilmore and Sunita “Suni” Williams — have been stuck on the International Space Station for nearly four months, due to problems with the Boeing Starliner spacecraft that had been meant to …

The company brought three New York premieres to the Joyce Theater. Source link

When most investors look at Altria (NYSE: MO) what they see is a huge 8% dividend yield backed by a dividend that has been increased for years. That is the type of story that most dividend investors will find attractive. But there’s a big risk here because the company’s core …

Former President Donald J. Trump assailed Vice President Kamala Harris in harshly personal terms in what he conceded was “a dark speech.” Source link