Bitcoin ETFs Are Live. Cue the Fee War.

[ad_1] The fierce competition for new bitcoin fund assets means that trading the cryptocurrency just got a lot cheaper. Ten nearly identical bitcoin exchange-traded funds began trading Thursday, and the…

BlackRock’s New Bitcoin ETF Off to a Monster Start

[ad_1] BlackRock’s new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day. More than $761 million of shares in the iShares…

The Fed Launched a Bank Rescue Program Last Year. Now, Banks Are Gaming It.

[ad_1] An emergency lending program the Federal Reserve created during the 2023 banking crisis has turned into easy money. Borrowing from the Fed’s bank term funding program has increased to…

FAA Approves Inspection Method for Grounded Boeing 737 MAX 9 Jets

[ad_1] Updated Jan. 8, 2024 12:58 pm ET The Federal Aviation Administration has approved procedures for airlines to inspect their grounded 737 MAX 9 jets, clearing the way for the…

Apple’s Vision Pro to Become Available In U.S. Feb. 2

[ad_1] Apple’s new mixed-reality headset will become available in the U.S. starting Feb. 2, setting the stage for the company’s premium-priced offering to compete in a crowded market. The tech…

Ecstasy-for-Medicine Advocate Raises $100 Million

[ad_1] The Multidisciplinary Association for Psychedelic Studies, a nonprofit leader in the pharmaceutical psychedelics industry, has raised more than $100 million in a Series A private stock sale.   MAPS needed…

You Can Now Get Weight-Loss Drugs Right From Eli Lilly

[ad_1] Eli Lilly started a new online service offering telehealth prescriptions and direct home delivery of its new anti-obesity drug Zepbound, an unusual move into the drug supply chain by…

WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships

[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…

Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars

[ad_1] After a decade, Apple still hasn’t introduced an Apple car. Some of its biggest smartphone rivals in China are moving faster. Huawei and Xiaomi, whose phones battle the iPhone…

Verano Executive Bullish on the Future of the U.S. Cannabis Industry

[ad_1] The past year was pivotal for the legal cannabis industry’s acceptance as a mainstream business in the U.S.  The Department of Health and Human Services in August recommended to…