[ad_1] Updated Jan. 11, 2024 10:59 am ET Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals. The car-rental company…
Tag: Regulation/Government Policy
Blockbuster Natural-Gas Merger Is Almost Too Perfect
[ad_1] Jan. 11, 2024 12:04 pm ET Chesapeake Energy’s merger with Southwestern Energy would create the largest natural-gas-focused producer in the U.S. It also creates an investment story that is…
AI Has a Trust Problem. Can Blockchain Help?
[ad_1] The difficulty of ensuring artificial intelligence algorithms are safe, unbiased and accurate is turning some companies to a technology once hyped as transformative, but that has failed to catch…
Citigroup Taking Charges on Argentina, Russia and Its Own Restructuring
[ad_1] Citigroup recorded a litany of one-time charges and expenses in the fourth quarter related to its exposures to Argentina’s debt market, Russia’s political instability and the bank’s own restructuring…
SEC Approves Bitcoin ETFs for Everyday Investors
[ad_1] A ruling Wednesday clears the way for the first U.S. exchange-traded funds that hold bitcoin to be sold to the public. The decision by the Securities and Exchange Commission…
SEC Hack Adds to Unease Over Bitcoin ETF Approval
[ad_1] Jan. 10, 2024 11:47 am ET WASHINGTON—The hack of the Securities and Exchange Commission’s X account this week likely complicates an expected vote Wednesday on whether to greenlight exchange-traded…
SEC Says X Account Was ‘Compromised’ on False Bitcoin ETF Post
[ad_1] Updated Jan. 9, 2024 5:14 pm ET The Securities and Exchange Commission said its official X account was “compromised” when it posted late Tuesday that the agency had approved…
Congress Explores Curbing Pandemic Tax Break in Bid for Last-Ditch Deal
[ad_1] WASHINGTON—U.S. lawmakers are considering curbing a troubled pandemic-era tax credit as they negotiate a bipartisan deal that could include about $100 billion in tax breaks for businesses and families. …
America Has Plenty of Natural Gas. So Why Is New England Left Out in the Cold?
[ad_1] Updated Jan. 9, 2024 1:10 pm ET America is the world’s largest natural-gas producer, but New Englanders’ capacity to stay warm in winter may hinge on the fate of…
SEC’s Decision on Spot Bitcoin ETFs Could Go a Few Different Ways
[ad_1] Crypto enthusiasts think the launch of the first U.S. exchange-traded funds that hold bitcoin is a done deal. But regulatory approval is still no guarantee, especially in the wild…