Business

Shiba Inu Now Largest Holding After USDC For Ethereum Whales, Price Adds 4%

According to Whale Statistics data, Shiba Inu is now the largest crypto asset for the top 100 Ethereum whales after USDC, while Ethereum (ETH) maintains the number one spot. According to data from the blockchain data tracker, the top 100 ETH whales now have $423,180,380 in Shiba Inu, or 15.55% of their holdings. Circle’s Stablecoin, …

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Air India plans to buy 300 planes in one of the biggest deals in history

By Siddharth Philip, Anurag Kotoky, Charlotte Ryan and Julie Johnsson Air India Ltd is considering ordering as many as 300 narrowbody jets, according to people familiar with the case, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline fleet under new ownership. The airline may order …

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‘It’s a shame’: Passengers angry as MBTA cuts subway service for summer – Boston News, Weather, Sports

BOSTON (WHDH) – Riders said they were unhappy when the MBTA began cutting subway services across lines Monday in response to a federal report citing the agency’s lack of coordinators. As part of their response to special guidance from the Federal Transit Administration, the T is scrapping the rest of the summer because they don’t …

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Mark Zuckerberg designed clothes for you to wear in the metaverse – including a formal gray suit

MARK Zuckerberg has unveiled his metaverse fashion range and is even appearing as a digital model for the luxury outfits. High-end brands such as Balenciaga, Prada and Thom Browne join Metaplatforms bring luxury the metaverse† 2 Zuckerberg’s avatar dressed down to the last detailCredit: Facebook/Mark Zuckerberg 2 Zuckerberg discussed luxury clothing options with Instagram director …

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Pfizer agrees to invest more than $95 million to buy stake in French vaccine company Valneva

See what’s clicking on FoxBusiness.com. Pfizer has agreed to invest 90.5 million euros, or $95.24 million, to buy an 8.1% stake in French vaccine company Valneva while the two companies showed progress in their collaboration to stop Lyme disease. The stake in Valneva, which also works on a coronavirus vaccine, will be purchased for Euro …

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Revlon Bankruptcy Complicated by Citi .’s $900 Million Mistake

As Revlon prepares to negotiate restructuring after bankruptcy last week, the US cosmetics company still doesn’t know the identities of all of its major creditors, a result of a bizarre banking error. In August 2020, Citigroup mistakenly used its own money to repay a $900 million term loan it managed on behalf of Revlon that …

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Proposed NJ wind farm could have major impact on area fishing, says draft report

A proposed wind farm for the Jersey Shore could significantly affect local fishing and boat traffic, but generally have little impact on tourism and marine life, while helping to move away from oil and gas, according to the draft environmental impact assessment released Friday by the Bureau of Ocean Energy Management. The impact statement is …

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People shop at a supermarket in Arlington, Virginia, June 10, 2022. - Wall Street stocks fell sharply early on June 10 following fresh data showing surging consumer prices that quashed hopes inflation would quickly abate. Friday's report showed the consumer price index (CPI) jumped 8.6 percent compared to May 2021, topping analyst estimates and up from 8.3 percent in the 12 months ending in April. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

People’s inflation expectations are rising – and will be hard to lower

Cconsumer prices in the rich world are rising more than 9% year over year, the highest rate since the 1980s. Worryingly, there is mounting evidence that the public is beginning to expect consistently high inflation. Figures indicating that Americans’ medium-term inflation expectations had risen helped spark last week’s market turmoil, which culminated in the Federal …

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Airbus CEO says in conversation with Qatar Airways about A350 dispute | Aviation News

The two sides are engaged in a legal battle over the airworthiness of Europe’s latest long-haul aircraft. Airbus is in talks with Qatar Airways to try to resolve a bitter legal and safety dispute over the A350 passenger jet, the aircraft maker’s CEO said. “There is progress in the sense that we communicate; we work …

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