Year: 2025
Bitcoin jumps above $100,000 for first time since February
Harun Ozalp | Anadolu | Getty Images Bitcoin on Thursday hit its highest level since February, climbing back above the key $100,000 level. The price of the flagship cryptocurrency was last higher by more than 4% at $100,801.04, according to Coin Metrics. The move began overnight after President Donald Trump first teased an announcement between […]
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Trump says he’s pulling nomination of Ed Martin for top D.C. federal prosecutor
U.S. President Donald Trump makes an announcement about a trade deal with the U.K., in the Oval Office at the White House in Washington, D.C., U.S., May 8, 2025. Leah Millis | Reuters President Donald Trump said Thursday that he will pull his controversial nomination of Ed Martin to be the top federal prosecutor for […]
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Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in […]
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Amazon adds pet prescriptions to its online pharmacy
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021. Smith Collection | Gado | Getty Images Amazon is expanding its online pharmacy to fill prescription pet medications, the company announced Thursday. The company said it has added “hundreds of commonly prescribed pet medications” to its U.S. site, […]
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Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date. The company said Thursday that the cost […]
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UnitedHealthcare sued by shareholders over reaction to CEO’s killing
Brian Thompson, CEO of UnitedHealthcare. Courtesy: UnitedHealth Group A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson. The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 […]
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Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. But specifics about the deal were not immediately clear, and nothing was signed […]
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U.K. stocks drop as UK-U.S. trade deal announced, Bank of England cuts rates
European stocks traded broadly higher Thursday, despite the U.K.’s FTSE 100 erasing gains following the announcement of a U.K.-U.S. trade deal and an interest rate cut by the Bank of England. The pan-European Stoxx 600 was 0.24% higher at 4:06 p.m. in London, trimming earlier gains. However, the U.K.’s FTSE 100 reversed gains earlier in […]
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Whoop launches two new wearables with 14-day battery life
Whoop member wears the new device. Courtesy of Whoop Whoop on Thursday announced two new wearable devices, Whoop 5.0 and Whoop MG, which feature sleeker hardware, a longer battery life and additional in-app health insights. Both of the company’s new devices are designed for 24/7 wear. The Whoop 5.0 and Whoop MG support 14 days […]
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Shopify stock slips on light guidance, company notes tariff ‘uncertainty’
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Shares of Shopify dipped more than 5% in early trading on Thursday after the company posted mixed first-quarter results and issued soft guidance for the current period. Here’s how the company did: Revenue: $2.36 billion […]
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