Energy
PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world […]
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Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers […]
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Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023. Joseph Nair | Bloomberg | Getty Images Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history. The attack […]
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Block shares plunge 17%, head for worst day in 5 years after earnings miss
Marco Bello | AFP | Getty Images Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling […]
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Block shares fall on profit, revenue miss
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Block reported fourth-quarter results on Thursday that fell short of […]
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Analysts are bullish on this liquefied natural gas stock that went public last month
Wall Street analysts are bullish on the future Venture Global , the second pure-play publicly traded liquified natural gas company in the U.S. Venture Global started trading on the New York Stock Exchange on Jan. 24 in one of the largest initial public offerings for an energy company in years. Venture’s stock has subsequently fallen […]
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Wind energy just had a record year in Germany — but the federal election could shake things up
Cars and trucks drive along a country road in stormy weather. Jan Woitas | Picture Alliance | Getty Images 2024 was a strong year for aeolian energy in Germany, with permit awards for onshore wind turbines accelerating, according to industry data — but the upcoming Feb. 23 election means the sector now faces uncertainty, amid […]
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India’s NTPC plans to spend $62 billion on 30GW of nuclear power, sources say
Indian state power company NTPC is looking to build 30 gigawatts (GW) of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion, three sources said. The country’s top power producer, which mainly runs coal-fired plants, is seeking land for its ambitious plan in a country […]
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Trump’s broadside against wind industry puts projects that could power millions of homes at risk
A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The […]
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Crypto and Trump gang up on FDIC over debanking: ‘Our story is pretty ridiculous’
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden administration. “Our story is pretty […]
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