Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient. Awarded Tuesday by the U.S. Patent and Trademark Office, the patent describes a “system and method for managing transactions in dynamic digital documents” that would provide companies with a shared distributed ledger to supply relevant
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With bitcoin setting a blistering pace for 2020, Markets Daily is back with the news moving markets, plus a look at several stories on the escalating, global interest in blockchain by governments. No time to listen? scroll down for the complete episode transcript… Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets
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Lockheed Martin F-35 Joint Strike Fighter Lightning II Robert Sullivan | FlickrCC Shares of defense companies outperform the broader market in the six months after a crisis event in the Middle East, according to an analysis by CNBC. Defense stocks have risen since a U.S. airstrike killed Gen. Qasem Soleimani, Iran’s top military commander, last
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Check out the companies making headlines midday Monday: Alphabet — Alphabet shares gained more than 2% and hit an all-time high after an analyst at Pivotal Research upgraded them to buy from hold. The analyst noted the internet giant will “find new and expanded revenue streams under new CEO Sundar Pichai.” SmileDirectClub — SmileDirectClub jumped
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Photo: Getty More communities throughout the U.S. are demanding more flexible real estate options that can accommodate multigenerational families throughout all phases of life. One prominent and increasingly popular solution is the accessory dwelling unit, or ADU – an independent residential unit with its own kitchen, bathroom(s) and bedroom(s) that is either attached to or
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Peter Weinberg, CEO of WeWork advisor Perella Weinberg, told CNBC on Monday that the office-sharing company’s tumultuous 2019 does not discount the fact that the fundamental business is strong. “Having gotten so involved in this, [I think] the core of the business is a really, really good business,” Weinberg said in a “Squawk Box” interview.
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Bitcoin could be set for a major breakout as escalating tensions between the US and Iran drive investors to safe-haven assets, with cryptocurrency and gold values surging. Tensions in the Middle East reached a critical point on Thursday after US President Donald Trump ordered a drone strike on a vehicle convoy near Baghdad International Airport,
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The California Infrastructure and Economic Development Bank has agreed to issue $125 million more revenue bonds to construct a museum for the Academy of Motion Picture Arts and Sciences, presenter of the Oscars. A sale date hasn’t been set, but Wells Fargo expects to price the bonds in late January or early February, according to
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Oil prices tend to see sustained gains following Middle East crisis events, while stocks eventually churn higher as safe haven assets gold and Treasurys fade from their initial pops, according to historical analysis. Oil prices jumped roughly 4% on Friday after a United States airstrike in Baghdad killed Qasem Soleimani, one of Iran’s top military
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Atlantic City opened the new decade with a rating boost from Moody’s Investors Service, marking continued fiscal stability entering year four of a five-year state takeover period. Moody’s upgraded Atlantic City’s general obligation bonds two notches Friday to Ba3 from B2 and assigned a stable outlook, citing improved finances under an oversight program established under
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Dallas/Fort Worth International Airport (Photo by Robert Alexander/Getty Images) When looking for municipal bonds to buy, there are numerous details to study before pointing and clicking to buy or telling one of the few live brokers still around to pull the trigger. Let’s go through the steps with a recent example. Pulaski Community School District
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