Major bitcoin corporate backer MicroStrategy will borrow US$600 million to buy more of the currency, it said on Tuesday, as the cryptocurrency surged past US$50,000 in a rally fueled by wider acceptance among investors.
Several companies, including FedEx Corp and General Motors Co, have taken a hit from bone-chilling weather that has gripped parts of the United States, causing power outages and gas shortages.
A federal judge on Tuesday ruled against Citigroup Inc in the bank's battle to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon Inc, the struggling cosmetics company.
A federal judge on Tuesday ruled against Citigroup Inc in the bank's battle to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon Inc, the struggling cosmetics company.
CVS Health Corp said on Tuesday it would return to selling individual health insurance plans that offer Affordable Care Act premium subsidies next year, saying the market had stabilized.
Oil and gas producers Occidental Petroleum and Pioneer Natural Resources have pushed back their fourth-quarter earnings announcements, citing impacts from the harsh winter weather occurring across Texas.
German sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years after buying the U.S. fitness label to help compete with archrival Nike Inc.
Cairn Energy has filed a case in a U.S. district court to enforce a US$1.2 billion arbitration award it won in a tax dispute against India, a court document showed, ratcheting up pressure on the government to pay its dues.
REUTERS: Marriott International said on Tuesday Chief Executive Officer Arne Sorenson, who was undergoing cancer treatment, has unexpectedly died. (Reporting by Ankit Ajmera in Bengaluru; Editing by Arun Koyyur)
A miniature rover being developed to explore the Moon's surface is on track to join the search for water there, its Hungarian inventors believe - using a device that weighs less than a bag of sugar.
