Warner Bros. Discovery writes down value of TV assets by $9B
Warner Bros. Discovery said on Wednesday it was writing down the value of its television assets due to uncertainty about fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in after-hours trading. The film and entertainment studio, which owns sports network TNT and streaming service Max, took a […]
Acting Secret Service Director Refused to Say Who Denied Assets to Protect Trump
During a Senate hearing on Tuesday, Secret Service Acting Director Ronald Lowe declined to identify individuals who had refused requests for security personnel for former President Donald Trump over the past two years. Sen. Ted Cruz (R-Texas) has offered Lowe a July 20, 2024 presidential nomination. The Washington Post The report alleges that “the head […]
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets – Cointelegraph
Independent presidential candidate Robert F. Kennedy Jr., speaking to an audience at the Bitcoin2024 event on July 26, praised the role Bitcoin will play in improving the U.S. economy and the American way of life, and promised to sign several executive orders to start that process on his first day in office. Bitcoinization by Presidential […]
BlackRock Posts Earnings Beat, Assets Jump 13% to Record $10.6 Trillion. Stock Rises. – Barron's
BlackRock Inc. said on Monday that its second-quarter profit rose 11% from a year earlier, beating analysts’ expectations. The firm currently manages a record $10.64 trillion in assets for its clients, up 13% from last year. The world’s largest asset manager reported quarterly adjusted net income of $1.55 billion, beating expectations of $1.47 billion. That […]
$1,640,000,000 in Crypto Assets Lost on BNB Chain Since Launch, Says Bug Bounty Platform Immunefi – The Daily Hodl
New data from bug bounty platform Immunefi has revealed that approximately $1.7 billion in crypto assets have been leaked on the BNB chain since its inception in September 2020. A new research paper reveals that To tell The BNB Chain has experienced hundreds of fraud and security incidents since its launch nearly four years ago. […]
Asia’s growing tribe of ETF investors swells assets to US$1.3 trillion – South China Morning Post
Luke is part of a growing group of investors in Asia who are investing in ETFs. Low-cost, diversified and transparent, these products are becoming an increasingly go-to option for both retail and institutional investors, with the region becoming the fastest growing in the world. According to independent research and consulting firm ETFGI, total ETF assets […]
Bankruptcy court trustee plans to shut down Alex Jones' Infowars, liquidate assets
The bankruptcy trustee for Alex Jones said on Monday that he plans to shut down Jones’ media site Infowars and liquidate his business assets to repay the families of the victims of the Sandy Hook High School shooting. Court-appointed trustee Christopher Murray said in an “emergency” motion that he would conduct an “orderly winding down” […]
Wisconsin woman attempted to poison veterinarian husband with animal euthanasia drugs to steal assets: police
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Seizing Assets and Sunsetting Deals: Long-Term Implications
Estimated Reading Time: 5 minutes Two stories that we have chronicled before have come together in the past week in spooky juxtaposition. We readily admit the stories are somewhat “wonkish”, and have not gotten much press coverage or analysis. The two stories are related to the seizure of Russian assets, as part of the sanctions […]
Janet Yellen rebukes Putin’s equating of seizing Russian assets with theft
Treasury Secretary Janet Yellen rejected Russian President Vladimir Putin‘s characterization that seizing frozen Russian assets was equivalent to theft. In an appearance on ABC’s This Week, Yellen outlined the Biden administration‘s position on the issue and argued that using Russian assets to send further aid to Ukraine was appropriate. “There is no sense at all in […]