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Financial & Business News

  • Asia Stocks Set for Muted Start With Focus on Fed: Markets Wrap
    Business
    Bloomberg

    Asia Stocks Set for Muted Start With Focus on Fed: Markets Wrap

    (Bloomberg) -- Asian stocks looked set for a muted start to the week as investors prepare for a key Federal Reserve meeting.Futures were little changed in Japan. Trading volumes are expected to be light with a number of holidays in the region including in Australia, China and Hong Kong. U.S. futures were steady after stocks staged a late rally Friday, closing at another record after a choppy day of trading. Ten-year Treasury yields inched up to around 1.45% after hitting three-month lows on Thur

  • U.S.
    Reuters

    UPDATE 1-Judge tosses Houston hospital workers' lawsuit over vaccine requirement

    A U.S. federal judge has dismissed a lawsuit brought by 117 workers at a Texas hospital over its requirement that they be vaccinated against COVID-19. U.S. District Judge Lynn Hughes upheld Houston Methodist Hospital's policy mandating employees be vaccinated, in a ruling issued on Saturday. Jennifer Bridges, a nurse and the lead plaintiff in the case, had argued that if she was fired for refusing a vaccine, it should be considered wrongful termination.

  • Bitcoin Jumps After Musk Says Tesla Will Use When Mining Cleaner
    Business
    Bloomberg

    Bitcoin Jumps After Musk Says Tesla Will Use When Mining Cleaner

    (Bloomberg) -- Bitcoin jumped above $39,000 after Elon Musk said Tesla Inc. would resume transactions with the cryptocurrency when mining is done with more clean energy. The transactions will start back up “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.”Musk also reiterated the electric-car maker had sold about 10% of its Bitcoin holdings to demonstrate the token’s liquidity.His tweet was in reply to a report in Cointelegraph, which cited