Monday , 19 March 2018

Australian police raid Sydney home of reported bitcoin creator


SYDNEY (Reuters) Australian police raided the Sydney home and office on Wednesday of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency, Reuters witnesses said. More than a dozen federal police officers entered a house registered on the electoral roll …

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Solid Jobs Report Seen as Green Light for Fed to Hike Rates


The closely watched employment report came a day after Fed Chair Janet Yellen struck an upbeat note on the economy when she testified before lawmakers, describing how it had largely met the criteria the U.S. central bank has set for the Fed’s first rate hike since June 2006. Yellen said the economy needs to create …

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Verizon to introduce ‘toll-free’ data


Verizon will begin testing toll-free data, in which third-party companies will pick up the tab for your data usage when you download content from their apps, websites and services. That’s just like when you dial an 800 number — the company you’re dialing pays for the call, not you. So how would toll-free data work? …

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Dow and DuPont to merge in deal to create $130 billion chemical giant


Reuters Chemical giants DuPont (DD.N) and Dow Chemical Co (DOW.N) agreed to merge in an all-stock deal valuing the combined company at $130 billion (£85.8 billion), with plans to eventually split into three. The deal, which is likely to face intense regulatory scrutiny, allows the new company – to be called DowDuPont – to rejig …

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New York’s Biggest Rental Tower Is a Stand-Alone City, Pet Spa Included


Oshrat Carmiel, Bloomberg By year end, Manhattan renters with a taste for luxury will have more than 2,000 newly built apartments to choose among. Almost half will be in just one building on the far West Side.  Next week, the first tenants will move into Moinian Group’s Sky tower at 42nd Street and 11th Avenue. It’s the …

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