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Stronghold Digital’s Shares Jump With Bitcoin Miner Mulling Sale
Stronghold Digital Mining Inc. is weighing the sale of the company and other alternatives with competition increasing in the wake of a Bitcoin code update called the “halving” that drastically reduces mining revenue.
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Top Coal Miner Reports 26% Rise in Profit as Staff Costs Fall
Coal India Ltd., the world’s largest producer of the commodity, reported a 26% increase in fourth-quarter profit, driven by a drop in salary expenses and higher shipments to customers.
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Top Seven New North Fork Places to Eat, Drink and Stay to Escape the Hamptons
You’ll find supercool new and retro-themed hotel rooms, plus dining options from notable New York chefs.
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Saudi League Home to Ronaldo in Talks for Documentary Series
Saudi Arabia’s football league, home to Ronaldo and Neymar Jr., is in talks to produce a documentary series it hopes to sell to streaming companies such as Netflix Inc., according to people familiar with the matter.
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Private Credit Fundraising Hits Lowest Level Since 2020
Private credit fundraising scraped the lowest level in any quarter since 2020 as inflation remains stubbornly high and the Federal Reserve primes investors for interest rates to stay elevated for longer.
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Next South African Government Has Tough Reform Job, Moody’s Says
South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service cautioned.
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Tractor Makers CNH and AGCO Trim Outlooks on Weak Farmer Demand
Tractor makers CNH Industrial NV and AGCO Corp. reduced their outlooks for 2024 on declining sales of farm machinery as growers continue to be squeezed by falling crop prices.
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Bill Gross Says ‘Total Return’ Strategy He Pioneered Is ‘Dead’
Bill Gross, who pioneered the “total return” strategy in the 1980s that revolutionized the bond market, says the approach is now defunct.
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Options Traders Brace for Biggest S&P Jobs-Day Swing in a Year
The options market is betting that stocks will swing widely after Friday’s US jobs report, which traders expect will offer more clarity on how much the Federal Reserve may cut interest rates this year.
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Columbia Chief Assailed for Calling Cops Keeps Shaky Hold on Job
Columbia University President Minouche Shafik’s decision to allow police on campus for two weeks will likely help her avoid the fates of Ivy League leaders who were forced to resign partly over the way they dealt with protests and accusations of antisemitism.
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