Texas paid bitcoin miner Riot $31.7 million to shut down in August
During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from …
business news
Invasive species cost the global economy over $423 billion a year: UN
A lanternfly is seen on the roof of an apartment in New York City, Aug. 8, 2022. The NY State Department of Agriculture is encouraging residents to kill the invasive …
Prosecutors will seek Hunter Biden indictment before Sept. 29
Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July …
How much do weddings cost? This one in Las Vegas is just $15
They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according …
Great Wall of China damaged by pair wanting a shortcut for vehicle
It may have seemed like a good idea at the time. In an apparent attempt to create a shortcut, two people allegedly used heavy machinery to remove a sizeable section …
Tencent releases AI model Hunyuan for businesses amid China competition
Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023. Nurphoto | Nurphoto | Getty Images Chinese tech giant Tencent is launching its …
UK flight disruption will take ‘days’ to fix after technical glitch
The United Kingdom’s air traffic control systems have grounded thousands of flights on one of the busiest travel days of the year. Carl Court | Getty Images News | Getty …
UAW leader says strike would send Biden a message
A strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor, UAW …
Warner Bros. Discovery CEO says writers, actors strikes need to end
Warner Bros. Discovery CEO David Zaslav. Olivia Michael | CNBC The media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to …
U.S. businesses desperate for dialogue with China
In an interview with CNBC’s Jim Cramer on Tuesday, U.S. Commerce Secretary Gina Raimondo stressed the importance of communication in fostering the country’s economic relationship with China. Raimondo said U.S. …