LA LIBERTAD, El Salvador (AP) — In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside “Bitcoin City” at the base of a volcano. Bukele used a gathering of Bitcoin enthusiasts Saturday night to launch his latest idea, much as he used a an earlier Bitcoin conference […]

Representatives from 11 Republican state attorney general offices in the United States met in Washington, D.C., this week to discuss how to address Ben & Jerry’s refusal to sell products in the West Bank and parts of Jerusalem, reported The Washington Post. The gathering, which took place on the sidelines of the 2021 Federalist Society […]

Starbucks and Amazon are teaming up on a grab-and-go store format. The Seattle-based companies will open their first Starbucks Pickup with Amazon Go location on Thursday in New York. At least two more New York stores are planned for next year. The stores offer the full Starbucks menu as well as prepared salads, sandwiches and […]

LONDON (AP) — Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction fees. The online retail giant moved this week to stop shoppers from using Visa credit cards issued in the United Kingdom starting next year, the latest salvo in a battle between payment networks and retailers. Amazon […]

DETROIT (AP) — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year. As of early Wednesday, Musk had sold roughly 8.2 million […]

WASHINGTON (AP) — Americans largely shrugged off higher prices last month and stepped up their spending at retail stores and online, providing a boost to the economy. Retail sales rose a seasonally adjusted 1.7% in October from September, the U.S. Commerce Department said Tuesday. That’s the biggest gain since March and up from 0.8% in […]

Home Depot’s sales continued to climb through third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at stores open at least a year, a key gauge of a retailer’s health, jumped 6.1%, […]

NEW YORK (AP) – The e-commerce mattress maker Casper is being acquired and taken private, less that a year after its public debut, for about $308 million. Shares of Casper Sleep Inc. spiked 94% to $6.76 at the opening bell Monday. Durational Capital Management will pay $6.90 per share for Casper’s stock. The New York […]

CyrusOne is being acquired for $11.5 billion, the second big sale in recent months of a real estate investment trust focused on data centers. In August, Blackstone completed a $10 billion acquisition of QTS Realty Trust Inc. On Monday, CyrusOne, said KKR and Global Infrastructure will pay $90.50 per share in a deal worth $15 […]

WASHINGTON (AP) — Donald Trump’s opulent hotel near the White House that drew lobbyists and diplomats seeking favor with the ex-president as well as criticism as a symbol of his ethics conflicts is being sold to a Miami investment group, according to published reports citing anonymous sources. CGI Merchant Group agreed to pay the Trump […]