Central bank digital cash may derail crypto’s run: RBA – The Australian Financial Review
The outgoing head of payments at the Reserve Bank launched a broadside on cryptocurrency volatility, and said FOMO will be replaced…
Business
Treasury Wines buys Frank Family Vineyards in California – The Australian Financial Review
CEO Tim Ford promises no compromise on the quality of the Frank Family Vineyard wines in the chase for higher sales volumes.
Cramer’s advice on Lucid and Rivian: Heed lessons from the dot-com bubble and take profits – CNBC
“You’re playing momentum, not car companies and not technology, and in that case it’s better to ring the register early and often,”…
Baidu warns of ad revenue slowdown after quarterly results beat – Reuters
Baidu Inc beat quarterly revenue and profit estimates on the strength of its cloud business, but warned that China’s regulatory…
U.N. to Elon Musk: Here’s how we would spend your money to fight global hunger – CBS News
The Tesla CEO challenged the United Nations to break down how a mega-donation from him would avert famine. So it did.
UK inflation surges to a 10-year high of 4.2%, worse than expected – CNBC
The U.K.’s Consumer Prices Index rose by 4.2% in the 12 months to October, up from 3.1% in September.
NorCal taxi, ride-share drivers hit hard by rising gas prices – KCRA Sacramento
Gas prices are high and they continue to reach records in Northern California. In Sacramento, the average price of gas Tuesday…
Theranos drained $96 million from an experienced investor — plus some blood – The Verge
Brian Grossman’s testimony in US v Elizabeth Holmes was damning. He’d done due diligence and relied on information Holmes gave…
Here’s what you need to know about TikTok’s class action lawsuit – NBC News
If you used TikTok or its predecessor Musical.ly before Oct. 1, you may be eligible for compensation as part of a $92 million…
Covid-19 Live updates: Booster Shots, Vaccine Mandates and the Latest – The New York Times
Masks will still be required on public transportation and inside schools. The F.D.A. plans to authorize Pfizer-BioNTech boosters…