medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation
Former Florida hedge fund manager charged with insider trading, again: A former Miami-based hedge fund manager was arrested on Friday after federal prosecutors ...
reuters.com/world/us/former-florida-hedge-fund-manager-charged-with-insider-trading-again-2025-06-13/
Key FactsInsider Trading Charges Reinstated Against Ex-Hedge Fund Manager
3h · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Kris Bortnovsky allegedly earned over $4 million through illegal trades using inside information.
- The case was dropped in 2022 when key witness David Schottenstein withdrew his cooperation.
- Bortnovsky faces additional charges of obstructing justice by intimidating the witness during bail.
- The indictment involves trades based on confidential data from companies such as Designer Brands and Aphria.
Steel industry: Trump approves purchase of US Steel by Nippon Steel: Nippon Steel's takeover bid met with resistance in the USA from the outset ...
handelsblatt.com/unternehmen/industrie/stahlindustrie-trump-genehmigt-kauf-von-us-steel-durch-nippon-steel/100135101.html
Key FactsUS Steel and Nippon Merger Approved
20h · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnbc.com
Summary created with AI assistance · Source: cnbc.com
- President Trump authorized the merger between U.S. Steel and Nippon Steel following a national security agreement.
- The deal grants the U.S. government a 'golden share' providing control over governance, domestic output, and trade matters.
- Nippon committed to investing $11 billion by 2028, including a greenfield project extending beyond that year.
- Trump guaranteed full blast furnace operation for 10 years, no layoffs, a $5,000 worker bonus, and doubled steel import tariffs.
Nippon will be a 'great partner.'— President Donald Trump told U.S. Steel workers about the partnership with Nippon.
Despite Twint and co.: cash goes into the constitution: The Council of States has unanimously decided to enshrine the Swiss currency and the supply of cash in ...
beobachter.ch/magazin/geld/wie-der-franken-jetzt-in-die-verfassung-kommen-soll-832724
US President: authorities publish Donald Trump's income: From Mar-a-Lago to the golden sneaker: US President Trump must provide insight into his business ...
zeit.de/politik/ausland/2025-06/trump-einkuenfte-2024
Gaza diary: “I don't want breadcrumbs, I want Nutella crêpes”: Our author bought her daughter a crepe in Gaza for 74 euros. For her, this expensive purchase is ...
berliner-zeitung.de/kultur-vergnuegen/gaza-tagebuch-ich-will-keine-brotkrumen-ich-will-nutella-crepes-li.2330275
Ave Maria Growth Focused Fund Q1 2025 Commentary: For Q1 of 2025, the total return on the Ave Maria Growth Focused Fund (AVEAX) was -4.38% ...
seekingalpha.com/article/4794710-ave-maria-growth-focused-fund-q1-2025-commentary
Paid articlePaywall
Trump’s 250th anniversary military parade begins as protests sweep the U.S.: The event is expected to include about 6,600 soldiers, 50 helicopters and 60-ton M1 ...
globalnews.ca/news/11241289/trump-military-parade-us-protests/
White House reviews SpaceX contracts as Trump-Musk feud simmers: Reports: The White House earlier this month directed the Defense Department and NASA to gather ...
english.alarabiya.net/News/united-states/2025/06/14/white-house-reviews-spacex-contracts-as-trumpmusk-feud-simmers-reports
BioNTech after the CureVac deal: Target price $140: BioNTech plans acquisition of CureVac; Deutsche Bank recommends buy with target $140 ...
deraktionaer.de/artikel/pharma-biotech/biontech-nach-dem-curevac-deal-kursziel-140-dollar-20381748.html
Key FactsBiontech Expands Through Curevac Acquisition
Jun 12 · Reading time: ~45 sec.
Summary created with AI assistance · Source: sueddeutsche.de
Summary created with AI assistance · Source: sueddeutsche.de
- Biontech is acquiring Curevac for approximately $1.25 billion to accelerate innovative cancer therapy research.
- The deal ends a long-standing rivalry peaked during the Covid-19 vaccine race between the two companies.
- The transaction is structured as a stock swap, granting Curevac shareholders four to six percent ownership in Biontech.
- Germany’s government views the acquisition favorably, highlighting the creation of a leading national biotech company.
We want to bring together complementary skills and technologies.— Uğur Şahin, co-founder and CEO of Biontech, discusses the goals of the acquisition of Curevac.
McDonald's: This is what success tastes like - turning 1,000 dollars into: McDonald's investors could have turned 1,000 dollars into a double-digit return in 20 ...
deraktionaer.de/artikel/commerce-brands-unicorns/mcdonalds-so-schmeckt-erfolg-das-wurde-aus-1000-dollar-20381726.html
EWN 12h
R700m for National Dialogue will contribute to building a better SA, say organisers
ewn.co.za/2025/06/14/r700m-for-national-dialogue-will-contribute-to-building-a-better-sa-say-organisers
Key FactsWalmart and Amazon Explore Custom Stablecoins
Jun 13 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cointelegraph.com
Summary created with AI assistance · Source: cointelegraph.com
- Walmart and Amazon are considering launching their own US dollar-backed stablecoins for consumer use.
- Implementing stablecoin payments could redirect billions in cash flow away from traditional banks.
- Their issuance plans depend on the passage of the GENIUS Act, which would regulate stablecoin compliance.
- Other companies like Shopify and major financial firms are also preparing to adopt stablecoin solutions by 2025.
Investors choose safe havens, oil over equities as Middle East erupts: U.S. investors on Friday sought refuge in safe-haven assets like the dollar and gold ...
reuters.com/business/energy/global-markets-investors-pix-graphic-2025-06-13/
Between dollars and mullahs: Syria's new “business Islamism”: Violence between Israel and Iran is escalating again in the Middle East. In the middle of it all: ...
faz.net/podcasts/f-a-z-podcast-fuer-deutschland/zwischen-dollar-und-mullah-syriens-neuer-business-islamismus-110534613.html
Indonesian province dangles cash for men to get vasectomy, in bid to slow population growth
straitstimes.com/asia/se-asia/indonesian-province-dangles-cash-for-men-to-get-vasectomies-in-bid-to-slow-population-growth
Remember Trump Stole from the US Army Relief Fund and was fined 2 million dollars
npr.org/2019/11/07/777287610/judge-says-trump-must-pay-2-million-over-misuse-of-foundation-funds
US dollar hits multi-year low as analysts warn of dangers of Trump policies: The US dollar is on the slide, while investors are shying away from the world's ...
abc.net.au/news/2025-06-13/us-dollar-hits-multi-year-low-amid-concerns-over-trump-policies/105411360
Oil price: Is the Iran crisis driving up the price of petrol and heating oil?: Following Israel's attack on Iran, oil prices around the world are reacting ...
wiwo.de/finanzen/boerse/oelpreis-treibt-die-iran-krise-die-preise-fuer-sprit-und-heizoel/100134891.html
Only a few of the most valuable football clubs qualified for the 2025 FIFA Club World Cup. Al Jazeera's AJ Labs looks at what drives football’s billion-dollar ... Show more
School fundraiser sells ‘$59,000 worth of butter’: Kaitangata Primary School has set a record to literally butter up the community. A truck loaded with nearly 15 ...
odt.co.nz/regions/south-otago/school-fundraiser-sells-%E2809859000-worth-butter%E28099
New laws could mean bad news for Afterpay, Zip users: After 10 long years, buy now pay later services have finally been regulated. But the new rules aren’t as ...
smh.com.au/money/borrowing/new-laws-could-mean-bad-news-for-afterpay-zip-users-20250613-p5m76c.html
Tax rises 'now inevitable' to pay for Reeves's £2trn spending: Economists have predicted that further tax increases will be needed at the next Budget to fund the ...
inews.co.uk/news/politics/tax-rises-inevitable-reevess-2trn-spending-3744178
Building Wealth While Building a Business: 10 Financial Habits That Pay Off Long-Term | Entrepreneur
entrepreneur.com/finance/building-wealth-while-building-a-business-10-financial/492230
Man who punched parents when they refused to give him money gets 6 months’ jail: The man was previously sentenced to reformative training for assaulting his ...
straitstimes.com/singapore/courts-crime/man-who-punched-parents-when-they-refused-to-give-him-money-gets-6-months-jail
Middle East attacks in the live ticker: +++ 08:28 Oil prices rise massively after Israel's attack +++
n-tv.de/politik/08-28-Olpreise-steigen-nach-Israels-Angriff-massiv--article25831358.html
Economists Send Urgent Warning After Dollar Hits 2 Year Low - Invesco DB USD Index Bullish Fund ETF (ARCA
benzinga.com/markets/economic-data/25/06/45906982/dollar-hits-27-month-lows-the-fed-should-cut-next-week-economist-says
OpinionThe chief economist: It's time for the euro as the new global currency: US President Trump is in the process of permanently damaging the image of the US dollar ...
handelsblatt.com/meinung/kolumnen/der-chefoekonom-es-ist-zeit-fuer-den-euro-als-neue-weltwaehrung/100134150.html
Bitcoin: "Nobody will sell Bitcoin anymore!": Bitwise CEO predicts: No bitcoin sales above $130-150k as investors prefer loans.
deraktionaer.de/artikel/krypto/bitcoin-niemand-wird-mehr-bitcoin-verkaufen-20381701.html
How one couple built a profitable rental business and retired early: Feeling burnt out from their medical careers, one couple started buying investment ...
businessinsider.com/how-to-build-profitable-rental-business-retire-early-financial-freedom-2025-6
Zevo’s EV-only car-share fleet is helping Tesla owners make money: Zevo is a new peer-to-peer car-sharing startup, which is broadly similar to Turo ...
techcrunch.com/2025/06/13/zevos-ev-only-car-share-fleet-is-helping-tesla-owners-make-money/
Shudder Just Dropped the Best Japanese Horror Movie in Decades: 'Best Wishes to All' suggests that happiness isn't an endlessly renewable currency ...
rollingstone.com/tv-movies/tv-movie-reviews/best-wishes-to-all-review-shudder-1235353416/
After attack on Iran: oil price shoots up, gold jumps above the 3400 US dollar mark
berliner-zeitung.de/wirtschaft-verantwortung/nach-angriff-auf-iran-oelpreis-schiess-in-die-hoehe-gold-springt-ueber-die-marke-von-3400-us-dollar-li.2333043
Russian cryptocurrency firm founder avoids further US prison time for fraud: A Russian-born founder of a cryptocurrency financial services firm avoided having to ...
reuters.com/world/russian-cryptocurrency-firm-founder-avoids-further-us-prison-time-fraud-2025-06-12/
The 100-year saga of one man’s attempt to pay off the national debt: Gaspard Farrer’s donation quietly grew to £585m before Rachel Reeves became its unlikely ...
telegraph.co.uk/money/consumer-affairs/100-year-saga-attempt-to-pay-off-national-debt/
Poll: 60% of Americans says Trump's military parade is a waste of money: Saturday's event, which takes place on President Trump's birthday ...
salon.com/2025/06/12/poll-60-of-americans-says-military-parade-is-a-waste-of-money/
CNA 16h
‘I told my husband I was done’: The heartbreak for people who write off thousands they lost to failed or absconded contractors, vendors
channelnewsasia.com/today/ground-up/vendors-contractors-renovation-bridal-fail-deliver-restitution-loss-5176971
Can Germany reinvent its economy?: Our podcast on markets, the economy and business. This week, the challenges facing an economic plan that is radical (by German ...
economist.com/podcasts/2025/06/12/can-germany-reinvent-its-economy
Paid articlePaywall Stock market news - Israel attacks Iran: Financial markets hold their breath: Israel's attack on Iran reverberates on the stock markets. Safe investments are ...
wiwo.de/finanzen/boerse/boerse-aktuell-israel-greift-den-iran-an-finanzmaerkte-halten-den-atem-an/100134832.html
Dollar rallies amid safe-haven rush after Israel strikes Iran: The Israeli strikes offered "the oversold and undervalued dollar a catalyst for a rebound ...
cnbc.com/2025/06/13/safe-haven-rush-begins-after-israel-strikes-iran.html
The White House wants to slash the $85 million budget to $0 for the inspector general’s office that focuses on investigating fraud in foreign aid ... Show more
Trump Is Trying To Defund The Agency That Investigates Fraud At USAID
Trump Is Trying To Defund The Agency That Investigates Fraud At USAID
Donald Trump halts Californian electric car targets: California wants no more cars without electric drives to be sold in the state from 2035 ...
wiwo.de/politik/ausland/donald-trump-stoppt-kalifornische-elektroauto-vorgaben/100134821.html
Philanthropies are piloting 0% pay-it-forward student loans: Under 'pay-it-forward' programs, graduates’ repayments lift up those behind them.
latimes.com/california/story/2025-06-13/zero-percent-no-fee-studen-loans
Sassa to provide food, cash vouchers, blankets and essential supplies to EC families affected by floods
timeslive.co.za/news/south-africa/2025-06-13-sassa-to-provide-food-cash-vouchers-blankets-and-essential-supplies-to-ec-families-affected-by-floods/
Bulgaria won’t ‘do a Greece’ when it joins eurozone, central bank chief promises: Dimitar Radev, the governor of the Bulgarian National Bank, says national ...
politico.eu/article/bulgaria-eurozone-dimitar-radev-european-central-bank-digital-euro/
Saarbrücken: Multi-million dollar project starts at the zoo - | this is what's planned
saarbruecker-zeitung.de/saarland/saarbruecken/saarbruecken-millionenprojekt-im-zoo-startet-das-ist-geplant_aid-129234977
thedailystar.net 10h
Men posing as Rab snatch Tk 1.08cr from Nagad distributor in Uttara: Police say the suspects intercepted the victims' motorcycle with a black microbus
thedailystar.net/news/bangladesh/news/men-posing-rab-snatch-tk-108cr-nagad-distributor-uttara-3916681
Lawyer Taweewat Sengkaew, who recently made headlines for claiming ownership of 12 million baht in cash abandoned in a garbage area at his condominium building ... Show more
429 Too Many Requests
429 Too Many Requests
Air India crash: Boeing shares plummet: A Boeing 787 Dreamliner has crashed for the first time. The share price falls and the already tarnished reputation of the ...
saechsische.de/wirtschaft/air-india-absturz-boeing-aktie-bricht-deutlich-ein-OP64HWBQV5ND7PESU4QC57SA6A.html
Re-enter the NFL Draft? How Shemar Stewart could use CBA loophole to create nightmare situation for Bengals
cbssports.com/nfl/news/re-enter-the-nfl-draft-how-shemar-stewart-could-use-cba-loophole-to-create-nightmare-situation-for-bengals/
Why millions in the UK are stashing cash ‘under the mattress’ again: There is more cash than normal in circulation right now according to the Bank of England and ...
walesonline.co.uk/news/uk-news/millions-uk-stashing-cash-under-31839961
CNA Jun 13
Jail for man who conned nearly S$80,000 from victims in fake massage chair investment scheme
channelnewsasia.com/singapore/man-who-conned-nearly-s80000-victims-through-fake-massage-chair-investment-jailed-5179536
OpinionUnloved emerging markets are due a revival: Investors in developing countries have suffered 15 years of famine, with real annual returns of just 1.3% in dollars ...
reuters.com/commentary/breakingviews/global-markets-breakingviews-2025-06-12/
Lucky lottery winner hits million-dollar jackpot - | shortly afterwards he is dead.
derwesten.de/panorama/vermischtes/lotto-spieler-schein-jackpot-millionen-tot-id301628388.html
Democrats slam military parade as Trump's multimillion-dollar 'birthday party': The Army has allocated between $25 million and $45 million for the parade.
abcnews.go.com/Politics/lawmakers-slam-military-parade-trumps-multimillion-dollar-birthday/story
How to invest your enormous inheritance: Do not make the mistakes of the first Gilded Age
economist.com/finance-and-economics/2025/06/12/how-to-invest-your-enormous-inheritance
Paid articlePaywall
Du Val property group heads to court to fight decision to put it into receivership
rnz.co.nz/news/national/564072/du-val-property-group-heads-to-court-to-fight-decision-to-put-it-into-receivership
Launching an ETF: How funds can succeed, assets required, total costs: A string of widely followed strategists, economists, and investors have launched ...
businessinsider.com/how-much-money-does-new-etf-need-to-succeed-aum-2025-6
Manila Bulletin 19h
WATCH: Vice President Sara Duterte said she will not stop her critics from speaking out, even as she rejected fresh allegations that she and her father ... Show more
Coral Gables, Florida, known for its multi-million dollar homes, isn’t where you’d expect groups of undocumented migrants to be arriving ... Show more
Regulators are urged to launch official probe after further surge in food prices: A call has been made for state bodies to carry out a major investigation into ...
independent.ie/business/money/regulators-are-urged-to-launch-official-probe-after-further-surge-in-food-prices/a92045635.html
Israel has attacked Iranian nuclear facilities. According to Iranian state media, high-ranking officials were killed, including the head of the Revolutionary ... Show more
Oil price rises: Markets react to escalation in the Middle East
Oil price rises: Markets react to escalation in the Middle East
Impending oil price shock: ADAC recommends drivers to stop for gas soon: The price of oil has risen sharply due to the escalation in the Middle East ...
spiegel.de/wirtschaft/service/oelpreis-adac-empfiehlt-autofahrern-zeitnahen-tankstopp-a-1396ce5e-faa5-4368-87a7-9efab2849b3c
For once, London is short-changed by the government: Cash for everywhere outside the M25
economist.com/britain/2025/06/12/for-once-london-is-short-changed-by-the-government
Paid articlePaywallDonald Trump is cashing in on crypto. Over the last nine months, beginning slightly before the election, he has stirred up new ventures, new coins, new noise ... Show more
Here’s How Trump Made An Estimated $1 Billion On Crypto
Here’s How Trump Made An Estimated $1 Billion On Crypto
Why do Man Utd keep signing such coveted players? Easy. They’re massive: United's ability to attract sought-after talents is not unduly affected by their ...
nytimes.com/athletic/6421575/2025/06/13/manchester-united-transfers-massive/
Money blog: Oil prices soar to highest level in two months - and drivers could feel effect in days
news.sky.com/story/money-oil-price-personal-finance-consumer-live-latest-sky-news-newsletter-13040934
Trump's pardons have shortchanged fraud victims of millions of dollars in restitution, lawyers say
abcnews.go.com/US/trumps-pardons-shortchanged-fraud-victims-millions-dollars-restitution/story
Several women have accused leading Israeli rabbi Haim Yosef Abergel of sexually assaulting them when they sought his help for personal and marital counselling ... Show more
Black-Owned VC Firm Collab Capital Raises $75M To Fund The Future: Co-founders Jewel Burks Solomon and Barry Givens are backing early-stage startups focused on ...
essence.com/news/money-career/black-owned-collab-capital-raises-75-million/
Looking and tasting just like the real thing, imitation crab is made with advanced Japanese technology.🎥 ⬇️Tactile Paving / Crab Stick Machines - Japan's Top Inventions | NHK WORLD-JAPAN Japan's Top Inventions
Tactile Paving / ... Show more
Kiwi businesses reporting large losses to online scammers: There has been a 14.7% quarterly increase in financial loss reported by New Zealanders ...
1news.co.nz/2025/06/13/kiwi-businesses-reporting-large-losses-to-online-scammers/
Torquay's Daddyhole Road signs taken by 'souvenir hunters': Councillors say souvenir hunters "seem to be quite fascinated" by the street name.
bbc.com/news/articles/c0r1l82g4q1o
