RICHMOND — The parking lot of the near-vacant Hilltop Mall won’t be turned into a site where people without homes can live in their cars and RVs, the City Council decided Tuesday. In response to intense opposition from the shopping center’s neighbors, the council backed off its decision on Feb….
Coinbase Global, the largest U.S. cryptocurrency brokerage, publicly filed its S-1 form for a direct-listing initial public offering Thursday. It had confidentially submitted an S-1 with the Securities and Exchange Commission in December. As it’s a direct listing, the company won’t raise any additional capital. That would indicate it doesn’t…
Consulting standard-bearer McKinsey & Co. will pay $573 million to resolve state investigations and allegations related to its role “in helping ‘turbocharge’ opioid sales, a rare instance of it being held publicly accountable for its work with clients.” A rather recent “trove of documents” from several lawsuits showed how McKinsey…
Corporations are starting to buy digital assets like Bitcoin to bolster their treasuries, but the volatility in prices could put a dent in their balance sheet. A new report from Deloitte examines the trend of companies allocating their funds toward buying virtual currency and other digital assets last year. The…
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums, bitcointalk.org, Twitter, and other…
Only 10 percent of the United States Postal Service’s new fleet of mail trucks will be battery-powered despite President Biden’s desire to convert the entire government fleet, USPS head Louis DeJoy revealed in Congressional testimony on Wednesday. The other 90 percent will be gas-powered, though the trucks — which are…
Netflix’s next big-budget action movie is almost here: Army of the Dead from director Zack Snyder sees a squad of mercenaries battling their way into Las Vegas to pull off a massive heist. The catch is it’s set after a zombie apocalypse has ravaged the city, so instead of the…
Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities,…
Six Flags lost nearly 4 million members and season passholders in 2020, but the regional amusement park chain isn’t worried about its most loyal fans returning once the coronavirus pandemic wanes. Six Flags lost 3 million season passholders and 900,000 members in 2020, according to the company’s annual report. Season…
LONDON — Health officials in Britain say the country’s COVID-19 alert level should move down from the highest level because hospitalizations have decreased. The U.K.’s four chief medical officers say although health services remain under significant pressure, the national alert level can move from five to four because the numbers…
