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July 5, 2022

FIRMS

Germany to overhaul law to bail out energy firms stricken by Russia woes – draft

Reuters
The logo of German energy utility company Uniper SE is pictured in the company’s headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen Register now for FREE unlimited access to Reuters.com Register Government could present proposals to parliament this week Government may acquire stake in Uniper: sources Possible Uniper bailout......

Bitcoin falls below $19,000 again as pressure mounts on crypto firms

CNBC
CNBC – For more and to sign up click here Bitcoin price remained under pressure in June as a number of factors including rising rates and a liquidity crisis in the crypto industry weighed on the world’s biggest cryptocurrency. Westend61 | Westend61 | Getty Images Bitcoin on Thursday briefly fell......

Hungary decree allows government to supervise energy firms if needed

Reuters
Gas pipelines are seen at Zsana Storage Site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register BUDAPEST, June 29 (Reuters) – Hungary has passed a decree empowering the government to take over the supervision of vital energy firms and the gas......

U.S. accuses five firms in China of supporting Russia’s military

Reuters
Smoke rises over the remains of a building destroyed by a military strike, as Russia’s attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 28 (Reuters) – The Biden administration said on Tuesday......

Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition

CNBC
CNBC – For more and to sign up click here (Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors......

Johnny Depp’s Attorney Camille Vasquez Fielding Offers From Law Firms, Hollywood

Johnny Depp‘s attorney Camille Vasquez is plotting her next move after winning his case against Amber Heard … and she’s in high demand in both the legal world and Hollywood. Sources with direct knowledge tell TMZ … Camille’s considering a wide range of career options in the wake of the......

Bitcoin billionaire Sam Bankman-Fried bails out embattled crypto firms BlockFi and Voyager

CNBC
CNBC – For more and to sign up click here With no central bank willing to come to the rescue, beleaguered crypto companies are turning to their peers for help. Billionaire crypto exchange boss Sam Bankman-Fried has signed deals to bail out two firms in as many weeks: BlockFi, a......

Four-day week? These firms say they’ve nailed the new working model and profits are good

CNBC
CNBC – For more and to sign up click here When Alice Will and her team at Edinburgh-based food and drink marketing agency Lux decided to trial a four-day working week back in January 2020, they chose not to tell clients as a way of testing its effectiveness. “If our......

Analysis: U.S. crypto-lending firms likely to see greater regulation after Celsius troubles

Reuters
WASHINGTON, June 16 (Reuters) – Liquidity troubles at crypto lending platform Celsius Network, which have left its 1.7 million customers unable to redeem their assets, will increase U.S. regulatory pressure on the sector, which was already on the defensive amid other crises this year. The industry has been battling scrutiny......

‘The Music Has Stopped’: Crypto Firms Quake as Prices Fall

New York Times
SAN FRANCISCO — No one wanted to miss out on the cryptocurrency mania. Over the last two years, as the prices of Bitcoin and other virtual currencies surged, crypto start-ups proliferated. Companies that market digital coins to investors flooded the airwaves with TV commercials, newfangled lending operations offered sky-high interest......

Real estate firms Compass and Redfin announce layoffs as housing market slows

CNBC
CNBC – For more and to sign up click here A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop.......

Norway oil firms, workers agree wage deal in principle, avert strike for now

Reuters
The West Hercules drilling rig leaves Skipavika, Norway April 1, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that......

SPECTRAFORCE® Recognized in SIA’s Annual Diversity-Owned Staffing Firms List!

@BreaknNews
   SIA 2022 Diversity-Owned Staffing Firm RALEIGH, N.C. – June 11, 2022 – — SPECTRAFORCE® is proud to announce that on June 7, 2022, it was listed on the Staffing Industry Analysts’ (SIA’s) 2022 Diversity Owned Staffing Firms – US and Canada list. SIA is the global advisor on staffing......

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