The prospect of higher-for-longer interest rates is weighing on crypto, underlined by deepening <-rte-company state="{"_id":"0000018f-35e8-d4b6-a98f-f5fd48d30000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Bitcoinlosses after the token’s worst monthly drop since the collapse of Sam Bankman-Fried’s FTX empire in November 2022.

Bitcoin miner Riot Platforms Inc. is “in a really good position” to benefit from the increasingly volatile energy market in Texas as the state faces another <-bsp-bb-link state="{"bbDocId":"SC5MURDWRGG0","_id":"0000018f-3584-d4b6-a98f-f5b5e6640000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">potential surge in power demand this summer, its chief executive officer said.

Signs of stress are flashing across spot-Bitcoin exchange-traded funds after the cryptocurrency sank to a <-bsp-bb-link state="{"bbDocId":"SCSWRMT0G1KW","_id":"0000018f-3555-d4b6-a98f-f575cd880000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">two-month low.

Prospects are dimming for fast-track congressional consideration of legislation to open banking services to marijuana businesses, regulate stablecoins and promote more competition on credit-card swipe fees.

<-bsp-bb-link state="{"bbHref":"bbg://securities/2213302D%20VI%20Equity","_id":"0000018f-34a7-d4b6-a98f-f5b720570000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted record net profit of $4.52 billion in the first quarter, largely driven by interest earned from its holdings of US Treasuries and appreciation in Bitcoin and gold.

Autodesk Inc. shares are down 1.6% in premarket trading, after Berenberg downgraded the software company to hold from buy.

Amazon.com Inc. Chief Executive Officer <-bsp-person state="{"_id":"0000018f-3619-d4b6-a98f-f73d45040001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andy Jassy made comments to the media that violated federal labor law, a US National Labor Relations Board judge ruled Wednesday.

UnitedHealth Group Inc. Chief Executive Officer <-bsp-person state="{"_id":"0000018f-360c-d4b6-a98f-f73de66e0004","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andrew Witty told lawmakers his company is still trying to determine why its computer systems were left vulnerable to hackers who perpetrated a devastating cyberattack.

New York police officers arrested almost 300 people as they broke up escalating pro-Palestinian protests at two colleges amid an outpouring of anger over the Israel-Hamas war.

<-bsp-person state="{"_id":"0000018f-3595-d4b6-a98f-f5b5ecfe0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Laxman Narasimhan’s honeymoon phase is over.

New York City Comptroller <-bsp-person state="{"_id":"0000018f-356c-d4b6-a98f-f57daf560000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Brad Lander is pressing BlackRock Inc. shareholders to vote against the election of Saudi Aramco Chief Executive Officer <-bsp-person state="{"_id":"0000018f-356c-d4b6-a98f-f57daf570000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Amin Nasser as an independent member of the company’s board.

Elon Musk has upended a deal the White House saluted early last year to open Tesla Inc.’s electric-vehicle chargers to other automakers, dealing a blow to President Joe Biden’s EV agenda.

Sullivan & Cromwell is starting a national security practice as the US increasingly emphasizes corporate enforcement that overlaps with security interests.

A proposed federal cybersecurity reporting rule could lead to burdensome requirements and over-reporting of hacks , private-sector representatives warned members of the House Homeland Subcommittee on Cybersecurity and Infrastructure Protection on Wednesday.

UnitedHealth Group Inc. Chief Executive Officer <-bsp-person state="{"_id":"0000018f-360c-d4b6-a98f-f73de66e0004","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andrew Witty told lawmakers his company is still trying to determine why its computer systems were left vulnerable to hackers who perpetrated a devastating cyberattack.

<-bsp-bb-link state="{"bbHref":"bbg://securities/DBX%20US%20Equity/FA","_id":"0000018f-3606-d4b6-a98f-f737895e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Dropbox Inc. said its digital-signature product, Dropbox Sign, was breached by hackers, who accessed user information including emails, user names and phone numbers.

Supply Network Inc. must face a lawsuit alleging it collected the fingerprints and hand geometry of its employees in violation of the Illinois Biometric Information Privacy Act, a federal court said Wednesday.

Forest-management company Green Diamond Resource Co. is facing allegations it violated Washington’s Consumer Protection Act by failing to protect the personal information of more than 27,000 consumers from a data breach.

About $17.3 million in attorneys’ fees awarded in a class action suit over oil and gas royalty payments were vacated because notification procedures weren’t properly followed, the Tenth Circuit said Wednesday.

Columbia Law School in New York is offering an optional pass/fail grading scale as the university struggles to deal with Pro-Palestine student-run encampments on its campus.

Sullivan & Cromwell is starting a national security practice as the US increasingly emphasizes corporate enforcement that overlaps with security interests.

The Arizona Senate voted 16-14 to repeal an 1864 law that would make nearly all abortions a crime, preserving access to the procedure after the state’s Supreme court revived the Civil War-era law in early April.

A landmark youth climate lawsuit was dealt a blow on Wednesday with the Ninth Circuit granting a government request to have the case tossed.

A group of investment firms are a step closer to getting a potential $600 million return on a $5.6 million funding deal in a lawsuit tied to the bankruptcy of Sanchez Energy Corp.