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Cryptocurrency exchange Coinbase Global is set to go public Wednesday at a valuation north of $90 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies. Coinbase said that it was setting a reference price for its stock of $250 a share. The company is listing shares
Continue ReadingThe mother’s mind raced as she watched her sons from the Mexican side of the Rio Grande. The two boys were crying and holding hands as they crossed the border alone. After all they’d been through together, it was shocking to see the boys — aged 12 and 16 — slip out of sight so
Continue ReadingEditor’s note: This story was originally published on May 16, 2013 and has been updated with Madoff’s death. Bernard Madoff once had billions of dollars, but in the last years of his life, he made $40 a month doing menial prison labor. The mastermind behind the largest Ponzi scheme in US history died at 82
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I’m a Black man who has never personally had a nasty run-in with the police. I should have no trouble with them. But I fear them, and I know they fear me. Caron Nazario, an Army officer, was pepper-sprayed in the face during a traffic stop in Virginia; Daunte Wright was shot by a cop
Continue ReadingDerek Chauvin’s defense team is expected to call two more expert witnesses on their second day of testimony in an attempt to raise doubt in the prosecution’s case and further highlight George Floyd’s drug use. On Tuesday, the defense’s first day to call witnesses, their own use-of-force expert said the former Minneapolis Police officer was
Continue ReadingCoinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market. The timing isn’t coincidental: Bitcoin has doubled in value this year, surging to a record high above $62,000, as cryptocurrencies have become more widely embraced by mainstream investors. For those adverse to the volatility and risk
Continue ReadingHundreds of prominent executives from high-profile companies, including Amazon, Google, BlackRock and Starbucks, signed a statement that opposes discriminatory legislation that makes voting harder. The statement, printed Wednesday in an advertisement in the New York Times, was organized by Ken Chenault and Ken Frazier, two of America’s most prominent Black corporate leaders. The statement called
Continue ReadingClick here for updates on this story PORTLAND, Oregon (KPTV) — The alarming cycle of frequent shootings and homicides in the Portland-metro area is leading to a new collaboration between local police and the Federal Bureau of Investigations (FBI). Multnomah County District Attorney Mike Schmidt announced Tuesday a multi-agency task force designed to focus on
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Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market. The timing isn’t coincidental: Bitcoin has doubled in value this year, surging to a record high above $62,000, as cryptocurrencies have become more widely embraced by mainstream investors. For those adverse to the volatility and risk
Continue ReadingClick here for updates on this story PORTLAND, Oregon (KPTV) — For the second night in a row, a riot was declared after police said people set fire to the police association building in north Portland Tuesday night. Just before 10 p.m., the Portland Police Bureau tweeted that a group of about 100 people were
Continue ReadingThe BBC’s diversity chief has said its hit detective series “Luther” is not “authentic” enough. The show’s protagonist, John Luther, played by Idris Elba, “doesn’t have any Black friends, he doesn’t eat any Caribbean food, this doesn’t feel authentic,” said Miranda Wayland. “It’s great having those big landmark shows with those key characters, but it’s
Continue ReadingClick here for updates on this story RAYTOWN, Missouri (KCTV/KSMO) — Four kittens had to be rescued early Wednesday morning from a Raytown house fire that is being investigated as a crime, according to fire crews on the scene. Firefighters responded around 6 a.m. to a working house fire on Spring Valley Road near East
Continue ReadingIt’s an image President Joe Biden kept returning to: the sight of helicopters evacuating Americans from Saigon during the last major battle of the Vietnam War. In the United States, the image has come to reflect the humiliating end to a prolonged and unpopular foreign conflict. The prospect of overseeing a similar fate in Kabul
Continue ReadingClick here for updates on this story MIDTOWN MOBILE, Alabama (WALA) — Heartbreak in Midtown Mobile after a beloved teacher was killed in an overnight house fire. She is being identified as 67-year-old Lillis Lewis, a teacher at St. Mary Catholic School. “She was just an amazing person,” said St. Mary Catholic School Principal Debbie
Continue ReadingWisconsin Treasurer Sarah Godlewski launched her campaign for Senate on Wednesday, jumping into what’s expected to be a contentious Democratic primary as Republicans eagerly await word on whether Sen. Ron Johnson will seek a third term. As Johnson faces pressure from party leaders and former President Donald Trump to run again, his new Democratic foe
Continue Reading“Insecure” star Jo-Issa Rae Diop, better known as Issa Rae, is a big believer in amplifying creative voices and paying her blessings forward. Less than a month after signing an eight-figure production deal with HBO’s parent company WarnerMedia, the 36-year-old actress and producer is partnering with PepsiCo’s bottled water brand LIFEWTR on its new “Life
Continue ReadingOne of France’s biggest export industries is facing a devastating blow after an unusually severe frost earlier this month damaged vineyards across the country, heaping pain on winemakers already reeling from the pandemic and US tariffs. The frost has affected 80% of vineyards in France’s primary wine growing areas, according to the European Committee of
Continue ReadingAfter apologizing in February for a racial slur controversy, Morgan Wallen isn’t planning on riding the success of his recent album. The country star posted a four-page, handwritten note to his verified Instagram account Tuesday saying he’s used the time out of the limelight to work on himself and will not be playing any concerts
Continue ReadingPresident Joe Biden will address lawmakers in a joint session of Congress later this month, delivering his first remarks to both chambers nearly 100 days after taking office. Biden was formally invited on Tuesday to speak to Congress on April 28 by House Speaker Nancy Pelosi, who wrote in a letter to the President that
Continue ReadingHundreds gathered for a third night of protests to express anger over the police killing of a Black man in a Minneapolis suburb as prosecutors could decide as soon as Wednesday whether to charge the officer authorities say shot him. The Washington County prosecutor is weighing charges for former Brooklyn Center police Officer Kim Potter
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