Tesla will no longer accept the cryptocurrency bitcoin as payment, the company’s CEO Elon Musk announced on Wednesday. Musk said the abrupt move came because of worries over how much energy bitcoin mining, or production, consumes. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has…
NTD Business Full Broadcast (May 7)
The American jobs recovery slowing as the labor department reports only about 260,000 jobs were added in April. Peloton shares are up again. They tumbled after the company announced the recall of its treadmills over safety issues. Why is the company remaining strong? One of the world’s biggest investment banks is getting involved with the…
NTD Business Full Broadcast (May 5)
General Motors releases first-quarter profits — shattering estimates, despite the global chip shortage that impacted most major carmakers. A major US manufacturer has to pay a multi-million dollar settlement, for exporting technology to China. What did it send? Hackers make off with $30 million in cryptocurrency. NTD takes a look at how it happened and…
NTD Business Full Broadcast (May 4)
Pfizer announces its first quarter results. We take a look at what impact its COVID vaccine had on profits. Crypto gets more votes of confidence. A major index provider has launched new benchmarks tracking bitcoin and other cryptos. Also soon people can buy physical artwork with bitcoin. NTD takes a look at the hottest entry-level…
NTD Business Full Broadcast (April 23)
American Express reports latest earning results, revenue fell last quarter but its net income rose, what helped? Crypto chaos ensues. Bitcoin drops to its lowest level since last month. And it’s not alone. The CEO of an exchange in Turkey flees the country and might have taken billions of dollars with him.
Dollar Slumps to 6-Week Low, Bitcoin Steadies After Weekend Drop
LONDON—The dollar slumped to a six-week low against major peers on Monday, with Treasury yields near their lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The dollar was also held down by improved risk sentiment amid a rally in global stocks…
Bitcoin Ban Practically Impossible and Governments Would Be ‘Foolish’ to Try: SEC Commissioner
Securities and Exchange Commission (SEC) commissioner Hester Peirce, who has earned the moniker “Crypto Mom” for her friendly stance on cryptocurrencies, told a MarketWatch virtual conference that any efforts to ban cryptocurrencies such as Bitcoin would essentially be doomed to failure and any government that tried would be “foolish.” Investment managers have warned that a…
NTD Business Full Broadcast (April 13)
Labor Department numbers show prices are rising faster than expected. We have details on the March CPI. A New York real estate developer is preparing to launch a crypto currency backed by gold. We ask one of the world’s top currency experts if it’ll work. As the crypto market hits another record high, one Bitcoin…
Caruso Properties’ Tenants Can Now Pay Rent With Bitcoin
April 12, 2021
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bitcoinCaruso PropertiescryptocurrencyLos Angelesreal estateRegional-Local NewsSouthern CaliforniaUSUS News
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Los Angeles-based Caruso Properties is now allowing its tenants to pay rent with Bitcoin cryptocurrency. It’s the first to adopt the technology in the real estate industry, accepting Bitcoin for both residential and retail rents. Caruso Properties, one of the largest real estate and hospitality companies in the United States, has partnered with Gemini, a cryptocurrency exchange and custodian headquartered…
NTD Business Full Broadcast (April 8)
As the U.S. goes full-speed ahead with money printing, China wants its banks to cut back on lending. Will people start investing in China instead? With rates so low, it has almost never been cheaper to borrow money. NTD speaks to a businessman whose unique business strategy has helped many entrepreneurs, and he says it…
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