Finance

Markets, economy, and industry.

  1. Industry

    Former Goliath Ventures CEO Christopher Delgado Pleads Guilty in Crypto Fraud Case

    Ex-Goliath Ventures CEO Christopher Delgado pleaded guilty to conspiracy, wire fraud and money laundering in a crypto scheme tied to hundreds of millions of dollars.

    · #cryptocurrency #fraud #finance #goliathventures

  2. Industry

    DISH DBS and DISH Wireless file prepackaged Chapter 11 after AT&T spectrum-sale delay

    DISH DBS and DISH Wireless filed prepackaged Chapter 11 on June 30 after an AT&T spectrum-sale delay left them unable to meet a $2.0bn July 1 debt.

    · #dish #echostar #bankruptcy #spectrum #att

  3. Industry

    U.K. FCA Publishes Final Crypto Rulebook, Sets Mandatory Authorization by Oct. 25, 2027

    The U.K. FCA finalizes a comprehensive crypto rulebook and timetable, requiring authorization by Oct. 25, 2027, with rules for platforms, custodians and stablecoins.

    · #crypto #regulation #uk #stablecoins

  4. Financial Markets

    Bank of England and FCA set out handoff for oversight of systemic UK stablecoins

    Bank of England and FCA explain how oversight of UK stablecoin issuers would shift if one is deemed systemic, clarifying who regulates issuers as they scale.

    · #stablecoin #uk #regulation #bankofengland #fca

  5. Industry

    Rocket Lab to Buy Iridium for About $8 Billion, Adding Global Satellite Network

    Rocket Lab will buy Iridium for about $8 billion in cash and stock, gaining a global LEO communications network, licensed spectrum and 2.55M subscribers.

    · $RKLB $IRDM #rocketlab #iridium #mergers #satellites #space

  6. Industry

    Honeywell completes aerospace spin-off; Honeywell Aerospace begins trading as HONA

    Honeywell completed its breakup, spinning off Honeywell Aerospace (ticker HONA) while the remaining company, Honeywell Technologies, continues trading as HON.

    · $HON $HONA #honeywell #spin-off #aerospace #automation #stocks

  7. Industry

    BT Group and Verizon to form 50:50 joint venture for international enterprise services

    BT Group and Verizon will combine international enterprise operations into a 50:50 joint venture serving 3,000+ customers in 180+ countries; deal expected in 2027.

    · $VZ $BT.A #btgroup #verizon #jointventure #networking

  8. Economy

    ECB's Schnabel warns persistent oil and gas shock raises odds of further euro-area rate hikes

    At the Petersberger Sommerdialog, ECB's Isabel Schnabel warned prolonged oil and gas pressures raise euro-area inflation risks and bolster the case for more rate hikes.

    · #ecb #inflation #eurozone #energy

  9. Industry

    Lockheed Martin Says U.S. Award Could Provide Up to $35 Billion to Accelerate THAAD Production

    Lockheed Martin says a seven-year U.S. award could fund up to $35 billion to ramp THAAD interceptor production — but it’s an undefinitized contract.

    · $LMT #lockheed #defense #missiles #procurement #thaad

  10. Industry

    DOE Issues Conditional $17.5 Billion Loan Commitment to Support Up to 10 Westinghouse AP1000 Reactors

    DOE has offered a conditional commitment of up to $17.5B to finance long‑lead equipment purchases for as many as 10 Westinghouse AP1000 reactors, aiming to speed builds.

    · #nuclear #energy #doe #westinghouse

  11. Industry

    U.S. Reaches Consent Decree With Chemours Requiring Over $450 Million for PFAS Cleanup

    DOJ, EPA and West Virginia settled with Chemours in a federal consent decree requiring more than $450M in penalties, controls and drinking-water measures for PFAS releases.

    · $CC #pfas #chemours #doj #environment

  12. Industry

    Kadokawa CEO Survives Shareholder Vote as Activist Oasis Becomes Largest Shareholder

    Kadokawa CEO Takeshi Natsuno survived a shareholder vote, but activist Oasis raised its stake to become the largest shareholder and will keep pressing over FromSoftware profits.

    · $9468.T #kadokawa #fromsoftware #eldenring #shareholderactivism #japan

  13. Industry

    Iceland to Join ECB’s Instant-Payments Platform, Bringing the króna to TIPS in 2028

    The ECB and Iceland’s central bank agreed to add the króna to the Eurosystem’s instant-payments platform TIPS from 2028, extending multicurrency settlement.

    · #payments #ecb #iceland #instantpayments

  14. Financial Markets

    UK launches first real-time consolidated tape for bonds

    The UK launched its first real-time consolidated tape for bonds on June 22, aggregating post-trade prices across venues to boost market transparency.

    · #uk #bonds #consolidated-tape #fca

  15. Financial Markets

    CFTC Consent Order Permanently Bans Celsius Founder Alex Mashinsky From Trading, Closes Civil Case

    A federal court entered a CFTC consent order barring Celsius founder Alex Mashinsky from trading and anti-fraud violations, ending the agency’s civil case.

    · #celsius #mashinsky #cftc #crypto

  16. Economy

    Fed Holds Rates at 3.5–3.75% in Unanimous Vote at Kevin Warsh’s First Meeting

    The Federal Reserve left its policy rate at 3.5–3.75% in a 12-0 vote at Kevin Warsh’s first meeting, citing persistent inflation and energy-related supply shocks.

    · #fed #interestrates #inflation #monetarypolicy

  17. Economy

    Illinois Lawmakers Approve 0.2% Digital-Asset Tax in FY2027 Budget

    Illinois lawmakers approved a 0.2% tax on certain digital-asset activity in the FY2027 budget; brokers would collect, register and remit if signed into law.

    · #crypto #taxation #illinois #blockchain

  18. Economy

    Bank of Japan Raises Main Short-Term Policy Rate to 1.0%, Signals More Hikes

    The BOJ raised its uncollateralized overnight call rate to around 1.0% in a 7-1 vote and said it may continue raising rates as inflation nears 2%.

    · #japan #boj #interest-rates #central-bank

  19. Industry

    iRhythm Says Data Exfiltrated From Third‑Party Business Apps; Devices, Patient Care Unaffected

    iRhythm reported that data was exfiltrated from third‑party business applications; its devices and clinical systems were not affected, and the investigation is ongoing.

    · $IRTC #irhythm #cybersecurity #data-breach #healthcare