Business

American regulators to investigate Genesis and other crypto firms

Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25. Joseph Borg, director of the Alabama Securities Commission, confirmed that its state and several other states are participating in inquiries regarding Genesis’ alleged ties to retail investors, including if …

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Netflix nights still come wrapped in red-and-white envelopes

SANTA CRUZ, Calif. (AP) — Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady — albeit shrinking — audience of diehards like Amanda Konkle who are happily paying to receive those discs in the iconic red-and-white envelopes. “When you open your …

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Black Friday sees low turnover in lines at retail stores

Check out what’s clicking on FoxBusiness.com Parking lots at many retail stores were empty Thursday evening for Black Friday, and nobody was standing in lines awaiting the deals. This comes in contrast to previous years in which shoppers would stand in line for hours on the afternoon of Thanksgiving in the hopes of securing Black …

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Mercedes-Benz To Limit Car Acceleration Until You Pay $1,200 Annual Subscription

Mercedes-Benz has locked the full performance of some electric vehicles behind a paywall that costs $1,200 a year. The company claims that the “Acceleration Increase” will “unleash enhanced performance” of its Mercedes-EQ EQE and Mercedes-EQ EQS vehicles, but it has also been criticized by many. The cars in question go for between £74,350 and £161,860 …

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Nasdaq ends down as investors eye Black Friday sales, China infections

Retailers in focus as Black Friday sales start Activision down on likely FTC lawsuit to block Microsoft deal Apple slips, Foxconn China plant sees lower shipments Indexes: Dow up 0.45%, S&P 500 down 0.03%, Nasdaq down 0.52% Nov 25 (Reuters) – The Nasdaq closed lower on Friday with pressure from Apple Inc (AAPL.O) in a …

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Elon Musk says Twitter will re-launch its check mark verification program : NPR

Elon Musk says the company is ready to re-launch a verification program designed to ease the app’s financial reliance on advertisers, but has yet to provide details. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images Elon Musk says the company is ready to re-launch a verification program designed to ease the app’s financial …

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FCC bans US sales of Huawei and ZTE equipment over national security concerns

The Federal Communications Commission on Friday announced it adopted new rules banning US sales and imports of new Huawei and ZTE telecommunications devices out of national security concerns. Why it matters: The ban is the latest escalation in US policy toward Chinese telecom equipment makers, which began during the Obama administration and accelerated during the …

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Aurora police shut down entrances after Chicago Premium Outlet Mall reaches capacity on Black Friday

AURORA, Ill. – Aurora police have shut down all entrances to the Chicago Premium Outlet Mall after the building reached capacity Friday afternoon. The mall was swarmed with shoppers looking for deals on Black Friday. At 12:55 p.m., Aurora Police tweeted that entrances to the mall were still open, however they warned shoppers that there …

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