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Check out some of the companies making the biggest moves midday: Trucking companies — Freight stocks sold off in reaction to Amazon saying it will open its less-than-truckload shipping services to companies outside its own network, posing a threat to industry incumbents. FedEx Freight Holding and Old Dominion Freight Line both slumped 5%; XPO dropped…
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Welcome to our institutional newsletter, Crypto Long & Short. This week: To win over big investors, DeFi builders must act like accountable money managers, not just software developers, writes Ben Nadareski. Bitcoin holders can survive crashes and protect their assets by earning income through reinsurance, says Stephen Stonberg. Top headlines institutions should pay attention to…
The government on Wednesday summoned US diplomat after a vessel with several Indian onboard was attacked. Additional secretary (Americas) in the ministry of external affairs Nagaraj Naidu summoned Jason Meeks, Chargé d’Affaires of the United States to protest the attack on the ship. The move comes as India condemned the attack on the commercial vessel…
