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The SEC has approved eight spot Ether ETFs in a landmark decision

Quartz

qz.com › the-sec-has-approved-eight-spot-ether-etfs-1851498074

The United States Securities and Exchange Commission has approved eight spot Ether exchange-traded funds (ETFs) in the country. In a landmark decision on Thursday evening, the financial watchdog approved 19b-4 forms for the ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin…

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U.S. Democrats are investigating Trump's campaign promises to the oil industry

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qz.com › donald-trump-president-joe-biden-oil-lobby-democrats-1851497097

Senate Democrats on Thursday announced an investigation into former President Donald Trump’s offer to oil and gas executives to revoke the Biden administration’s pro-environmental policies if they backed his campaign.

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The problem with using miles per gallon to measure fuel economy

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qz.com › miles-per-gallon-fuel-economy-1851497463

For regular people, fuel economy is one of the most important factors when it comes to deciding what new car to buy, right up there with price, reliability and whether or not Apple CarPlay is available. And it makes sense. If one car gets 20 mpg and the other gets 25 mpg, fueling the latter is going to cost less in…

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Shipping companies are wasting fuel. Here's an idea to change that

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qz.com › shipping-companie-fuel-waste-climate-change-speed-1851497482

Researchers at the Blue Visby Consortium developed a simple solution that will significantly cut the carbon emissions produced by international maritime shipping with expensive refits of already operating ships. The solution: sail slower. Last week, the research group released results from a two-month, two-ship trial…

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Chevy wants in on EVs — just as everyone else wants out

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qz.com › chevrolet-chevy-evs-electric-cars-1851497501

Chevrolet is decidedly very late to the electric vehicle game. Cars that should have been out a while ago, like the Silverado EV and Equinox EV are just starting to show up at dealerships now, and its rollout of the Blazer EV has been anything but smooth. It means Chevy is well behind other automakers like Ford, Hyunda…

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OpenAI used stock to silence dissent. Here's how

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qz.com › openai-sam-altman-chatgpt-employee-equity-stock-nda-1851497513

Last week, Sam Altman apologized for OpenAI’s contracts which threatened to claw back equity from former employees, claiming in a tweet he “did not know this was happening and I should have.” Now, documents leaked to Vox on Wednesday suggest Altman did know, showing that the CEO and other senior OpenAI executives…

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Nvidia has boosted the Nasdaq to a record high, but the Dow drops more than 600 points

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qz.com › nvidia-boosts-nasdaq-to-record-high-but-the-dow-loses-1851497087

A better-than-expected earnings report from Nvidia led the Nasdaq to a new high today, but the stock market struggled overall, with Dow Jones falling over 600 points. Meanwhile, Federal Reserve officials expressed increased concern about inflation at their latest meeting, with members indicating a lack of confidence…

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Oreo maker Mondelēz fined $366 million for curtailing cross-border chocolate trade

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qz.com › oreo-maker-mondelez-eu-regulators-366-millon-eu-fine-1851496816

Oreo maker Mondelēz International will have to pay $366 million to the European Union (EU) for limiting cross-border sales, the EU said in a statement on Thursday.

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Norfolk Southern has agreed to a $310 million settlement over the East Palestine derailment

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qz.com › norfolk-southern-east-palestine-ohio-derailment-settle-1851496577

More than a year after a Norfolk Southern train derailed and spilled a cocktail of hazardous chemicals in East Palestine, Ohio, the company has agreed to a settlement with the U.S. Department of Justice (DOJ).

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Ether ETFs approval could drive up the price of Ether by 60%, according to a crypto firm

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qz.com › ether-may-cross-the-6-000-mark-if-ether-etfs-get-the-a-1851496517

Crypto asset trading firm QCP Capital has predicted a potential 60% increase in the price of Ether, projecting that it could surge around $6,000 if the Securities and Exchange Commission (SEC) approves spot ethereum exchange-traded funds (ETFs). The crypto market is volatile right now, and all eyes are on the…

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