TUM team finds Bitcoin accounts for 2/3 of total energy consumption of cryptocurrencies

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TUM team finds Bitcoin accounts for 2/3 of total energy consumption of cryptocurrencies

Researchers from the Technical University of Munich (TUM) have analyzed 20 cryptocurrencies—accounting for more than 98% of the total market
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Virgin Atlantic files for bankruptcy due to COVID-19

Virgin Atlantic Airways has filed for bankruptcy protection for its United States business, as it tries to nail down a £1.2 billion ($1.6 billion) rescue plan announced last month. It’s the second of Richard Branson’s airlines to do so during the COVID-19 pandemic, …
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Market Never Really Embraced Hackett's Vision For Ford (Radio)

Kevin Tynan, Senior Auto Analyst for Bloomberg Intelligence, for Bloomberg Intelligence, on Ford CEO Jim Hackett retiring, and Ford COO Jim Farley
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Small businesses beg Congress for PPP renewal before 'wave of permanent closures'

Small business owners are pleading with Congress to extend the Paycheck Protection Program to help businesses stay afloat as the coronavirus pandemic grinds through the second half of 2020. Continue Reading Below. In a letter to Congressional leaders …
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Nikola stock falls 7% after electric-vehicle maker's wider Q2 loss

Nikola Corp. shares fell more than 7% after hours Tuesday after the electric-vehicle maker reported a second-quarter loss that was wider than Wall Street expected. Nikola NKLA, +6.44% said it lost $86.6 million, or 33 cents a share, in the quarter, compared …
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