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Invest

Southwest Airlines reports a narrower than expected loss in fiscal Q1

Southwest Airlines Co. (NYSE: LUV) reported a narrower-than-expected loss in the fiscal first quarter on Thursday. The air carrier’s revenue, however, still fell shy of

Invest

The latest SPAC deal to know about: Smart home system company SmartRent to go public

SmartRent is an enterprise-level smart home system company that sells hardware and software solutions to residential property owners, managers, and homebuilders. On Thursday, SmartRent announced

Business

New digital dispute rules aim to keep crypto disagreements out of court

A British government-sanctioned task force has proposed a dispute resolution framework that would keep cryptocurrency and smart contract disagreements out of the courts. A 14-page

Invest

American Airlines swings to a wider than expected loss in fiscal Q1

American Airlines Group Inc. (NASDAQ: AAL) said on Thursday that it swung to a wider-than-expected loss in the fiscal first quarter as the COVID-19 crisis

Invest

UK housebuilder Taylor Wimpey says sales are up in 2021 to date

Taylor Wimpey plc (LON: TW) said on Thursday that its sales are up in 2021 to date. The company also expressed confidence in its order

Cryptocurrencies

Not so safe? SafeMoon’s parabolic rally isn’t sustainable, traders warn

SafeMoon, the token on Binance Smart Chain widely recognized as the Tiktok meme coin, is seeing massive volatility after its massive gains in the past

Bitcoin

Turkish crypto exchange halts trading amid reports of police raid

Major Turkish cryptocurrency exchange Thodex has abruptly halted trading and withdrawals amid reports of police raids, Cointelegraph Turkey reported on Thursday. Thodex posted an official announcement

Business

China’s digital yuan could be a fatal blow for Macau casino junkets

Beijing’s bid to better control money laundering and illicit transactions through a fully-traceable central bank digital currency could pose a threat to the country’s popular gambling

Cryptocurrencies

Bitcoin dominance is about to drop below 50% for the first time in 3 years

Bitcoin (BTC) revisited recent lows near $52,000 on April 22 as sustained weakness continued for the largest cryptocurrency. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview

Business

EU regulators reportedly scrutinize Binance over securities law compliance

Cryptocurrency exchange Binance’s latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European