Month: April 2019

J.B. Hunt Transport Services‘ downbeat earnings call on Monday should put to rest any ideas that the economy is too strong and that the Federal Reserve should tighten interest rates again, CNBC’s Jim Cramer said Tuesday. The trucking and transportation company’s stock sank nearly 5% after missing Wall Street’s expectations and blaming low volume on
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Is Coinbase going to solve the thorny challenges of proof-of-stake (PoS) blockchain governance or centralize those systems even further? That’s the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos. The move means institutional investors will be able to vote on
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Share to facebook Share to twitter Share to linkedin This diagram shows how an ERV/HRV functions in the house. The green ducting shows the fresh outside air entering the unit and passing through the heat exchanger. The red ducts show the tempered air flowing into the home, while the yellow shows the stale air being returned
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Share to facebook Share to twitter Share to linkedin This is the interior of the post and beam/panelized house in Carabbia-Lugano, Switzerland. The metal connectors can be seen where the beams join. The house was designed and built by HUF HAUS. Photo courtesy of Lothar Rehermann for Prefabulous World, published by Abrams Post and beam
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Bitcoin’s out-of-the-blue bounce over the $5,000 mark this month has prompted some predictable pontificating from price-obsessed people within and outside the cryptocurrency community. Investors who are long-cryptocurrencies have gleefully pronounced that the Crypto Winter, which began when bitcoin’s bubble burst at the end of 2017, is now mercifully over. The most optimistic are forecasting a
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One big bank is not like the other. Financial giants J.P. Morgan and Wells Fargo kicked off earnings season on Friday, both issuing better-than-expected results. But while J.P. Morgan’s stock soared nearly 5%, Wells Fargo’s stock slid, ending the day almost 3% lower. Wells Fargo’s weakness came largely from softer profit guidance from CFO John
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Check out the companies making headlines midday Friday: Wells Fargo — The beleaguered bank’s stock dropped more than 2% after CFO John Shrewsberry warned of a net interest income fall that could range between 2% and 5%. Shrewsberry’s warning overshadowed better-than-expected earnings. J.P. Morgan Chase — Shares of J.P. Morgan Chase rose 4% after the
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In the news making headlines in the cryptocurrency industry, Harvard University Endowment has made an investment in the crypto token sale of Blockstack. Blockstack Offering 95.83 million Crypto Tokens A filing made with the US Securities Exchange Commission listed designees affiliated to the Havard Management Company including Charlie Saravia, Rodolfo Gonzalez, and Zavain Dar who
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Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream press
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KISS band members Peter Criss (left), Gene Simmons (top), Ace Frehley (right) and Paul Stanley (bottom). (Fin Costello/Redferns) Getty There’s no disguising this. KISS drummer Peter Criss needed an escape from his intense Rock-n-Roll fame. He found it in this enchanting Greenwich, Connecticut manor—a storybook chill estate where he could play with his dog, drums
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The estimated cost to end homelessness in the San Francisco Bay Area is $12.7 billion and additional billions annually to fund ongoing services to the needy, according to a report released Wednesday. “By virtually every measure, the Bay Area’s homeless crisis ranks among the worst in the United States,” said a report released by the
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Crude can’t crank higher unless it stays above the key $60 level, says expert technician Louise Yamada. Tightening global supplies have proved bullish for the commodity this year, with U.S. West Texas Intermediate crude prices currently hovering near five-month highs. But the upward action has also been quite volatile, as economic and geopolitical factors have
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A Beijing district court ruled Wednesday that a blog operator must apologize and pay more than 200,000 yuan ($29,851) to real estate developer Soho China for reputational damage. That’s after a blog run by the operator, Zhuhai Shengun Network Technology, claimed that one of the developer’s properties brought bad luck to its tenants due to
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