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US-Iran Tensions Escalate as Iran Threatens Hormuz Closure, Potentially Rattling Global Oil Markets
Sunday, June 22, 2025 - 2:50pm | 528The recent US strike on Iran’s nuclear facilities has sparked concerns about the potential repercussions on global oil prices, as market analysts and traders assess the situation. What Happened: According to a report, the US’s Saturday assault on Iran’s nuclear infrastructure...
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If You Invested $1,000 In Bitcoin When NFL Star Saquon Barkley Took Endorsement Money In BTC, Here's How Much You'd Have Today
Tuesday, June 17, 2025 - 6:07pm | 1041Several professional athletes have announced taking salary or endorsement money in Bitcoin (CRYPTO: BTC) in recent years, including NFL superstar Saquon Barkley. Here's a look back at his decision and how much investors could have made following the NFL star running back. What Happened: Barkley,...
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Have Bitcoin? Need Cash? Strike Launches New Product Allowing Users To Borrow Up To $2 Million
Wednesday, May 7, 2025 - 3:27am | 599The thought of selling Bitcoin (CRYPTO: BTC) makes you feel squeamish? Strike, a cryptocurrency payments firm, has launched a new lending product that allows users to take out loans using the world's largest cryptocurrency as collateral. What Happened: The firm's CEO, Jack Mallers, took to X,...
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Potential Port Strike Looms: Union, Port Owners Hold 'Secret Meeting' On Automation, Technology As Contract Deadline Approaches
Tuesday, January 7, 2025 - 6:51pm | 610According to a report from CNBC, the International Longshoremen's Association and the U.S. Maritime Alliance (USMX) met secretly on Sunday to discuss the issue of technology and automation ahead of formal contract bargaining. The Details: The CNBC report said the ILA and USMX met for eight hours...
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USC Football Player Gets NIL Earnings In Bitcoin: 'Setting Myself Up For Long-Term Financial Growth'
Saturday, December 21, 2024 - 9:00am | 738The ability for college athletes to be paid for their name, image and likeness in a blockbuster 2021 NCAA agreement has changed NCAA Football forever and will see one player get paid in Bitcoin (CRYPTO: BTC) in 2025, following other professional athletes into cryptocurrency. What Happened: Since...
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Boeing's Striking Machinists Vote On New Contract Proposal With Support From Both Sides
Monday, November 4, 2024 - 1:39pm | 572Boeing Co’s (NYSE:BA) striking machinists are set to vote on a new labor contract proposal on Monday that could end the more than seven-week-long strike. What To Know: Boeing’s latest contract proposal includes a 38% wage increase over four years, up from the 35% increase that was...
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Goldman Sachs Analyst Remains Bullish On Boeing Despite Weak Q3: 'Long-Term Deep-Value Opportunity'
Friday, October 25, 2024 - 11:22am | 897Goldman Sachs analyst Noah Poponak reaffirmed his bullish stance on Boeing Co. (NYSE:BA), despite the defense giant’s challenging third quarter marked by production delays, labor disputes and heavy losses. Labeling Boeing a “long-term deep-value opportunity,” Poponak reiterated a...
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Boeing Machinists Reject 35% Wage Hike Deal, Extending 5-Week Strike Amid $6B Loss And Cash Burn Warnings
Thursday, October 24, 2024 - 12:21am | 282Boeing Co (NYSE:BA) machinists rejected a new labor deal with 64% voting against the proposal, their union announced Wednesday, extending a strike that has halted most of the company’s Seattle-area production for over five weeks. What Happened: The deal offered 35% wage increases over...
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SAG-AFTRA Reaches Over 120 AI Agreements, Negotiations With Activision, EA, WB Come Next
Wednesday, October 23, 2024 - 4:53pm | 516SAG-AFTRA has announced that more than 120 video game contracts from 49 companies have been signed as part of its ongoing negotiations with the gaming industry. These agreements are set to offer key protections for actors, particularly concerning the use of artificial intelligence (AI) in game...
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Boeing Stock Rises Ahead Of Wednesday's Union Vote: Will Investors Breathe 'A Sigh Of Relief?' (CORRECTED)
Tuesday, October 22, 2024 - 5:28pm | 521Editor’s note: This story has been updated to state that Boeing reports earnings premarket Wednesday, not after the closing bell. Boeing Co. (NYSE:BA) and its striking machinists reached a preliminary agreement to resolve the five-week strike over the weekend. Union members will vote on the...
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Tentative Deal Announced To End Boeing Strike, Union Will Vote Wednesday
Saturday, October 19, 2024 - 1:38pm | 667A preliminary agreement was reached to resolve the five-week strike at Boeing, the troubled aircraft manufacturer. The union informed its 33,000 striking members early Saturday. The International Association of Machinists and Aerospace Workers announced that members will vote on the proposal this...
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As Boeing Workers Enter Second Month Of Strike, Rival Airbus Reportedly Plans To Cut 2,500 Jobs
Wednesday, October 16, 2024 - 7:35am | 508As Boeing Co. (NYSE:BA) grapples with a prolonged strike by its factory workers, Airbus SE (OTC:EADSY) has reportedly decided to cut up to 2,500 jobs in its Defence & Space division. This move comes in response to significant financial setbacks in its satellite projects. What Happened: The...
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Hundreds Of Hilton Hotel Workers Strike At Seattle Airport, Demand Higher Wages And Reversal Of COVID-Era Cuts
Saturday, October 12, 2024 - 11:13pm | 464Hilton (NYSE:HLT) hotel workers running into the hundreds at Seattle airport hotels walked off the job on Saturday, calling for higher wages and reversal of COVID-era cuts, the Unite Here union said in a statement on Saturday. What Happened: “The weeklong strikes by 374 workers at the...
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Boeing Hit With 737 Safety Alert, Issues Deliveries Warning As Strike Continues
Tuesday, October 8, 2024 - 1:53pm | 399Boeing Co (NYSE:BA) has faced some turbulent years with several safety issues, public criticism and substantial leadership overhauls. Here’s the latest update on ongoing safety concerns and the effects of an ongoing labor strike. Regulatory and Safety: In an alert issued Monday, the U.S....
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Kevin O'Leary Says Port Automation Won't Hurt Wages
Saturday, October 5, 2024 - 5:00pm | 306With a major dockworkers’ strike on hold for now, entrepreneur Kevin O’Leary highlights the outdated infrastructure and rising tensions over union demands. On Fox Business’ Varney & Co. on Friday, O’Leary remarked that East Coast ports are outdated and inefficient,...