Author: Charlotte

As The Wall Street Journal (WSJ) reported, the nonprofit standard-setter for accounting voted Wednesday (April 23) to propose that all companies each year reveal the dollar amounts of the significant components of their cash equivalents, which includes stablecoins as well as assets like money-market funds and Treasury bills. “We can’t turn a blind eye to the fact that stablecoins are a new asset class,” said board member Christine Botosan, per the report. “They exist in evolving regulatory environments. In light of that, it is perfectly reasonable for investors to say that they need to understand whether stablecoins are included among…

Mice numbers are surging in parts of the country. Photo of a plague at a farm near SA’s Kadina in 1993. Picture: Oliver Townsend. Mouse bait allocated to South Australia has instead been sent to Western Australia, causing concern there may not be enough product locally to control surging rodent numbers. Wilhelm Rural managing director Brenton Wilhelm confirmed 100 tonne of mouse bait has been sent to the Esperance region in the past fortnight, potentially straining supplies for SA farmers. Mr Wilhelm, SA’s only importer of the ingredients required to manufacture mouse bait, said he currently had enough product to…

Bitcoin (BTC) traded near $78,000 on Thursday but continued to face resistance at the $80,000 level as fresh US-China friction weighed on risk sentiment.The White House accused Chinese entities of running deliberate campaigns to steal American AI technology, adding to geopolitical uncertainty weeks before a planned Trump-Xi summit.White House Escalates AI Dispute With ChinaIn a Thursday memo Michael Kratsios, Director of the White House Office of Science and Technology Policy, said foreign entities based in China are conducting “industrial-scale campaigns to distil US frontier AI systems.”The campaigns allegedly use tens of thousands of proxy accounts and jailbreaking techniques to extract…

The Tesla and SpaceX CEO headed off concerns that doling out big checks would drive up prices: “AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.” In other words, Musk believes that AI and robotics will supercharge production and push down prices, offsetting the inflationary impact of the government boosting the money supply when it pays large incomes to all. Steve Hanke a professor of applied economics at Johns Hopkins known as the “Money Doctor” because of his experience helping governments solve inflation and…

Talon.One, a German promotions software company, showing buyers will still pay up for specialized tools that deepen their products. And in data centers, Bain Capital, a private equity firm, is looking to sell at least 40% of Bridge Data Centres at an implied valuation of about $5 billion, as investors circle the “picks-and-shovels” of artificial intelligence and cloud computing. Why should I care? For markets: Infrastructure money is back, but it’s picky. A run of stake sales suggests investors are reopening their wallets for cash-generative assets that are hard to replicate – especially in power networks, data centers, and operating…

Claim 30% Off TipRanksCGN Mining Co ( (HK:1164) ) just unveiled an update. CGN Mining reported that uranium deposits in which it holds interests produced 580.9 tonnes of uranium in the first quarter of 2026, achieving 97.1% of the quarterly production plan. Output was led by its 49%-owned Kazakhstan associate Ortalyk at 426.4 tonnes, while Semizbay-U produced 154.5 tonnes, with a sulfuric acid shortage temporarily weighing on the Semizbay mine but not expected to affect full-year production. On the trading side, the group held 967 tonnes of uranium inventory at the end of March 2026 at an average cost of…

By Sumit Saha April 23 (Reuters) – beat Wall Street estimates for first-quarter profit on Thursday as record prices helped offset lower production, though the world’s largest gold miner warned of a slightly lower output and elevated costs in the current quarter. Newmont expects to generate 23% of total attributable production in the second quarter of 2026, slightly below the first quarter, while unit costs are set to rise on higher sustaining capital spending, lower silver output and increased costs at the Boddington, Tanami, Lihir and Penasquito mines. Costs may also be affected by higher oil prices and the impact…

Law enforcement in Minnesota has raised concerns to legislators this session about the high number of scams reported to their agencies that involve virtual currency kiosks. The scams are often similar to non-cryptocurrency scams where there’s an emotion element to hook the victim into providing money. Once at the cryptocurrency kiosk, usually found at a grocery store or gas station, victims are told by the scammer to input cash using an existing customer number and are prompted to bypass warning prompts to circumvent current state law regulating the kiosks. To address the issue, lawmakers want to ban…

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Patricof Co has spent nearly a decade pooling athlete capital for investment opportunities, and now it’s taking that endeavor a step further. On Tuesday, the advisory practice and investment firm L Catterton announced the formation of a strategic partnership. The initiative, called Champion Athlete Managing Partner, or “Champ” for short, aims to create outsized growth for consumer brands using Patricof Co’s deep bench of athlete partners, who also will participate as investors in any deals. It will raise $500 million, and sports stars have already committed more than 10% of that figure, according to The Financial Times. Athletes who have…