Category: Business

Paypal is rolling out a service that will allow its customers to buy, sell, and hold cryptocurrency directly from their accounts. “The shift to digital forms of currencies is inevitable, bringing with it clear advantages in terms of financial inclusion and access; efficiency, speed and resilience of the payments system; and the ability for governments […]

Tesla scored a record-setting quarter Wednesday, notching its fifth straight profitable quarter and delivering 139,300 vehicles during the third quarter, a new record for the carmaker. Tesla’s numbers exceeded Wall Street expectations and CEO Elon Musk and his team say they are now “increasingly focused on our next phase of growth.” Profits jumped 105% from […]

After welcoming their daughter Daisy in August, Katy Perry and Orlando Bloom are ready for a new home. The couple just purchased a $14.2 million mansion in Montecito, California, to accommodate their growing family, according to Variety. The home is on almost 9 acres and overlooks the Pacific Ocean. The outlet reported that the compound […]

“Happy Days” alum Scott Baio spoke out in opposition to the beloved sitcom’s cast reunion, which is set to help financially support Democrats running for office. Baio, known for his iconic role as Chachi, appeared on Fox Business’ “Mornings with Maria” on Wednesday where he ripped the upcoming fundraiser and criticized “Full House” star John […]

Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. About 5,300 employees based in Hong Kong and another 600 elsewhere will likely lose their jobs, and 2,600 unfilled positions will be cut. The […]

An Arizona tax that voters are being asked to approve in November could wind up being economically costly to the state, a new study shows. Known as Proposition 208, the measure would set up a fifth income tax bracket for wealthy residents that would raise the top rate to 8% from 4.5% through an additional […]

Harley-Davidson Motor Company has recalled “certain” 2020 LiveWire electric motorcycles, according to the National Highway Traffic Safety Administration. The recall, which began on Monday, Oct. 19, has been issued due to reports of some LiveWire motorcycles having powertrains that “unexpectedly shut down and not restart” as a result of a “software issue in the Onboard […]