Bitcoin miner CEO: Industry is moving toward carbon neutral

(CNN Business)Elon Musk is sending bitcoin’s price on another volatile ride. The price of bitcoin is surging after Tesla (TSLA) CEO Elon Musk tweeted Sunday that the electric car company would start accepting the cryptocurrency again once at least half of it can be mined using clean energy. “When there’s confirmation of reasonable (~50%) clean […]

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Biden ramps up tougher rhetoric against China at G7

Editor’s note: CNN will be launching the Meanwhile in China newsletter on June 21, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. United States President Joe Biden’s plan to unite Washington’s closest allies and take on China just scored a big […]

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Eurozone Sentix Investor Confidence Highest Since 2018

Euro area investor confidence rose for the fourth straight month in June to its highest level in over three years as financial experts assessed the current economic situation more favorably, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence index for Eurozone climbed to 28.1 from 21.0 in May. Economists […]

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Disney unveils one of its most innovative attractions

New York (CNN Business)For the past decade, movie theaters have counted on a big, buzzy Marvel hit to kick off a lucrative summer season. But this year, the superhero of the moment isn’t going anywhere near the cinema. “Loki,” the latest streaming series from Marvel Studios, premiered Wednesday to much fanfare. The show, which stars […]

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Are tech’s billion-dollar CEOs worth their pay?

Apple paid its chief executive, Tim Cook, $US1.4 billion ($1.8 billion) in total since 2007. Oracle’s chairman, Larry Ellison, racked up stock and cash valued at nearly $US1.9 billion over the same period. And Mark Zuckerberg has pulled in $US5.7 billion from Facebook since the company went public in 2012. These are among the billion-dollar […]

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