Jack Dorsey, co-founder of Twitter and chief executive of payments firm Block, has unveiled a new product designed to help small businesses accept and hold bitcoin as an alternative to traditional card payments. The new Square bitcoin wallet will enable US retailers using the company’s sales platform to convert a portion of their daily revenue into bitcoin automatically, with no transaction fees until 2027. From this week, sellers on Square’s bitcoin network can opt to...
Nigel Farage is expected to meet Sir Jim Ratcliffe, the billionaire industrialist and founder of Ineos, before Christmas as Reform UK accelerates efforts to build relationships with major British business figures. Ratcliffe, who co-owns Manchester United and is among the UK’s richest individuals with an estimated fortune of £23.5 billion, confirmed that Farage had requested the meeting during an interview for The Business, a new podcast by The Times. The Ineos chairman, known for his...
A healthy energy drink brand that secured investment on the BBC’s Dragons’ Den just two years ago has become the show’s most lucrative success story, reaching a valuation of £140 million. PerfectTed, founded by Marisa Poster and Teddie Levenfiche, has grown from a student start-up into Europe’s leading matcha-based energy drink company — and now stands as the largest supplier of matcha products in the region. The company’s valuation soared following new investment from venture...
President Donald Trump said Secretary of State Marco Rubio handed him a note indicating the United States is ‘very close to a deal in the Middle East,’ a revelation he made Wednesday at the White House during a roundtable on Antifa. ‘Yeah, I was just given a note by the Secretary of State saying that we’re very close to a deal in the Middle East, and they’ll get to need me, pretty quickly,’ Trump said....
Gemini Trains, the start-up rail operator aiming to challenge Eurostar’s three-decade monopoly on Channel Tunnel routes, has placed an order with Siemens Mobility for a fleet of next-generation high-speed trains. The order, covering an initial ten new Velaro Novo trains, marks a major step in Gemini’s plan to operate competitive passenger services between London, Paris, Brussels and Cologne. The company, which is partnering with Uber, intends to integrate its ticketing and connections through the Uber...
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Tensions erupted on Capitol Hill Wednesday as two members of the House of Representatives got into a screaming match on the eighth day of the 2025 government shutdown. Rep. Mike Lawler, R-N.Y., confronted House Minority Leader Hakeem Jeffries, D-N.Y., outside the latter’s news conference over a bipartisan compromise on enhanced ObamaCare subsidies, a key flashpoint in the fight over federal funding. He also taunted Jeffries about whether he would endorse democratic socialist Zohran Mamdani for...
President Donald Trump said Wednesday he might make a trip to the Middle East as Gaza peace negotiations continue. ‘I may go there, sometime toward the end of the week. Maybe on Sunday, actually, and we’ll see,’ Trump said Wednesday from the White House as he kicked off a roundtable discussion event focused on the left-wing radical group Antifa. ‘We have a great team over there, great negotiators, and there are, unfortunately, great negotiators on...
House Speaker Mike Johnson, R-La., got into a tense confrontation with two Democratic senators outside his office on Wednesday as anxiety runs high on Capitol Hill on Day 8 of the government shutdown. Sens. Ruben Gallego, D-Ariz., and Mark Kelly, D-Ariz., gathered reporters outside Johnson’s office in a bid to publicly pressure the House speaker to swear in Rep.-elect Adelita Grijalva, D-Ariz., who won a special election last month to fill her late father’s seat....
Former New York Gov. Andrew Cuomo reminded business leaders on Wednesday that socialism already failed New York City when Rep. Alexandria Ocasio-Cortez, D-N.Y., and progressive activists rallied against Amazon’s plan to build a headquarters in Queens. During Crain’s New York Business mayoral forum Wednesday morning, less than one month away from Election Day, Cuomo railed against the threat that Democratic mayoral nominee Zohran Mamdani’s policies pose to the city’s economy. ‘We are not socialists,’ Cuomo...
