Powell, the often controversial co-founder of the cryptocurrency exchange, will be succeeded by COO Dave Ripley and take the role of chairman.
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NYC Mayor-Elect Adams Says Crypto Should Be Taught in Schools
Former U.S. Food and Drug Administration Commissioner Scott Gottlieb called for “urgent research” into a mutation of the delta variant -- known as delta plus -- following a surge in Covid-19 cases in the U.K.
Faurecia SE agreed to buy a majority stake in German automotive supplier Hella GmbH & Co. and offered to acquire the rest in an $8 billion deal, beating out rival bidders from the European car-parts industry.
General Motors Co. is recalling its 2017-2019 model year Chevrolet Bolt battery-powered cars for the second time in less than a year, after two vehicles that had been repaired in a previous recall caught fire.
Your Weekend Reading: The Wacky Stock Meme Roller-Coaster Ride Bloomberg
China Eases Visa Rules for Foreigners Who Get Chinese Vaccinesbloomberg.com
Walt Disney Co.’s “Raya and the Last Dragon” brought in lower-than-expected box office sales of $8.6 million in North America during its opening weekend, failing to draw audiences back to theaters in large numbers instead of streaming at home.