LONDON - Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year. Yet for all the hype, mainstream institutional investors are steering clear.
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Fidelity chairman deals with fallout from sexual harassment claims
Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men's club mentality.
Kaspersky Lab to open software to review, says nothing to hide
Moscow-based Kaspersky Lab will ask independent parties to review the security of its anti-virus software, which the U.S. government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies.
U.S. Midwest oil refiners boost output, cut region's dependence on Gulf Coast
U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps.
Apple sees its mobile devices as platform for artificial intelligence
Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday.
U.S. Army deserter Bergdahl's sentencing hearing delayed until Wednesday
The sentencing hearing for U.S. Army Sergeant Bowe Bergdahl, who could go to prison for life for deserting his duties in Afghanistan in June 2009 and endangering the lives of fellow troops, was postponed on Monday for two days due to an emergency for a lawyer in the case.
Catalonia warns of civil disobedience as Madrid readies direct rule
Catalonia said on Monday it was confident all officials including police would defy attempts by Madrid to enforce direct rule on the region in a dispute raising fears of unrest among Spain's European allies.
Exp: Oct 17
Exp: Oct 17
Exp: Nov 17