Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says
Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds
Category: Business
BMW confirms fatal crash, says car wasn’t self-driving
A fatal crash involving four vehicles on a German highway did not involve a self-driving car, BMW (BMWG.DE) said on Tuesday, refuting a police statement
Canada’s inflation rate eases to 7.6% in July on gasoline
Canada’s annual inflation rate slowed to 7.6% in July, a two-month low but still far above the Bank of Canada’s 2% target, as gasoline prices
U.S. manufacturing production accelerates in July
Production at U.S. factories increased more than expected in July as output rose at motor vehicle plants and elsewhere, pointing to underlying strength in manufacturing
Home Depot sales lifted by higher prices, demand from builders
Home Depot Inc (HD.N) on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices helped the biggest U.S. home-improvement chain cushion
Juicy Couture owner scoops up UK’s Ted Baker for about $254 million
Juicy Couture and Forever 21 owner Authentic Brands (ABG) (AUTH.N) has agreed to buy Ted Baker (TED.L) in a deal worth roughly 211 million pounds
Japan’s Mizuho Securities looking at opportunities for U.S. growth
Mizuho Securities Co, the brokerage arm of Mizuho Financial Group (8411.T), “has room for further growth” in the United States and acquisitions are one option