Business

Tesla buys $1.5B in Bitcoin, will accept as payment soon

Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15% to above $43,000 Monday.

Positive Investments Secures $36 Million Refinancing for Apartment Properties

Capital One Financial Corp. has provided $35.7 million in loans to Positive Investments Inc. to refinance 17 apartment properties in Southern California.

Jeff Bezos, Amazon’s founder, will step down as CEO

Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he's had for nearly 30 years, to become executive chairman, the company announced Tuesday.

Wall Street’s GameStop bug may have mutated; silver surges

The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.

US billionaire buys SpaceX flight to orbit with 3 others

A U.S. billionaire who made a fortune in tech and fighter jets is buying an entire SpaceX flight and plans to take three “everyday” people with him to circle the globe this year. Besides fulfilling his dream of flying in space, Jared Isaacman announced Monday that he aims to use the private trip to raise $200 million for St. Jude Children’s Research Hospital, half coming from his own pockets.

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