FedEx CEO Fred Smith said retailers' shortcomings contributed to the mess it faced over the holidays, according to a media report.» Read More
MIAMI BEACH, Fla.— Two police officers burst through a hotel room door with guns drawn, yelling "Police! The February arrests of Pascal Reid and Michell Espinoza marked the first time any state has brought money laundering charges involving bitcoins, according to Miami- Dade State Attorney Katherine Fernandez Rundle.
VANCOUVER/ TORONTO, March 5- Canadian police have launched an investigation after online bitcoin bank Flexcoin, which closed its virtual doors this week, said that it had lost about $600,000 worth of the digital currency in a hacker attack.
*Japan cabinet will set bitcoin rules on Friday. *Japan struggling to define its response after Mt. TOKYO, March 5- Japan will this week set out rules on how to handle bitcoins, the first sign that the government is taking action on regulating the virtual currency after the collapse last week of Tokyo- based Mt.
Overstock.com says it has sold over $1 million worth of merchandise to bitcoin users since it started accepting the virtual currency in January.
SAN FRANCISCO, Feb 25- Mt. The dollar price of bitcoins quoted on online exchange Bitstamp spiked from around $30 a year ago to more than $1,100 in December as more people became aware of the currency and speculators jumped into the highly volatile market.
Feb 24- Alabama's securities regulator said he will issue an alert on Tuesday, cautioning consumers and investors to stop trading on bitcoin exchanges or adding to their accounts if they are having trouble redeeming the digital currency or cashing out.
Customer satisfaction with online shopping slipped 4.9 percent to a benchmark of 78, the lowest score since 2001.
The virtual currency’s meteoric rise encountered stormy weather that could determine its future.
Feb 18- Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.
Two Las Vegas casino hotels will be the first known U.S. commercial gambling houses to accept bitcoin, the unregulated digital payment system.
STOCKHOLM, Jan 20- A Nordic venture capital firm says it has built the world's largest database of businesses dealing in Bitcoins in an effort to shed light on a virtual currency which has seen its value rocket in the past year.
Bitcoin has become a coin of the realm of the Sacramento Kings, a newspaper reports.
Some of the names on the move ahead of the open.
As Zynga becomes the latest adopter of the digital currency, the move highlights a budding trend: businesses adopting bitcoin to woo a key consumer demographic.
Overstock recently announced it would accept bitcoin as payment. Overstock CEO Patrick Byrne explains the business — and philosophical — reasons behind the decision.
Relatively low risk and guaranteed media attention mean other companies are likely to jump on board with bitcoin payments soon.
Overstock plans to become the first big U.S. online retailer to accept Bitcoin. The FT reports.
The S&P continues to soar, but a Nobel warns of a bubble and 'the smartest guys in the room' get plenty wrong: This week's market winners and losers.
Nobel laureate worries that stocks and real estate may be nearing a bubble, though others think a growing economy will support higher prices.
U.S. stocks fall.