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Economics News

Economics News continually updated from thousands of sources around the net.

3 hrs ago | Business Journal

St. Pete history museum looks to future with digital currency

The St. Petersburg Museum of History is ready for bowl season. In advance of hosting an event today with Bitpay executives and the St. Petersburg Chamber of Commerce to inform the business community about how bitcoin works, the museum lateThursday announced it is the first museum in the Sunshine State to accept bitcoin.

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Related Topix: Bitcoin

7 hrs ago | Reuters

U.S. brings new charges against accused Silk Road creator

U.S. prosecutors have brought a trio of new charges against a Texas man accused of creating the underground online drug marketplace Silk Road ahead of his November trial.

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Related Topix: Drugs, Bitcoin

11 hrs ago | Customer Interaction Solutions

BitFury Capital Makes First Investment into the Bitcoin Ecosystem

BitFury Capital, a seed fund and a subsidiary of the leading Bitcoin infrastructure provider BitFury Group , today announced its first investment into a prominent bitcoin wallet provider.

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Related Topix: Bitcoin, Science / Technology, P2P

15 hrs ago | Independent.ie

Tycoon badly miscalculated in seeking redemption in US

SEAN Dunne's latest move in his seemingly endless game of cat and mouse with creditors will have taken many by surprise.

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Related Topix: Bankruptcy, Opinion

Thu Aug 21, 2014

Hyperallergic

Buying Art in Bitcoin

In May, painters Valentin Ruhry and Andy Boot launched Cointemporary , an online art gallery exhibiting artworks that can only be bought using the popular crypto-currency Bitcoin.

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Related Topix: Bitcoin, Arts, Painting

Bloomberg

Detroit Seeks Water-Bond Sellers to Escape Default: Muni Credit

Detroit 's water and sewer department is set to find out today if it will succeed in striking a deal with bondholders to avert a possible default.

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Related Topix: Financial Markets, Bankruptcy, Nuveen Municipal Income Fund, Financial Services

Weekly Packet

Stonington Post Office operations to remain unchanged

The two dozen Stonington residents who turned out to a meeting held at the Stonington Post Office on Tuesday, August 19, about the future of the post office left with heartening news-little will change for the branch at this time.

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Related Topix: Bangor, ME, Transportation, United States Postal Service, Postal, Bankruptcy

Business Journal

Rob Truland breaks his silence

Howard Silcott spent the past four decades working for Reston-based electrical contractor Truland Group Inc., most recently as a senior superintendent, and had hoped eventually to retire from the company.

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Related Topix: Bankruptcy

GigaOM

Biotech, nuclear fusion, and bitcoin: Highlights of Y Combinator's summer 2014 class

Sure, there the usual assortment of "X for Y" startups, but science and bitcoin companies abounded at startup accelerator Y Combinator's Summer 2014 demo day.

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Related Topix: Nuclear Energy, Bitcoin

The Indianapolis Star

Greenfield settling lawsuit over ex-sheriff's arrest

Greenfield settling lawsuit over ex-sheriff's arrest The city of Greenfield is settling a civil lawsuit filed in 2012 by a former Hancock County sheriff.

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Related Topix: Greenfield, IN, Hancock County, IN, Shelby County, IN, Bankruptcy

Wed Aug 20, 2014

Wall Street Journal

Fish Firm's Woes Show Greek Bankruptcy Gap

In the decade before Greece's debt crisis, businessman Aristides Belles rode a wave of acquisitions to turn his company, Nireus Aquaculture SA, into one of the largest fish farmers in the world-a staple of supermarket shelves across Europe.

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Related Topix: Bankruptcy, Aquaculture

Detroit News

Judge delays start of Detroit bankruptcy trial until Sept. 2

U.S. Bankruptcy Judge Steven Rhodes on Wednesday delayed the start of the city's bankruptcy trial until Sept.

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Related Topix: Bankruptcy, Pension, Personal Finance

Brandon Sun

Attorney offers reward for Tim Blixseth's assets; former billionaire says it's a desperate act

The trustee representing Montana's Yellowstone Club creditors is offering a reward to anyone who can help uncover assets the luxury resort's co-founder might have hidden from bankruptcy proceedings.

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Related Topix: Bankruptcy

Thanh Nein News

Ukraine conflict is draining economy, hampering reforms: PM Yatseniuk

A woman holding her child, gets on a bus with other people at the south station in Donetsk on August 20, 2014.

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Related Topix: Bankruptcy

Tri-cityherald.com

Massachusetts cutlery maker files for bankruptcy

The Recorder of Greenfield reports that Lamson & Goodnow Manufacturing Co. of Shelburne Falls, Massachusetts, filed for Chapter 11 bankruptcy earlier this month, which protects the company from creditors as it reorganizes.

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Related Topix: Bankruptcy, Shelburne Falls, MA

RTE.ie

Australia says Bitcoin not a currency

Crypto-currencies such as Bitcoin should not be considered as money or a foreign currency when it comes to taxation, Australia's tax authority ruled today.

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Related Topix: Bitcoin

ComputerWorld

'Reveton' ransomware upgraded with powerful password stealer

A type of malware called Reveton, which falsely warns users they've broken the law and demands payment of a fine, has been upgraded with powerful password stealing functions, according to Avast.

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Related Topix: Bitcoin

WHTC

Attorneys for Detroit respond to creditor filing

Attorneys for the City of Detroit have responded to a legal filing by a creditor that stands to lose millions of dollars in the city's bankruptcy case.

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Related Topix: Bankruptcy

Tue Aug 19, 2014

Grub Street

Bakery That Supplied Crumbs Laid Off 75 Workers After Cupcake-Bubble Bust

In addition to scores of corporate-side workers and all employees at its now-shuttered retail locations, 75 shift bakers at Melita Bakery in the Bronx lost their jobs after Crumbs abruptly shut down last month .

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Related Topix: Cake, Baked Goods, Life, Dessert, Food, Bankruptcy

Business Times

Czechs roll out new Bitcoin-style virtual currency

"Early this afternoon we put a first test run of 100,000 coins on the market," CZC project head Ladislav Faith told AFP.

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Related Topix: Bitcoin

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