Economics News continually updated from thousands of sources around the net.
4 hrs ago | Hyperallergic
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.
8 hrs ago | Bloomberg
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.
12 hrs ago | Weekly Packet
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.
16 hrs ago | Business Journal
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.
20 hrs ago | GigaOM
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.
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.
U.S. Bankruptcy Judge Steven Rhodes on Wednesday delayed the start of the city's bankruptcy trial until Sept.
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.
A woman holding her child, gets on a bus with other people at the south station in Donetsk on August 20, 2014.
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.
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.
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.
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 .
"Early this afternoon we put a first test run of 100,000 coins on the market," CZC project head Ladislav Faith told AFP.
A Florida man accused of engaging in a scheme to sell more than $1 million in bitcoins to users of the illicit online marketplace Silk Road on Tuesday lost a bid to narrow his criminal case.
The results of more than a dozen investigations into market manipulation by Brazilian entrepreneur Eike Batista and current or former executives of his EBX Group, will likely be made public next year, a top regulator said.
The body of a kayaker was found by divers this afternoon in a Crawford County lake.
Updated: Thu Aug 21, 2014 09:18 pm
Copyright © 2014 Topix LLC