This month, Tesla Inc. disclosed a $1.5 billion investment and MicroStrategy Inc. boosted a sale of convertible bonds to $900 million to buy even more of the token. That brought the coin closer to corporate America.

“If companies’ fundamentals are going to become closely tied to movements in Bitcoin because they’ve suddenly become speculators on the side, we’re going to be in bubble territory before you know it,” said Craig Erlam, senior market analyst with Oanda Europe Ltd.

UK’s supreme court rejects Uber appeal, says drivers are workers

Feb 19, 2021

The judges agreed with an earlier tribunal decision that found two Uber drivers were workers” under British law, therefore entitling them to benefits such as paid holidays and the minimum wage.

Swiss Re records larger-than-expected annual loss,eyes 2021 recovery from pandemic fallout

Feb 19, 2021

Swiss Re and its competitors have faced large claims from the pandemic, such as those for cancelled events, as well losses from hurricanes and wildfires in the United States.

“We are confident in the outlook for 2021 with COVID-19 losses mostly behind us,” Chief Executive Christian Mumenthaler said, adding the rollout of COVID-19 vaccines provided hope.

Researchers urge delaying Pfizer vaccine’s second dose as first highly effective

Feb 19, 2021

There are differences over the merits of such strategies, with some arguing the urgency of the pandemic requires flexibility, while others oppose abandoning data-driven approaches for the sake of expediency.

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