Soaring high: Bitcoin hits record $53,750, $1 trillion market cap

The world’s top cryptocurrency has surged 60 percent this month alone, fuelled in part by mainstream investors like Tesla. Bitcoin hit yet another record high on Friday, achieving a market capitalisation of $1 trillion and blithely shrugging off analysts’ warnings that it is an “economic sideshow” and a poor hedge against a fall in stock […]

Brazil Is Famous for Its Meat. But Vegetarianism Is Soaring.

RIO DE JANEIRO — After years of whipping up large vegan meals for an ashram in the mountains outside Rio de Janeiro, Luiza de Marilac Tavares found her life upended, and herself out of a job, when the pandemic forced the center to shut down. She started cooking from home, hoping to make ends meet […]

Musk warns Tesla staffers that soaring shares could get ‘crushed’

Tesla chief Elon Musk warned Tesla staffers in an email seen by Bloomberg News that rallying shares could ‘get crushed like a souffle under a sledgehammer!’ if investors start to worry about future profitability. Tesla Inc. Chief Executive Officer Elon Musk warned in an internal email his company’s rallying shares could get “crushed” if investors […]