Business & Finance articles

First Bitcoin ATM headed to Austin

First Bitcoin ATM headed to Austin

The first Bitcoin ATM was launched at a Vancouver coffeehouse last year. Austin, known for its vibrant tech community as well as scores of music clubs, was a natural spot to launch the first U.S. Bitcoin ATM, said Jordan Kelley, chief executive of Robocoin, the Las Vegas-based company that makes the machines. “We’re really excited

Pepsi shares slip after split rebuff

  PepsiCo shares fell after it said it would not split off its drinks business despite a declining US soda market and activist investor pressure. Its announcement that it would lift shareholder capital returns 35 per cent to $8.7bn this year and extend its cost-cutting plan failed to shore up confidence, with Pepsi shares falling

U.K. Storms Could Slow Growth

The U.K. is suffering some of the worst storms and flooding on record. The country has been hit by a series of storms since the start of the year, with little sign of abatement. January was the wettest month on record for more than 100 years and the River Thames is nearing a record high.