Bitcoin price tumbles after Wall Street selloff

Bitcoin and other cryptocurrencies fell sharply Saturday, another sign that investors were pulling back from riskier bets after this week’s stock-market selloff.

Bitcoin, the largest cryptocurrency by market value, plunged more than 20% to $42,000 at midnight Eastern Time on Saturday before bouncing back, according to data from CoinDesk. It was trading at $49,000 Saturday evening, down about 9% in 24 hours.

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US accuses Whole Foods of banning Black Lives Matter masks

U.S. labor board prosecutors have alleged that Amazon-owned Whole Foods Market illegally banned employees from wearing “Black Lives Matter” masks and punished workers who did, according to Bloomberg.

The grocery store chain maintained appearance rules at U.S. locations to prohibit staff from displaying Black Lives Matter messages on their apparel, the National Labor Relations Board’s San Francisco regional director wrote in a complaint issued Friday on behalf of the agency’s general counsel.

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Supply chain issues impacting pharmacies: What to know

The Federal Reserve reported Wednesday that many parts of the country were hit by supply chain disruptions and labor shortages in November.

While these problems have continued into December – with price increases reported to be widespread across the U.S. economy – empty shelves aren’t the only issue for Americans.

Pharmacies are reportedly running out of important prescription medications, and the U.S. Food and Drug Administration (FDA) shows there are about 111 drugs on backorder – including heart medications, antibiotics and cancer drugs.

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BP oil spill fund: $103M to projects in 3 Gulf states

Alabama, Florida and Mississippi are receiving more than $103 million in BP oil spill settlement money for new and continued coastal projects.

“These projects, combined with existing investments, continue to advance our goal of protecting and restoring species and habitats impacted by the 2010 Deepwater Horizon oil spill,” Jeff Trandahl, executive director and CEO of the National Fish and Wildlife Foundation, said Thursday.

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Apple notified State Department employees of phone hacking linked to NSO Group software

Apple Inc. last week notified 11 U.S. State Department employees in Uganda that their iPhones were hacked, and investigators have linked the attack to a tool developed by NSO Group, an Israeli technology company that was blacklisted by the Biden administration, according to a person familiar with the matter.

Some of the targeted State Department employees were foreign service officers who are U.S. citizens, while others appear to be locals working for the embassy, the person familiar with the matter said. The hacked phones were linked to State Department email addresses, the person said.

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Stock futures edge up to start the week

U.S. stock futures ticked up, putting Wall Street indexes on course to extend their back-and-forth moves as investors await more data on the Omicron variant of Covid-19.

S&P 500 futures gained 0.5% and Dow Jones Industrial Average futures strengthened 0.6%. Changes in equity futures don’t necessarily predict moves after the markets open.

European stocks climbed Monday. The Stoxx Europe 600 rose 0.7% in morning trade. Utilities and consumer discretionary sectors led gains while the materials sector lost ground.

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