troubled

Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned.When thieves stole an estimated $190 million from U.S. crypto firm Nomad last week, it was the …

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China growth hopes rest on troubled local government financing vehicles

If the Chinese government is able to reach its economic growth target of 5.5 per cent this year, it will be due in part to retail investors such as Jane Song.In May, Song invested Rmb200,000 ($29,600) in a fixed-income wealth management product issued by a local government financing vehicle in eastern Shandong province. A financial …

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Abbott’s troubled baby formula factory back in business

Check out what’s clicking on FoxBusiness.com. The Abbott Laboratories plant in Michigan, which was at the center of the nation’s baby formula crisis, is producing again. The troubled plant was shutdown in February over contamination and again in June after the facility suffered flooding from a severe storm.Production of EleCare, a specialty formula for infants …

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