Bitcoin Is Luring More Companies and Their Cash

• 

  L.A. Wildfire Victims Need Cash More Than Used Clothes: How to Help

  After natural disasters, relief organizations are overwhelmed by clothing donations. Aid groups in Southern California say money is more helpful.
  
  The New York Times - 2d

• Smaller crypto may gain more than bitcoin after Trump takes office – should you invest?

  Altcoins may have more room to rally than bitcoin after the pro-crypto president elect Donald Trump returns to the Oval Office, with his inauguration scheduled on Monday, industry participants said.
  
  MarketWatch - 22h

• L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.

  Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.
  
  MarketWatch - Jan. 10

• Mark Cuban: I'd rather own bitcoin than gold if something bad happens to the economy—'I think it has more value'

  Billionaire investor Mark Cuban says bitcoin can function as a store of value and a currency in case of economic turmoil. It even has some advantages over gold.
  
  CNBC - Jan. 8
• 

  As Bitcoin Booms, More and More Companies Are Taking a Stake

  Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.
  
  Inc. - Jan. 8

• McDonald’s is ‘retiring’ its DEI goals. Why more companies are expected to do the same.

  Companies like Walmart, Harley-Davidson and Lowe’s have also changed their diversity initiatives
  
  MarketWatch - Jan. 7

• Pentagon Labels More Chinese Companies as Military in Nature

  Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.
  
  The Wall Street Journal - Jan. 7

• MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin

  The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.
  
  MarketWatch - Jan. 6

More from The New York Times

• 

  How TikTok Evaded a Ban Again and Again, Until Now

  After a decisive loss at the Supreme Court, the app is set to be blocked in the U.S. starting Sunday, ending its streak of Houdini-like escapes.
  
  The New York Times - 8h
• 

  Even Before TikTok’s Troubles, Chinese Companies Were Wary of Washington

  Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
  
  The New York Times - 1d
• 

  Remote Work for Civil Servants Faces a Challenge Under Trump

  Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.
  
  The New York Times - 1d
• 

  U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21

  Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.
  
  The New York Times - 1d
• 

  If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025

  This year, older workers will have ways to save more for retirement, spend less on medicine and see other ways to improve their finances.
  
  The New York Times - 1d

More in Business

• 

  Trump Considering TikTok Ban Delay

  President-elect Donald Trump may grant an extension allowing TikTok to keep going beyond the ban.
  
  Inc. - 36m
• 

  A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses

  Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.
  
  The New York Times - 41m

• How ‘Mufasa: The Lion King’ Became a Sleeper Hit

  The “Lion King” prequel arrived to weak ticket sales last month, but moviegoers have since embraced it, pushing global box office returns toward $700 million.
  
  The New York Times - 41m
• 

  Fox News Prepares to Cover a Government Filled With Fox News Alumni

  President-elect Donald J. Trump has leaned heavily on familiar faces from the cable network as he fills out his second-term cast.
  
  The New York Times - 41m
• 

  ‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans

  The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.
  
  The New York Times - 41m