Business

Bitcoin has topped $30,000 for the first time, extending a rally that saw its value climb by 300% in 2020. The cryptocurrency rose to as high as $31,824 early on Saturday – just two weeks after passing the $20,000 mark. Its rise has been attributed to traders increasingly betting on it becoming a mainstream payment
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Lord Sugar, the Amstrad founder and star of The Apprentice, is fuelling a landlord-led revolt against a rescue deal for Caffe Nero, the struggling chain of coffee shops. Sky News has learnt that Amsprop Investments, the peer’s private commercial property group, is among seven parties which have lodged a legal challenge aimed at blocking Caffe
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Here’s our rundown of the 10 storylines set to dominate the international film business in 2021. Covid, of course What a difference a year makes. The pandemic that pretty much no one foresaw has re-shaped the entire world, including the entertainment business. 2021 will give us a better idea of which aspects of that re-shaping
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Amid an avalanche of awful Covid-19 news on Wednesday, Los Angeles Mayor Eric Garcetti announced a renewed focus on preventing gatherings ahead of New Year’s Eve. “Nobody should be gathering in a big party and nobody should be gathering in a small party, as well,” said the mayor. “Do NOT get together with others on
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House leaders paid tribute to Luke Letlow, the 41-year-old congressman-elect from Louisiana who died on Tuesday after being hospitalized for complications from Covid-19. He was set to take office next week. Andrew Bautsch, a spokesman, confirmed the the Associated Press that Letlow died at Ochsner-LSU Health Shreveport. “Our hearts break tonight as we process the
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The Los Angeles County Department of Public Health is urging the film and TV industry to consider pausing production for a few weeks during the ongoing surge in coronavirus cases throughout the county. “Although music, TV and film productions are allowed to operate,” the health department said, “we ask you to strongly consider pausing work
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