Bitcoin sinks below $30,000 for first time since January

LONDON (Reuters) – Bitcoin fell below $30,000 for the first time in nearly five months as China’s latest crackdown on cryptocurrencies weighed.

The world’s largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27. As of 1232 GMT it was down 4.2%.

Carl Nassib becomes first active NFL player to come out

(CNN Business)Sports apparel retailer Fanatics said Carl Nassib has the top-selling NFL jersey on its network over the past two days.

ESPN was first to report the news.
Nassib, a defensive lineman with the Las Vegas Raiders, announced Monday that he is gay. He’s the first active NFL player in league history to make such an announcement.

A spokesperson for Fanatics said that the company does not release specifics about sales figures.

The athlete, 28, has played five years with three teams and is entering his second season with the Raiders. He said in a statement accompanying a video announcement that he had agonized over the decision to share he was gay for 15 years.

Nassib added that he was a private person and wasn’t seeking publicity.

“I just think that representation and visibility are so important,” Nassib said in the video announcement. “I actually hope that one day videos like this and the whole coming out process are just not necessary. But until then, I’m going to do my best and do my part to cultivate a culture that’s accepting, that’s compassionate.”
– Jill Martin and Steve Almasy contributed to this report

Pelosi plans to create a select committee to investigate the Jan. 6 insurrection

WASHINGTON – Speaker Nancy Pelosi, D-Calif, told Democratic House members Tuesday that she will create a select committee to probe the January 6 attack and insurrection, a source familiar told USA TODAY.  

The details of the select committee are not yet known. Pelosi informed members of the House’s Steering and Policy Committee Tuesday night she would create a select panel.

The announcement comes nearly one month after Senate Republicans blocked a bipartisan commission proposed to study the U.S. Capitol riot. 

That legislation had passed successfully through the House, and Pelosi had said that she would explore other avenues to investigate the deadly attack after its failure to advance in the Senate.

The select committee was one of several options the Speaker had been considering after the Senate GOP blocked the commission legislation, which they called partisan and unnecessary as the Justice Department is already prosecuting more than 445 suspects in the attack, and more arrests are expected.

A pro-Trump mob stormed the Capitol on January 6, attacked police officers and ransacked the building in an attempt to stop Electoral College certification.

This story is breaking and will be updated.

Morrisons takeover latest, lower government borrowing and Andy Murray’s new investment

Sky’s Ian King takes a look at the latest in the Morrisons takeover bid and how it’s affected trading.

Plus, the government’s borrowing is lower than it was last year – but is still at its second highest level.

And tennis star Andy Murray talks about how the rapper Pitbull encouraged him to invest in an organic sports drink.

China's Dingdong targets over $6 billion valuation in U.S. IPO

(Reuters) – Chinese grocery app Dingdong said on Tuesday it was aiming for a valuation of over $6 billion in its initial public offering in the United States.

Touring American Pop Music by Way of the Writers Who Have Addressed It

By Dwight Garner

When you purchase an independently reviewed book through our site, we earn an affiliate commission.

“How much history,” the critic Robert Palmer asked in “Deep Blues” (1981), “can be transmitted by pressure on a guitar string?”

The Changing Face of Female Leadership, a Times Event

What is different when women lead? Hillary Clinton, Greta Thunberg and others discuss women’s role in shaping the future.

By The New York Times

Mexican utility CFE's $16 billion investment plan faces risks -Moody's

MEXICO CITY (Reuters) – Rating agency Moody’s Investors Service said on Tuesday that Mexican state utility CFE’s investment plan of 326.5 billion pesos ($16.09 billion) through 2026 faces financial and execution risks.

Moody’s said CFE could face reduced access to debt markets in the future due to a lack of clear policies on renewable energies and carbon emissions reductions by the Mexican government and the company.

($1 = 20.2950 Mexican pesos)

KLP divests Adani stake on Myanmar army links

Nordic fund had put $1 mn in port unit

Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Ltd. on the grounds the firm’s links with the Myanmar military breach the fund’s responsible investment policy, KLP said.

Adani Ports has been under scrutiny from international investors over its project to build a container terminal in Yangon on land leased from a Myanmar military-owned conglomerate.

A military coup in Myanmar on February 1 and an ensuing crackdown on mass protests in which hundreds have been killed has drawn international condemnation and sanctions on military figures and military-controlled entities.

“Adani’s operations in Myanmar and its business partnership with that country’s armed forces constitutes an unacceptable risk of contributing to the violation of KLP’s guidelines forresponsible investment,” KLP said. The fund had an investment of $1.05 million in Adani Ports at the time of its decision, it told Reuters