Business
Wendy's taps former Potbelly CEO to lead struggling burger chainNelson Peltz's Trian Fund Management is seeking funding to take Wendy's private, according to a Financial Times report.
May 20
Source: CNBC BusinessLive sentiment across markets & iGaming
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Lead StoryCrypto
EU opens MiCA consultation to review if crypto framework is still fit for purpose
The European Commission is seeking feedback on whether the EU’s landmark crypto regulatory framework remains suitable as digital asset markets and global policies evolve.
May 20Source: CoinDesk
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Business
Lowe's beats Wall Street expectations against 'challenging' housing backdropLowe's beat Wall Street expectations for its fiscal first-quarter earnings and reaffirmed its full-year guidance.
May 20
Source: CNBC Business
Business
Authentic Brands Group expects IPO in next 12 months as new CEO steps in, founder tells CNBCAuthentic Brands Group, the firm behind Reebok and Champion, is bringing in a public company veteran as its next CEO, signaling it's readying for an IPO.
May 20
Source: CNBC Business
Crypto
South Carolina Passes Law Banning CBDCs While Protecting Crypto Users, Bitcoin MinersThe crypto-friendly legislation was signed into law on Tuesday, granting protections to crypto users, developers, and Bitcoin miners.
May 20
Source: Decrypt
Crypto
Crypto campaign cash from Fairshake flooded Southern primaries, picked winnersThe leading industry super PAC claimed a "6-0 sweep" in the primaries in Kentucky, Alabama and Georgia, though one big race awaits a runoff.
May 20
Source: CoinDesk
Forex
Sources: ECB rate hike very likely in JuneA Reuters article is making the rounds saying that a June rate hike is "nearly sealed" ECB officials see a June rate hike as nearly certain, with persistent high energy costs keeping inflation pressures elevated. The ECB is likely to avoid committing to a July
May 20
Source: ForexLive
Crypto
Ethereum traders warn of a ‘nasty’ ETH price drop if $2K support breaksEthereum is flashing a warning of a familiar bearish pattern that preceded a 41% drop in January, raising risks of a fresh breakdown.
May 20
Source: Cointelegraph
Crypto
South Korean funeral company reveals $33 million loss on leveraged ether ETF betA Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.
May 20
Source: CoinDesk