Bitcoin Endured a Rocky Day. What's Behind the Selloff
It should have been a happy day for Bitcoin, but it’s turned into a rout.Bitcoin was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.Other cryptos were also ailing, including Ethereum , down 12% to $3,460.The selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum
Amazon's new union battle: Teamsters go local to snarl expansion
SAN FRANCISCO - In June, the International Brotherhood of Teamsters, $one$ of the nation’s largest and most influential unions, vowed to make organizing the Amazon.com Inc workforce a top priority.$Two$ months later, details of the Teamsters’ ground game are starting to take shape, Reuters has learned from interviews with local union leaders. While organizing workers is the ultimate aim, the short-term strategy is one of disruption.Over the past year, the Teamsters have raised concerns about Am