Japan's R&I Helps Hong Kong Funds by Reaffirming Top US Credit Rating
The rating company, called R&I for short, re-affirmed that it will stick with its triple-A credit rating for the US, even though the three major global agencies have downgraded the debt, and as concerns mount that President Donald Trump's fiscal package inflates the government deficit.
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SharpLink Reveals $601 Million Ethereum Buy as ETH Rally Cools
SharpLink Gaming purchased $601.5 million Ethereum last week, its largest ETH buy over the past month, the company announced on Tuesday. The online gambling marketer, which has shifted its focus to become an Ethereum treasury, purchased 143,593 ETH at $4,648 between August 10 and August 15, the company said. That brings SharpLink's holdings to 740,460 ETH worth a little more than $3 billion as of writing time. Ethereum was recently trading at $4,124, down 5.9% in the past 24 hours, according to crypto data provider CoinGecko, as investors fretful about U.S. inflation and wider macroeconomic uncertainties veered away from digital assets along with other risk-on assets. The purchase comes as SharpLink speeds toward its goal of acquiring 1% of all circulating ETH, or more than 1.2 million ETH, spearheading a market frenzy that nearly sent the altcoin's price to an all-time high last week. In a Myriad Linea market, 72% of respondents expect SharpLink to hold one million ETH by September 16. (Disclosure: Myriad is a prediction market and engagement platform developed by Dastan, parent company of an editorially independent Decrypt). Ethereum was trading above $4,700 last Thursday, roughly 2% below its record price of $4,878 in 2021 as institutional investors poured billions into spot ETH ETFs. Since then, the token has fallen more than 10% amid heightened tensions between Russia and Ukraine and ahead of the release of more U.S. economic data this week. SharpLink recently raised $390 million in net proceeds from its registered direct offering that closed on August 11. The company also raked in $146.5 million from its ATM facility last week, the proceeds of which will also go toward bolstering its ETH treasury. Bitcoin Could Keep Surging to New Highs Into 2026, Says Bernstein The company is one of several ETH-based treasuries that has been buying up the token over the past year. Tom Lee's crypto mining firm Bitmine Immersion became the largest Ethereum treasury in the world, with ETH holdings worth $6.6 billion, the company said Monday in a statement. Meanwhile, EtherMachine and Bit Digital boast stockpiles of the altcoin worth more than $1 billion and $500 million, respectively. SharpLink shares were trading at $18.47 on Tuesday, down 8% in the past 24 hours but up 128% in the year to date, according to Yahoo Finance data. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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Fence and Deck Depot Unveils Mold-Resistant Option for Unmatched Durability in St. Charles, MO
Saint Charles, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Fence and Deck Depot, located in St. Charles, Missouri, is rolling out a new line of mold-resistant decking this fall. This addition responds to the increasing humidity that often creates challenges for homeowners. Their goal is to offer durable and practical products for outdoor living spaces. As the weather shifts and humidity rises, mold tends to become a common issue for deck owners. Fence and Deck Depot is addressing this problem by offering mold-resistant decking materials. These materials are crafted to endure the tough conditions typical of the fall season. Homeowners in St. Charles and nearby areas can look forward to an easier maintenance routine and less worry. The mold-resistant decking brings a lot to the table. By keeping mold at bay, it holds onto its look and lasts longer than traditional materials. This means fewer cleaning tasks and maintenance jobs. This new option shows the company's commitment to meeting the changing needs of their customers. "We're excited to bring mold-resistant decking to our clients," a representative from Fence and Deck Depot said. "We want to help people make the most of their outdoor areas without worrying about upkeep during the change of seasons. This material not only boosts a home's look but also provides sturdy, long-term protection." This launch fits into Fence and Deck Depot's larger plan to broaden their deck offerings. They also have a variety of deck styles and materials, such as composite, vinyl, and wood. By adding this mold-resistant technology, they show their commitment to top-notch service and customer satisfaction. Fence and Deck Depot doesn't just stop at decks. They're a leading name among St. Charles, MO Deck Builders and also provide all kinds of fencing solutions. They install everything from privacy and pool fences to garden fences using wood, aluminum, and vinyl. Each product is made with an eye for detail, making sure they look good and serve their purpose well. "Our team is dedicated to offering outdoor solutions that are both beautiful and dependable," the media relations representative added. "Adding mold-resistant decking fits right in with this promise. We believe it will greatly improve our customers' outdoor experiences." This new mold-resistant decking highlights Fence and Deck Depot's status as a trusted name in outdoor home improvements. They stick to their mission of delivering top-notch service and products to clients in both Missouri and Illinois. For anyone interested in upgrading to mold-resistant decking, more details are available on their website. The site offers full information about their services and the materials they offer for decks and fences. They also encourage potential clients to reach out for a consultation to discuss individual needs and explore suitable materials. With over 20 years of experience, Fence and Deck Depot has made a name for itself in the world of outdoor home improvements. They keep finding ways to innovate and adapt to what homeowners need. This new addition to their products works as a strong defense against the weather, enhancing how enjoyable outdoor spaces can be. Customers in the area are welcome to see this advancement and the peace of mind it offers. Visit their website for more information about their services and to schedule a consultation. Revent News: Fence and Deck Depot's Essential Guide: How to Fix Backyard Safety Hazards and Make Them Safe for The Family ### For more information about Fence and Deck Depot - St. Charles, MO, contact the company here:Fence and Deck Depot - St. Charles, MOMedia Relations(636) 441-7374info@ South DrSt. Charles, MO 63303 CONTACT: Media RelationsSign in to access your portfolio
Yahoo
13 minutes ago
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Ancora urges CSX to pursue merger or replace CEO amid rail industry shakeup
(Reuters) -Activist investor Ancora Holdings, in a letter to CSX board disclosed on Monday, urged the railroad to pursue near-term merger options or replace CEO Joe Hinrichs. The activist investor urged the railroad to evaluate potential tie-ups with Berkshire Hathaway-owned BNSF Railway and Canadian Pacific Kansas City in order to determine the best merger partner. It warned that once Norfolk Southern and Union Pacific start operating as a unified transcontinental network, CSX stands to lose the most. "If a deal cannot be struck, we assume it will not take us running a proxy contest to ensure a qualified operator replaces Mr. Hinrichs," the activist investor said. Ancora criticized CSX for failing to engage with Union Pacific earlier this year. "This seems to be the type of mistake a railroad would make when it has an inexperienced and insecure CEO." It also argued that regulators may find it easier to review multiple rail mergers simultaneously, "getting something done as early as possible during the pro-business Trump Administration should also be a priority," it said. "Shareholders cannot afford more missteps as CSX plays catch-up in the rail consolidation race," Ancora said. CSX told Reuters it welcomes opportunities to enhance shareholder value and appreciates input from its investors. Ancora's letter, sent privately to the board of CSX on August 6, comes as Union Pacific has signaled its intent to acquire smaller rival Norfolk Southern in an $85 billion deal that would create the first U.S. coast-to-coast freight railroad and reshape the movement of goods and grain nationwide.
