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Square says bitcoin demand slowed in Q3 but picked back up in October; earnings weigh on stock

Square Inc. reported lower-than-expected revenue for the third quarter as less volatile pricing for bitcoin impacted demand, though the company's chief financial officer noted "strength" in volume during October. Read More...

Reuters

Kushner investment firm ramping up activities with new hires

Jared Kushner’s global investment firm, Affinity Partners, plans to add two senior partners and is seeking to raise several billion dollars as it begins to ramp up its activities, a person familiar with the plan said on Thursday. Kushner, who was a top adviser to former President Donald Trump but has stepped away from politics for the time being, is expected to bring in two long-time private equity executives, Bret Perlman and Asad Naqvi, as senior investment partners, the person told Reuters.

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