Markets

FOX Business Briefs 4/29

GM net income slid in the first quarter on weaker sales of trucks, SUVs; Trump to soften blow of automotive tariffs; UPS to cut 20,000 jobs; Coca-Cola says market is ‘manageable’ despite loss of net revenue; Royal Caribbean is raising its forecast.

US solidifying itself as bitcoin mining hub

Bitcoin miners are flocking to the U.S. where energy is more accessible along with friendly capital markets and a wide pool of talent, according to a new study.