Cubans embrace cryptocurrencies amidst pandemic

Cuban residents are participating in the world of cryptocurrencies and electronic wallets as a practical solution to the financial sanctions imposed by the United States and the difficulties brought by the coronavirus pandemic.

Online calculator Watershed measures the climate impact of remote work policies

An online tool from data analytics startup Watershed enables users to input various kinds of info to help gauge whether changing remote work policies will increase or decrease emissions — and by approximately how much.How it works: Right now the public calculator from Watershed — whose clients include Shopify and Stripe — models five regions: San Francisco, New York City, Houston, London and Toronto.Get market news worthy of your time with Axios Markets. Subscribe for free.The calculator arrives as many companies and organizations are giving employees the option to continue remote work — partially or completely — after the pandemic.Inputs for current policy and projected policy changes include…The number of employees and how many days per week they’ll be in the office.Employees’ living patterns (suburbs vs. urban cores) and commuting methods — cars, trains or biking and walking.The size of offices, which matters for their use of power and natural gas.Whether the company buys clean power and gives that option for remote workers.Go deeper: How bitcoin and remote work impact the climate fightLike this article? Get more from Axios and subscribe to Axios Markets for free.

Company News for Mar 25, 2021

Shares of Enerpac Tool Group Corp. EPAC fell 6.7% after the company reported fiscal second-quarter 2021 adjusted earnings per share of $0.06, missing the Zacks Consensus Estimate of $0.12. AAR Corp.’s AIR shares rose 1.9% after the company delivered fiscal third-quarter 2021 adjusted earnings per share of $0.37, beating the Zacks Consensus Estimate of $0.31. GameStop Corp.’s GME shares dipped 33.8% after the company reported fiscal…

Why Are Cryptocurrencies So Volatile? It’s Normal. Here’s Why.

Surely, the value of cryptocurrencies has risen. When the pioneer cryptocurrency, Bitcoin (BTC), launched in 2009, it wasn’t until 2010 that it was first used in a financial transaction: A Florida man paid 10,000 BTC for two large pizzas. At the time, BTC barely had any value (about $0.003). Years later, the internet won’t get enough […]