The cryptocurrency company Coinbase said on Thursday that it had filed confidentially for an initial public offering with the Securities and Exchange Commission. Coinbase, which is based in San Francisco, has become the most valuable American cryptocurrency company by making it easy for people to buy and sell Bitcoin and other digital tokens. The firm takes a fee each time a customer places a trade order. When the company last raised private funding in 2018, it was valued at $8 billion.
The National Labor Relations Board said on Thursday that it had found merit in a complaint that Amazon wrongfully fired a warehouse worker in retaliation for organizing colleagues concerned about pandemic safety conditions. Kevin Petroccione, a congressional liaison for the National Labor Relations Board, said if Amazon did not settle, the board would file a formal complaint against the company.
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