KoBold is part of something called the Disko-Nuussuaq project, a mining effort to drill for minerals along Greenland’s western coast. It has also secured a Mineral Exploration License for Disko Island—which is located off Greenland’s west coast—for the years 2024-30.

Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.

Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”

Howard Lutnick, President Donald Trump’s pick to run the Commerce Department, said in his Senate hearing that he plans to sell all his business stakes if confirmed and for the first time acknowledged a bond his firm has with a controversial cryptocurrency client.

Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.

Democratic Senator Elizabeth Warren is pressing Commerce secretary nominee Howard Lutnick on connections he and his firm Cantor Fitzgerald LP have with a company that’s the go-to cryptocurrency of the criminal world,

Cantor Fitzgerald CEO and Commerce Secretary nominee Howard Lutnick became visibly emotional at his confirmation hearing Wednesday as he recalled the more than 650 employees — including his

Howard Lutnick, who has agreed to divest his financial interests if he is confirmed, is one of several allies of President Trump who have held or explored potential mining investments on the island.

Cantor Fitzgerald has a convertible bond with Tether, incoming Commerce Secretary Howard Lutnick said at his confirmation hearing, confirming previous reporting by The Wall Street Journal that

Howard Lutnick, President Donald Trump's nominee for Commerce Secretary and CEO of Cantor Fitzgerald, says the firm has no equity in Tether, a controversial crypto firm. But he does say Cantor owns a convertible bond with Tether.

Howard Lutnick, the Wall Street executive in line to run the Commerce Department and champion tariffs in the Trump administration, also has a lesser-known persona: inventor.