Bye Helicopters? Flying Taxis Quieter and Safer, Wall Street Banker Believes
A new technology may set to revolutionize transportation and it might hit investments soon. It's okay to bank and speculate on flying taxis. This is what Wall Street investment banker, Ken Moelis, implied.
Feb 14, 2021 8:41 PM EST
Elon Musk Calls for 'Carbon Tax,' Tesla to Benefit?
In a podcast, Elon Musk shared what he thinks is the best way to reduce carbon dioxide emissions - something is that is not popular at all.
Fraud Victim Gets Refund After Chasing Both Microsoft and Tesco
As most scams go where most victims just cry and do nothing to fight back, it is apparent that Lesley Urwin is no ordinary mom.
$2.3T Deficit Likely to Change After President Biden COVID-19 Relief Plan
If Biden plan does not push through, this year's deficit will equal 10.3% of the Gross Domestic Product, which is a measure of the total value of the economy's goods and services.
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$1400 Stimulus: Ways to Spend Your Check Based on Finances
Below are some ideas on what you should use the money with so that you do not end up wasting these new funds.
Feb 12, 2021 12:54 AM EST
Facebook Overpaid Billions in Penalties to Protect CEO Mark Zuckerberg?
Facebook allegedly paid $4.9 billion over accusations on users' privacy. But, why? Facebook Inc. may have shelled out $4. 9 billion more than the maximum penalty it faced under a settlement agreement with regulators linked to accusations that it did not handle its users' privacy well.
Feb 10, 2021 11:11 PM EST
Uber Barely Survived 2020, Mixed Q4 Performance Shows
At present however, the company is still losing about $1 billion a quarter on a GAAP basis. One way to describe how Uber did against expectations is that "it could have been worse."
Feb 10, 2021 11:00 PM EST
TikTok Sale to Walmart, Oracle Halted By Biden Administration
President Biden reportedly stopped a controversial landmark action by his predecessor Donald Trump, who can be remembered to have called it a a threat to national security.
Feb 10, 2021 9:38 PM EST
Asia Stocks Hit Record High Over Higher Hopes Triggered By President Biden's Stimulus Package
These factors certainly fanned optimism about a global recovery from the pandemic, even if COVID-19 is yet to be driven away from this world.
Feb 10, 2021 8:00 AM EST
Invite-Only, Facebook Alternative Clubhouse Banned in China After Brief, Uncensored Period
The app allowed thousands of Chinese users to engage in uninterrupted and non-monitored discussions with people abroad about democracy, Taiwan and other sensitive topics
Feb 10, 2021 5:30 AM EST
Tesla Bitcoin Leak: Reddit Insider Comes Clean About Knowing Elon Musk's Cryptocurrency Investment
There was no leak, just some fun made-up prediction that actually came true. A Reddit poster who claimed to have some insider information of Tesla Inc's (NASDAQ: TSLA) investment in Bitcoin (BTC) alleged that the information he shared to the public back on Jan.
Feb 10, 2021 4:36 AM EST
Next Warren Buffett? 12-Year-Old South Korean Kid Gains 43% of Stocks
"Rather than short-term focused day trading, I want to keep my investment for 10 to 20 years with a long-term perspective, hopefully to maximize my returns."
Feb 09, 2021 8:35 PM EST
Robindhood Allegedly Caused 20-Year-Old to Take His Own Life Over Wrong Lost Money
Allegedly, Alex Kearns, a then-sophomore at the University of Nebraska at Lincoln, thought he had a negative $730,165 cash balance on Robinhood
Feb 09, 2021 2:52 AM EST
Jeff Bezos Might Leave Washington Soon For $2 Billion Yearly Tax
According to legislators, Amazon's CEO would owe about $2 billion a year in state income taxes under Washington's proposed wealth tax.
Feb 09, 2021 1:00 AM EST
US Treasury's 30-Year Yield Interest Rates Hit Highest Over Stimulus Impact
Why are yields rising in the first place even though the COVID-19 pandemic is far from over? Yields on U. S. Treasuries are rising once more, given how expectations of an economic rebound are rising as well.
Feb 08, 2021 10:58 PM EST
Tesla Bitcoin: What if Apple and Other S&P Companies All Invest in Crypto?
After the Tesla fiasco on bitcoin purchase, which other companies are going to follow their direction?
Feb 08, 2021 8:55 PM EST