Money


Jon Stewart comes to aid of goats found on subway tracks Jon Stewart comes to aid of goats found on subway tracks
- August 21, 2018

It captioned the image: "Two very baaaaad boys". "We're told they were munching grass", MTA spokesman Jon Weinstein told the Times in what is probably the best update any MTA spokesperson has ever had the pleasure to deliver. "BREAKING: Wayward goats faster than N train". Later, Farm Sanctuary arranged to pick the animals up for transport to the sanctuary in Watkins Glen, N.Y., in the bucolic environs of the Finger Lakes. (more...)
Contact Lenses Are a Surprising Source of Pollution
- August 21, 2018

After noticing that very little research has looked at what happens to old contact lenses, Arizona State University researchers conducted a survey of 139 individuals, both lens wearers and non-wearers. He said he thinks the research can help "start a dialogue with the producers of contact lenses and to work with them to take better care of the material flow" - and to encourage them to include instructions on their packaging to let consumers know to toss them in the trash. (more...)
Gatwick Airport Chaos Blamed on Broken Vodafone Fibre Cable Gatwick Airport Chaos Blamed on Broken Vodafone Fibre Cable
- August 21, 2018

An IT problem is causing London's Gatwick Airport to adopt an old school approach to relaying information to passengers. Twitter user Helen Walsh wrote: "Absolute carnage at Gatwick Airport with no boards working and no staff with gate info". (more...)
Pepsi buys SodaStream for a future beyond cola Pepsi buys SodaStream for a future beyond cola
- August 20, 2018

Purchasing the Israeli company, known for DIY seltzer makers like the SodaStream Mix , will push Pepsi's image in a health-focused direction, according to CNN . "Together, we can advance our shared vision of a healthier, more sustainable planet". SodaStream sells machines that carbonate tap water. "PepsiCo is finding new ways to reach consumers beyond the bottle". (more...)
Tesla shares down 8 percent after Musk's weird interview Tesla shares down 8 percent after Musk's weird interview
- August 20, 2018

Investors must have gotten unnerved. Musk told the Times on Thursday that he has been under enormous pressure from his workload. That morning Musk left his house and drove to the airport, while on his way to the airport he wrote up the now infamous tweet. (more...)
Nvidia Reports 'Substantial Decline' in GPU Sales to Crypto Miners Nvidia Reports 'Substantial Decline' in GPU Sales to Crypto Miners
- August 19, 2018

The mining of cryptocurrency tokens such as Bitcoin, computer code that carries value in online transactions, had helped stoke demand for graphics chips. Trip Chowdhry of Global Equities Research said in a note to clients that the "secular growth trends" in data centers remains, and it's "not stopping anytime soon". (more...)
Explainer: It will be tough for Trumps SEC to overhaul reporting rules Explainer: It will be tough for Trumps SEC to overhaul reporting rules
- August 19, 2018

Regulators have said that quarterly reporting acts as an essential check and balance on the market , but many companies complain that it is overly bureaucratic and gives an artificial, short-term view of their performance. "It's cockamamie idea. For starters, what's the difference between six and three months?". "So we're looking at that very very curiously, we're looking at twice a year instead of four times a year". (more...)
Rescuers deal with fire in Italian bridge rubble before day of mourning Rescuers deal with fire in Italian bridge rubble before day of mourning
- August 18, 2018

Italy's head of state, President Sergio Mattarella, and Prime Minister Giuseppe Conte attended the ceremony as well as Transport Minister Danilo Toninelli. It has been the stuff of macabre legend for years - that those who cross the Sicilian mafia end up encased in the concrete pylons of viaducts and bridges. (more...)
New US foreign investment law could block Saudi Tesla buyout New US foreign investment law could block Saudi Tesla buyout
- August 18, 2018

The serving of a subpoena, which typically requires the approval of top SEC officials, indicates that an inquiry has advanced to a more formal, serious stage. Now, some may be wondering what the big deal is. Elon Musk, CEO of Tesla Motors Inc., unveils the companyís newest products, Powerwall and Powerpack in Hawthorne, Calif., Thursday, April 30, 2015. (more...)
Tesla Stock Drops As Elon Musk Unloads On 'Excruciating' Year Tesla Stock Drops As Elon Musk Unloads On 'Excruciating' Year
- August 18, 2018

Musk branded the 72-year-old "evil" and "a bad human being" saying his father had done "almost every evil thing you can possibly think of". When asked if he regretted his Twitter post, Musk replied: "Why would I?" The company, which makes electric cars as well as batteries and solar panels, has been hit by questions about the production ramp-up for its Tesla Model 3 vehicle and its workplace practices. (more...)
Wall Street recovers on ebbing concerns Wall Street recovers on ebbing concerns
- August 18, 2018

The Nasdaq composite rose 17 points, or 0.2 percent, to 7,856. Investors worry Turkey's turmoil could affect the global banking system and economy. Tapestry, the parent company of Coach and Kate Spade, jumped after its fourth-quarter results surpassed analysts' estimates. (more...)
Turkey refuses to release pastor despite threat of U.S. sanctions Turkey refuses to release pastor despite threat of U.S. sanctions
- August 18, 2018

The White House is sending a clear message to Turkey that it must release American pastor Andrew Brunson to ease the growing tensions between the two countries. The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 percent against the dollar. The slide sent jitters across emerging market currencies. (more...)
Turkey reiterates refusal to release detained U.S. pastor Turkey reiterates refusal to release detained U.S. pastor
- August 18, 2018

Since then the South African rand has fallen by the most in a decade, the Mexican peso has slumped and the Turkish lira has lost more than 40 per cent of its value since the start of the year. Also worrying investors has been President Recep Tayyip Erdogan's refusal to allow the central bank to raise interest rates to support the currency, as experts say it should. (more...)
More than 1,000 Google workers protest censored China search More than 1,000 Google workers protest censored China search
- August 18, 2018

Google officials are also requested to have internally visible communications regarding “any new areas of substantial ethical concern”. In the letter , which was obtained by The New York Times , employees wrote that the project and Google's apparent willingness to abide by China's censorship requirements "raise urgent moral and ethical issues". (more...)
Turkey reiterates refusal to release detained USA pastor Turkey reiterates refusal to release detained USA pastor
- August 17, 2018

In a tweet later on Thursday, Trump said the United States "will pay nothing " for Brunson's release, "but we are cutting back on Turkey! ". Turkey has been rocked in recent days by a sharp decline in the value of its lira after US President Donald Trump tweeted last Friday that Washington was doubling aluminum and steel tariffs for Ankara . (more...)
Trump Says U.S. Won't Pay Turkey for Pastor's Release
- August 17, 2018

USA officials maintain there is no credible evidence against Brunson , and the Trump administration has negotiated for weeks to secure his release. Washington warned on Thursday that it would impose more sanctions unless pastor Andrew Brunson , described by US President Donald Trump as a "hostage", was released. (more...)
Turkish lira rallies as Qatar makes $15 bil. loan pledge Turkish lira rallies as Qatar makes $15 bil. loan pledge
- August 17, 2018

In remarks at Thursday's Cabinet meeting, Trump voiced his disappointment with Turkey in personal terms, saying the country has "not proven to be a good friend". And Turkey is pushing back hard, sharply raising tariffs on a range of American goods in retaliation to the tariffs imposed last week by President Trump. (more...)
Turkey says ready to discuss issues with U.S. without threats Turkey says ready to discuss issues with U.S. without threats
- August 17, 2018

The Turkish Foreign Minister, in turn, stressed that Ankara has never supported the anti-Russian sanctions and will never support anti-Iranian ones either. TRT World 's Andrew Hopkins reports from Ankara . In response, Turkey raised tariffs on several USA -made goods, including alcohol and tobacco products and vehicles. (more...)
China says USA solar tariffs violate trade rules, lodges WTO complaint China says USA solar tariffs violate trade rules, lodges WTO complaint
- August 17, 2018

President Trump said Wednesday that tariffs are propelling the U.S.to better trade deals, defending his trade wars amid a new round of strong economic reports from the government. China has tried to portray itself as a defender of the WTO's trade system. "Other Countries should not be allowed to come in and steal the wealth of our great United States of America". (more...)
Ethereum (ETH) Price Hits Nine-Month Low, Plunges Below $300 Ethereum (ETH) Price Hits Nine-Month Low, Plunges Below $300
- August 17, 2018

And bitcoin is still performing better than other popular cryptocurrencies. As of 20:33 UTC, the digital coin is changing hands at $289.9, nearly 10% down on the day, according to Coins.Online data. Although Bitcoin has fallen almost 30% from its monthly highs, altcoins have been especially affected by the market decline. A major drop of the crypto market in the short-term is still a possibility, given that the corrective rally of the market was not as strong as investors hoped it ... (more...)

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