Money


France plans new tax on 30 internet giants like Google, Amazon, Facebook France plans new tax on 30 internet giants like Google, Amazon, Facebook
- March 08, 2019

France on Wednesday introduced a bill to tax internet and technology giants such as Google and Facebook on their digital sales, putting it among a vanguard of countries seeking to force the companies to pay more in the markets where they operate. (more...)
Value of rare whisky rockets in Knight Frank's lucrative assets index Value of rare whisky rockets in Knight Frank's lucrative assets index
- March 08, 2019

In the 10 years to 2018, the value of rare whisky has surged nearly 600 percent. Ultra-high-net-worth individuals or some of the richest people in India are buying properties overseas, according to the Attitudes Survey conducted by global real estate consulting firm Knight Frank . (more...)
What Venezuelan Expats Think About The Country's Political Crisis What Venezuelan Expats Think About The Country's Political Crisis
- March 08, 2019

On Tuesday, a national holiday, he met public sector union leaders. With both political factions holding firm amid increasing deprivation for Venezuelans, some analysts speculate that they might be considering negotiations on an end to the standoff. (more...)
Justin Sun Calls Binance Coin(BNB) as the new Bitcoin Justin Sun Calls Binance Coin(BNB) as the new Bitcoin
- March 08, 2019

Binance Coin (CURRENCY:BNB) traded up 2.2% against the US dollar during the one day period ending at 9:00 AM ET on March 6th. When looking at all of the top 20 crypto markets, it quickly becomes apparent one particular listing outperforms everything else easily. (more...)
FDA commissioner Scott Gottlieb is resigning FDA commissioner Scott Gottlieb is resigning
- March 08, 2019

In January, Gottlieb said in a tweet that he did not plan to leave the agency after speculation that he planned to step down . Gottlieb handed in his resignation on Tuesday, after publically criticizing the drugstore chain Walgreens Monday for selling tobacco products to minors, "the company's stores have racked up nearly 1,800 violations across the country", he said in a statement . (more...)
Amazon reportedly closing all of its US pop-up stores; shares fall Amazon reportedly closing all of its US pop-up stores; shares fall
- March 08, 2019

The company two years ago acquired Whole Foods Market and the organic grocer's more than 460 locations. In a statement , an Amazon spokesperson shared that the choice to discontinue pop-up stores and expand Amazon Books came from an effort to offer wider options to in-person shoppers. (more...)
Dollar Tree Closing Up To 390 Stores This Year Dollar Tree Closing Up To 390 Stores This Year
- March 07, 2019

The Atlanta Journal Constitution reports that the chain, which is based in Matthews, North Carolina, will close underperforming stores and cut prices on almost 1,000 basic items. Starboard Value, which is best known for revitalizing Olive Garden's parent company Darden, reportedly owns roughly 1 percent of Dollar Tree. BREAKING: "We are confident we are taking the appropriate steps to reposition our Family Dollar brand". (more...)
Fashion chain Charlotte Russe closing, sales start at Phoenix-area stores Fashion chain Charlotte Russe closing, sales start at Phoenix-area stores
- March 07, 2019

USA Today reports the company had been facing bankruptcy for more than a year, initially announcing plans to renegotiate certain debts in hopes of a turnaround. The store had 512 locations in the USA and Puerto Rico, and employed 8,700 at the time of its bankruptcy filing. In a post on its website , the company said it is ceasing online sales and that merchandise is now on sale at its brick-and-mortar stores. (more...)
Bangladeshis leave phones, cameras in Uber cars UNB, Dhaka Bangladeshis leave phones, cameras in Uber cars UNB, Dhaka
- March 07, 2019

These range from strollers and knee pads to ukuleles, crocs (people still wear them?) and even live fish! The most forgettable days of the year included New Year's Day and Halloween, with riders being the most forgetful on Saturdays and Sundays, and late at night between 11 p.m. (more...)
Mark Zuckerberg Outlines New Plan to Build 'Privacy-Focused' Facebook Mark Zuckerberg Outlines New Plan to Build 'Privacy-Focused' Facebook
- March 07, 2019

Facebook's current model is focused on its users publicly broadcasting information about their lives to their network through photo sharing and status updates. The Facebook CEO confirmed his company is considering deleting messages by default after a month or a year, allowing users to opt out if they wish. (more...)
FDA warns of asbestos in Claire’s makeup; company disputes FDA warns of asbestos in Claire’s makeup; company disputes
- March 07, 2019

Three products from Claire's and one from Justice were found to contain asbestos, the FDA said. The agency said it intends to review cosmetics manufacturers' safety procedures, particularly with regard to asbestos. The FDA also detected asbestos in a product by pre-teen retailer Justice, which had already been recalled in 2017. FDA officials became aware of the problem when Justice Stores, LLC recalled eight cosmetic products in September 2017, and when Claire's Stores Inc. (more...)
Volkswagen’s retro electric dune buggy has arrived Volkswagen’s retro electric dune buggy has arrived
- March 07, 2019

Buggy to reach production anytime soon. Designed as a sand runner, the buggy is 160 inches long (9 inches shorter than a Beetle), and ground clearance is 9.4 inches. Inside, the headrests and seatbelt latches are integrated into the seats, the hexagonal steering wheel is covered in water-repellent Nappa leather, and a longboard outfitted with miniature wheels and tires to match the Buggy's 18-inch rollers and BFGoodrich All-Terrain rubber is strapped down in back. (more...)
BMW could shift some engine production out of United Kingdom: board member
- March 07, 2019

Zyl said Brexit planning had come at a "huge cost" and warned Britain needed to secure a frictionless trade deal with the EU. Schwarzenbauer said BMW might be forced to stop producing certain vehicle models at its plant near Oxford. Even with a Brexit deal, he told Sky News "no promises could be made", adding: "We are pressing for a deal and that's what we'd like to see". "If a delay is necessary, then it should at least continue for some time". (more...)
New Tesla Supercharger can give 1000 miles of charge per hour New Tesla Supercharger can give 1000 miles of charge per hour
- March 07, 2019

Stations' power will no longer be shared between Teslas , which could slow down charging rates, but each vehicle will have its own dedicated power supply. Tesla expects this to result in average charging sessions of about 15 minutes. Even at their present rate of ~120kW per vehicle, Tesla's V2 superchargers are already among the fastest and most expansive electric vehicle charging networks in the industry. (more...)
Gaming billionaire fortunes shrinking: Forbes list 2019 Gaming billionaire fortunes shrinking: Forbes list 2019
- March 07, 2019

The Forbes Annual Billionaire list is the most prestigious and recognized platform that measures the wealth of the world's richest every year. Also on the list is Nigeria's first female billionaire Folorunsho Alakija with a net worth of $1.1 billion. (more...)
Trump calls Apple CEO Time Cook - ‘Tim Apple’ Trump calls Apple CEO Time Cook - ‘Tim Apple’
- March 07, 2019

A report in CNBC recalled Trump's bitter criticism of Apple in the past. President Trump is known for using nicknames and "mispronouncing names" of rather known people such as " Jeff Bozo " in reference to Jeff Bezos of Amazon. According to Apple Insider , the gaffe occurred during the end of the meeting. "We believe strongly that it should be a requirement in the United States for every kid to have coding before they graduate from K-12 and become somewhat proficient at it", Cook ... (more...)
China to slash taxes, boost lending to prop up slowing economy China to slash taxes, boost lending to prop up slowing economy
- March 07, 2019

China is bracing for its worst annual growth in three decades as it warned that the world's second-largest economy faces a "tough struggle " in 2019. The European Union Chamber of Commerce in China, which has voiced concerns that the foreign investment law was being fast-tracked, cautiously welcomed the government report. (more...)
U.S. and China closer to rubberstamp a trade deal by March 27th U.S. and China closer to rubberstamp a trade deal by March 27th
- March 07, 2019

The U.S. and China are said to be close to an agreement that would see China open up its markets to U.S. goods in return for the U.S. eliminating most of the tariffs it had imposed on Chinese products. Chinese negotiators have also offered to speed up the timetable for removing foreign-ownership limits on auto ventures and to reduce tariffs on imported vehicles to below the current 15 percent rate, according to the Journal. (more...)
Prime Minister Justin Trudeau cancels visit to Regina
- March 06, 2019

The departures of the two ministers show that women who speak truth to power and have strong principles need not seek cabinet posts, the NDP's women's-equality critic Irene Mathyssen agreed on Tuesday. A motion was put forward at the committee to have Wilson-Raybould return to respond to Butts' testimony, but it was defeated by the Liberal majority on the committee. (more...)
QuadrigaCX mystery intensifies after cold wallet found empty QuadrigaCX mystery intensifies after cold wallet found empty
- March 06, 2019

The high-profile search for $190 million in missing cryptocurrency owed to users of the beleaguered QuadrigaCX trading platform has turned up a small amount of digital assets, but the intrigue surrounding the case deepened Friday as investigators pointed to a series of transactions they can't explain. (more...)

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