Costco's Gold Bars Part II: From Africa to the Alps to You
So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.
Apr 26, 2024 01:26 PM EDT
A Modern Neo-Feudal State, The Tech Lords Ushering in a Return to the Medieval
If ever such tech lords decide that their will should supplant that of the majority's, or that through their influence they might alter the course of history by sustaining one country's war of aggression on another or by manipulating the political landscape, democracy will be the casualty - in America and throughout the world.
The Federal Reserve's 'Death Star'. The Battle Over America's Wallets.
The CBDC debate continues. Concerns over the exploration of the creation of a central bank digital currency in the United States, commonly referred to as a CBDC, has some lawmakers up in arms regarding its potential for increased government surveillance and control.
Tech Boom in the Philippines? US Investments Could Signal Lucrative Opportunities
The United States Commerce Secretary Gina Raimondo stated during an official visit to Manila on Monday that American businesses are expected to announce investments totaling more than $1 billion in the Philippines.
Latest News
Amazon acquires e-commerce platform Souq.com
Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."
Mar 29, 2017 10:40 AM EDT
Hedge fund exec linked to Madoff jumped to his death
Murphy, who worked at the Fairfield Greenwich, was at the top of his game, controlling the hedge fund when the firm invested billions with Madoff. Fairfield lost almost $50 million that led to investors filing a class action lawsuit.
Mar 29, 2017 11:08 AM EDT
Elon Musk launches brain electrode company Neuralink
The idea of Elon Musk in creating Neuralink is to improve memory or give humans added artificial intelligence. This could be achieved by developing neural lace technology that would implant tiny electrodes into the brain.
Mar 29, 2017 11:13 AM EDT
American Airlines to buy $200 million worth of shares in China Southern
The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.
Mar 28, 2017 11:51 AM EDT
Qatar pushes £5 billion UK investment despite Brexit
Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.
Mar 28, 2017 12:10 PM EDT
Apple, Facebook join augmented reality glasses race; tech groups bet it could replace smartphone
Apple and Facebook are going up against start-up company Magic Leap and Microsoft's HoloLens in developing a pair of augmented reality glasses that could one day replace the smartphone as the primary computing device for consumers.
Mar 28, 2017 09:25 AM EDT
UK banks face new stress test scenario by the Bank of England
Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.
Mar 28, 2017 11:15 AM EDT
Starbucks lags behind Dunkin's performance
Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.
Mar 27, 2017 12:37 PM EDT
Uber suspends self-driving cars operations after Arizona crash
Uber Technologies Inc. is suspending its self-driving cars after one of its autonomous vehicles was involved in an accident in Tempe, Arizona. This is the latest incident from the company that is facing one controversy after the other.
Mar 27, 2017 12:13 PM EDT
More big brands pull ads from YouTube
The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.
Mar 27, 2017 12:16 PM EDT
Expedia gives board of directors seat to Chelsea Clinton
Travel site Expedia just named Hillary Clinton's daughter, Chelsea Clinton, as a member of its board on Thursday. Clinton will be paid in accordance with the company's standard compensation policies for board members.
Mar 26, 2017 10:45 PM EDT
Tiffany posts strong sales growth in China, appoints new directors
The jewelry retailer's results were consistent with its previously issued guidance for the 2016 fiscal year. Tiffany & Co. names Roger Farah, James Lillie and Francesco Trapani as directors effective last Mar. 6.
Mar 26, 2017 11:16 PM EDT