Wednesday August 21-st, 2019

Fundstrat Releases 2019 Crypto Outlook Fundstrat Releases 2019 Crypto Outlook

Lee, however, is one of Wall Street's top pro-crypto analysts and his latest comments maintain that positivity. Tom Lee , Fundstrat co-founder and head of research, also had a positive outlook for Bitcoin and crypto this year as you can see in h...

JPMorgan is launching its own cryptocurrency-but it's nothing like Bitcoin JPMorgan is launching its own cryptocurrency-but it's nothing like Bitcoin

He has previously labeled bitcoin one of the biggest scams in history. Last year, several big USA lenders including JPMorgan , banned the purchase of bitcoins by credit-card customers. The bank's balance sheet stands at over $2.6 trillion, making ...

Whole Foods raises prices, according to report Whole Foods raises prices, according to report

The Wall Street Journal reports that Whole Foods's price tags are already going back up. Whole Foods Market is raising prices on hundreds of items, less than two years after e-commerce giant Amazon acquired the organic grocery chain for $13.7...

Amazon won't build its HQ2 in NYC after all Amazon won't build its HQ2 in NYC after all

Seattle-based Amazon is back tracking on its plans to build a second headquarters in NY as previously planned. The Democratic Representative tweeted: 'We've been getting calls and outreach from Queens residents all day about this. Prospective emplo...

Tesla Disses Cats, Rolls Out Dog Mode In Over-The-Air Update Tesla Disses Cats, Rolls Out Dog Mode In Over-The-Air Update

In 2016, Tesla updated its software to include Cabin Overheat Protection, which keeps the auto at a "safe temperature" for hours, even when the motor is turned off. Dubbed "Dog Mode", the feature keeps the climate control functioning after the driver...

CT sees slight uptick in solar jobs CT sees slight uptick in solar jobs

New Jersey's solar sector shed 10 percent of its jobs past year, reflecting a nationwide trend of declining employment blamed both on tariffs on solar panels imposed by the Trump administration and on state policy changes. In California , utilit...

Delta passengers injured during severe turbulence; Flight makes emergency landing in Nevada Delta passengers injured during severe turbulence; Flight makes emergency landing in Nevada

Three of those people had to be hospitalized. Two passengers and one flight attendant were taken to hospitals in Reno for evaluation, said Compass Airlines spokesperson Cartiay McCoy, who did not specify the extent of their injuries. "So, always ...

EUROPEAN UNION: EU adds Nigeria, S/Arabia to dirty-money blacklist EUROPEAN UNION: EU adds Nigeria, S/Arabia to dirty-money blacklist

Prominent Putin critic Bill Browder said it was "remarkable" that Russian Federation had not been included following the $234bn (£181bn) Danske Bank money laundering scandal. They could reject it by a qualified majority. The European Commission s...

Welcome, LEVI: Denim giant Levi Strauss readies NYSE debut Welcome, LEVI: Denim giant Levi Strauss readies NYSE debut

The San Francisco-based company plans to list on the New York Stock Exchange under the ticker symbol "LEVI". The company is best known for its denim brand Levi's and also owns Dockers. Now, Levi's is one of the world's biggest brands in denim. Th...

These are the 20 most congested cities in the world These are the 20 most congested cities in the world

Manchester and Leicester were the next most congested cities on the list, with road users losing more than £1,100 in each. Perhaps unsurprisingly, London and Edinburgh were found to be the UK's slowest cities, with motorists crawling into their...

China's trade surplus with United States narrows in January China's trade surplus with United States narrows in January

Chinese officials had initially proposed an extension of 90 days, but that was knocked back by the USA side, people familiar with that request said. "The hardliners seem loath to settle for a deal that represents anything less than total capitulati...

Hilarious Valentine's Day Tweets You'll Fall In Love With Hilarious Valentine's Day Tweets You'll Fall In Love With

According to the annual Mastercard Love Index released this week, 28 per cent of those shopping for their loved ones' presents only do so on Valentine's Day itself and have done so for the past three years. China celebrate its own version of Valentin...

Fashion E-Commerce Startup Zilingo Raises $226 Mn from Temasek, others Fashion E-Commerce Startup Zilingo Raises $226 Mn from Temasek, others

The duo has made Zilingo what it is today after the company roped in 226 million Dollars from Sequoia Capital , Singapore's sovereign wealth fund Temasek and Germany's Burda Principal Investments. The company, which also acts as an affiliate f...

Oil rises after Saudi output pledge, declining United States inventories Oil rises after Saudi output pledge, declining United States inventories

Saudi Arabia will reduce oil production to nearly 9.8 million barrels per day in March, Minister of Energy, Industry and Mineral Resources and Chairman of Saudi Aramco Khalid Al-Falih told the Financial Times . The price has largely plateaued since ...

Airbus to end production of costly A380 superjumbo Airbus to end production of costly A380 superjumbo

The damaged right-hand wing-tip of the Airbus A380, the world's largest jetliner with a wingspan of nearly 80 metres, is seen on the tarmac during the Paris Air Show in Le Bourget airport, near Paris , June 20, 2011. Where did Airbus go wrong? ...

Reddit raises 300 mln United States dollars in funding round led by China's Tencent Reddit raises 300 mln United States dollars in funding round led by China's Tencent

More popular content is surfaced to the top. Huffman said that Reddit was also trying to become "a friendly home for users and brands alike", which involved stepping up its fight against abuse on its platform. That's up from a $1.8 billion valuatio...

Lawyer in charge of Apple's insider-trading policy accused of insider trading Lawyer in charge of Apple's insider-trading policy accused of insider trading

The US Securities and Exchange Commission on Wednesday accused former Apple executive Gene Levoff of insider trading. " Gene Levoff was a highly respected senior Apple executive for many years, and was never accused of wrongdoing of any kind",...

Ford Built A Bed To Keep Your Partner In Their Lane Ford Built A Bed To Keep Your Partner In Their Lane

But don't despair. If you are suffering in bed, you can always go the low-tech route that people used in the 50s: get a sleep divorce . Using weight sensing technology, if Ford's Lane-Keeping Bed detects that you or your significant other have stray...

BC government introduces immediate reforms to save ICBC BC government introduces immediate reforms to save ICBC

Effective immediately, the number of expert reports addressing issues such as future wage loss or future care will be limited to one expert for each side on small claims under $100,000. "It doesn't advance any interests to have a $50,000 expense to r...

National debt hits new milestone, topping $22 trillion National debt hits new milestone, topping $22 trillion

Last March, the national debt hit $21 trillion . National debt stood at $21.974 trillion as of December 31, representing an increase one year after President Donald Trump signed a tax reform bill in which a lower corporate tax rate lowered Treas...

Petro and Venezuela: Sunacrip starts regulating and taxing cryptocurrency remittances Petro and Venezuela: Sunacrip starts regulating and taxing cryptocurrency remittances

The national authority for the supervision of crypto assets and related activities ( Sunacrip ), which regulates all cryptocurrency transactions in Venezuela , announced the entry into force of a new clause on remittances using cryptocurrency.

Range Rover Sport HST revealed for the UK Range Rover Sport HST revealed for the UK

This second wave of engines, with a Mild Hybrid 48V system and performance-boosting technologies, is engineered to be cleaner and more efficient than ever before. In the United Kingdom, the Range Rover Sport HST is priced a few thousand pounds un...

GM, Amazon to invest in Tesla rival Rivian? GM, Amazon to invest in Tesla rival Rivian?

Tesla now owns 90 percent of the US electric auto market by revenue and 80 percent by unit sales. There is always a chance that deal talks fall through, the sources cautioned. If an investment does take place, the business move would help bolster Ri...

Ford recalling nearly 1.5M vehicles in North America Ford recalling nearly 1.5M vehicles in North America

In March 2016, Ford recalled 153,000 USA 2011-2012 Ford F-150, Ford Expedition and Lincoln Navigator vehicles for a similar transmission downshift problem. The sudden downshift in the gears could cause owners to lose control of their vehicle. The p...

Younger clients are focus in Morgan Stanley takeover Younger clients are focus in Morgan Stanley takeover

Solium manages stock plans for some 3,000 companies, including fast-growing new companies led by rising wealth accumulators who often opt for being compensated in equity rather than exclusively cash. Shares of Morgan Stanley rose 0.9 per cent to US$4...

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