Monday May 20-th, 2019

QuadrigaCX founder revealed where he stored private keys in podcast years ago QuadrigaCX founder revealed where he stored private keys in podcast years ago

Cotten said once Bitcoin private keys are lost, the funds are impossible to retrieve, the exact same scenario that occurred in the QuadrigaCX case. And that's exactly what he did for his firm in those days. At QuadrigaCX, we're obviously hold...

United Kingdom concludes it can mitigate risk from Huawei equipment use in 5G United Kingdom concludes it can mitigate risk from Huawei equipment use in 5G

The United States has not, however, released evidence to support its accusations that Huawei and other Chinese tech companies allow the Chinese government to spy through their systems. A foreign ministry spokesman rejected suggestions Beijing might u...

Payless to close all stores in US, Puerto Rico Payless to close all stores in US, Puerto Rico

The retailer will begin liquidation sales on Sunday, Feb. 17, a company spokesperson told CNBC. Payless like so many other brick and mortar stores are being boxed out as more shoppers turn to online retailers like Amazon. The latest victim of t...

Uber says it lost $1.8B in 2018 Uber says it lost $1.8B in 2018

Uber, the most highly- valued U.S. based startup, is heading into its much-anticipated IPO after more than one billion dollars in losses past year. But its business slowed dramatically in the fourth quarter, and without the asset sales, it would ...

Honda's Swindon plant expected to close with loss of 3,500 jobs Honda's Swindon plant expected to close with loss of 3,500 jobs

Honda was the first major Japanese auto company to get involved in large scale manufacturing the United Kingdom when it did a deal with British Leyland in 1980 to produce Honda-based models in BL factories. More updates as we get them. A sign is se...

Oil prices hit 2019 highs amid supply cuts, trade talk hopes Oil prices hit 2019 highs amid supply cuts, trade talk hopes

Brent futures were last down 6 cents at $66.19 a barrel by 1239 GMT, having touched a 2019 high of $66.83, while US futures were up 37 cents at $55.96 a barrel. Traders said financial markets, including crude futures, were also generally supported by...

Payless ShoeSource to close all United States stores, report says Payless ShoeSource to close all United States stores, report says

Payless ShoeSource has 7 stores in the Rockford area, and all of them will begin liquidation sales in the next few weeks. All of the stores will remain open until at least the end of March and the majority will remain open until May. The company is n...

RBI central board to discuss interim dividend issue today RBI central board to discuss interim dividend issue today

The Reserve Bank of India on Monday announced an interim dividend of Rs 28,000 crore to the government after its post-budget meeting with the Finance Ministry. The RBI's financial year runs from July to June. RBI has already transferred Rs 40,000 c...

Payless Closing in Salina, Across Country Payless Closing in Salina, Across Country

Payless also plans to shut down its online store. After 18 months and new ownership the company temporarily exited bankruptcy. The Topeka, Kan.,-based company has more than 3,600 stores worldwide. "Filing bankruptcy and closing all your stores??" ...

United Kingdom 'doesn't need to ban' Huawei 5G kit United Kingdom 'doesn't need to ban' Huawei 5G kit

However, it is understood that the National Cyber Security Centre, a wing of GCHQ, will advise that the security risk of interference by the Chinese government should be manageable. Britain is an important market for Huawei and last month Vodafone, t...

Ontario government promises 'action' if Hydro One doesn't cut proposed CEO pay Ontario government promises 'action' if Hydro One doesn't cut proposed CEO pay

Rickford goes on to request that Hydro One get back to the government by "Thursday at 5 p.m." with a proposal that meets the government's requirements. Mr. Woods said in his letter that, under the government's proposed salary cap, the directors could...

RBS issues stark warning over Brexit despite doubling of profits RBS issues stark warning over Brexit despite doubling of profits

The bank did, however, warn that it expects 2019 to be full of significant risks and uncertainties due to the economic, political and regulatory environment. On Wednesday, November 21 the stock of The Royal Bank of Scotland Group plc (LON:RBS) earn...

Drunk woman's plane tantrum over toddler goes viral Drunk woman's plane tantrum over toddler goes viral

I called someone old cause they were?' said Gonzalez before being escorted off the plane. "I'm not getting off this plane", she is heard telling someone on her cellphone. After leaving the flight declaring she'd be "in Vegas in an hour", Gonzalez t...

Crude Oil Rates Hit 2019 Highs Amid Supply Cuts Crude Oil Rates Hit 2019 Highs Amid Supply Cuts

Last month Tehran's share in India's overall oil imports declined to about 6 per cent from about 10 per cent a year earlier, the data showed. US West Texas Intermediate crude futures were at $54.50 per barrel, up 9 cents from their last settlement....

Tesla's Sentry and Dog Modes are rolling out now Tesla's Sentry and Dog Modes are rolling out now

Tesla CEO Elon Musk fielded a few concerns on Twitter, including concern the text on the screen is too small. The new feature, being pushed out to cars via an over-the-air update, will keep the air conditioner running on hot days to keep dogs safe ...

Bill De Blasio Slams Amazon’s ‘Abuse of Corporate Power’ Bill De Blasio Slams Amazon’s ‘Abuse of Corporate Power’

On Sunday, de Blasio, a Democrat, said NY offered Amazon a "fair deal", and blamed the company for making what he called an "arbitrary" decision to leave after some people objected. "We shook hands", Appelbaum said. "This is fumbling at the 1-yard li...

Amazon delivers millions to Tesla-rival Rivian to build electric SUVs, pickups Amazon delivers millions to Tesla-rival Rivian to build electric SUVs, pickups

The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer, which is looking for ways to boost the speed and reduce the cost of its deliveries. Scaringe referred to the investment round as...

Retailer Payless to file bankruptcy, close stores Retailer Payless to file bankruptcy, close stores

Toys "R" Us and The Bon-Ton Stores are among the retailers that shut their stores in liquidations in the last 12 months. The company has been trying to find a buyer, but attempts have been unsuccessful. The decision would mark the second bankruptcy f...

Elon Musk’s AI writes convincing fake news Elon Musk’s AI writes convincing fake news

OpenAI said that while there can be benefits to the usage of this kind of AI technology, it can also be used for malicious purposes . In 2015, Sam Altman and Elon Musk became anxious that the world's most powerful AI programs were all being de...

Eero Bought by Amazon Eero Bought by Amazon

Eero sells a $99 per year Plus subscription that offers ad blocking, threat detection, and family-safe browsing options. Google Wifi became the best-selling mesh technology Wi-Fi system in the U.S. Eero support however, responded to one concern...

Berkshire Hathaway Inc. New Co (NYSE:BRKB) Shorts Rose By 5.43% Berkshire Hathaway Inc. New Co (NYSE:BRKB) Shorts Rose By 5.43%

The mathematical calculation that represents the degree of change over time is known as "percentage change". The stock price changed -2.62% in the past week. Looking out further to the next quarter EPS estimate, the consensus is now resting at 2.71...

More than $400,000 in QuadrigaCX cryptocurrency disappears into 'cold wallet' More than $400,000 in QuadrigaCX cryptocurrency disappears into 'cold wallet'

Quadriga, which owes a total of C$250 million to 115,000 users, filed for creditor protection last month after the sudden death of founder Gerald Cotten in December. To avoid future crypto-catastrophes, Ernst and Young plans to transfer QuadrigaCX's ...

Molson Coors shares fall on accounting errors, lower sales

They set a "buy" rating and a $72.00 price target on the stock. Needham was of a view that LC is Buy in its latest report on December 8th, 2017 while giving it a price target of $6. They issued a "buy" rating and a $80.00 price target on the stock. ...

Bill Gates Calls Out Ocasio-Cortez Tax Policy Bill Gates Calls Out Ocasio-Cortez Tax Policy

It's about a 20% rate, so it has nothing to do with the 39.6% marginal ordinary income rate", Gates said. They were clear that the wealthy should be taxed more than they now are, but less sure about a specific upper tax rate. Gates, who held the ...

Honda shows Urban EV's close-to-production interior Honda shows Urban EV's close-to-production interior

From the lone interior photo, we can see that the Urban EV concept will have a minimalist style, full-width dashboard with just three large LED screens displaying vehicle information such as charging status and remaining battery life. Unlike the c...

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