April 16, 2021

Buffett bashes Bitcoin as nonproductive, thriving on mystique

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From Newsmax Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it. Likening bitcoin demand to the tulip mania in 17th century Holland, Buffett, the chairman and chief executive of Berkshire Hathaway Inc., […]

Tesla’s bad week includes racist drawings and hundreds of layoffs

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By Chris Mills From BGR Right now, Tesla is hustling like never before to get Model 3s out the door and into customers’ driveways, in time for a self-imposed deadline of the first deliveries by the end of the month. The last thing Tesla needs right now? Non-production-related distractions, like, say, rumors of cost-cutting layoffs […]

The real reason that Hollywood keeps making ‘Transformers’ films

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By Sarah Whitten From CNBC Ever wonder why Hollywood keeps churning out ‘Transformers’ films? You’re not the only one. With each new addition to the franchise, the reviews have gotten worse and U.S. audiences have waned. Despite the lackluster performances in the United States, two of the “Transformers” films have garnered more than $1 billion […]

Billionaire Dan Loeb applauds Trump Tactics: ‘Animal Spirits Matter’

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By F McGuire From Newsmax Activist hedge fund manager Dan Loeb applauds the vigor and enthusiasm the election of Donald Trump as president has injected into the financial markets. Loeb, who’s more than doubled the S&P 500’s return over the last two decades, told investors he doesn’t plan on missing out on the final portion […]

There’s no industry hotter than marijuana right now

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By Sean Williams, The Motley Fool From Business Insider Look around, and you’ll struggle to find an industry hotter than marijuana. Back in 1995, not a single state had a law on its books legalizing medical cannabis or recreational pot. Today, following the November elections in which residents in eight out of nine states voted […]

Trump right to worry about AT&T, Time Warner merger

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By Michael Reagan From Newsmax On Wednesday, the Senate Judiciary committee will hold a significant hearing on the proposed $84 billion merger between AT&T and Time Warner, which owns CNN. AT&T’s CEO Randall Stephenson will be testifying, as well as others, who support or oppose this merger. The senators should be prepared to ask Stephenson some […]

David Stockman: Brace for Hillary Impeachment, recession, market collapse in ‘Nasty’ New Year

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By F McGuire From Newsmax Reagan Budget Director David Stockman warns that the nation will plunge into a recession, even though Hillary Clinton will win the presidential election. While many analysts believe the stock market will rally in the wake of a Clinton victory, the author of “Trumped! A Nation on the Brink of Ruin” […]

You could have a Yahoo account without even knowing it

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By Chris Isidore From CNN Think you’re not affected by the massive hack of 500 million Yahoo accounts? Think again. Just because you don’t have a Yahoo email account doesn’t mean you’re off the hook. There are plenty of other types of accounts that put users at risk. Play fantasy sports on Yahoo Sports? Post […]

How to name a hurricane—first tip: Use ‘short, distinctive’ names

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By Nicholas Wells | Mark Fahey From CNBC   Hurricane Hermine was downgraded to a tropical storm Friday morning after making landfall in Florida. Yet if another should form, next on the list would be Hurricane Ian and in the hole is Hurricane Julia. Meteorological officials decide on hurricane names years in advance, and reuse […]

How Air China Ltd (ADR) (AIRYY)’s Commission cut will Impact Qunar Cayman

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By Neha Gupta From tech Insider How Air China Ltd (ADR) (AIRYY)’s Commission Cut Will Impact Qunar Cayman Islands Ltd (QUNR) And Ctrip.com International, Ltd. (ADR) (CTRP)? 0 Air China Ltd (ADR) (OTCMKTS:AIRYY) has decided to slash down the fixed portion of the commission fee from 3% to 2% to air travel agencies that book domestic […]