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China’s largest oil group CNPC refutes subsidiary’s role in 1MDB money-laundering scandal
By Georgina Lee From South China Morning Post The pipeline project unit of China’s state-owned oil and gas giant says funds from China’s EximBank were paid only to its own bank accounts China Petroleum Pipeline Engineering (CPP), a unit of…
Billionaire tech investor Peter Thiel bets on crypto start-up Block.one
By Kate Rooney From CNBC PayPal co-founder and early Facebook investor Peter Thiel was a part of Cayman Islands start-up Block.one’s most recent funding round announced Monday. The company raised a record $4 billion this year to fund its blockchain…
Google would like you to know that your Gmail is safe even though people you don’t know can read it
By Chris Smith From BGR After a Wall Street Journal exposé that revealed some companies use humans to read some of your emails, to improve the services and apps they have built upon email, Google came out with its blog…
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Abraaj restructuring request approved by Cayman Islands court
By Sarah Townsend From The National Abraaj Group said on Tuesday a Cayman Islands court approved a request by the embattled buyout firm for a provisional liquidation of the business, enabling a court-supervised restructuring and protection of stakeholders’ rights. The…
Blankfein Tweets on Bitcoin that paper money was once odd too
From Newsmax Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein said he is keeping an open mind on bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies. “Still thinking about #Bitcoin….
$17,000 raised to send a steadfast Texas meteorologist on a post-Harvey vacation
BY EMMA HINCHLIFFE From Mashable Throughout the storms and flooding caused by Harvey, many Houston residents turned to one voice for answers: Jeff Linder. Meteorologist for the Harris County Flood Control District, Linder delivered clear, reassuring, and composed updates as…
These teens actually earn thousands of dollars working from home
By Chris Smith From BGR Smartphone screens crack all the time, and the iPhone is no exception. No matter how well it’s built, the iPhone won’t survive everything you throw at it, and some drops will ultimately result in cracked…
Ascension’s Tersigni, others cited in WSJ study on high pay at nonprofits
By Angela Mueller From St. Louis Business Journal Anthony Tersigni, president and CEO of St.Louis-based Ascension, had the largest compensation package in 2014 among the 100,000 nonprofit organizations whose data was recently analyzed by the Wall Street Journal. Tersigni’s 2014…
The founder of the world’s biggest hedge fund just railed at the New York Times — at one of the paper’s own events
By Rachael Levy From Business Insider Billionaire Ray Dalio just went off on the New York Times again – this time at one of the newspaper’s own events. “I’d like to talk about the ridiculous New York Times article,” Dalio…
Signs that say ‘Final Sale’ may not mean what you think they do
By Laura Northrup From Consumerist When you see the words “final sale” on a sign at your favorite retailer, that means that an item is as marked down as it’s going to get, right? Well… maybe not. Watch for fine…
