Chinese billionaire and founder of the Alibaba Group and Ant Group, Jack Ma, has been reported as missing since October 2020, after he openly criticised China’s regulators and its state-owned banks, accusing the Communist government of slowing down innovation. Ma has… Read More ›
Business
DEA shuts down Chapel Hill North Carolina group seeking to enjoy the benefits of the free market system of cocaine distribution, fails to stop supply and demand
Twenty-one people face federal charges because of a taxpayer-funded investigation into the sale of drugs on or near college campuses in North Carolina. The drug trafficking investigation, conducted by a United States Drug Enforcement Administration (DEA) task force and the… Read More ›
Trump’s U.S. Treasury proposes more regulation to lessen privacy of Americans
Yesterday, December 17, 2020, the U.S. Treasury has proposed a rule which would require more intense identification of those transacting in digital coins such as Bitcoin with U.S. financial institutions. Today, tracing Bitcoin transactions is much easier than cash transactions,… Read More ›
Boca Raton Resort & Club to lay off almost 1,000 as a result of COVID-19
The Boca Raton Resort & Club, which opened in 1926 as a 100-room Ritz-Carlton Cloister Inn, will lay off 995 employees on February 6, 2021 because of tourism losses and government actions as a result of the COVID-19 pandemic. In 2019, Michael Dell purchased the Resort and Club via his MSD Partners. The resort now includes 365 acres, three hotels, a marina, convention center, and now sports over 1,000 rooms.
Lyft and Uber celebrate as California voters see drivers as independent contractors and not employees
California’s Prop 22 was on the ballot for voters in the state to decide whether app based drivers are employees or independent contractors of companies. With 70% of precincts reporting, 58.4 percent of voters have voted in the favor of… Read More ›
Rihanna appears in Forbes list of richest women! — The curious
The annual ranking of the richest women, produced by Forbes magazine has just been published. And singer Rihanna is in it! Each year, Forbes magazine establishes different rankings , highlighting the world’s greatest fortunes. And guess what, Forbes just made their annual list of… Read More ›
Fortune Magazine is out with its ‘Most Powerful Women in Business’ list
Today, FORTUNE Magazine has announced the 2020 edition of its Most Powerful Women in Business list, which includes 16 Fortune 500 CEOs, and the return of Jane Fraser, who in February 2021 will become the first woman to head a major U.S. bank. Top honors… Read More ›
Trump’s tax records reportedly show he paid over $22 million in federal taxes over 18 years
This morning most Americans are waking up to the New York Times article reporting that President Trump has paid $750 in federal income taxes for years 2016 and 2017. Shortly after midnight Trump tweeted “FAKE NEWS!” on his Twitter feed… Read More ›
The clock is not up on TikTok, Trump gives his ‘blessing’ on deal
Whether it was President Trump’s unconventional negotiating style or political posturing, Trump is tentatively approving a deal between the popular TikTok video social app (ByteDance), Oracle, and Walmart. Americans will have a majority stake in the newly formed company, TikTok… Read More ›
San Francisco gyms have been closed by the government, but government gyms have remained open
For months, most gyms in San Francisco have been closed, the result of a city order preventing them from opening their doors as a public safety measure during the COVID-19 pandemic. But not all gyms. It was recently revealed that… Read More ›