Editors’ Picks – Page 66

18. 7. 2019 No Responses

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss about who actually controls the Libra currency. Rep. Alexandria Ocasio-Cortez and the Facebook exec David Marcus had an enlightening exchange on Wednesday during a hearing with lawmakers about the social network’s Libra digital...

17. 7. 2019 No Responses

Now Even Junk Bonds Have Negative Yields

75 years ago this month, a group of 744 delegates from around the world gathered at the very posh Mount Washington Hotel in New Hampshire to build a brand new global financial system. The year was 1944. World War II...

16. 7. 2019 No Responses

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...

15. 7. 2019 No Responses

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...

13. 7. 2019 No Responses

DHL: Significant Downturn in World Trade

A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported...

11. 7. 2019 No Responses

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...

9. 7. 2019 No Responses

Italian court jails 24 over South American Operation Condor

An Italian court has handed life sentences to 24 ex-officials from South America over their role in Operation Condor. It’s estimated that thousands of people were murdered under the secret US-backed campaign. Judges in Rome’s Court of Appeal on Mon...

9. 7. 2019 No Responses

University of Chicago created part-matter, part-light new ‘hybrid particles’

Part-matter, part-light: Newly discovered ‘hybrid particles’ open doors to exciting new tech. Scientists have managed to create ‘hybrid’ particles from photons and atoms, crafting light that behaves like matter. The breakthrough could lead to revolutio...

6. 7. 2019 No Responses

Scientists: Bladder cancer destroyed by the common cold virus

A strain of the common cold has successfully targeted and destroyed bladder cancer cells, an exciting study has revealed. The surprising results suggest the simple cold could revolutionize future cancer treatment. Scientists from the University of Surrey and R...

3. 7. 2019 No Responses

Lee Iacocca, ‘father of Ford Mustang’ & savior of Chrysler, dies aged 94

Titan of the US automotive industry Lico ‘Lee’ Iacocca, who once led Ford and later Chrysler, died of natural causes Tuesday aged 94. He is survived by two daughters and eight grandchildren. Iacocca was widely credited with saving Chrysler from...

3. 7. 2019 No Responses

Trump Slaps 400% Tariff On Vietnamese Steel

President Trump accused Vietnam of being “almost the single worst abuser of everybody” and asserted that “Vietnam takes advantage of us even worse than China.” This sudden turn in Trump’s rhetoric contrasted with the praise he off...

2. 7. 2019 No Responses

BIS Chief Reverses Stance On Cryptos

From “Ponzi” To “We’re Working On It” – Cryptos Hater BIS Chief Reverses Stance On Cryptos The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh interview ...

1. 7. 2019 No Responses

Walkman Turns 40

The First Sony Walkman Was Released 40 Years Ago Today. On July 1 of 1979, Sony first began to sell the TPS-L2, first known as the Soundabout and soon rebranded as the Walkman. This original Walkman wasn’t the first portable...

29. 6. 2019 No Responses

Libra – Briefly Explained

It’s Facebook’s new cryptocurrency. The point is that you can send money all over the world with lower fees than if you were to engage, say, Western Union. It’s shady as hell, though. You remember Tyler and Cameron Winklevoss? The...

28. 6. 2019 No Responses

Hinduja-Etihad consortium gearing up for Jet Airways bid

Also Tata’s, Qatar Airways in exploratory mode. After failed negotiations earlier with multiple suitors, the SBI-led consortium decided to take Jet Airways to the bankruptcy court on June 17 and on June 20, the National Company Law Tribunal (NCLT) admitt...

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