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BILLIONAIRES ARE PAYING AS MUCH AS $23 MILLION A PIECE FOR THE LATEST ULTRA-WEALTHY STATUS SYMBOL: CITIZENSHIP IN A FOREIGN COUNTRY
Extremely wealthy people are paying as much as $23 million to purchase secondary citizenship in a foreign company, Bloomberg reports. For...
MICROSOFT HITS AN ALL-TIME HIGH AFTER CRUSHING EARNINGS
Microsoft hit an all-time high after crushing fourth-quarter earnings expectations. Its Azure revenue grew at 89% year-over-year. Revenue...
NEARLY 40 MILLION AMERICANS ARE STILL ON FOOD STAMPS
If the U.S. economy is “doing well”, then why are almost 40 million Americans still on food stamps? That number is almost exactly where...
MICROSOFT IS SLIPPING AHEAD OF EARNINGS
Microsoft is slipping ahead of its fourth-quarter earnings results which will be released after the closing bell Thursday. Investors...
EBAY TUMBLES AFTER CUTTING ITS FULL-YEAR GUIDANCE
EBay on Wednesday topped Wall Street's expectations for second-quarter earnings, but slashed its full-year profit forecast. Shares...
ELON MUSK REPORTEDLY TRIED TO DEFUSE CRITICISM OF HIS REPUBLICAN FUNDING BY ASKING AN ENVIRONMENTAL GROUP TO RIDE TO HIS RESCUE
Elon Musk was criticised for donating $38,900 to a Republican fundraising committee, causing some to question his commitment to ending...
THE BILLIONAIRE OWNER OF THE MIAMI DOLPHINS JUST INVESTED IN THIS COFFEE CHAIN THAT'S ABOUT TO TAKE OVER THE US. HERE'S WHAT IT'S LIKE TO VISIT
Bluestone Lane , a New York-based, Australian-inspired coffee chain, plans to expand to 100 locations over the next three years. The...
MEN VS WOMEN: WHO RECOVERS FASTER FROM FLU?
Amphiregulin, a key protein helps men with flu to recover quickly when compared to women, says scientist from Johns Hopkins Bloomberg...
AMAZON'S PRIME DAY WEBSITE GLITCHES DIDN'T STOP IT FROM SETTING RECORD SALES - BUT IT WAS STILL A RISK TO THE MOST IMPORTANT PART OF ITS BUSINESS
Amazon has claimed record sales for Prime Day despite website issues that prevented them from cashing in on the deals. Website issues...
AMAZON PRIME DAY U.S. SALES BIGGER THAN LAST YEAR, DESPITE SITE ISSUES
Despite the massive glitches that prevented online shoppers from being able to browse and buy from Amazon's Prime Day sale yesterday,...
'THE DAY EVERY INVESTOR WAS WAITING FOR:' HERE'S WHAT WALL STREET IS SAYING ABOUT NETFLIX'S DISAPPOINTING SUBSCRIBER NUMBERS
Netflix missed Wall Street's expectations for subscriber additions on Tuesday, sending shares down as much as 14%. Despite the miss,...
AS USED ELECTRIC-CAR BATTERIES SET TO FLOOD MARKET, AUTOMAKERS RAMP UP REUSE EFFORTS
With the growth of electric cars has come a flood of used batteries that is set to skyrocket in the next five years, according to a...
OIL STOCKS ARE GETTING WHACKED AS SAUDI ARABIA REPORTEDLY OFFERS BUYERS EXTRA SUPPLIES
Oil-exploration stocks are dropping after Bloomberg reported Saudi Arabia will add supplies to the global market. Additionally, The...
TRUMP MAY RELEASE OIL FROM U.S. RESERVES TO COMBAT RISING PRICES
From Tyler Durden : Having already yelled at OPEC on several prior occasions on Twitter with demands for Saudi Arabia and the rest...
WE VISITED THE NEWEST STORE FROM A CHEAP EUROPEAN CLOTHING CHAIN THAT'S INVADING AMERICA AND SAW WHY H&M AND FOREVER 21 SHOULD BE TERRIFIED
Primark , a low-cost European apparel chain, is rolling out more stores in the United States. It opened its ninth US store this week,...
WEWORK BANS MEAT AT COMPANY EVENTS AND WON'T LET EMPLOYEES EXPENSE MEALS THAT INCLUDE MEAT BECAUSE IT'S BAD FOR THE ENVIRONMENT
WeWork is banning meat. The company will no longer reimburse employees for meals that include red meat, poultry, or pork and will stop...
ELON MUSK SAID THE MODEL 3 IS THE LAST PRODUCT HE'LL HAVE TO GAMBLE THE COMPANY'S EXISTENCE ON
Tesla CEO Elon Musk said he believes the Model 3 is the last product on which the company will have to bet its livelihood in an interview...
OIL FALLS AFTER REPORT SAYS TRUMP IS CONSIDERING TAPPING THE EMERGENCY OIL RESERVE
Oil prices were mixed Friday afternoon. The Trump administration could tap the Strategic Petroleum Reserve, according to a report. Watch...
'WE WERE HUGE IDIOTS AND DIDN'T KNOW WHAT WE WERE DOING': ELON MUSK BLAMES TESLA'S MODEL 3 PRODUCTION ISSUES ON BEING 'NAIVE'
Tesla CEO Elon Musk said "we were huge idiots and didn't know what were doing" in an interview with Bloomberg , referencing Telsa's...
ADOBE REPORTEDLY PLANS TO RELEASE A FULL VERSION OF PHOTOSHOP FOR APPLE'S IPAD
Adobe plans to launch a full iPad version of Photoshop, according to Bloomberg ‘s Mark Gurman and Nico Grant. The company will reportedly...