Category: Business

Banks’ Trillions in Climate Financing Pledges Are Bailout Hazard, Experts Warn

News Analysis Trillions in financing pledged by banks to climate change projects present an unprecedented gamble that could end up in potentially the largest government bailout ever seen, warned several experts on environmental policy and investment. Many of the world’s largest banks have recently made pledges to direct trillions in investments to projects meant to…


London’s Financial District to Convert Empty Offices Into New Homes

The City of London, the British capital’s financial district, will convert empty offices into new homes as part of its plan to adapt to the new reality under the CCP (Chinese Communist Party) virus pandemic. The City of London Corporation, the district’s governing body, said it will work with the property industry to “explore new…


Tesla Posts $438 Million 1Q Profit on Strong Electric Vehicle Sales

DETROIT—Charged up by strong sales of its electric cars and SUVs, Tesla on Monday posted its seventh-straight profitable quarter. The company made $438 million in the three-month period that ended March 31, as sales more than doubled the same period last year to nearly 185,000 vehicles. Tesla said adjusted net income, excluding stock-based compensation, passed…


Alleged Cryptocurrency Scam Affects Hundreds of Small Investors

Cryptocurrency enthusiasts not only lost money they had approved for a presale transaction, but also lost all the money in their Trust Wallet over this past weekend, through a deception that gave scammers access to their entire wallet, according to people who claimed to have been affected. The victims, who may number in the hundreds, invested…


Cryptocurrency Scam Affects Hundreds of Small Investors

This past weekend was tough for some cryptocurrency enthusiasts who not only lost the money they approved on a presale transaction, but they also lost all the money in their Trust Wallet through a deception that gave the scammers access to their entire wallet. The victims invested in efarms, a new cryptocurrency launched by elonfarms,…


Alaska Airlines Bans State Senator for Refusing to Follow Mask Rules

Alaska Airlines banned Alaska state Sen. Lora Reinbold (R-Eagle River) from flying on the airline for repeatedly refusing to follow mask mandates. “We have notified Senator Lora Reinbold that she is not permitted to fly with us for her continued refusal to comply with employee instruction regarding the current mask policy,” Alaska Airlines spokesperson Tim…


Apple Announces 1st East Coast Campus in North Carolina

Apple announced plans on Monday to invest more than $1 billion in North Carolina to build the company’s first East Coast campus, a move expected to bring at least 3,000 new jobs to the state. The development comes as part of an effort by Apple to up investment as the United States begins rebuilding from…


UK, Australia Agree on ‘Vast Majority’ of Free Trade Agreement

The UK and Australia have reached a consensus on the “vast majority” of the elements of a comprehensive free trade agreement, the Department for International Trade said on Friday. “Both countries are confident that the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of…


3 Reasons You Should Finally Start That Business You’ve Been Dreaming Of

My mom is the most amazing woman on the planet. When she was 34 years old, she suddenly had a baby to raise on her own (me). With only $64, she needed a job. So, she got scrappy and decided to use her baking skills to earn money. She started out by renting a small…


Live Like the Money Isn’t There

Dear Dave, I’m 24, single, and I make $60,000 a year. I’m also debt-free and live in an apartment, plus I have about $550,000 in a brokerage account that’s made up of 75 percent mutual funds and 25 percent single stocks. The money in the brokerage account was originally an inheritance of $280,000 that has…