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Texas Bitcoin Mining Startup Gets $50 Million From Peter Thiel to Steal China’s Crypto Crown
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S&P 500 Has Performed Far Worse Under Trump Than Under Obama
During his first two years in office, Donald Trump regularly pointed to the stock market as proof of his leadership’s effectiveness. Experts may have shaken their heads, saying that stock values aren’t an accurate measure of the country’s economic performance. But they are popular with voters, w…
Uber, the Mother of All Unicorns, Will Finally Begin Its IPO Process in April, Report Says
Uber is planning to begin its long-delayed IPO process in April, Reuters reported Thursday. The offering, which could value the company at $120 billion—the largest of several tech IPOs in 2019—will probably start after the stock of Lyft, its chief rival, has already debuted.
Uber is plan…
Drinking Two or More Diet Sodas a Day Increases Likelihood of Strokes, Heart-Attacks, Study Says
A study published in Stroke, a journal produced by the American Heart Association, drew on the health data of 82,000 women enrolled in a long-term study of women’s health. Of the participants, 5.1% said they consumed at least diet beverages per day. That group “had significantly greater likeliho…
Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the…
The 'Right to Repair' Movement Is Gaining Ground and Could Hit Manufacturers Hard
European Union member states are this week voting on dishwasher efficiency and repair. If that sounds as dull as, well, dishwater, then you need to consider the last time your own dishwasher broke. With the right rules in place, it would be a cheap and easy fix. However, you’re not allowed to f…