How One Man Misplaced $20 Billion In Two Days

Earlier than he misplaced all of it—all $20 billion—Invoice Hwang was the best dealer you’d by no means heard of. Then he misplaced all of it in two days. Bloomberg studies: Beginning... Read more »

In One Yr a Billion Tons of Meals Received Wasted

There’s something that the common individual can do to decelerate local weather change, and it may be completed with out leaving the home. Don’t waste meals. Bloomberg reviews: Some 931 million tons of... Read more »
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Billionaire CEO of Software program Firm Indicted For Alleged $2 Billion Tax Evasion Schemes

The billionaire chief govt of Ohio-based Reynolds and Reynolds Co, Robert Brockman, has been indicted on fees of tax evasion and wire fraud carried out over “a long time.” ZDNet experiences: The scheme,... Read more »

TurboTax Proprietor Intuit to Purchase Credit score Karma for $7 Billion

Intuit Inc. is nearing a deal to purchase personal-finance portal Credit score Karma Inc. for about $7 billion in money and inventory, in a transfer that may push the bookkeeping-software big additional... Read more »

2,153 Billionaires Are Richer Than 4.6 Billion Individuals

The world’s richest 2,153 individuals managed extra money than the poorest 4.6 billion mixed in 2019, whereas unpaid or underpaid work by ladies and women provides thrice extra to the worldwide economic... Read more »

Federal Deficit Hits $134 Billion in One Month

The federal deficit reached $134 billion in October, the first month of fiscal 2020, in keeping with information the Treasury Division launched Wednesday. The Hill stories:  That determine is about 34 p.c increased than final October,... Read more »

Fb Inventory Suffers Largest One-Day Drop In Historical past, Shedding $119 Billion

Fb is experiencing one its worst days as a publicly traded firm. In keeping with CNBC, Fb misplaced about $119 billion of its worth on Thursday, marking the largest one-day loss in... Read more »

Apple to Make investments $350 Billion in USA and Create 20,000 Jobs

Apple introduced on Wednesday it would make investments $350 billion within the U.S. economic system over the following 5 years whereas creating 20,000 new jobs due to the brand new tax regulation.... Read more »

Amazon’s Jeff Bezos Surpasses $100 Billion Internet Value

Amazon founder’s internet value has risen $33 billion up to now in 2017. With robust efficiency for Amazon’s Black Friday gross sales, Jeff Bezos’ internet value jumped above $100 billion on Friday.... Read more »

People Paid $15 Billion in Overdraft Charges Yearly

In accordance with the Shopper Monetary Safety Bureau, People paid $15 billion in overdraft charges final yr. That’s an terrible lot of cash that customers wasted on pointless and preventable charges. CNN... Read more »