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How does tax liability affect the value of Bitcoin?

  • Crystal Ng
  • 3 Days ago
  • 0
The changes in the value of Bitcoin has been explained by tax burdens. The $20 billion downdrafts in the past two weeks may be because of the selling of $1 billion of Bitcoin. Once again, investors are startled by the sudden fluctuations of the largest cryptocurrency, Bitcoin. Unlike the usual, however, the changes in the […]

Is Tesla Inc. the ultimate loser amidst the trade war?

  • Crystal Ng
  • 17 Days ago
  • 0
Trump Administration considers adding a 25% tariff on Chinese car imports. China retaliates with an equal 25% of 106 U.S. imported goods. Tesla Inc. is already paying 25% due to China’s tariff on car imports. China has been the most prominent trading partner of the United States for some time now. NBC News states that the trades […]

Retail Stores in NYC Gets Hacked

  • Crystal Ng
  • 18 Days ago
  • 0
Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor have experienced a breach in security.  These stores lack security in its card payment systems. Technology has done wonders to the world and has undoubtedly made many of our daily tasks easier. Nonetheless, we cannot deny the fact that it has also complicated several aspects […]

Will a surcharge reduce congestion in Manhattan?

  • Crystal Ng
  • 18 Days ago
  • 0
Recently approved New York state budget includes a surcharge in ride-hailing services. The additional funds will go into the maintenance and upgrade of the subway. Governor Cuomo is moving forward with the congestion-pricing plan. We live in a generation where everything comes down to money. It will be the ultimate deciding factor in every step that […]

Are we giving up that cup of Joe? California Judge Takes Stand

  • Crystal Ng
  • 22 Days ago
  • 0
Coffee contains acrylamide, a substance that causes cancer. California requires coffee companies to put warning labels on the item.  Almost a hundred companies that produce coffee, including Starbucks have been filed a lawsuit against by the Council for Education and Research on Toxics, a nonprofit group. The charges were based on the grounds of violation […]

Women are People, Not a Commodity

  • Crystal Ng
  • 2 Months ago
  • 0
An extraordinary event transpired amidst the 19th and 20th centuries which altered the course of the history and transformed the world into life as we know it today. This century-long struggle has come to be known as the period of women’s suffrage movement. Prior to that time, long before any of us were born, women […]

Eliminating Plastic Straws for a Greater Good

  • Crystal Ng
  • 2 Months ago
  • 0
In the last century, a synthetic material was produced on the basis of low costs of production in addition to the convenience of single-use followed by disposal. This, however, has evolved into one of the major concerns in the world in recent years. The environmental effects from the use of plastic items are detrimental due […]

Sprint and T-Mobile nearing merger agreement

  • William Van-Lear Black
  • 7 Months ago
  • 0
T-Mobile and Sprint, respectively the third and fourth largest wireless carriers in the U.S., are nearing a merger agreement, undisclosed sources told Reuters Friday. A due diligence period would follow the finalization of the agreement’s terms, but the companies expect a deal by October, according to Reuters’ source. In August, Reuters says, Sprint CEO Marcelo Claure […]

More and more Amish businesses are using technology

  • William Van-Lear Black
  • 7 Months ago
  • 0
There are 2,000 thriving Amish businesses in the Lancaster, PA area, Donald B. Kraybill, a retired professor at Elizabethtown’s Young Center for Anabaptist and Pietist Studies, told the New York Times. Many are worth several million dollars. More and more of those businesses are not strictly agrarian. Many now function with the aid of technology, […]

Equifax could have prevented breach with a simple patch, experts say

  • William Van-Lear Black
  • 7 Months ago
  • 0
Last Thursday, credit-monitoring firm Equifax announced that hackers had breached its computer systems and compromised the data of as many as 143 million Americans. Thursday, the company confirmed that the perpetrators of the attack did, as rumored, exploit a weakness in Apache STRUTS. Equifax identified the exploited vulnerability as Apache Struts CVE-2017-5638. In March, industry […]

Boeing wins $600 million deal to design the next Air Force One

  • William Van-Lear Black
  • 7 Months ago
  • 0
The U.S. Air Force announced Wednesday that on Tuesday it awarded Boeing a $600 million contract to design two new aircraft for the President’s Air Force One fleet. Both planes will be 747-8 models; they will replace a pair of aging VC-25A (747-200B) aircraft. President Obama ordered the replacement during his second term, according to […]

Equifax stares down almost two dozen class actions after cyberattack

  • William Van-Lear Black
  • 7 Months ago
  • 0
Credit reporting and monitoring company Equifax is facing at least 23 proposed class action lawsuits in the wake of its announcement Thursday that a cyber attack compromised the personal information of up to 143 million Equifax customers, USA Today reports. Various law firms have filed suits in 14 different states as well as D.C., according […]

Harvey and Irma combined could prove more expensive than Katrina

  • William Van-Lear Black
  • 7 Months ago
  • 0
Moody’s Analytics estimates that Irma will cost the U.S. economy between $64 billion and $92 billion, CNN reports. Insured losses resulting from the storm will range between $20 billion and $40 billion, the firm said. Moody’s estimated Harvey-related costs between $86 billion and $108 billion, CNBC notes. Harvey and Irma will likely cost a combined […]

Markets rise as Irma weakens, North Korea anniversary passes without nuke test

  • William Van-Lear Black
  • 7 Months ago
  • 0
Markets around the world are rising as Florida missed the worst of Irma this weekend, and as North Korea’s founding celebration, which took place Saturday, did not include a missile test, Reuters reports. Irma hit the Florida keys Sunday as a Category 4 hurricane, then came into Miami, damaging several buildings and creating a storm […]

Starting school later could boost the U.S. economy by $83 million over 10 years

  • William Van-Lear Black
  • 8 Months ago
  • 0
A recent study conducted by the RAND Corporation suggests that delaying the start of the school day until 8:30 a.m. could boost the U.S. economy by $83 billion over the course of a decade, madison.com reports. Pediatric health experts have long argued that a later start to the school day would better accommodate teenagers’ sleep […]

Carpooling service Via closes investment round, plans U.S. and oversea expansion

  • William Van-Lear Black
  • 8 Months ago
  • 0
Carpooling service Via just completed a funding round, the proceeds of which the company intends to use to expand its service in the U.S. and to establish a presence in Europe, TechCrunch reports. Via will begin London operations in the near future, and Paris service soon after. The amount of the funding round remains undisclosed, […]

Chinese authorities crackdown on cryptocurrency ICOs

  • William Van-Lear Black
  • 8 Months ago
  • 0
Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs have raised $2.32 billion since the inception of the cryptocurrency market; $2.16 billion of that […]

U.S. Labor Department releases August 2017 employment data

  • William Van-Lear Black
  • 8 Months ago
  • 0
Friday, the U.S. Labor Department released hiring and unemployment data for August, The New York Times reports. Employers created 156,000 jobs last month—less than analysts expected. Employers added more than 200,000 in June and July (the Department revised each of those figures downward by 41,000 in this most recent report). August’s figure marks a sequential […]

Harvey will rank among most expensive storms ever to hit U.S.

  • William Van-Lear Black
  • 8 Months ago
  • 0
A number of organizations have released estimates of the costs of Harvey’s destruction, The Washington Post reports. If the figures are accurate, Harvey will rank among the costliest storms ever to have hit the U.S. A report released Wednesday by risk modeling agency RMS puts the total cost of Harvey’s devastation between $70 billion and […]

Icelandic airline WOW brings cheap transatlantic flights to four midwestern US cities

  • William Van-Lear Black
  • 8 Months ago
  • 0
Icelandic budget airline WOW Air announced Wednesday that it will expand its service to four Midwestern US cities—St. Louis, Cleveland, Cincinnati, and Detroit—beginning in Spring 2018, USA Today reports. WOW will run four flights a week between each city and the airline’s hub, Keflavik International Airport near Reykjavik, Iceland. One-way tickets will start at $99.99. […]
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