Markets
UK bans manufacture of products containing microbeads over environmental concerns
A ban on the manufacture of microbeads, those tiny bits of plastic used in some exfoliating cosmetic products, took effect Tuesday in the U.K. The move bars manufacturers from putting them in skin lotions, toothpastes or any other items meant to be rinsed off - and it presages a ban on the sale of such products that will take effect there in July. [Full Article...]
Choosing Between GGP Inc. (GGP) and SL Green Realty Corp. (SLG)
The lowest price the stock reached in the last trading day was $0.546 and compares with the $0.43 52-week low. About 1.08M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since January 9, 2017 and is uptrending. It also increased its holding in Manpowergroup Inc Com (NYSE:MAN) by 156,904 shares in the quarter, for a total of 201,851 shares, and has risen its stake in Alls... [Full Article...]
130-year-old Eastman Kodak joins cryptocurrency craze with 'KodakCoin'; shares surge
As soon as the news was announced, Kodak's stock ( KODK ) jumped up , and as of this writing, its stock price is $5.02, a 60 percent gain. As of press time, shares for Kodak are up roughly 37 percent for the day, having risen from an opening of $3.10 to $5.50, according to Google data . [Full Article...]
Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud
While some investors and bank chiefs have been skeptical of cryptocurrencies, they've lauded blockchain as a promising way to speed up payments and contracts. "I'm actually kind of surprised when people say having an uncompetitive tax system will be good or America". "I'm not interested that much in the subject at all". [Full Article...]
Assemblywoman lied about Superstorm Sandy to get FEMA cash
The indictment says she took almost $25,000 from the agency and pocketed it because she did not need the money to fix her undamaged home. All told, the government says, FEMA disbursed approximately $24,800 to Harris in temporary housing assistance between 2012 and January 2014. [Full Article...]
Discovery Communications moving national headquarters to Knoxville
A Maryland Network Hub is planned to house select functions, such as government relations and Discovery Education. About 1,300 Discovery employees are based in the Silver Spring area, and 1,000 are based at Scripps' Knoxville headquarters . [Full Article...]
Jeff Bezos surpasses Bill Gates' net worth, becomes richest person ever
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Jeff Bezos has dethroned Microsoft ( MSFT ) founder Bill Gates as the world's richest human ever - at least on paper. Bezos is the largest shareholder of Amazon, the world's biggest online retailer. Bezos surpassed Gates in October past year with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time a month later when the holiday shopping season kicked off on ... [Full Article...]
New BMW M5 Slides Into Guinness World Records With Longest Vehicle Drift
The concentration level to even attempt such a feat is unfathomable to me. The folks at Guinness World Records were also on hand to verify the record. To refuel the hungry 4.4-litre 600hp V8 engine at the hear of this performance sedan, another (read previous gen, F10) M5 driven by BMW's driving instructor Matt Mullins would drift right next to it, while Detroit Speed's Matt Butts was filling the ... [Full Article...]