Markets
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...]
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
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...]
Netanyahu's son 'sorry' for boasts about gas deal outside strip club
Jerusalem remains at the heart of the Middle East conflict with Palestinians hoping that East Jerusalem - occupied by Israel - might eventually serve as the capital of an independent state of Palestine. "I never understood what pushed him to act against the interest of the public and in favor of Teshuva, Nobel and Maimon". "It can't be that our money funds a vehicle and bodyguard for the prime... [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...]
IShares Core Russell US Growth (IUSG) Rises 0.1843% for Jan 9
In general, companies with the lowest combined rank may be the higher quality picks. If we take a wider approach, shares have been trading -0.56% away from the 200-day moving average. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Checking on another technical indicator, the 14-day RSI is now sitting at 74.15. [Full Article...]
Allegiant Air announces two new direct flights
Allegiant said the Sarasota/Bradenton flights are year-round to Sarasota-Bradenton International Airport. The Charleston flight takes off April 6 and the Sarasota flight launches April 11. Allegiant estimates the new service will bring nearly 30,000 passengers to the Holy City. Piccolo said SRQ and the Bradenton-Sarasota community have long desired the addition of Allegiant as a local carrier. [Full Article...]