Markets
Everything you need to know about Libra, Facebook's ambitious cryptocurrency
Facebook is working alongside 27 launch partners for Libra, including PayPal, Visa , Uber, Coinbase, Lyft, Mastercard, Vodafone , eBay and Spotify, but aims to have 100 members in the Libra Association by 2020. "Libra will disrupt and weaken nation states by enabling people to move out of unstable local currencies and into a currency denominated in dollars and euros and managed by corporations",... [Full Article...]
Vancouver-area home sales fall in June: REBGV
June 2019's sales total also marks a 21.3 per cent decrease from May 2019, when 2,638 homes sold, and a 34.7 per cent drop below the 10-year June sales average - the lowest for the month of June since 2000. That said, the overall region's ratio is academic for most buyers and sellers, as people buy and sell locally and within a certain property category. [Full Article...]
UK's financial watchdog proposes to ban crypto derivatives for retail investors
The FCA "considers these products are ill-suited to retail consumers who can not reliably assess the value and risks of derivatives or exchange traded notes (ETNs) that reference certain crypto-assets", it said in a statement on its public consultation on the proposed ban. [Full Article...]
Elizabeth Warren calls on ex-FDA chief to resign from Pfizer board
In the same interview , Gottlieb also responded to the growing momentum for a socialized health system like Medicare-for-all, which has been supported by almost all Democratic presidential candidates, including Warren . "Unlike other administration officials who dedicated themselves to rolling back public health and consumer regulations, you often used your tenure to strengthen protections for A... [Full Article...]
Coal company with Kentucky mines files for bankruptcy
The mines produced over 33 million short tons (30 million metric tons) of coal in 2017 and have almost 600 workers . Coal production has dropped dramatically in eastern Kentucky from producing 68 million tons of coal in 2011 to 17 million tons previous year, a Kentucky Energy and Environment Cabinet report shows. [Full Article...]
Network Rail 'to bid for part of British Steel'
A general view shows the British Steel works in Scunthorpe, Britain, May 21, 2019. According to the Sunday Telegraph , Network Rail has made a bid for British steel's rail services business, which is responsible for producing rails for the United Kingdom network. [Full Article...]
ADP: Modest job gains in June hint at slowing economy
In May, the US added a less-than-expected 75,000 jobs. The energy and mining sector lost 4,000 jobs. The goods-producing sector lose 15,000 positions, while the service-providing sector added 117,000. "I think the economy is on the razor's edge, and this number is consistent with that view". The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report o... [Full Article...]
Blue Bell looking for ice cream-licking prankster in sick viral video
The video has racked up 10.6 million views since it was posted on Saturday, with a number of outraged responses. The woman appears to place the now tainted container back on the shelf at the end of the video. The folks at Blue Bell and authorities are now tracking her down. But Blue Bell, which is based in Brenham, Texas, says concerned customers should easily notice tampering because their lids... [Full Article...]