$FB Last week, Facebook (NASDAQ:FB) announced its Q-1 results, the company said it had set aside $3-B to pay for an expected fine of between $3 to 5-B from the Federal Trade Commission (FTC), and then the company’s share price rose by more than 10. The take-away: $3 to $5-B is pocket change to Facebook. […]
$TSLA FLASH: Tesla’s Elon Musk says it is up to him when to submit Tweets for company approval. The US Securities and Exchange Commission is 2Xing down on the government’s demand to find the Tesla (NASDAQ:TSLA) CEO in contempt of a previous fraud settlement that required him to have the company pre-approve any tweets that […]
Hong Kong’s fine dining scene just got that much fining with the recent opening of 3 new restaurants in Central. 1. Sushi Saito Hong Kong Sushi Saito at Four Seasons Hong Kong Sushi Saito, “the Temple of Sushi in Tokyo”, with 3 Michelin Stars and a spot on Asia’s 50 Best Restaurants List, has opened […]
Temples of haute cuisine, bistros guaranteed to stand the test of time, out-of-the-way boîtes where you are unlikely to see or bump into another tourist. The gastronomic excellence in Paris is unrivaled, renowned for its elegance and sophistication. From Michelin-starred palaces to Parisian barges, here is my selection of a few of the best restaurants […]
Use Your Diet to Combat Air Pollution Pollution is the “largest environmental cause of disease and premature death in the world today,” according to research published in The Lancet recently. The study revealed that 9-M premature deaths were caused by pollution in Y 2015, which is 16% of deaths worldwide. What’s more, among the pollution-related […]
Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead $TSLA Sell all rallies in Tesla is still our call CEO Elon Musk’s future with Tesla (NASDAQ:TSLA) is a bit clearer after the company settled a securities fraud lawsuit with the SEC, but there are other clouds hanging over the niche EV maker. Under an […]
Tesla’s (NASDAQ:TSLA) Settles with SEC, Musk Ousted as COB $TSLA Tesla (NASDAQ:TSLA) and its COB/CEO Elon Musk, 47 anni, have agreed to pay a total of $40-M and make a series of concessions to settle an SEC lawsuit alleging Mr. Musk duped investors with misleading statements about a proposed buyout of the company. The settlement […]
Expat Americans Continue to Renounce Citizenship A steady stream of American citizens reportedly have renounced their citizenship since the implementation of stricter tax rules. Many Americans who live in other countries face higher tax bills, difficulty in obtaining and keeping financial accounts and complex retirement savings rules Some advocates urge the US government to tax […]
Nothing Compares to Rare, Fine, Old Scotch Whisky A rare 60-year-old Macallan whisky fetched $1.01-M at Bonhams Hong Kong Friday, smashing the record for the most expensive bottle ever sold at auction. The record lasted barely a dram, as 2nd bottle, also from the 1926 vintage, went for $1.1- a few hours later at the […]
Sotheby’s (NYSE:BID) Fine Wine Sale Indicate Prices are Rebounding $BID Prices for leading Bordeaux wines are rebounding The 18 April totaled GBP 1.05-M. Auctions are scheduled for New York this week and in London on 16 May. Six magnums of rare Chateau Lafleur 1982 wine from the Pomerol region hammered for $77,095, or more than […]
People Are Eating Fine Meats, the Best in Los Angeles are from Gwen If you are following the latest food trends you know that Americans will consume a record amount of meat in Y 2018 amounting to an average of 222.2 of red lbsmeat and poultry per person. Meat based high-protein diets are popular. Further, we are […]
Fine Arts Investing in 2018 and Beyond $BAC, $SCHW Global managed money, US hedge funds and some of the world’s biggest banks have embraced the predictive properties of machine learning to spot patterns and guide their investment decisions. Could this branch of AI (artificial intelligence) be used to divine the vagaries of the fines arts […]
The Key Points in the Brexit Deal From the Irish border to the divorce bill, the deal struck Friday between Britain and the European Union covers the main terms of divorce. It also paves the way for the 2 sides to start negotiating on the Key points of their future relationship, such as trade. Below […]
F1: Schumacher Seen as Ferrari’s Greatest Driver $RACE Michael Schumacher has been voted the greatest Ferrari driver of all-time in a reader poll conducted by F1 Racing Mag, topping the list ahead of Sebastian Vettel, Kimi Raikkonen and Gilles Villeneuve. To celebrate 70 years of Ferrari, F1 Racing asked its readers and the online forum […]
Sotheby’s Contemporary Art Evening Auction Totals $310.3-M $BID, $RACE Notably, the Y 2001 Ferrari F2001 sold for $7.5-M against a high estimate of $4-M, Michael Schumacher’s Monaco Grand Prix-Winning Ferrari F2001 broke the auction record for a modern era F1 car following a 6-min battle between 8 bidders represented by both Sotheby’s and Sotheby’s specialists. This is […]
China’s Money/Hollywood Tie-up, is it Over? $VIA, $AMC, $BABA Billions of USDs have been thrown into question as Chinese regulators crack down on overseas investments, Paramount’s, a unit of Viacon (NYSE:VIA), backer skips a payment, and both President Trump and some Democrats have taken a protectionist stance. For almost 5 years, Hollywood has been bolstered […]
UAE Bans All Expression of Sympathy Towards Qatar Abu Dhabi Petroleum Ports Authority has re-imposed a ban on Oil tankers linked to Qatar Bahrain demands that Qatar distance itself from Iran Saudi and its allies add people, groups with Qatar links to terrorism lists Qatar vows no surrender in Gulf crisis as US, Kuwait seek […]
Over 50 Countries Will Attend Cuba’s Habanos Cigar Festival Representatives from over 50 countries will participate in the 19th Habanos Cigar Festival, the event organizer said Tuesday. This year’s festival, to be held in Havana from Feb. 27 to March 3, will see a number of star presentations, with the H. Upmann house which received […]
$80 Fine for Saudi Motorists Caught Playing Pokemon Go $NTDOY “Playing Pokemon Go will distract the driver who may hurt himself, other motorists and pedestrians,” an official warned. Saudi Motorists found playing mobile game Pokemon Go will be fined SAR 300 ($80), the country’s traffic department said. The Traffic Department director general for the Eastern […]
Tips on How to Sell Your Million/s Dollar Vintage or Classic Car $BID Each and every year since 1971 hundreds of millions of dollars’ worth of classic and vintage collector cars find new homes via the world’s prestigious auctions and private treaty transactions. This year sales predictions this year are cautiously optimistic. But, no matter […]