Tesla (NASDAQ:TSLA) Investigation: SEC Asked About ‘420 Funding Secured’ Tweet $TSLA Tesla’s (NASDAQ:TSLA) biggest institutional investor said Wednesday it was questioned by the SEC about Elon Musk’s now-abandoned plans to take the fledgling EV maker private and that the CEO needed help running the company. “He needs help, and I mean that psychologically as much […]
Tesla’s (NASDAQ:TSLA) Suppliers See Bankruptcy Ahead $TSLA Many of the Top executives at auto suppliers surveyed by an industry association said they were worried about Tesla (NASDAQ:TSLA) filing for bankruptcy in the near future, and see Tesla as a financial risk to their companies. “We are definitely not going bankrupt,” Tesla CEO Elon Musk told the WS-J […]
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Judge Cannot Block President Trump’s Defunding of Sanctuary Cities President Donald Trump’s executive order threatening to withhold funding from “sanctuary cities” that limit cooperation with immigration authorities is unconstitutional, but a judge went too far when he blocked its enforcement nationwide, a US appeals court ruled Wednesday. In a 2-1 ruling, the 9th US Circuit […]
Decoding ICOs, What They Mean Here are some details relevant to the growing popularity of ICOs (initial coin offerings) It seems that we are living in a global news cycle dominated by stories revolving around blockchain and cryptocurrency, and the GCC region is no different. Dubai has announced plans towards becoming the 1st blockchain-powered government in […]
Leaders of US Sanctuary Cities Should Be Charged With Crimes The acting director of US Immigration and Customs Enforcement (ICE) says politicians who run sanctuary cities should be charged with crimes. Thomas Homan said in a TV interview Tuesday that the Department of Justice (DOJ) needs to file charges against municipalities that do not cooperate […]
More Flooding Ahead for Texas, Losses Mounting $USO, $UNG, $UGA The flood waters deepen in Houston, the Hub of the US Crude Oil industry. As floods inundated the nation’s 4th-largest city Monday, with an estimated 20 ins of rain still to come, predictions of damage ranged as high as $100-B. Wall Street and Washington braced […]
There is No Need for a Government Shutdown $DIA, $SPY, $QQQ, $VXX Wednesday, the US stock market moved lower on come concern of a potential government shutdown and following a report that highlighted a disagreement between President Trump and Senate Majority Leader Mitch McConnell (R-KY) Wall Street cheered Tuesday reports suggesting that White House aids and […]
VR Gaming News: Crowdfunding a Hit Being one of the hottest trending industries right now it’s no surprise VRgluv (www.vrgluv.com) soared past their $100k crowdfunding goal in just 56 hours. Their gloves give users the ability to see, use, and even feel their hands in VR using force-feedback technology, and players from the gaming, medical, […]
Commentary: The Continuing Funding of the US Government We are all aware that next week Friday, 28 April the US government funding for the remainder of Y 2017 runs out. My prediction is that Congress, coming back this coming Monday from 2 weeks off, will pass a 2 week CR (continuing resolution) to give them […]
Starting a Business from Scratch, Some “Scary” Issues Starting from scratch can be both exciting and frightening for entrepreneurs. This is true whether you’re a 1st-time entrepreneur or you have ecently quit your day job to start up a new company. Right now your future has no limits. You might be building the next billion […]
State Department to Probe US Funding of Soros Groups GOP Senators are asking Secretary of State Rex Tillerson to investigate claims that US taxpayer money is being used to back left-wing billionaire George Soros’ political meddling and similar efforts overseas. A letter sent Tuesday asked for a probe into how US funds are being used by […]
President Trump Pares US Involvement in UN Activities Outside America’s Interest US President Donald Trump is/has preparing an executive order that will significantly reduce US involvement in the United Nations. The draft order, “Auditing and Reducing US Funding of International Organizations,” would terminate funding completely for any international organization that meets one or more of […]
President Trump, “I will work with the Congress to end taxpayer funding of Abortion” US Vice President Mike Pence told a crowd gathered Friday in Washington, DC for the annual March for Life rally that ending taxpayer-funded abortion and choosing a Supreme Court justice who will uphold “God-given” liberties are among top priorities of the […]
Barack Hussein Obama Sent $221-M to the “Palestinians” as His Last Act US officials said Monday that the Obama Administration in its final hour defied Republican opposition and quietly released $221-M to the Palestinian Authority that GOP members of Congress had been blocking. A State Department official and several congressional aides said the outgoing administration […]
The Do/Don’t of US Military Aid to Israel More specifics about congressional restrictions on US military aid for Israel have emerged with the State Department release of the memorandum of understanding (MOU) governing the bilateral pact signed nearly four months ago. Details of the $38 billion deal, which covers fiscal years 2019 to 2028, provide […]
Terrorist’s Plan Violent Protest at Donald Trump’s Inauguration For anyone who hasn’t already heard, several different far-left activist groups including but not limited to Rising Tide North America, Showing up For Racial Justice, and Black Lives Matter are actively engaged now in various stages of planning for a violent uprising on Donald Trump‘s Inauguration Day. In […]
Florida Gov. Rick Scott Renewed Vow to Eliminate Homegrown Zika Florida Governor Rick Scott has renewed his vow to eliminate homegrown Zika from Miami-Dade County, the only place in the US where the disease is spreading locally. “I know that everyone here is very concerned about how we can stop the spread of Zika. Our […]
Florida’s ‘Home Grown’ Zika Cases Top 1000 The total number of people in Florida infected by the Zika virus now tops 1,000, state officials say. A total of 1,014 have contracted the virus since state health officials began keeping the tally, the officials said Wednesday. That total includes 6 new cases of homegrown Zika and […]
A $7-T Event in the World’s Financial Markets Is Looming $GS, $DB, $JPM If the London Interbank Borrowing Rate aka LIBOR was a musical artist, or an actor, or a sports team, we will be calling Y 2016 its comeback year. Not since the financial crisis of Y 2008 has Libor, to which almost $7-T […]
Protect Yourself from Mosquito Born Zika Virus the Natural Way Thursday, the US Congress authorized $1.1-B to fight Zika, with the virus threatening the US. Nevertheless, pregnant women still face the choice to cover themselves with chemically-laden bug repellent or risk catching the virus, which can cause microcephaly and other heartbreaking brain defects in newborns. […]
US Congress Passes Funding Bill, Government Shutdown Averted The US Congress approved a stop-gap funding bill Wednesday that averts a looming federal government shutdown and provides urgently needed money to help battle an outbreak of the Zika virus. Passage of the bi-partisan legislation came shortly after Republicans and Democrats ended its fight over whether Washington […]
Cut off the Funding by Individuals for Race Wars and Domestic Terrorism A group led by Freedom Watch founder Larry Klayman is suing several people and groups regarding funding of the anti-police movement that is sweeping across the country. Hillary Clinton, President Barack Hussein Obama, Louis Farrakhan, Al Sharpton, Black Lives Matter, the New Black […]
No New Zika Cases in Wynwood (Miami) in 45 Days Monday, US health officials on continued to advise pregnant women and their partners to consider postponing non-essential travel to Miami to avoid the risk of exposure to Zika, even as Florida Governor Rick Scott declared the city’s Wynwood neighborhood Zika-free and invited visitors to return. […]
The Zika Virus is Here, So Fight the Bugs “Smart” According to the data there have been more than 18,000 cases of Zika virus in the US and its territories. Researchers are trying to understand both how the virus enters the body, how it behaves, and how it’s passed to other people, along with the […]
Japan’s Takeda Pharmaceutical to Develop a Vaccine for Zika Virus $TKPYY Takeda Pharmaceutical Co. won US government funding to develop a vaccine for the Zika virus, a mosquito-borne pathogen that’s spreading rapidly through the Americas. The Osaka, Japan-based company was awarded a contract for as much as $312-M from the US Health and Human Services […]
Crowdfunding, A New Frontier in Public Finance Enter: Friends and Benefactors 1. Friend: a person whom one knows and with whom one has a bond of mutual affection, typically exclusive of sexual or family relations. 2. Benefactor: a person who gives money or other help to a person or cause. 3. A Friend/Benefactor combined can […]
Anti-Aging Drugs Being Tested for Dogs Dog owners are eager to find ways to extend the lifespans of their companions. A drug found to extend the lifespan of mice is being tested in dogs in hopes it could not only help them live longer, but possibly humans as well, news report say. Rapamycin, which appears […]
The Cost of Natural Disasters in Australia in the Billions The cost of natural disasters, fires and floods, in Australia is now 50% more than previously estimated, A$9-B in Y 2015, and is set to increase to $33-B by Y 2050 even ignoring the effect of climate change, according to 2 reports commissioned by the […]