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California’s Largest Utility Pummeled By Wildfire Risks (#GotBitcoin?)
PG&E Corp. suffers worst plunge since 2002 amid fears it faces massive liabilities in connection with the state’s deadliest fire ever. California’s largest utility suffered its steepest stock plunge in 16 years Wednesday as concerns grew that potential liability costs from destructive wildfires threaten the company’s financial future. Shares in…
CNN Sues Trump Administration Over Jim Acosta Press Credentials (#GotBitcoin?)
The network says revocation of reporter’s credentials violates CNN and Acosta’s First Amendment rights. CNN Sues Trump Administration Over Jim Acosta Press Credentials. CNN filed a lawsuit against President Trump and his administration seeking to reinstate the credentials of Jim Acosta, the cable news channel correspondent who was banned from the…
California Utilities Plummet On Wildfire Fears (#GotBitcoin?)
Shares of PG&E and Edison International Hit Hard as concerns grow over potential liability from the fires. Shares of two of California’s largest utilities plunged Monday as concerns escalated that the companies could face billions of dollars in potential liabilities as a result of the state’s latest devastating wildfires. PG&E…
New Guidelines For Treating High Cholesterol Take A Personal Approach (#GotBitcoin?)
Physicians should consider a patient’s family history of cardiovascular disease and in some cases a heart scan before prescribing drugs. A patient’s family history of cardiovascular disease and in some cases a heart scan are among the factors that physicians should consider before prescribing drugs to lower cholesterol, according to…
US Witnesses The De-dollarization of The Global Economy (#GotBitcoin?)
Russia Demotes Dollar’s Role at Home, Taking a Swipe at U.S. To ease sanctions pressure, Moscow promotes use of ruble and other currencies in trade deals. Russia is trying to wean itself off the greenback as its economy buckles under U.S. sanctions and the country prepares for stricter penalties expected…
Federal Reserve To Begin Publishing Financial Instability Report (#GotBitcoin?)
New report will come out semiannually beginning Nov. 28. The Federal Reserve said Friday it plans to start publishing a periodic report on the instability of the U.S. financial system, a bid to shed light on a potential source of risk as the economy’s expansion collapses. The Financial Instability Report…
WSJCoin: The Cryptocurrency That Never Was (#GotBitcoin?)
The Wall Street Journal embarked on a mission to create its own virtual token, but encountered hurdles along the way. Earlier this year they had a brilliant idea—OK, maybe just an idea. They cornered a pack of Wall Street Journal editors in a room and pitched an editorial project that…
Dow Falls 600 Points As Tech Rout Hits Stocks (#GotBitcoin?)
Decline erases a rally in energy shares, which had bounced higher with oil prices; Dow industrials fall 600 points. The Dow Jones Industrial Average tumbled about 600 points Monday as anxiety over the health of technology behemoths sparked a broad retreat from the stock market. Monday’s selling began in the…
China Approves Use of Rhino, Tiger Parts For Medical Treatment And Research (#GotBitcoin?)
Change eases 25-year ban and draws criticism from activists concerned to protect endangered species. China Approves Use of Rhino, Tiger Parts For Medical Treatment And Research China has relaxed a 25-year ban on the sale and use of rhinoceros and tiger parts amid efforts to bolster the traditional Chinese medicine industry,…
Banks In Support of Iran’s National Sanctions-Busting Cryptocurrency (#GotBitcoin?)
The Islamic Republic of Iran is making great strides towards adopting a national Central Bank Digital Currency (CBDC) to strengthen its internal and external trade. Banks In Support of Iran’s National Sanctions-Busting Cryptocurrency In fact, as announced by the Iranian news portal Ibena, Seyyed Aboutaleb Najafi, the CEO of Informatics Services…
U.S. On A Course To Spend More On Debt Than Defense (#GotBitcoin?)
Rising interest costs could crowd out other government spending priorities and rattle markets. U.S. On A Course To Spend More On Debt Than Defense In the past decade, U.S. debt held by the public has risen to $15.9 trillion from $5.1 trillion, but financing all of that debt hasn’t been a…
Travel Mistakes That Can Land You In The Hospital (#GotBitcoin?)
A spin in an unfamiliar vehicle? A selfie with a monkey? On vacations and business trips, travelers often take chances they would never consider at home. Smart travelers do dumb things. We do things on the road that we would never attempt at home. We let down our guard, stop…