Sanctions have blocked Alisher Usmanov from paying workers renovating his villas in Germany, NYT reports. The Russian oligarch owes local contractors around $1 million, a craftsman told the outlet. Usmanov is currently ranked the fifth richest…
Elon Musk Skeptic Calls Teslas Bluff, Bets You…
By CCN: Whitney Tilson has been shorting Tesla since 2014, and the former hedge fund manager and avid TSLA bear is at it once again. This time he’s willing to bet you $10,000 that Elon…
The Trump administration is preparing tariffs on $300…
The Trump administration is preparing to place tariffs on all remaining Chinese imports. That would affect about $300 billion worth of products. This round of duties would include significantly more everyday products, from phones to…
Dow Rebounds While Clock Ticks on 6-Week Trade…
By CCN: The Dow and broader U.S. stock market climbed back into positive territory on Tuesday, as investors held onto hopes that the Trump administration would be able to persuade China into signing a trade…
Charlie Lee Tempts Fate, Offloads Physical Litecoin Collectibles…
By CCN: Charlie Lee is selling more Litecoin, but not of the digital variety. After liquidating his LTC portfolio at year-end 2017, the Litecoin creator is now auctioning off what he describes as “unique collectibles”.…
Ubers underwriters were so worried about its IPO…
Uber's underwriters were so concerned about the ride-hailing giant's stock-market debut that they deployed a rare tactic to support the stock called a "naked short," CNBC reported on Tuesday. The strategy sought to prevent large…
AOC & Bernie Sanders Spew Socialist Propaganda to…
By CCN: Billionaire Mark Cuban slammed progressive politicians Alexandria Ocasio-Cortez (AOC) and Bernie Sanders for what he says are their misconceptions about how helpful socialism can be. The man who self-identifies as a “hardcore capitalist”…
Bitcoin Price Boom Resurrects Once-Feverish Penny Stocks
By CCN: The feverish Bitcoin price rally appears to be spilling over into the stock market, where ice-cold blockchain stocks are once again showing signs of life – and investor FOMO. Bloomberg’s Bailey Lipschultz notes…
AOC & Bernie Sanders Spew Socialist Propaganda to…
By CCN: Billionaire Mark Cuban slammed progressive politicians Alexandria Ocasio-Cortez (AOC) and Bernie Sanders for what he says are their misconceptions about how helpful socialism can be. The man who self-identifies as a “hardcore capitalist”…