Finance

5 State Taxes Issues That Could Hit Your Wallet

State legislatures might try to tax more items this year, from sports betting to marijuana. Here are some current trends.

Nancy Pelosi Suggests Trump Reschedules SOTU…

As a result of the government shutdown.

Apple Reportedly Set To Reduce Hiring

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday. CEO Tim Cook told employees during a meeting earlier this month that Apple would reduce hiring for certain unspecified groups, but said the company would not impose a hiring freeze, Bloomberg reported citing anonymous sources. Cook said he still had not decided which groups within Apple would be affected.

Theresa May Narrowly Survives No-Confidence Vote

Even though her Brexit deal was overwhelmingly rejected.

Governor's Husband Cleans Park Bathroom, Bills…

Among the “grim consequences” of the ongoing government shutdown, the Guardian notes, are “messy toilets, broken Joshua trees , and unsupervised campers” at national parks around the US. In Oregon, Dan Little, husband of Gov. Kate Brown, got his hands dirty this month to mitigate at least one of those consequences—...

Parliament's Confidence In Prime Minister Boosts…

According to Reuters, the sterling is trading higher after British Prime Minister Theresa May’s government won a vote of confidence in Parliament. But the sterling's gains on the day are marginal, increasing by one-tenth of a percent, and trading at $1.28. MSCI's all country world stock index also rose, but by a margin of four-tenths of a percent. In Europe, the Stoxx 600 index hardly blinked at the Brexit drama in London, gaining half a percent on the day. And the euro was trading down one-tenth of a percent, falling to $1.14.

U.S. Brings Multiple Charges Over 2016 SEC Data…

Allegedly seven individuals and two companies made $4.1 million in illegal profits.

Feds: Georgia Man Was Plotting White House Attack

A 21-year-old Georgia man has been arrested for allegedly plotting to attack the White House and other federal buildings, CNN reports. Authorities say Hasher Taheb planned to use explosives and an anti-tank rocket. “His alleged intent was to attack the White House and other targets of opportunity in the Washington...

Forced to Work on Sundays, Dishwasher Awarded $21M

A dishwasher at a Miami hotel claimed in a lawsuit that her former employer violated her religious rights by scheduling her to work on Sundays. This week, a jury agreed and awarded Marie Jean Pierre $21 million in punitive damages, NBC reports. But, as WTVJ points out, she’ll end up...

France Finance Minister Wants Ghosn Out At Renault

According to Automotive News, France's finance minister has called for the ouster of Renault CEO Carlos Ghosn. The French government is the one of Renault's key shareholders, holding a 15-percent stake int he auto manufacturer. Finance Minister Bruno Le Maire called for Ghosn to be dismissed as Renault's CEO following allegations of financial misconduct. The disgraced auto executive was arrested in Japan late last year following a two-month investigation that included Renault's automotive allies, Nissan and Mitsubishi.

McDonald's Loses ‘Big Mac’ Trademark Across Europe

Irish company Supermac wasn't "lovin' it."

Boyfriend of Slain Cop Arrested for Her Murder

The boyfriend of Chateri Payne, the rookie Louisiana police officer killed the night of Jan. 9 outsider her home as she prepared to go to work , has been arrested in her murder. Police say Treveon Anderson, 26, Payne's live-in boyfriend and the father of her young daughter, called 911 and...

Global Stocks Don't Blink After Brexit Voted Down

According to Reuters, stocks around the world didn't even blink over Brexit's defeat in Parliament. A day after the UK's withdrawal agreement from the EU was voted down by the House of Commons, stocks are still up around the world. On the day for Jan. 16th, MSCI's all country world index rose by four-tenths of a percent. In Europe, the Stoxx 600 Index rose half a percent, while Germany's DAX index rose about four-tenths of a percent. On Wall Street, the Dow Jones Industrial Average rose by 219-points, rising to 24,284. The Nasdaq Composite gained about 33-points, while the S&P 500 added 15-points.

China Plants the First Seed on the Moon

Cotton? On the moon?

Cotton Sprout on the Moon Has Perished

Just a day after announcing that it had successfully sprouted a cotton plant aboard a probe on the moon’s surface, the China National Space Administration said Wednesday that the plant died with the onset of the frigid lunar night, the Guardian reports. Nighttime temperatures on the moon can plummet to...

WeWork CEO Draws Concern From Investors Over…

WeWork CEO Adam Neumann reportedly made millions of dollars by renting office space in buildings that he partially owns back to the company, according to a Wall Street Journal report on Wednesday. In a filing for prospective investors last year, WeWork reportedly disclosed that it paid $12 million in rent between 2016 and 2017 to buildings "partially owned by officers" of WeWork. Investors tell the Journal that they're concerned that the situation creates a conflict of interest — if those buildings were to raise their rents, Neumann could potentially stand to benefit.

Weed on Wall Street

How Tilray is bringing cannabis products to the global consumer.