Newsletter
Paypal´s move to raise transaction fees causes panic
Small business owners will struggle with their payments as online transaction platforms Paypal Holdings Inc (NASDAQ: PYPL) and Venmo decided to increase their transaction fees. These new changes will take effect on July 20th. So it is now up to the small …
Bidding war erupts for Amazon´s most lucrative sellers
Investors looking for profitable brands on Amazon.com, Inc. (NASDAQ: AMZN) are engaging in bid wars due to intense competition to find the next big thing. What do most investors focus on? The numerous small to medium-sized businesses that have been set up …
Chinese data on oil markets lacks transparency
For the first time in eight years, China recorded a year-over-year decline in crude oil imports in the first half of the year, sparking fears in the market that the world's largest oil importer's purchases in the coming months may not be conducive to oil. At …
The FED has a 3 bn dollar problem
On Wednesday, the Federal Reserve announced plans to begin selling corporate bonds under the Secondary Market Corporate Credit Facility ("SMCCF"), an emergency credit facility that helped support credit markets during the pandemic. With this move, the central …
Revive Therapeutics with Update on Bucillamine Tests
Aside from sounding like pasta, bucillamine is an anti-inflammatory drug with a known safety profile that is commonly prescribed for the treatment of rheumatoid arthritis. However, various studies led by Revive have explored other uses for bucillamine, …
OPEC+ announces supply boost
OPEC + ministers on Sunday agreed to increase oil supplies from August to cool prices, which have soared to 2-1 / 2-year highs, as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, …
Biden plans to push through his 3.5 tn infrastructure program
Senate Democrats agreed this week on a $ 3.5 trillion "human infrastructure" plan to expand spending on elderly health care, climate change and family support programs in an attempt to circumvent Republican opposition to massive infrastructure spending plans. …
Sacha Baron Cohen is suing a cannabis company
Actor and comedian Sacha Baron Cohen, best known for his role as Borat, is suing a cannabis company over a Borat billboard. On Monday, Cohen filed a lawsuit against a cannabis company for using the likeness of its famous character Borat in its billboard …
Wells Fargo faces harsh criticism in the US
Wells Fargo did it again. The major US bank has tried in recent years to restore its reputation tarnished by major scandals; and now she's back in the spotlight. In a six-page letter received from CNBC's customers, Wells Fargo has informed its customers that …
Tesla fined by German authorities... for a very German thing
The Brandenburg Ministry of the Environment claims that Tesla Inc. (NASDAQ: TSLA) built sewage tanks in their Gigafactory without permission. This illegal construction activity on the planned factory site in Brandenburg cost Tesla a fine. The electric car …