A woman passes by the United States Federal Reserve Building in Washington DC on May 21, 2020. Ting Shen | Xinhua News Agency | fake pictures As the Federal Reserve deepens its purchases of corporate debt, it faces more questions about the consequences of its unprecedented market interventions. Disclosures released …
Read More »The FAA begins test flights of the Boeing 737 Max, a milestone after the accidents
A Boeing 737 MAX 8 aircraft takes off from Renton Municipal Airport near the company’s factory on March 22, 2019 in Renton, Washington. Stephen Brashear | fake pictures The Federal Aviation Administration began certification flights for the Boeing 737 Max on Monday, a key step in allowing the planes to …
Read More »Nikola’s arrest warrants are outpacing the population, but there are risks
Text size The novelty of Nikola’s truck technology adds to the volatility of stocks. Courtesy of Nikola. Stock of pioneering electric trucks and fuel cells Nikola is being surpassed by a related safety: Nikola warranties. There are still opportunities in warrants for aggressive investors, and it could seem like free …
Read More »Wirecard scandal affects users of UK fintech apps Curve, Anna and Pockit
The Curve card and the app are displayed on a smartphone. Curve Thousands of British consumers have been unable to access their cash as some financial technology applications that rely on the Wirecard scandal payment processor were forced to freeze their accounts. On Friday, the Financial Conduct Authority (FCA) ordered …
Read More »‘Berkshire Hathaway of our generation’: Billionaire investor Chamath Palihapitiya is modeling his firm on Warren Buffett’s company
Flickr / JD Lasica Venture capitalist billionaire Chamath Palihapitiya is modeling his Social Capital firm at Warren Buffett’s company. “My ambition is to be the Berkshire Hathaway of our generation,” said the president of Virgin Galactic in a recent Fortune interview. Palihapitiya hopes to make the Capital Stock public and …
Read More »