Monday, June 14, 2021

Paris Hilton invests in NFT platform Origin Protocol

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Paris Hilton is doubling down on NFTs. The hotel heiress revealed Tuesday that she has invested in Origin Protocol, a decentralized platform that’s focused on launching NFTs, or non-fungible tokens, and is joining the...

China arrests 1,100 crypto users on money laundering charges

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China’s crackdown on cryptocurrencies is heating up with a series of arrests that suggest digital currency users can be traced. More than 1,100 people who allegedly used cryptocurrencies to launder profits from frauds...

McDonald’s beats racial bias lawsuit brought by black franchise owners

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A federal judge has dismissed a lawsuit accusing McDonald’s of racial discrimination for steering black franchise owners to underperforming stores. In a decision on Tuesday, US District Judge Harry Leinenweber said the plaintiffs did not...

Luxury condo building success crucial to Manhattan FiDi

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The epic conversion of One Wall Street from offices to luxury condos poses a big risk for developer Harry Macklowe, who’s invested $1.5 billion in the landmarked former Irving Bank tower with plans...

Bill Gates, Warren Buffett building nuclear reactor in Wyoming

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Billionaire buddies Bill Gates and Warren Buffett are teaming up to build a nuclear reactor — on the site of a coal plant that’s being phased out in Wyoming. Nuclear reactor design company TerraPower,...

Amazon backs effort to legalize pot, drops weed testing for some jobs

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Amazon is throwing its weight behind federal pot legalization. The Jeff Bezos-owned e-commerce giant announced its support for a proposed bill to legalize marijuana across the US — and said that it will no...

Ex-Green Beret, son plead guilty in ex-Nissan chief Carlos Ghosn’s escape

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A former Green Beret and his son both pleaded guilty on Monday to charges that they helped ex-Nissan chairman Carlos Ghosn in his dramatic escape from Japan, according to reports.  Michael Taylor, 60, and...

5 of America’s largest meat plants shuttered after JBS cyberattack

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Five of America’s largest beef plants were shut down Tuesday, following a cyberattack, further throttling a pandemic-ravaged supply chain, reports said.  The closure of the JBS SA plants, which collectively handled 22,500 cattle a...

Nasdaq, stock exchange behind diversity push, blasted for own failures

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Nasdaq has been beating the drum for diversity across corporate America, but the makeup of its executive ranks looks woefully out of step with that high-profile push. Late last year, the tech-heavy stock exchange...

Activist Engine No. 1 wins third seat on Exxon board

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ExxonMobil shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the new firm’s upset victory at one of America’s...

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