Rescue diver demands $190M in ‘pedo guy’ suit against Elon Musk

A lawyer for the British cave explorer suing Elon Musk said in Los Angeles federal court Friday that the Tesla founder should pay at least $190 million for branding his client a “pedo guy” in a heated Twitter exchange. Attorney L. Lin Wood said in closing arguments that Musk’s suggestion that his client, Vernon Unsworth, was a pedophile was like […]

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UPDATE 3-TREASURIES-U.S. Treasury yields jump after non-farm payrolls rise

(Updates market activity) By Ross Kerber and Arjun Panchadar BOSTON/BENGALURU, Dec 6 (Reuters) – U.S. Treasury yields rose on Friday after the Labor Department reported job growth increased by the most in 10 months in November. The benchmark 10-year yield was 4.3 basis points higher at 1.8381% in afternoon trading, reflecting greater investor appetite for risk. Analysts said the jobs […]

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Varney: The left is unhinged

Varney: Democrats rattled by impeachment FOX Business’ Stuart Varney on the impact House Democrats’ impeachment push is having on Nancy Pelosi’s party and 2020 Democratic candidate Joe Biden’s recent comments in Iowa. FOX Business’ Stuart Varney argued Democrats, not Republicans, are the ones who appear to be rattled by their push to impeach President Trump, in his latest “My Take.” […]

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Chinese venture capital dollars nosedive in 2019

Trump: China trade talks ‘moving along well,’ unsure if tariffs will go into effect next week President Trump talks with White House press about negotiations. Venture capital funding in China has declined in the last quarter of 2019, contributing to a lackluster year. Continue Reading Below Between Oct. 1 and Nov. 19, Chinese businesses inked 183 deals for $4.1 billion […]

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Investors pull £2.8bn out of UK property funds amid high street gloom

Investors pulled almost £3bn out of UK property funds over the past year, highlighting the toll that extended Brexit uncertainty and high street gloom have had on the sector. Data prepared by Morningstar shows that £2.8bn was taken from 15 open-ended commercial property funds that offer daily liquidity to investors, putting pressure on the cash buffers used to cover customer […]

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Singapore Airshow in February to be fully solar-powered

SINGAPORE (THE BUSINESS TIMES) – The Singapore Airshow 2020 will be fully solar-powered for the first time in its 12-year history, as sustainability becomes a key area of focus for the biennial event next February. To be held at Experia Events’ Changi Exhibition Centre, the aviation show will be powered by over 15,000 solar panels capable of producing 7,840 megawatt […]

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Tufts University severs ties with family behind OxyContin

Purdue Pharma files for bankruptcy as part of settlement: Report FOX Business’ Susan Li reports on Purdue Pharma’s filing for bankruptcy. By COLLIN BINKLEY AP Education Writer Continue Reading Below BOSTON (AP) — Members of the family that own OxyContin maker Purdue Pharma say they will push to reverse Tufts University's decision to strip their name from campus facilities and […]

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U.S. cracks down on Russian 'Evil Corp' hackers after $100 million spree

WASHINGTON (Reuters) – U.S. authorities on Thursday took aim at a Russian cybercriminal group known as Evil Corp, indicting its Lamborghini-driving alleged leader and ordering asset freezes against 17 of his associates over a digital crime spree that has netted more than $100 million from companies across the world. The action against Evil Corp., described by officials as one of […]

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