France needs its own digital "EuroCoin" to compete with Libra

[ad_1] French Finance Minister Bruno Le Maire said Europe should consider its own "public digital currency" that could challenge Facebook's Libra. The minister's remarks – the latest in a series of concerns about the cryptocurrency projects of the social media giant – were reported by Reuters on September 13. "EuroCoin"? against the titan of technology … Read more

Ford and GM prepare electric vans to get rid of Tesla

[ad_1] By Ben Klayman DETROIT (Reuters) – Large vans reporting the bulk of profits to Ford Motor Co and General Motors Co are late-century remains – with heavy ladder chassis and large combustion engines internally at the front driving the wheels to the rear. Now, Ford and GM are embarking on radical new designs on … Read more

Billionaire investor Carl Icahn will leave New York for Florida

[ad_1] Carl Icahn speaking at the Delivering Alpha conference in New York on September 13, 2016. David A. Grogan | CNBC Billionaire investor Carl Icahn, a born New Yorker who has run his business for decades, has moved his office, more than half of his staff and himself to Florida early next year, Thursday said … Read more

London Stock Exchange rejects Hong Kong's public takeover bid

[ad_1] An aerial view of London Stock Exchange, Paternoster Square Vulture Labs | Moment | Getty Images The London Stock Exchange (LSE) on Friday rejected the Hong Kong Exchange's (HKEX) takeover bid, preferring to stick to its data acquisition and analysis project. Refinitiv. The LSE said in a statement that it had fundamental concerns about … Read more

"Billionaire Undercover" Glenn Stearns is not really a billionaire

[ad_1] <div _ngcontent-c15 = "" innerhtml = " OOn Tuesday, at 10 pm, Glenn Stearns presents American television screens on the streets of Erie, Pennsylvania. Stearns, as star of Discovery Channel's new show, "Undercover Billionaire," is charge to turn $ 100 into a $ 1 million business in 90 days, with the help of a … Read more

We Company IPO: WeWork Announces Nasdaq Listing and Governance Changes

[ad_1] We work; Pictures of Jackal Pan / Getty; Samantha Lee / Business Insider WeWork has announced that it will list its shares on the Nasdaq index. The coworking start-up, struggling with profitability and governance issues, also revealed new constraints for co-founder and CEO Adam Neumann. The company disclosed changes to an amended SEC file. … Read more

A huge economy in sight after a decade of freewheeling growth

[ad_1] The technological reaction has come for the economy of the show. The California bill this week that threatens to turn business drivers into employees rather than independent contractors is the latest decision by regulators and courts around the world that could restrict businesses such as Uber Technologies Inc. UBER 0.21% and Lyft Inc. LYFT … Read more