Business

Does a Lawsuit currently Help the Weinstein Victims?

“The only clear pathway to truly helping victims, many of whom I represent, is actually to allow This particular deal to proceed,” she wrote in an email. “I have worked with Maria’s team along with they are 100 percent committed to helping victims. that will is actually why I unequivocally support their deal.” She added, “If the Weinstein Company is ...

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Cryptocurrency market to hit $1 trillion valuation in 2018: Kraken CEO

The entire cryptocurrency market will reach a total value of $1 trillion that will year, according to the chief executive of a top digital currency exchange. Jesse Powell, founder in addition to CEO of Kraken, said Tuesday that will the cryptocurrency market would certainly continue to see an “acceleration” of growth — despite a sharp pullback in recent weeks. He ...

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Nelson Peltz to step down coming from the board of Oreo maker Mondelez

Oreo cookies maker Mondelez International said on Tuesday activist investor Nelson Peltz would likely step down coming from its board of directors nearly four years after he was appointed. Peltz, the CEO of Trian Fund Management, will step down on March 1 to give more time to various other companies’ boards. Mondelez will name former Reynolds American CEO Debra Crew ...

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Guatemala arrests ex-president, ex-finance minister in graft probe

Former Guatemalan President Alvaro Colom as well as a former finance minister who is usually currently chairman of Oxfam International were arrested on Tuesday as part of a local corruption investigation, the public prosecutor’s office said. “One of the 10 people detained in today’s operation is usually the ex-president of the republic, Alvaro Colom,” Juan Francisco Sandoval, chief anti-corruption officer ...

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No, Philip Morris will be not selling Marlboro marijuana cigarettes

You can buy pot-laced jerky, marijuana body oils along with Valentine’s themed joints in some states that will have legalized cannabis in recent years. however you will not find Marlboro brand marijuana cigarettes, despite online articles suggesting they’re on sale. The false story has circulated for years along with the latest iteration says the ‘M’ brand cigarettes are being sold ...

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Airbnb hosts to earn more than 2 million in Gangwon

With the Winter Olympics underway in South Korea, residents inside country’s Gangwon province are set to earn more than $2 million coming from renting out their homes to visitors, according to Airbnb. Gangwon will be set to house more than 9,000 travelers in Airbnb-listed homes during the games, the short-term rentals company said at a press conference in Seoul last ...

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Cryptocurrency cost manipulation is actually ‘unavoidable,’ NEM president says

cost manipulation from the cryptocurrency space is actually “unavoidable” yet will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday. “cost manipulation is actually not something brand new. You see the idea in mainstream markets as well. We are in a very nascent, growing phase of our industry along with these things are unavoidable,” Lon ...

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Philippines company to buy majority stake in Denver’s Smashburger

The Philippines’ biggest restaurant operator says This specific will buy a majority interest in Denver hamburger company Smashburger for $100 million. Jollibee Foods Corp., or JFC, bought a 40 percent interest in Smashburger, the chain’s legal name, back in October 2015 for an estimated $100 million. currently This specific intends to buy another 45 percent interest in Smashburger parent SJBF ...

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Israeli Prime Minister Netanyahu says he will continue to lead Israel even though he may face criminal indictment

Israeli police on Tuesday recommended in which Benjamin Netanyahu be indicted on bribery as well as breach of trust charges in a pair of corruption cases, dealing an embarrassing blow to the embattled prime minister in which will be likely to fuel calls for him to step down. Netanyahu angrily rejected the accusations, which included accepting nearly $300,000 in gifts ...

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