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Category: Business

AMC Announces Theaters Will Accept 4 Cryptos: The Stresses of a Meme Stock and AMC Entertainment’s CEO’s Newest Assemblage of Financial Tools

AMC Entertainment announced that it would accept four different cryptocurrencies for movie tickets or for purchases at its concessions. The decision has investors and moviegoers alike wondering: Why four cryptos? Adam Aron, the chief...

Coinbase Increases Bond Sale From $1.5 Billion to $2 Billion: Crypto Exchange Makes Massive Leap as Private Investors Bite

Coinbase has upped the size of its bond sale from a planned $1.5 billion to $2 billion given the unexpected flood of bids from private investors. Coinbase, a cryptocurrency exchange founded in June...

Virgin Galactic Test Flight Postponed: Another Setback for Richard Branson and for Commerce in Space?

Virgin Galactic has postponed a test flight because, it says, a third party supplier "flagged a potential manufacturing defect in a component of the flight control actuation system."  The test, known as Unity...

Coinseed Will Shut Down and Pay $3 Million to Crypto Investors Who Were Charged Fraudulent Investment Fees

Coinseed, a cryptocurrency trading company based in New York City, was ordered to shut down following an investigation into the app's fraudulent investment charges. Carried out by New York State Attorney General,...

Why Was Ashley Gjovik Fired by Apple? Manager Let Go After Leaking Allegations of Workplace Harassment

Ashley Gjovik, a senior engineering program manager at Apple, was fired this week for violating company rules against leaking private company information. The issue, is that what Gjovik leaked included various accounts...

McDonald’s Has Been Hiring 14-Year-Olds: Why the Fast Food Chain Didn’t Have Much Choice (ANALYSIS)

A recent BBC report started with a McDonald’s franchise in Medford, Oregon that put a banner up outside its store saying, “Now Hiring 14 & 15 Year Olds.” The Medford franchise is...

Arthur Bates Jr. Claims He Was Hit By Tesla: Dashcam Footage Proved the Incident Was Staged (VIDEO)

Arthur Bates Jr., a 47-year-old Louisiana native who claimed that he was hit by a Tesla, was found to be a fraud after dashcam footage revealed that the entire incident was staged. According...

Smith & Wesson Guns Are Selling So Well that the Company is Running Low on Inventory (OP-ED)

Smith & Wesson Brands Inc. (NASDAQ: SWBI), a renowned gun manufacturer (founded in 1852) headquartered in Springfield, Massachusetts, has a problem. School shootings are not the issue. Rather, Smith & Wesson has...

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