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In this article TSLA AMZN CNBC’s Jim Cramer on Friday suggested the U.S. impose a surtax on billionaires following this week’s ProPublica report on how some of the richest people on the planet are avoiding taxes. In recent years, billionaires including Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, and businessman Michael Bloomberg, investors Carl
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As some nuclear power companies continue to shut down nuclear reactors for reasons ranging from economic woes to safety concerns, Bill Gates is bullish on nuclear power as a clean energy solution to climate change. Gates, who is also an investor in nuclear power, told the Nuclear Energy Institute’s Nuclear Energy Assembly on Wednesday that
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Today, William Tanuwijaya is a formidable force. As CEO of e-commerce site Tokopedia, the 39-year-old is one-quarter of the leadership of the newly- merged GoTo Group — Indonesia’s most valuable technology company. But his business may never have come to be if it weren’t for his determination in the face of critics. “Tokopedia’s story almost
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Jack Taylor | Getty Images News | Getty Images Cryptocurrency is known for volatility and some experts say crashes tend to happen on weekends. “This has been a phenomenon in crypto for several years,” said Stephen McKeon, associate professor of finance at the University of Oregon in Eugene, Oregon, and partner at Collab+Currency, a cryptocurrency-focused
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Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s are entering the mix. A small 401(k) provider called ForUsAll is now allowing participants to allocate up to 5% of their retirement funds into cryptocurrency.  The offering includes 50 different crypto assets including bitcoin, which
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NASA There’s a new potential risk investors need to watch out for, and it’s out of this world. Exchange-traded fund provider ProcureAM this week submitted a regulatory filing with the SEC citing a new unprecedented risk: unidentified aerial phenomena. ProcureAM — which provides a space-themed ETF that trades under the ticker symbol UFO — added
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A former Commodity Futures Trading Commission chairman is calling for more regulation of stablecoins, or cryptocurrencies created to be pegged to other assets like fiat money. Timothy Massad, who led the commission during much of the Obama administration’s second term, told CNBC’s Jim Cramer that investors would benefit from more transparency in the wake of
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When it comes to fame and infamy, former Theranos CEO Elizabeth Holmes has apparently cornered the market. Internet sellers are cashing in on mugs, T-shirts and even shower curtains in the weeks before her criminal fraud trial starts in August. A review of online stores shows more than 50 listings of Holmes and Theranos merchandise
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