The Yum Brands-owned Taco Bell unveiled Wednesday a new addition to its One Dollar Menu: The Nacho Fries. The new menu item will reportedly sell for a limited period of time, starting Jan. 25. The price of a portion of Nacho Fries will be $1. The company plans to test other 19 $1 items nationwide […]
In Wake of Washington’s Tax Overhaul, China Strikes Back
Even though Washington’s tax overhaul means lower corporate taxes and higher chances that U.S. companies will return home, China has just recently announced a series of tax breaks to convince these same companies to stay. Beijing announced the decision on Thursday evening. This marked the first serious reaction by a foreign nation to the […]
After Reporting Record Compensation Package, Apple CEO Switches to Private Jets
Apple Inc’s chief executive Tim Cook has just received a record compensation package of $102 million this fiscal year. This news was followed by a report that stated that starting now, he will be using private jets for business and personal travel over security concerns. According to Bloomberg, Cook’s base salary is $3.06 million […]
World’s 500 Richest People Added $1 Trillion to Their Fortune This Year
The total fortune of the world’s 500 richest people jumped by $1 trillion this year thanks to a rebound of the stock market. In other words, the world’s wealthiest individuals saw their annual gains jump four times than the 2016 levels. According to Bloomberg’s Billionaire Index, the collective wealth of the planet’s 500 most fortunate […]
Company’s Value Soars 500% For Changing Name to Include ‘Blockchain’
Long Island Iced Tea Corp, a company selling lemonades and iced tea in Long Island, New York, had the genius idea of changing its name to include the word “blockchain”. The result? Its pre-market stock value soared 500% overnight to stabilize to 275%. The company’s new name, Long Blockchain Corp, brought an extra benefit. It became […]
EU to Uber: You’re a Transportation Firm, Not Digital Company
A EU court has just ruled that the U.S.-based taxi app firm Uber is by no means a digital company as the firm has said for years. The European Court of Justice (ECJ) thinks the company is a transportation firm and should follow transportation regulations across the union. Uber said that it was a digital […]
Bitcoin Volatility Is Off the Charts, Bankers Are Concerned
On Thursday, bitcoin soared to $19,000, fell back to $16,000, and then went up and down before hitting the $17,000 mark. And all these in only one day. The increased volatility occurred just days before a U.S. exchange will include bitcoin futures. Several banks said the would limit their clients’ possibility of trading futures next […]
What Does a Government Shutdown Really Mean?
As congressional Democrats and Republicans are scrambling to pass a spending bill that would prevent a government shutdown on Dec. 8, funding for the wide range of federal activities is about to run dry. If the deal fails to make it past Congress, Washington will face an abrupt and painful halt to prevent a spending […]
60% of Black Friday Deals Overhyped, Experts
A group of British experts found that 60 percent of Black Friday deals are not real deals. Some of the products can be bought for the same price throughout the year while others had been already discounted before the big night. In the U.K., the Black Friday shopping extravaganza is worth more than £10 billion […]
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