`Merica Coin Replaces U$ Dollar
Mired by a stagnant economy, rife unemployment, and riddled with low consumer confidence, the Presidentor of the United States of North America has signed into law an order to drop the USNA Dollar as standard currency in favor of the newly adopted ‘Merica Coin cryptocurrency.
Marines land on Alcatraz ~ CryptoMiners Riot
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- 1,000 Troops to Be Deployed as U.S. and Iran Move Closer to a FlashpointThe Pentagon said the deployment includes security forces and troops for additional surveillance and intelligence gathering.Matthew Lee, The Associated Press
- How P&G and Thrive Global Want Everyday Products to Make You Feel Good About Yourself: Brainstorm HealthArianna Huffington's Thrive Global struck a wellness-boosting initiative featuring common Procter & Gamble products.Sy Mukherjee
- Target’s Pre-Father’s Day Register Outage Cost the Retailer $50 Million, Analyst SaysTarget brings in up to one-third of its weekly sales on Saturdays.Matthew Boyle, Bloomberg
- The U.S. May Have Snubbed a Critical Dealmaker in China Trade TalksTrump's insistence on being the ultimate deal maker is colliding with how China operates.Erik Sherman
- Facebook’s Cryptocurrency Ambitions Provoke Heated Debate—The LedgerWitness a tribe divided against itself.Robert Hackett, Jeff John Roberts, Jen Wieczner
- The Atlantic introduces a “daily idea” for smart speakersThe Atlantic is launching a new skill for Amazon Echo and Google Home: A “single, illuminating idea” every weekday. From the release: Every weekday, when people ask their smart speakers to play The Atlantic’s Daily Idea, they’ll hear a condensed, one-to two-minute read of an Atlantic story, be it “An Artificial Intelligence Developed Its Own...Laura Hazard Owen
- Why do some people avoid news? Because they don’t trust us — or because they don’t think we add value to their lives?The modern digitally connected human (Homo smartphonicus, identifiable by its trademark slumped shoulders and bleary eyes) has access to more news and information than any other human in history, whenever they want it, most of it free, all of it in their pocket. But it’s not only news that they have more access to —...Joshua Benton
- News outlets will need public support to battle governments set on chilling investigative journalismSometimes the best journalism tells us the worst news. The United States has a tradition of learning troubling news through extraordinary reporting efforts from combat zones. During the Vietnam War, award-winning journalism revealed the slaughter of Vietnamese civilians by American soldiers at My Lai. More recently, reports describing the torture and abuse of prisoners at...Michael J. Socolow
- #919: Are Cities Overrated?Big cities used to be the land of opportunity for most people. But with changes in work, some economists are wondering: Are cities overrated?NPR
- #590: The Planet Money WorkoutGyms don't want you to workout. Or at least, not often. It's better for business that way. Economics explains why.NPR
- #918: The Day Of Two NoonsPeople didn't always know what time it was. But in the nineteenth century, a high school principal, a scientist, and a railroad bureaucrat synchronized the nation.NPR
- #651: The Salmon TabooIn Japan, salmon used to be garbage fish. Today, it's a delicacy. How one Norwegian with a lot of extra fish changed the tastes of a nation.NPR
- #917: Quit Threat!Sometimes an economy can get so strong the power dynamic between bosses and workers flips: Full employment. Are we there yet?NPR
- #916: The Whistleblower WhispererJordan Thomas is a lawyer who represents some of Wall Street's biggest whistleblowers. The life that led him here is extraordinary.NPR
- Alibaba reshuffles management; CFO Wu to oversee strategic investment unitChina's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.
- Asia stocks cautious before Fed, oil on defensiveInvestor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.
- Senator Rubio targets Huawei over patentsU.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology.
- Fed won't move in June - CaronAhead of the central bank policymaker's meeting this week, Washington Crossing Advisors senior portfolio manager Kevin Caron tells Reuters' Fred Katayama the Federal Reserve may further back away from its hawkish position adopted last year.
- Breakingviews TV: Array factorPfizer is buying Array BioPharma for $11 billion, a 62% premium. It’s Big Pharma buying another smallish biotech, but in this case, Array’s backstory is a mix of skill, law and luck, as Rob Cyran explains.
- Sold! Billionaire Patrick Drahi will buy Sotheby's for $3.7 blnPatrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis. Pascale Davies reports.
- Huawei expects $30 billion hit from U.S. banHuawei founder and CEO Ren Zhengfei on Monday revealed the expected damage from a U.S. clampdown. Yahaira Jaquez reports.