Regulation

Elon Musk apologizes for calling Thai cave rescue diver a pedophile

Tesla and SpaceX CEO Elon Musk has apologized for calling a British diver involved in the Thailand cave rescue a pedophile, saying he spoke in anger but was wrong to do so.<p>There was no immediate public reaction to Musk's tweets from diver Vern Unsworth, who in colorful language in a TV interview …

Tesla

Coinbase Says It Was Wrong About SEC Approval of Acquisitions

Coinbase Inc., which on Monday said it got the green light from the U.S. Securities and Exchange Commission to move forward with a trio of …

Cryptocurrency

India’s crippling regulations should have killed e-wallets, but the opposite is happening

India’s e-wallet companies have outdone themselves in the face of regulatory hurdles.<p>In October 2017, when India’s central bank issued a fresh set of regulations for the industry, business was expected to plummet by about 80%. The fear was that customers would be put off by the unnecessary and …

Business (India)

New rules stifle entrepreneurship in Cuba | Financial Times

Print this page<p>Cuba is to end its freeze on issuing licences for private businesses, but the government has also issued new regulations aimed at …

Cuba

La Liga President Claims Cristiano Ronaldo Joined Juventus Due to Financial Issues

The president of La Liga has claimed that Cristiano Ronaldo<p>opted to leave Real Madrid this summer due to the recently implemented financial …

Soccer

What you should know before installing solar panels

An electrician is encouraging consumers to do their research before installing solar panels.<p>Matt Eye, owner of M.B. Eye Electrical, said many clients …

Solar Power

​Mastercard to link crypto to fiat currency with new patent

Mastercard has patented a method and system for the 'linkage of blockchain-based assets to fiat currency accounts'.<p>Mastercard has been granted a …

Tech Trends

A New Reason to Worry About Politicized Government

Last week, the White House issued a very dull but very consequential executive order. It mandated that administrative law judges — some 2,000 of whom inhabit the federal ecosystem — be appointed by the heads of their agencies, rather than hired through normal civil-service procedures.<p>The order was …

Donald Trump

Comerica earns post-earnings upgrade from Bank of America.

Analyst Erika Najarian notes that Comerica now trades at parity on earnings to regional banks that are participant to CCAR. The company is no longer …

Business

2019 Audi TT Facelift Leaked: TTS Loses 4 HP, TT RS Looks Like RS5

Yesterday's official TT facelift teaser from Audi came at roughly the same time as this set of leaked photos. They mostly show the TTS Coupe with one …

Facelifts

No big deal or a 'bloodbath'? Mission Beach reacts to city council limits on Airbnb rentals

Maurice Maio is the owner of San Diego Beach King, a vacation rentals business in Mission Beach. But he didn’t sound like royalty on Tuesday, one day …

Hospitality

NRA-ILA | Federal Court Upholds Decision to Block California’s Magazine Ban

FAIRFAX, Va. -- A three-judge panel of the 9th Circuit issued a ruling in the case of Duncan v. Becerra on Tuesday upholding a lower court’s decision …

Guns

EPA proposal to limit science studies draws wide opposition

By ELLEN KNICKMEYER<p>WASHINGTON (AP) — Democratic lawmakers joined scores of scientists, health providers, environmental officials and activists …

Public Health

UBS banker appeals HK regulatory action over China Forestry IPO: source

© Reuters. The logo of Swiss bank UBS is seen at a branch office in Zurich<p>HONG KONG (Reuters) - A senior banker at UBS Group AG (S:UBSG) is appealing …

Stock Markets

Jordan's Arab Bank gains licence to open branch in China

AMMAN, July 17 (Reuters) - Jordan’s largest lender, Arab Bank Group, has gained Chinese regulatory approval to open its first branch in China as part of a push to expand in Asian markets, it said on Tuesday.<p>CEO Nemeh Sabbagh said the move would allow the bank, one of the Middle East’s major …

Middle East

Venture Investors Are Changing Term Sheets to Include Provisions on ICOs

You can’t discuss investment trends without mentioning the craze of cryptocurrency ripping through the markets.<p>At a <i>Fortune</i> Brainstorm Tech breakout …

Cryptocurrency

You can legally download 3D-printed gun designs next month

3D gun printing advocate Defense Distributed has emerged triumphant in a legal battle to freely publish online blueprints that could allow users to manufacture firearms.<p>The victory spells the end of an ongoing lawsuit against the US Department of State -- which in 2013, forced Defense Distributed …

U.S. Dept. of State

UK bank Lloyds joins move towards several European hubs after Brexit

One of the UK's oldest banks is following the trend to relocate operations across several European locations after Brexit. It is no longer a choice …

Investing

May Fends Off Attempt to Keep EU Customs Union Option Open

Prime Minister Theresa May fended off an attempt by pro-European Conservative rebels to keep open the option of Britain entering into a customs union …

European Union

Here's Why AVEO Pharmaceuticals Inc. Plummeted Today Without Issuing a Press Release

Sometimes you've got to dig into SEC documents to find the answer.<p>What happened<p>Shares of <b>AVEO Pharmaceuticals</b> (NASDAQ:AVEO) are down 17.9% at 11:58 …

FDA

What Caused Bitcoin to Surge Almost 10% in a Matter of Hours?

The number one cryptocurrency has seen its price dramatically increase in the last few hours. Bitcoin has absolutely smashed the $6,800 resistance …

Cryptocurrency

First Republican Congressman joins Democrats to save net neutrality

The first Republican in the House of Representatives has joined the effort to save the Obama-era 2015 net neutrality rules.<p>On Tuesday, Rep. Mike Coffman from Colorado told the website Politico that he plans to support the Congressional Review Act resolution drafted by Democrats, which aim to save …

Net Neutrality

LSU's medical marijuana partner, GB Sciences, moves to Phase 2 in Baton Rouge despite losses

Despite seeing its losses more than double over the last fiscal year, GB Sciences is pushing forward with phase two of its medical marijuana growing …

Baton Rouge

Europe Hits Google With $5 Billion Android Antitrust Fine

At a time when America’s big digital media platforms are bracing for fines related to Europe’s new consumer data privacy regulations, the European …

Android News

No proposal before Trai to amend interconnection usage charges: Manoj Sinha

Telecom regulator Trai has no proposal under consideration to amend the Interconnection Usage Charges (IUC), Communication Minister Manoj Sinha said …

India

Westwater Resources +21% on prospect of Chinese import tariffs

Westwater Resources (NASDAQ:WWR) +21.6% premarket after the U.S. includes graphite, lithium and uranium on the list of materials imported from China …

Business

SA FDI on slippery slope; new 'Zuma' Investment Act offers no plug - Leon

<b>By Peter Leon*</b><p>FDI into South Africa will continue to decline, or remain static unless Government implements measures to appropriately protect foreign …

South Africa

Are we really safe from the next financial crisis?

Experts debate whether the system is better, or we’ve simply been lucky.<p><i>Subscribe to POLITICO Money on Apple Podcasts here. | Subscribe via Stitcher here.</i><p>The U.S. financial system is safer a decade after the worst financial crisis since the Great Depression. But that may be more a matter of luck …

U.S. Politics

Canada’s oil industry strains to go forward while government holds it back

OTTAWA — The Lord may not yet have answered the prayers of a thousand Alberta bumper stickers but a rising oil price suggests he is listening at …

Canada

Lawmakers target social media's liability exemption for user posts

Top Republican lawmakers on Tuesday attacked one of the legal protections most prized by social media companies such as Alphabet Inc.'s Google and …

Social Media