Democrats and Republicans alike in Washington are unhappy about the increasing number of so-called tax inversion deals – a merger between a U.S and a foreign company specifically designed to allow the U.S. company to escape America’s high corporate tax rate
When a well-known venture capitalist like Tim Draper is investing in Bitcoin with some $18 million of his own money, there has to be a really good reason.
Draper was the sole winner of the 29,656 bitcoins auctioned off June 27 by the U.S. Marshals Service. Those bitcoins had been seized by the federal authorities that shut down the notorious Silk Road website last fall.
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Unbowed by fines and new regulations, Goldman Sachs (NYSE: GS) has simply looked elsewhere for fresh victims.
In a deal that barely registered with the mainstream media, Ecuador’s central bank agreed earlier this week to swap half of its gold reserves – worth $580 million – with Goldman in exchange for liquid assets.
A disappointing earnings report sent Plug Power Inc. (Nasdaq: PLUG) stock as much as 9.5% lower today (Wednesday), as investors continue to take a more realistic view of the company’s prospects.