Uber and Lyft Shares Crash After US Labor Secretary Declares Drivers as Employees
Transport companies Uber, Lyft and DoorDash lost millions of dollars after US Labor Secretary Marty Walsh said drivers and couriers could not be considered gig workers and should be reclassified as company employees. “We are looking at it but in a lot of cases gig workers should be classified as employees... in some cases they are treated respectfully and in some cases they are not and I think it has to be consistent across the board,” Walsh told Reuters in an interview. “These companies are making profits and revenue and I’m not (going to) begrudge anyone for that becau...
Manhattan investor Charles de Vaulx kills himself by jumping from NYC skyscraper after his financial empire collapses
Manhattan investor, Charles de Vaulx committed a suicide by jumping off the 10th floor of Midtown tower after his financial company was liquidated. in 2008 then 46-year-old De Vaulx joined International Value Advisers, founded by legendary investor Jean-Marie Eveillard 14 years ago, and became chief investment officer, co-portfolio manager, and partner. After that, the company turned into a financial giant and had $20 billion in assets at it beak before collapsing last month. The offices of the company occupied the Midtown tower at 717 Fifth Ave. De Vaulx killed himself...
The US Government Owes 123 Trillion Dollars In Hospital Payments
According to data from “Financial State of the Union 2021” report, annual analysis reveals colossal government debt to Americans. Previously, the Treasury Department reported four times less debt than the analysis, namely $28 trillion. Chicago-based Truth in Accounting (TIA) clarified that official debt does not account for the short- and long-term economic costs of state shutdowns in 2020 or those that are still ongoing. The federal government has $5.95 trillion in assets and $129.06 trillion worth of bills resulting in a $123.11 trillion shortfall, The Center Square re...
NASA launches astronauts to International Space Station on reused SpaceX rocket with human for the first time
NASA alongside the SpaceX launched the third crew to the International Space Station on Friday reusing a rocket and crew capsule in a human mission for the first time. SpaceX is set to launch the space mission with humans for the first time astronauts in the Crew Dragon space capsule from Launch Complex 39A Kennedy Space Center in Florida. A flight-proven Falcon 9 and Dragon fly four astronauts to the @space_station pic.twitter.com/Skp4j1qbnC — SpaceX (@SpaceX) April 23, 2021 "Endeavour arriving!" Welcome to the @Space_Station, Crew-2! Their arrival means there a...
“Stop the Bullshit” Protest Was Organized in Front of White House To Oppose Biden’s Climate Plan
Activists dragged dozens of pink cow-dung carts to the White House's lawn to compare the Biden's Climate Plan. The protest action took place symbolically on Earth Day. Some pics from a protest in front of the White House where climate activists have dumped cow poop to protest Biden’s “bullshit” climate plan #EarthDay pic.twitter.com/k2mf0o7fJq — Jane Recker (@janerecker) April 22, 2021 Biden announced a 30-year plan to eliminate greenhouse gas emissions. The cost of this plan is $ 2 trillion. The activists who came to the White House, with carts full of cow poop, are c...
Pelosi will harvest super profit from Biden's $ 2 trillion plan
Access to secret economic plans gives senior officials an edge over others. And the plans of the new US president to develop an energy race towards electricity are already bringing impressive dividends to those who knew about it in advance. One such knowledgeable is Nancy Pelosi and her husband, who invested up to $ 1 million in Tesla even after Joe Biden became full president of the United States. Biden's recently announced plan to save the US economy with a total of more than $ 2 trillion includes a clause on $ 174 billion in subsidies for the production of electric ca...
Confidential data of 500 million Facebook users lying around in the public domain
According to Business Insider, databases containing personal information from 500 million Facebook accounts have been found on at least one of the hacker sites. In 2018 and 2019, similar datasets were found by the political firm Cambridge Analytica and a Ukrainian security researcher, reports The Epoch Times. “In 2018, the social media giant disabled a feature that allowed users to search for one another via phone number following revelations that the political firm Cambridge Analytica had accessed information on up to 87 million Facebook users without their knowledge o...
At Least 55 U.S. Corporations Paid Zero In Federal Income Taxes In 2020
Due to the tax cuts and Jobs Act of 2017 alongside the tax benefits of the Care Act, passed in the spring of 2020, several biggest U.S. corporations evaded paying billions of federal corporate taxes in the latest fiscal year. At least 55 business giants paid zero federal income taxes in the decade-long trend of corporate tax avoidance, according to the Institute of Taxation and Economic Policy. As the results, the annual financial records show that the companies collectively his about $40.5 billion in U.S. pretax income in 2020 alone. The 55 corporations would have paid...
Google will consume your privacy and become a monopoly
IT giant Google is preparing to become a full-fledged monopoly of the Internet. This time, the new data collection policy implies a refusal or a complete ban on tracking by third party cookies. Previously, this technology allowed smaller companies to collect unique data about people and target ads. From now on, only Google will have such capabilities. The only uncontrolled browsers will remain Firefox and Safari. User Reddit under the nickname TheDangerousDev draws attention to how skillfully and imperceptibly the monopolization of the advertising market will take place....