Money

The Ledger: JPM Coin Isn’t a Cryptocurrency, Mt. Gox Relaunch?, Bitcoin Breaks $4,000

Happy Tuesday, Ledger readers–we hope you enjoyed the long weekend like we did. We’ll be back to Mondays next week. Brock Pierce, a onetime Mighty Ducks child actor who helped found the cryptocurrency EOS (among other projects), has recently begun peddling an unexpected new venture. Called Gox Rising, it’s a plan to ostensibly resurrect Mt. …

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After Controversial John Lasseter Hire, Emma Thompson Said No More ‘Luck’ to Skydance

Emma Thompson told Skydance Media her voice won’t provide any Luck now that they’ve hired former Pixar chief John Lasseter. The Oscar-winning actor and screenwriter had already recorded parts of her vocal performance for Luck, a forthcoming animated feature being produced by Skydance Media, the film company that recently hired the controversial Lasseter. According to …

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FDA, Doctors Knew Fentanyl Was Overprescribed, Study Shows

Regulators at the United States Food and Drug Administration (FDA), as well as physicians, pharmacists, and drug company representatives, all knew that existing safeguards were not stopping the illicit spread of the powerful synthetic opioid fentanyl, according to research published in JAMA Network on Tuesday. This allowed people who should not have had access to …

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Twitter’s Political Ad Transparency Policies Are Not Just for the U.S. Anymore

Soon, greater accountability and transparency will be a thing for social media political advertising beyond just the confines of the U.S. Twitter announced Tuesday that it will be expanding its political campaigning policy and Ads Transparency Center to include the member states of the European Union, Australia, and India. The expansion will be implemented beginning …

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Burberry Apologizes After Featuring Sweatshirt With Noose in Fashion Show

Fashion is often about taking risks, but Burberry concedes it went too far with a hoodie that featured a noose around the neck during London Fashion Week. In an unusual move, Liz Kennedy, the model who wore the controversial item on the runway, led the charge against it afterward, saying her backstage objections to the …

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American Airlines’ Flyers Can Skip Airport Lines With Luxury Helicopter Rides

American Airlines is expanding its Five Star Service luxury options by joining forces with the helicopter company Blade. The airline Tuesday announced the service, available to flyers at Los Angeles (LAX) and New York (JFK) airports. The partnership will provide flyers with an airport shuttle through the Blade Bounce program, giving flyers a private helicopter …

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Emergency Suits, Facebook Regulations, UBS Gamble: CEO Daily for February 19, 2019

Good morning. I hesitate to draw broad implications from the battle between Amazon and New York–both are sui generis, in so many ways. Still, the fight is another manifestation of the anti-business, anti-capitalist, and anti-tech sentiment that is clearly on the rise around the U.S. and beyond. So it deserves some attention. There is something …

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The Tragic Side of Tide Pods

Bella Mancillas is standing on her head. For an 8-year-old to be exuberantly goofing off, performing cartwheels and splits while grownups are talking, is nothing out of the ordinary. But as her mother, Katie Mancillas, is explaining, in Bella’s case, it’s almost miraculous. Six years ago, when Bella was 2, she was rushed to the …

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