Inside the World’s Most Elite (and Secret) Traders’ Club
"In an industry where power and influence are measured in dollars and cents, this may be the most exclusive club in finance: The price of admission is at least $25 million."
This Billionaire Has Put Half His Net Worth Into Gold
"Egyptian billionaire Naguib Sawiris put half of his $5.7 billion net worth into gold. Sawiris has built a name by investing in the telecom sector in Egypt and in less popular markets including Iraq, Pakistan, North Korea and Bangladesh."
Gideon Gono: I printed Zim dollar to stop coup
"Former Reserve Bank of Zimbabwe governor Gideon Gono says he was forced to print money even when he knew it would cause hyperinflation because the government was desperate to forestall a coup by hungry soldiers."
California Town Hired Private Law Firm to Sue Citizens, Conceal Massive Costs
"Fontana is the third California desert town now known to have used this firm to prosecute nuisance cases and code violations, then turn around and demand thousands of dollars from citizens months—even years—after they settle."
France seizes the France.com domain name from its 20-year owner
"French-born Jean-Noel Frydman is suing the country for 'cybersquatting' on the France.com domain name, CNBC reported."
How an asparagus farmer’s death spurred robotic innovation
"Today, they have sold their first commercial machine to a farmer in France. The three-row version can replace 70 to 80 human pickers."
It’s Crazy Until It’s Not: 3D-Printing Homes For the World’s Poor
"The exciting result is 'the Vulcan,' a 3D Home Printer designed to print a home for less than $4,000 in less than 24 hours."
Koreas declare commitment to full denuclearization, ending 70-year war
"The two Koreas have reached a landmark Panmunjeom Agreement to achieve full denuclearization of the Korean Peninsula and agreed to pursue a peace treaty to formally end the Korean War."
Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud
"Interviews with more than two dozen customers who had their money stolen through Zelle illustrate the weaknesses that criminals are using in targeting the network."
Federal cannabis legalization bill introduced
"Under the new bill, marijuana would be removed from the list of substances classified under the Controlled Substances Act. Schumer's legislation would leave in place decisions by states on how to regulate marijuana."
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