Business

Popular casino sues former Universal Studios exec over millions in debt

Mohegan Sun, a popular Connecticut casino, is suing a former Universal Studios executive over nearly $2.8 million in gambling debt. Ronald Meyer, the former president and COO of Universal Studios, co-founder of Creative Artists Agency and vice chairman of NBCUniversal, is accused of racking up a large gambling debt.On Oct.…

How Tyler Winklevoss is cementing America’s crypto comeback

Things have never been better for the U.S. crypto industry, and the Winklevoss twins, Tyler and Cameron, have a roadmap to keep it that way after donating $21 million in bitcoin to the Digital Freedom Fund PAC, which supports pro-crypto candidates.   “The midterms are critical to keeping the American…

AI stock euphoria: Is this another 2000 dot-com bust in the making?

If you were investing in the late 1990s, you’ll remember the euphoria of the dot-com boom. Anything with a “.com” at the end of its name could raise millions in capital and see its stock price double or triple overnight.  Investors believed the internet would change everything – which, to be fair, it eventually did.…

Trump Cabinet members target Jerome Powell for weak economy, August jobs numbers

Labor experts, including Trump administration top Cabinet members, are blaming the Federal Reserve and Chairman Jerome Powell for the latest disappointing jobs report and signs of a weakening economy. “Jerome Powell should be embarrassed by this report because he has not done his job,” U.S. Labor Secretary Lori Chavez-DeRemer said…

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