Business News

Greek parliament to probe 10 politicians over…

Greece's parliament voted early Thursday following a marathon 20-hour session to investigate 10 senior politicians, including two former prime ministers, over allegations they were involved in a pharmaceutical bribery scandal

Foes blast Trump on offshore drilling; industry…

Environmental activists, business groups and a retired U.S. Navy admiral have lambasted the Trump Administration's offshore drilling plan in Virginia

Taco Bell Dethrones This Chain by Becoming…

Taco Bell has become the fourth largest restaurant brand in the country. Buzz60's Nathan Rousseau Smith has more.

White House Forecasts Economic Growth In Yearly…

Top Trump administration economists are forecasting an at least 3 percent economic growth through 2020.

Asian stocks lower after Fed report renews bond…

Asian stock indexes track Wall Street decline as Fed report rekindles fears of inflation, rising bond yields

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Mystery cloaks Japanese dad of 13 born from Thai…

A wealthy Japanese man who has won sole legal custody of his 13 children born from surrogates in Thailand is virtually anonymous in his home country

Beyond 'Obamacare': New liberal plan on health…

New plan from liberal policy group calls for 'Medicare Extra' to guarantee coverage for all, but keeps role for employers and private insurance

College Professor Assigns Students to Try To Get…

Check out this assignment a professor at the University of Tennessee at Chattanooga handed out to students.

Disney Reportedly Withholding Bonuses From Union…

The Walt Disney Co. is reportedly locked in contract negotiations with more than 35,000 Walt Disney World employees represented by unions.

Steven Seagal completes 7th step of celebrity…

Steven Seagal, former Hollywood star and current dubious brand for hire, has sold off his last remaining dollop of credibility to a crypto-currency venture called Bitcoiin. The company -- which yes, has two 'i's and is apparently not a bad phishing email -- is a run-of-the-mill crypto company that's using celebrity endorsements and all of 2018's hottest buzzwords to hide the fact that there's nothing original whatsoever. The company is currently raising funds for an Initial Coin Offering, a kind of shady fundraiser that's become particularly popular. Bitcoiin's currency is based on the Ethereum blockchain, and relies on a mining partnership with a crypto hardware company. So far, so much like the rest of the other scams. Bitcoiin's sole claim to fame is that someone persuaded Mr Seagal (presumably, with plenty of non-fake money) to endorse the platform. And endorse he did. "ZEN MASTER STEVEN SEAGAL HAS BECOME THE BRAND AMBASSADOR OF BITCOIIN2GEN," the press release screams -- and that's just the headline. "Hollywood actor Steven Seagal has become a believer of Bitcoiin2Gen, the Hollywood action star will be representing the leading cryptocurrency organization, Bitcoiin2Gen, as brand ambassador." What words of wisdom does Zen Master Brand Ambassador Seagal have for us? "As a Buddhist, Zen teacher, and healer, Steven lives by the principles that the development of the physical self is essential to protect the spiritual man. He believes that what he does in his life is about leading people into contemplation to wake them up and enlighten them in some manner. These are precisely the objectives of the Bitcoiin2Gen to empower the community by providing a decentralized P2P payment system with its own wallet, mining ecosystem and robust blockchain platform without the need of any third party." The white paper that Bitcoiin2Gen published alongside the press release doesn't do much to dispel the notion that this is a scam. The slides avoid any of the technical details that you typically find in a white paper, instead promising things like "better scaling" and "variety of unique features" without providing any details to back those statements up. Then, there's the details about the funding plan, which definitely doesn't remind you of a pyramid scheme at all: Just make sure you hurry -- there's only a limited time left to participate in this once-in-a-lifetime moneymaking opportunity!

APNewsBreak: Iowa congressman failed to disclose…

A congressman from Iowa violated House ethics rules by failing to disclose a new company that he owns, a mysterious outfit that uses one of his federal staffers in a false testimonial for its services

Trump Jr: 'Nonsense' that family's profiting from…

Donald Trump Jr. said any talk of his family profiting from his father's presidency is "nonsense" during a trip to India that has raised ethical concerns about using the name of the American president to promote international business ventures

The Number One Thing People Do With Their Tax…

The number one thing people are doing with their tax refund. Elizabeth Keatinge has more.

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Business Highlights

Business Highlights

Judge orders gov't review of Keystone pipeline…

A judge has told federal officials to go back and review documents related to the disputed Keystone XL oil pipeline after environmentalists accused the government of withholding details on the project's approval

It's Not Your Eyes, This Starbucks Coffee Really…

A new Starbucks coffee drink creates a swirl of colors, but it might be difficult to get your hands on one!

The Latest: Iowa congressman failed to disclose new company

A congressman from Iowa says he made an "administrative oversight" by failing to disclose his ownership of a company that uses his chief of staff in a false testimonial for its services

Reward raised, new attention on US prosecutor's…

Sixteen years after a federal prosecutor named Thomas Wales was shot to death in his Seattle home, Deputy Attorney General Rod Rosenstein says the unsolved case remains a top priority of the Justice Department

Ford ousts top exec over 'inappropriate behavior'

Ford has ousted one of its top executives over allegations of inappropriate behavior

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House panel seeks info on EPA chief's first-class…

A Republican-led congressional committee is demanding records related to premium-class flights taken by Environmental Protection Agency chief Scott Pruitt