Fake Takeover, $8M bet on Nvidia, BYD Land Rover, China's $1T surplus and Jesus to Return?

56th Edition Greetings folks and a warm welcome to the 56th Edition of Friday Finance, In 2024, FTX’s bankruptcy estate sold its stake in the AI company Anthropic for about $1.3 billion. Sam Bankman-Fried’s FTX had put in $500 million in 2021, and the stake was

Binance Heist, Potato Price-Fixing, Uber's Driver Shortage, Pampered Puppies and Marvell buys Lumentum

55th Edition Greetings folks and a warm welcome to the 55th Edition of Friday Finance, On Thursday, the market wiped $2.9 trillion off the S&P 500 because investors suddenly weren’t sure what AI is worth. Meanwhile, at an auction in Los Angeles, someone knew exactly what

Saudi storing oil in Singapore, DoorDash buys Instacart, Oil to stay above $100, Kushner is hacked and Intel plunges

54th Edition Greetings folks and a warm welcome to the 54th Edition of Friday Finance, The ultra-rich are running out of places to park. McKinsey estimates there were about 210,000 yachts longer than 12 metres (39 ft) in the world last year, competing for about 160,000 suitable

Bending Spoons, Zuckerberg's tax strategy, Buffet Math, India's Biggest IPO and Lab-Made Gold?

53rd Edition Greetings folks and a warm welcome to the 53rd Edition of Friday Finance, Scammers in Norway have found a new way to collect. According to Finans Norge, the country’s banking lobby, victims are being persuaded to buy gold as an investment, with a promise that “others will

Fake Iron Ore Invoices, Protein Boom, Getting Money out of Iran, SpaceX to buy Tesla? and Disappearing Yachts

52nd Edition Greetings folks and a warm welcome to the 52nd Edition of Friday Finance, A former British civil servant is on trial in London, accused of secretly holding up to 5 full-time government jobs at once. Prosecutors say Kashim Chowdhury, 55, worked for 8 public bodies between 2020

King Farouk's $20 Coin, Fake CIA Program, Starbucks to buy Chipotle?, AI Music and Soybeans skirting tariffs

51st Edition Greetings folks and a warm welcome to the 51st Edition of Friday Finance, Michael Smith, a 54-year-old musician from North Carolina, was sentenced to 18 months in prison by a federal judge in New York on Tuesday. It is the first criminal case of music-streaming

$7 Trillion earning 0.1%, AI Pricing, Turkey's Enron moment, Financial Astrology and Shoppers to Own Boots?

50th Edition Greetings folks and a warm welcome to the 50th Edition of Friday Finance, Zara pulled a children’s Halloween costume from its website on Wednesday. It was a grey and blue striped cardigan and shorts, priced at £39.99, which social media users said resembled the uniforms worn

Toys R Us is back, Venezuela moves gold to the US, Iran's economy, War Risk Premiums and McDonald's is betting on chicken

49th Edition Greetings folks and a warm welcome to the 49th Edition of Friday Finance, Dorsia is a members-only app for restaurant reservations. A basic membership is $175 a year. The top tier is $25,175. Neither includes a table. What you buy is the right to prepay a

Singapore selling evidence, Refund on Love, Surveillance Wages, 50% tariff on salt and 'Associate' EU membership?

48th Edition Greetings folks and a warm welcome to the 48th Edition of Friday Finance, A 9 year-old who runs a Minecraft channel called Mighty Mike Plays has reportedly spent about $118,000 on YouTube advertising using his father’s company credit card. It started with a $20 promotion

Utah-UK connection, Japan and the bond market, 3 days work in Luxembourg = 160 in India, Mixue is bigger McDonald's, BRICS Meets

47th Edition Greetings folks and a warm welcome to the 47th Edition of Friday Finance, Beyoncé turned 45 last week and marked it by selling a wooden box for $948.01. The price is not arbitrary, it is her birthday, September 4 1981, written as a number. The Bey Keeper

$100K before you buy the car, GTA Holiday, Pentagon Oil Co, $499 toothbrush, Apple Vs OpenAI

46th Edition Greetings folks and a warm welcome to the 46th Edition of Friday Finance, Researchers at Southern Illinois University have made cookies out of plastic bottles. The process breaks down PET and discarded corn stalks using water and oxygen at high temperature and pressure, feeds the resulting carbon to

Moscow Hustle, Blue Apron and Concentration Risk, Interest Costs more than Defence, A380 and Emirates and Shein Loses its Shine again

45th Edition Greetings folks and a warm welcome to the 45th Edition of Friday Finance, Donald Trump signed an executive order yesterday renaming Lake Ontario as Lake America, effective immediately. The legal reasoning is that because the deepest water sits on the American side, the United States claims most of