Art Villasanta
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PepsiCo Will Buy Israeli Firm SodaStream For $3.2 Billion
PepsiCo will spend $3.2 billion to acquire SodaStream International Ltd, an Israeli firm that manufactures the popular at-home carbonated drink-maker named "SodaStream." PepsiCo will spend $3.2 billion to acquire SodaStream International Ltd, an Israeli firm that manufactures the popular at-home carbonated drink-maker named "SodaStream." -
Venezuela Devalues Bolivar By 96% As Hyperinflation Approaches 1,000,000%
With a dizzying hyperinflation headed for 1,000,000 percent by the end of the year, the fumbling government of Venezuelan dictator Nicolas Maduro decided to make things far worse by devaluing the bolivar by 95% and pegging it to a sham cryptocurrency created by the government. With a dizzying hyperinflation headed for 1,000,000 percent by the end of the year, the fumbling government of Venezuelan dictator Nicolas Maduro decided to make things far worse by devaluing the bolivar by 95% and pegging it to a sham cryptocurrency created by the government. -
Kevin Spacey's New Movie Made Only $126 On Opening Day
An ill-fated movie with Kevin Spacey in it but not in the starring role recorded the worst ever opening weekend in Hollywood history. Needless to say the movie was a tremendous flop at the U.S. box office. An ill-fated movie with Kevin Spacey in it but not in the starring role recorded the worst ever opening weekend in Hollywood history. Needless to say the movie was a tremendous flop at the U.S. box office. -
Trump’s Washington Military Parade Trampled Underfoot By Exorbitant Cost
President Donald Trump won't be saluting smart U.S. troops as they proudly march down Pennsylvania Avenue in Washington D.C. on Veteran's Day. President Donald Trump won't be saluting smart U.S. troops as they proudly march down Pennsylvania Avenue in Washington D.C. on Veteran's Day. -
Apple Goes After Illegal Gambling Apps In China
Apple, Inc. purged more than 25,000 gambling apps available on its App Store after blistering criticism from China's communist government that the California-based firm wasn't doing enough to protect its customers in China. Apple, Inc. purged more than 25,000 gambling apps available on its App Store after blistering criticism from China's communist government that the California-based firm wasn't doing enough to protect its customers in China. -
Low-Level Chinese Trade Delegation Might Be An Ice Breaker
The United States will still impose the promised sanctions on China on Aug. 23 and the low-level Chinese trade delegation meeting with Trump trade officials in Washington D.C. from Aug. 21 to 22 might be tasked with restoring trust between both sides. The United States will still impose the promised sanctions on China on Aug. 23 and the low-level Chinese trade delegation meeting with Trump trade officials in Washington D.C. from Aug. 21 to 22 might be tasked with restoring trust between both sides. -
American Venture Capitalists Are Still Heading For China
A growing number of American venture capital (VC) firms - some founded by Chinese-Americans - are boosting investment capital in a bid to buy into Chinese start-ups that might go unicorn with a little help from their investments. A growing number of American venture capital (VC) firms - some founded by Chinese-Americans - are boosting investment capital in a bid to buy into Chinese start-ups that might go unicorn with a little help from their investments. -
U.S. Justice Department Opposes Revelation Of Trump’s Financial Records
The U.S. Department of Justice (DOJ) is frantically trying to prevent a federal court in Maryland from releasing the financial records of president Donald Trump, fearing Special Counsel Bob Mueller might use the information to prosecute Trump. The U.S. Department of Justice (DOJ) is frantically trying to prevent a federal court in Maryland from releasing the financial records of president Donald Trump, fearing Special Counsel Bob Mueller might use the information to prosecute Trump. -
More Bad News: Turkish Lira Free Falls Again
The sheen of Qatar's $15 billion bailout of Turkey lasted all of one day with the value of the Turkish lira again plunging, this time by as much as 8.5 percent to 6.3 per dollar on Aug. 17. The sheen of Qatar's $15 billion bailout of Turkey lasted all of one day with the value of the Turkish lira again plunging, this time by as much as 8.5 percent to 6.3 per dollar on Aug. 17. -
American Start-up ’Audacy’ To Make Internet Available In Space
An American start-up has received a license from the U.S. government to provide the first internet-style service in space. An American start-up has received a license from the U.S. government to provide the first internet-style service in space.