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Overstock’s Founder Bets on Blockchain, Not Bedsheets

Overstock’s Founder Bets on Blockchain, Not Bedsheets

Overstock.com Chief Executive Patrick Byrne doesn’t care that his blockchain-based trading system, called tZero, is burning through money. He remains a true believer in the technology—and its potential for multibillion-dollar returns.

Published 3 weeks ago

Lavish Expense Accounts Can Make or Break a CEO

Lavish Expense Accounts Can Make or Break a CEO

One of the biggest perks of being a high-level executive is a flush expense account. But allegations of misusing it can quickly undo a career.

Published 3 weeks ago

Steel Tariffs and Hot Economy Take Toll on Infrastructure Projects

Steel Tariffs and Hot Economy Take Toll on Infrastructure Projects

State and local governments could have to pay millions more to finance projects as the Trump administration’s steel tariffs, combined with a strong economy and a tight labor market, push up construction costs.

Published 3 weeks ago

Six Tips for Black Friday Shopping: How to Get Discounts, Perks and Bitcoin

Six Tips for Black Friday Shopping: How to Get Discounts, Perks and Bitcoin

Marketing companies are offering shoppers cash back, coupons or price tracking. Here are six ways to get a deal online this holiday season.

Published 3 weeks ago

Downfall of Sears, Toys ‘R’ Us Gives Lift to Retail’s Survivors

Downfall of Sears, Toys ‘R’ Us Gives Lift to Retail’s Survivors

The downfall of Sears and Toys “R” Us is delivering a silver lining to surviving chains, which are picking up business from displaced shoppers.

Published 3 weeks ago

Leftover Tax Provisions Sit on Congress’s Post-Thanksgiving Plate

Leftover Tax Provisions Sit on Congress’s Post-Thanksgiving Plate

Expired tax breaks, technical fixes, retirement legislation among provisions that could get wrapped into year-end legislation

Published 3 weeks ago

Washington Asks Allies to Drop Huawei

Washington Asks Allies to Drop Huawei

The U.S. government has launched an outreach campaign to foreign allies to persuade wireless and internet providers to shun telecom equipment from China’s Huawei, people familiar with the situation say.

Published 3 weeks ago

House Judiciary Chief Issues Subpoenas to Comey, Lynch

House Judiciary Chief Issues Subpoenas to Comey, Lynch

The Republican chairman of the House Judiciary Committee has subpoenaed former FBI Director James Comey and former Attorney General Loretta Lynch to testify next month.

Published 3 weeks ago

Retreat of Smaller Lenders Adds to Pressure on Housing

Retreat of Smaller Lenders Adds to Pressure on Housing

Small and midsize U.S. mortgage firms are trimming staff, putting themselves up for sale and closing up shop at a clip not seen in years, a sign of the pressure on the housing market as interest rates rise.

Published 3 weeks ago

Spanish PM renews veto threat against draft Brexit deal

Spanish PM renews veto threat against draft Brexit deal

Late EU stumbling block comes as May comes under pressure to make compromises

Published 1 second ago

House Judiciary Chief Issues Subpoenas to Comey, Lynch

House Judiciary Chief Issues Subpoenas to Comey, Lynch

The Republican chairman of the House Judiciary Committee has subpoenaed former FBI Director James Comey and former Attorney General Loretta Lynch to testify next month.

Published 3 weeks ago

Long Island City Locals Have Other Ideas for Amazon’s HQ2 Site

Long Island City Locals Have Other Ideas for Amazon’s HQ2 Site

Residents are advocating for a community center with classrooms, artist studios and sports facilities.

Published 3 weeks ago

Oil prices hit one year low on supply and economic angst

Oil prices hit one year low on supply and economic angst

But some analysts say tide could be turning soon

Published 1 second ago

Wealthy nations fall short of climate funding pledge

Wealthy nations fall short of climate funding pledge

Host country Poland warns financing will be contentious issue at upcoming UN summit

Published 1 second ago

German mistrust of wealth hampers Merz’s CDU leadership hopes

German mistrust of wealth hampers Merz’s CDU leadership hopes

Frontrunner to head party draws suspicion from voters who like their leaders low-key

Published 1 second ago