Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says

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Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says

The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. “In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I'm told the vast majority of
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Saudi Forces Inch Forward in Yemen as Chaos Spreads Behind Lines

Yemeni tribesmen from the Popular Resistance Committees, who support forces loyal to the Saudi-backed Yemen president, keep watch at Nihm district in Yemen's northeastern province of Marib on Jan. 30, 2018. Photographer: ABDULLAH AL-QADRY/AFP via Getty Images. Somewhere on the other
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Uber ex-CEO Kalanick: self-driving car beef linked to Google CEO Page's ire over talent loss

SAN FRANCISCO – After two days of legal wrangling, lawyers for Google's self-driving car company Waymo on Wednesday injected a little bit of Hollywood into the protracted corporate scuffle over whether Uber stole trade secrets in its rushed quest to …
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Harley recalls nearly 175K bikes in US because brakes can fail

Harley-Davidson is recalling several hundred thousand motorcycles because the brakes might fail. The voluntary recall, which last week Harley said would cost it $29.4 million, covers CVO Touring and VSRC bikes – model years 2008 through 2011 …
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Amazon launches Whole Foods deliveries in four cities

SAN FRANCISCO – Amazon is introducing free, two-hour delivery from Whole Foods stores to its Prime members in neighborhoods of Austin, Cincinnati, Dallas and Virginia Beach, Va.
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