SEC Orders ICO Startup to Return $25.5M to Investors


The United States Securities and Exchange Commission (SEC) has ordered cryptocurrency firm BitClave to return $25.5 million to investors. In a May 28 announcement, the SEC announced charges against the California-based cryptocurrency startup. The regulator found BitClave to be responsible for selling unregistered securities in its initial coin offering. Chief ofRead More →

What Amazon is really accusing Trump of doing in JEDI deal


Much of the coverage of Inc.’s appeal of the $10 billion-a-year JEDI contract focused on President Donald Trump’s antagonistic tweets and statements about Chief Executive Jeff Bezos, but as is typical in this administration, the actions taking place in secret amid the tweets are much more important. As impeachmentRead More →

Durable-Goods Orders Appear To Be Plateauing


By Robert Hughes New orders for durable goods decreased 2.1 percent in April, led by a 5.9 percent fall in transportation equipment. Over the past year, orders are up just 0.2 percent to $248.4 billion, about 5 percent below the all-time high of $262.2 billion in September 2018 but moreRead More →