At Milken, Wall Street touts itself as force for good

At Milken, Wall Street touts itself as force for good

BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. Bill Barhydt, Founder and CEO, Abra, Alex Mashinsky, CEO, Celsius Network, Anna Irrera, Reuters FinTech Correspondent, Brent McIntosh, U.S. Department […]

Different mindset with Tillerson, good chemistry with Pompeo – Trump

Different mindset with Tillerson, good chemistry with Pompeo – Trump

US President Donald Trump has said he had “chemistry” with the CIA Director Mike Pompeo, but didn’t see eye to eye with Rex Tillerson. Pompeo has replaced Tillerson as Secretary of State. “I worked with Mike Pompeo for quite some time,” Trump told journalists following his decision. He added that he was “always on the […]

Who Knew Letting People Keep More of Their Money Leads to Good Things?

Who Knew Letting People Keep More of Their Money Leads to Good Things?

In the six weeks since the passage of the tax law, dozens of companies have announced bonuses and wage hikes, some of them just hours after the bill was passed. Although the bill has not yet gone into effect, there been other tangible benefits to a lower tax burden—some gas and electric companies, for example, […]

Good news: animals won’t shrink as the climate gets warmer

Good news: animals won’t shrink as the climate gets warmer

By Joan Meiners Do animals get bigger as the climate they live in gets colder? According to a rule established in 1847, they do – which has had biologists concerned over what climate change might do to animal body size. But now an analysis of the weights and geographical locations of nearly 274,000 individuals from […]

Why Is Some Art So Bad That It’s Good?

Why Is Some Art So Bad That It’s Good?

The Disaster Artist– which just earned James Franco a Golden Globe for his portrayal of director Tommy Wiseau – tells the story of the making of The Room, a film that’s been dubbed “the Citizen Kane” of bad movies. Not everyone likes The Room. (Critics certainly don’t – it has a 26 percent rating on Rotten Tomatoes.) But lots […]

South Korea’s antitrust tsar has a good shot at taming the chaebol

South Korea’s antitrust tsar has a good shot at taming the chaebol

AS KIM SANG-JO was preparing last May to make the switch from snappy shareholder activist to a regulatory role as South Korea’s fair-trade commissioner, he had a simple message for the country’s big conglomerates: “Please do not break the law.” Not one to make bosses quake in their brogues, exactly. And yet the chaebol, as […]

New Trump Executive Order: Good Move Or Global Asset Forfeiture?

New Trump Executive Order: Good Move Or Global Asset Forfeiture?

President Trump has signed a new Executive Order allowing the US government to freeze the US assets of individuals or corporations worldwide who are determined by the US Administration to have violated “human rights” or engaging in corruption. What about due process? What about jurisdiction? Ron Paul Liberty Report – Archives fmsmnewsFMSMNews.com is a news […]

Good news: Demand for coal is plummeting towards a record low

Good news: Demand for coal is plummeting towards a record low

iStock/Getty Images Plus By Andy Coghlan Coal is in the pits, despite US President Donald Trump’s promise to rekindle the world’s dirtiest energy source. A new report on global coal demand from the International Energy Agency reveals that global demand for coal slumped by 4.2 per cent over the past two years. That nearly equals […]