Texas to Adopt New Currency?

As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?

Supreme Court rejects appeal from ‘Pharma Bro’ Martin Shkreli

LINDSAY WHITEHURST
October 07, 2024

WASHINGTON (AP) -- The Supreme Court on Monday rejected an appeal from Martin Shkreli, who was once dubbed "Pharma Bro" afterjacking up the price of a lifesaving drug.

Shkreli appealed an order to return $64.6 million in profits he and his former company reaped after monopolizing the market for the medication and drastically increasing its price. His lawyers argued that the money went to his company rather than him personally.

Prosecutors, though, said the company had agreed in a settlement to pay $40 million, and because Shkreli masterminded the scheme he should bear responsibility for repaying profits.

Shkreli was also ordered to forfeit the Wu-Tang Clan's "Once Upon a Time in Shaolin," the unreleased work that has been called the world's rarest musical album. The multiplatinum hip-hop group put a single copy of the album up for auction in 2015, on the condition that it not be put to commercial use.

Shkreli was convicted of lying to investors and cheating them out of millions of dollars in two failed hedge funds he operated. Shkreli was CEO of Turing Pharmaceuticals -- later Vyera -- when it raised the price of Daraprim from $13.50 to $750 per pill after obtaining exclusive rights to the decades-old drug in 2015. It treats a rare parasitic disease that strikes pregnant women, cancer patients and AIDS patients.

He defended the decision as capitalism at work, saying insurance and other programs ensured that people who need Daraprim would ultimately get it. But the move sparked outrage, from the medical community to Congress.

Shkreli was released from prison in 2022 after serving much of a seven-year sentence.

Continue Reading...

Popular

How to roll over an old 401(k)

Old are a little like the old clothes in the back of your closet. You know you should do something about them, but there they sit, mostly out of sight and mind.

Rocket, Redfin Deal Aims To Create End-To-End Real Estate Solution: Where Does That Leave Zillow?

Rocket Companies announces it will acquire Redfin in a $1.75 billion deal to bring homebuyers an end-to-end, online real estate solution from browsing listings to securing a mortgage.

Texas Dollar Alternative? - Ad

As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?

Intel Beats Investor Lawsuit After $32 Billion Stock Plunge—Judge Rules Foundry Losses Weren't Misleading

Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.

One Tech Tip: Getting a lot of unwanted phone calls? Here are ways to stop them

LONDON (AP) — Unwanted phone calls are out of control. Whether it's a robocall trying to sell you something or spam calls from scammers trying to rip you off, it's enough to make you want to stop answering your phone. So what can you do to stop them?

Buffett, Bezos, and Congress Are Betting Big on This One Sector - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Trump vs Musk? Federal Workers Unconvinced He'll Take Action: 'If They Don't Cut, Elon will, Comments Show Who's Really In Charge'

President Donald Trump has reportedly limited the authority of his billionaire advisor, Elon Musk, to dismiss federal employees. This development has stirred skepticism among the workforce and political circles.

A $19 Secret to Potentially Life-Changing Gains - Ad

It predicted Trump's sweeping victory. And now, this pattern says a handful of niche-sectors are poised to surge as President Trump fuels America's economic boom. For only $19, you can see how millionaire-trader Jeff Clark has used this "Magic Pattern" for over 40 years to generate over 1,000 winning trade recommendations.

California Highway Patrol blames drug use, speeding for fiery Cybertruck crash that killed 3

PIEDMONT, Calif. (AP) — Drug use and excessive speed were to blame for last year's fiery crash of a near San Francisco, the California Highway Patrol said in a preliminary report.

Melinda French Gates Reveals An IBM Manager Inspired Her To Join Bill Gates Co-Founded 'Little Company' Microsoft

Melinda French Gates credited a conversation with an IBM (NYSE: IBM) hiring manager for her decision to join Microsoft (NASDAQ: MSFT), a choice that significantly impacted her career and personal life.

The Fort Knox Cover-up? What It Means for Gold - Ad

Trump and Musk are demanding answers: Is Fort Knox empty? If the gold is gone, supply collapses, and prices could skyrocket instantly. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding--and the window to act is closing fast.

Apple's AI Crisis: Falling Behind In The AI Race?

Apple is grappling with an artificial intelligence (AI) crisis, as its rivals, including Amazon, surge ahead in the AI technology race.

Elon Musk's SpaceX Successfully Catches Super Heavy Booster With 'Mechazilla,' But Starship Upper Stage Lost In Test Flight

SpaceX marked a significant advancement in rocket reusability on Mar. 7 when the launch tower successfully caught its Super Heavy booster during Starship's eighth test flight, though the mission ended with the loss of the Starship upper stage.

Market Dip: Buffett, Bezos, & 48 Members of Congress Betting on One Sector -- Don't Miss Out - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Mark Cuban Warns Elon Musk Is Making Trump's Job '1,000 Times Harder'

Elon Musk, who is leading the charge at the Department of Government Efficiency, has received a warning from Mark Cuban.

Anti-DOGE protests at Tesla stores target Elon Musk's bottom line

BOSTON (AP) — Demonstrators gathered outside Tesla stores across the U.S. Saturday to protest the automaker's billionaire CEO, , and his push to slash government spending on behalf of President .

Strategic Crypto Reserve -- Now Live - Ad

President Trump made good his promise to crypto enthusiasts - with his announcement of an official Strategic Crypto Reserve. This isn't just another crypto story--it's a game-changer for the U.S. dollar. A southern state is gaining major power, and you need to know what happens next.

Trump-Announced Strategic Bitcoin Reserve To Allow Buying Additional BTC? Peter Schiff Doesn't Think So But Here's What The Order Says

President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: BTC) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement.

What's Going On With Gap Stock Friday?

Gap stock is trading higher on Friday after the company reported fourth-quarter earnings on Thursday after the market closed.

Wall St. Legend Shocks With "Next Nvidia" Prediction - Ad

When he recommended Microsoft at 38 cents... Google in 2005... and Nvidia before AI was mainstream, people called him crazy. Now they're calling him crazy again about this overlooked tech stock that's he's says could be "The Next Nvidia".

Albania shuts down TikTok for a year amid concerns over violence among children

TIRANA, Albania (AP) — The Albanian Cabinet decided on Thursday to shut down for 12 months, blaming the popular video-sharing platform for inciting violence and bullying, especially among children.

Wall Street Legend: Why Stocks Are Very Likely to Crash in Trump's 2nd Year - Ad

Legendary investor Marc Chaikin says stocks could crash in 2026--he's even calling the exact month and most likely day it will start. No one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. And now, Chaikin is calling the crash of 2026.

UK Commits Export Financing For Ukraine's Air Defense Amid Ongoing Russia-Ukraine Conflict

In the midst of the Russia-Ukraine conflict, the United Kingdom has stepped up to provide export financing for Ukraine's air defense.

Taiwan says chipmaker's move to invest $100 billion in the US wasn't because of US pressure

TAIPEI, Taiwan (AP) — Taiwan's president and top chipmaker TSMC held a joint news conference Thursday to defend the company's decision to invest $100 billion in the U.S., saying it stemmed from customer demand and not pressure from the Trump administration.

9-Minute Trade Unlocked $67,548 Income Avalanche -- Copy and Paste - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Trump Praises Treasury's Move To Suspend 'Outrageous' BOI Rule Aimed At Curbing Illegal Activities: 'Biden Rule Has Been An Absolute Disaster For Small Businesses'

President Donald Trump has expressed his approval of the Treasury Department's decision to suspend the Beneficial Ownership Information (BOI) reporting requirement, a move he believes will benefit small businesses across the nation.

US lobster catch drops as crustaceans migrate to colder Canadian waters

SCARBOROUGH, Maine (AP) — The U.S. lobster industry's catch keeps sliding as fishermen contend with the northward migration of the valuable crustaceans.

Why 21 Billionaires Are Moving Their Money ASAP - Ad

Nvidia is driving us head-on into the largest stock market collapse in history. On May 21, a special announcement will send a stock's reputation downward. This is why 21 legendary billionaires, including Warren Buffett, Tim Cook, and Jeff Bezos, are preparing ASAP.

Are you owed an extra $2,105 a month in extra cash? - Ad

A little-known "loophole" has allowed a handful of regular Americans to legally collect over $109,200,000 in bonus cash. And today's your chance to join them. It doesn't matter how old you are or even how much money you make. And my research shows there's no way you can be denied from taking part in this opportunity.

Trump sends crypto prices soaring after surprise announcement of strategic government reserve

Cryptocurrency prices jumped after President Donald Trump's surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump's growing attempts to use volatile cryptocurrency prices as a barometer of his public support.

Trudeau slams Trump's tariffs, says US is appeasing Putin while launching a trade war against Canada

TORONTO (AP) — Canadian Prime Minister Justin Trudeau called “very dumb” and said that U.S. President Donald Trump is appeasing Russia while launching a trade war against Canada.

Fed's Stealthy Move (Not Rates) Could Crash U.S. Market - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

BERLIN (AP) — Flight cancellations at Hamburg Airport after a surprise strike by workers affected more than 40,000 passengers on Sunday, a day before a planned wider protest across Germany amid new contract negotiations.

Massive Losses For Crypto Traders As MELANIA Memecoin Plummets

A crypto trader has reportedly suffered a staggering loss of $15.68 million after trading the official memecoin of First Lady Melania Trump.

$3 Electric Aviation Stock With Tremendous Potential - Ad

The electric aviation market is just taking off, and this company is at the forefront. With significant revenue and strategic partnerships, this stock is poised to make a big impact.

JPMorgan Questions Viability of US Crypto Reserve, Cites Issues With Smaller Tokens

A senior JPMorgan Chase & Co (NASDAQ:JPM) strategist voiced doubts about the feasibility of establishing a U.S.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service