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Nothing happens on Friday. This means more internet surfing, more texting your group chats about what you’re getting into this weekend, and more talking with your coworkers. So read this before throwing down at the water cooler and you might finally be able to impress that new marketer that joined last month.
Like a Virgin
Richard Branson, the wealthiest virgin on the planet, has joined the board of Hyperloop One. To put it simply, Hyperloop One is the future. In July, Elon Musk, CEO of Tesla, received verbal approval to start building the super high speed transportation system from New York City to Washington DC. Hyperloop One will be rebranded as an entity of Virgin, which already has a bit of experience in futuristic public transportation as they have been working toward flying a passenger rocket ship for tourists in space. [via Reuters]
Who’s Down with BNP
BNP Paribas, France’s largest bank, has said that it will no longer do business with oil and gas companies. The article does not specifically say when BNP will make this cutoff, but any upstream, midstream, or downstream oil and gas companies that receive funding from BNP should be leery. This doesn’t come as a large surprise as France as a country has said recently that they will ban all sales of petro and diesel cars by 2040. France is also famous for creating a French version of freedom fries and a document called the Paris Agreement. [via WSJ]
Exit the Warrior, Today’s Tom Steyer Gets High on You, and the Money you Trade
Billionaire Tom Steyer, a hedge fund manager, said that he wants his taxes raised. As noted in the article, he states that tax cuts for the rich defund critical public programs that lower income families benefit from. The proposed tax plan by the Trump administration is being pitched as beneficial for lower and middle class citizens, while others see it as just another Republican tax cut for the wealthy one percent. It is worth noting that Tom Steyer’s net worth is only a measly $1.6B, while Donald Trump’s is $3.5B. That automatically means Trump is more than twice as smart with money so maybe we should just follow his tax plan instead. [via CNBC]
I got a FEMA, and the only prescription is more federal aid
President Trump tweeted out Thursday morning that FEMA cannot stay in Puerto Rico forever and that they may need to pull out of PR sooner than later.
This is all the while 80% of Puerto Ricans are still without power after Hurricane Maria hit the island in the middle of the big, big ocean late September. WH Chief of Staff John Kelly and Vice President Pence have both contradicted this statement, saying that the Government will be helping with relief efforts in PR until the job is done. Rest assured, help will come to these Americans as the house passed a $36.5B aid package Thursday evening. [via Chicago Tribune].
Image via Kathy Hutchins / Shutterstock.com
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If you had listened to me a month ago when I said to look into investing in CPST, you would have reaped +70% in gains today