Money

Amazon issues refunds for potentially phony eclipse glasses

5 stunning stats on Amazon Amazon says it is taking action against potentially counterfeit solar eclipse glasses. The company said Sunday that it contacted and issued refunds to some customers who purchased glasses on Amazon that “may not comply with industry standards.” Amazon has also removed a few listings for glasses on its website “out of an abundance of caution.” It did not name any of those listings in its statement. To safely view the solar eclipse August 21, you’ll need a special pair of ultra-dark sunglasses. There has been ...

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Journalist says Fox News host Eric Bolling's lawsuit doesn't scare him

Eric Bolling suspended from Fox News Yashar Ali is not afraid of Eric Bolling. The journalist faces a $ 50 million lawsuit after he reported that Bolling, a Fox News host, sent lewd text messages to female colleagues. Ali said Sunday on CNN’s “Reliable Sources” that he is standing by his words. Bolling has been suspended from Fox News. He and his legal team have denied the allegations, and the lawsuit claims Ali defamed Bolling. Ali told CNN’s Brian Stelter that he sees Bolling’s lawsuit as an attempt to “intimidate” ...

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Rupert Murdoch and President Trump met after Scaramucci exit

Who is Rupert Murdoch? On August 1, one day after the abrupt exit of White House communications director Anthony Scaramucci, President Trump dined with a communications whiz: Rupert Murdoch. The two men had a private dinner at the White House, according to two sources with direct knowledge of the meeting. Murdoch is the patriarch of 21st Century Fox(FOX), one of the world’s most powerful media companies, and News Corp, the owner of newspapers like the Wall Street Journal. He doubles as the CEO of Fox News. So any interaction between ...

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NAFTA talks begin; Retail earnings; Consumer confidence

NAFTA explained 1. NAFTA talks begin: The first round of talks to renegotiate the North American Free Trade Agreement are set to begin on Wednesday and last through Sunday, August 20. President Trump promised to change the terms of the trade pact between the United States, Canada and Mexico during his campaign. He blamed NAFTA for moving manufacturing jobs to Mexico and has called it “the worst trade deal maybe ever signed anywhere.” But nonpartisan congressional research found in 2015 that NAFTA did not lead to mass job loss. The ...

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No Powerball winner, jackpot climbs again

What happens when you win the lottery? Didn’t win the $ 393 million Mega Millions jackpot on Friday? A massive Powerball grand prize is still up for grabs. There was yet again no Powerball winner after a drawing Saturday night, so the jackpot will roll over to the next drawing on Wednesday night. Powerball officials estimate the jackpot for the Wednesday drawing at $ 430 million. The Powerball prize pool has been building since June 10. One player in Illinois won the Mega Millions jackpot on Friday night. The odds ...

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Facebook finds a way into China

Watch Mark Zuckerberg speak Chinese Facebook has been banned from China for years, but a new app that has shown up in the country might be its way into the market. It’s dubbed the Colorful Balloons app, and, according to the Chinese app store’s description, it works similarly to Facebook’s(FB, Tech30) Moments app. “Colorful Balloons can group users’ phone pictures and videos based on time, locations and characters. It can help you create albums and share them with friends and family,” the description reads. The story was first reported by ...

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SpaceX to launch most powerful computer ever sent to space station

Watch SpaceX’s Falcon 9 Rocket make a flawless landing A SpaceX rocket is ready to deliver one of the most high-tech payloads ever to the International Space Station. When the Falcon 9 rocket blasts off on Monday, one of the items on board will be a supercomputer built by Hewlett Packard Enterprise(HPE, Tech30), dubbed the “Spaceborne Computer.” If it works, it could be the most powerful commercial, off-the-shelf computer ever to operate in space. Astronauts aboard the space station already have a bunch of devices you’d find at your local ...

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A bot just defeated one of the world's best video gamers

Elon Musk: We should regulate AI to keep public safe An artificial intelligence program just annihilated its human competition at a world championship video game contest. The AI win stunned the gaming community, because bots are generally considered inferior to expert human players. This one from Open AI — a nonprofit artificial intelligence research firm known mainly for its backing by serial entrepreneur Elon Musk, of Tesla(TSLA) and SpaceX fame — is a different story, and possibly a cautionary one. Open AI says its mission is to promote “responsible” AI ...

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Learning from the right-wing media, Elizabeth Spiers is starting an 'Insurrection'

Media entrepreneur and journalist Elizabeth Spiers thinks the Trump presidency is offering America “the most expensive civics lesson” the country has “ever had to learn.” Catching up with Brian Stelter in this week’s “Reliable Sources” podcast, Spiers said she thinks Donald Trump is running his presidency in ways that are “completely unprecedented,” ways that are exposing “the limits of what the norms are for the executive office very quickly.” Spiers, an early member of the Gawker team and formerly the editor in chief of the New York Observer, which was ...

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Trump to China: Trade probe is coming Monday

How much damage can North Korea’s weapons do? President Trump on Friday night informed China’s leader that he’s preparing to order an investigation into Chinese trade practices next week, a senior administration official told CNN. Trump told President Xi Jinping that he plans to direct U.S. Trade Representative Robert Lighthizer on Monday to begin the probe into alleged Chinese violations of U.S. intellectual property rights, the official said. The move could lay the groundwork for Trump to impose tariffs against Chinese imports, which would mark a significant escalation in his ...

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