Month: December 2019

Gary, Indiana’s city council has approved $20.6 million in short-term borrowing against its future tax collections to help manage cash flow. The borrowing, approved Tuesday, comes on top of a $40 million sales-leaseback bond transaction the city closed in November that brought the city’s coffers back into the black and repaid $28 million in short-term
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VANCOUVER, British Columbia, Dec. 18, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in digital freight and logistics platforms as well as payment solutions, is pleased to announce that it has commenced trials with Easterday Farms Produce Company (“Easterday Farms”) of LiteLink’s 1SHIFT Logistics platform for rail freight transports. Easterday Farms
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Richard Chen is a partner at 1confirmation, a seed-stage venture fund supporting crypto-native founders fueling the decentralization of the web and society. Bitcoin dominance. The rise of DeFi. Libra.
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Democratic presidential candidates do not seem particularly concerned about Americans’ retirement savings accounts, CNBC’s Jim Cramer said Friday. “I listened to the Democratic debate last night. None of those candidates, I find, is really interested in your 401(k),” Cramer said on “Squawk on the Street.” Seven candidates qualified for Thursday’s primary debate in Los Angeles,
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Jalak Jobanputra is founder of FuturePerfect Ventures. A year ago, I predicted 2019 would be the year of regulation in the crypto sector, building upon the increased scrutiny we saw
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The House voted Thursday 218 to 206 to suspend the $10,000 federal limit on deducting state and local taxes for two years while permanently raising the top individual tax rate to 39.6%. The legislation, which would make tax-exempt municipal bonds more attractive for high income income retail customers, has no chance of becoming law. A
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Dr. Alex Cahana is head of healthcare and blockchain consulting at Genesis Block. At the end of 2018, while awakening from the Crypto Winter, a group of noted healthcare professionals led
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A FedEx employee loads up deliveries in San Francisco. Getty Images “Face plant” and “awful” aren’t descriptors CEOs want to hear after reporting quarterly profit numbers. But FedEx’s second-quarter results were so bad — the profit decline so steep — that such severe language is not only justified, but it wouldn’t be surprising to see
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The Dormitory Authority of the State of New York priced its $3.39 billion of bonds, most likely the last big sale of 2019. Although the deal got done and was repriced with lower yields, some buyers had a hard time justifying value in the marketplace with so few options to choose from in the primary.
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