Ordinarily, a money-losing company like Cynk Technology would languish on the over-the-counter stock market and attract little attention from either investors or the media. Cynk, though, has managed to attract plenty of attention, along with a market capitalization of $4.5 billion. That's an astonishing feat for a company with no products, no revenue, no website and exactly one employee. As Bloomberg News noted, Cynk shares were worth 6 cents as recently as May 15. Before the Securities and Exchange Commission ordered its shares halted on Friday, the stock was priced at $13.90. The stock has risen 24,000 percent in the last month alone.
Under the guise of fighting drug abuse, special interests that stand to lose money from legalization of marijuana are bankrolling the battle against legalization. Chief amongst those, police unions and the pharmaceutical industry. Legalizing marijuana could hurt drug companies that make money off drugs like Oxycontin and Vicodin. Medical marijuana could be a less-addictive alternative to treating lower-level pain that might otherwise be treated with prescription painkillers.
Miami has little land that rises higher than 6 feet above sea level. One of Miami's main roads is routinely flooded and reduced to one lane. Store owners now keep plastic baggies with them to wrap around their feet when they venture outside during rainstorms because drainage no longer works. Homeowners have come to realize that parking their cars in first floor parking spaces invites ruin as the corrosive sea water rots their vehicles. Florida's Republican politicians, some of whom are potential presidential aspirants, Senator Marco Rubio, former governor Jeb Bush and current governor Rick Scott, all climate-change deniers - have refused to act because denying anthropogenic global warming is their surest way to the hearts and wallets of the GOP's sugardaddies. read more
Despite two investigation, one of which was independent, there is no evidence to support a family's claim that a scarred 3-year-old girl was asked to leave a KFC in Jackson, Mississippi, because she was scaring customers, KFC said Tuesday.
"Neither [investigation] revealed any evidence that the incident occurred and we consider the investigation closed," said the company's statement released Tuesday. "We are honoring our commitment to make a $30,000 donation to assist with Victoria's medical bills. We hope everyone keeps Victoria in their thoughts and prayers. She will certainly be in ours."
The family-maintained Facebook page called Victoria's Victories was taken down Tuesday. read more
Obamacare saved women in the United States an estimated $483 million on their out-of-pocket costs for birth control pills. Obamacare has "dramatically reduced" women's out-of-pocket costs now that insurers are required to cover preventative care without charging an additional co-pay. Nearly 100 percent of women use birth control pills at some point in their lives and 70 percent of Americans support Obamacare's birth control mandate. The mandatory coverage is now subject to Supreme Court challenge.