Bitcoin trouble, another coin bonanza and Tesla shines
Breakfast with Benjamin: Trouble in bitcoin land (but there's a silver lining) while one couple strikes gold with other coins. Plus: Tesla shines, Credit Suisse does not and looking for Macy's shoppers.
Today’s guest chef: Mason Braswell
- Bitcoin’s primary exchange vanished after its chief executive resigned amid reports of a massive theft. The losses at the Japan-based exchange have drawn attention from regulators. Japan authorities looking into closure of Mt. Gox bitcoin exchange
And here’s the bright side of the Mt. Gox failure - While some bitcoin investors may have been out of luck, a California couple stumbled upon jars of rare and valuable coins buried in their back yard. Experts say it could be worth millions. California couple strikes gold after finding $10 million in rare coins
- Tesla shares jumped in the company’s most recent “best day ever” as Morgan Stanley and Consumer Reports both published rave reviews. The electric car marker is now valued at more than half of General Motors. Keep gushing over Tesla’s latest best day ever
- A scathing Senate report detailed how Credit Suisse helped wealthy Americans avoid paying taxes on an estimated $12 billion in assets. The report wasn’t kind to the Justice Department, either. Credit Suisse helped wealthy Americans cheat the IRS, Senate report says
- Shopper, wherefore art thou? Macy’s became the latest retailer to report sluggish sales. Macy’s profit rises despite low sales
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