Geography of Inequality from Seattle to Baltimore – Winner and loser cities

Famed writer and activist Upton Sinclair published a novel titled “ A Story of Ford-America” in 1937, where he blasted the callousness of a company worth “a billion dollars” that underpaid its workers while forcing them to engage in repetitive and sometimes dangerous assembly line labour. Eighty years later, the market capitalization of Amazon.com has…

UK’s only legal brothel

A claim made by a 1999 BBC documentary, By Trafalgar Square you will find what is supposedly the UK’s only legal brothel, Silver Cross pub on Whitehall. It was first licensed and opened as a pub in 1674 known as ” The Garter”, prior to this it had been a brothel with a royal license…

Hollywood actor Zachary Horwitz arrested for running Ponzi scheme

Zachary Horwitz, a 34-year-old aspiring Hollywood actor, was arrested and charged with wire fraud on Tuesday by FBI agents on suspicion of running a £502m ($690m) Ponzi scheme tricking film investors with fake Netflix deals to fund a lavish lifestyle. Mr. Horwitz, whose stage name is Zach Avery, allegedly raised funds from investors for film…

Beijing has more billionaires than the Big Apple.

According to Forbes’ Annual rich list, Beijing now has more billionaires than any other city in the world, with 33 billionaires last year now leaping to 100 beating New York which has 99, who had held the top ranking for seven years. China’s successful containment of Covid-19 and its e-commerce boom, expansion of its technology…

Betfred loses High Court battle as Blackjack player wins £1.7m

High Court Judge Mrs. Justice Foster ruled Betfred Punter Andy Green’s favour and said Betfred had no grounds for withholding payment. The judgment means Mr. Green from Washingborough, Lincolnshire will finally receive his £1.7m jackpot, while playing a blackjack game on his phone, payout plus interest, after a three-year battle. The bookmaker refused to pay…

Russian diplomats exit out of North Korea by hand-pushed trolley

  A group of eight Russian diplomats and their families made an unusual exit out of North Korea across the border by initially traveling by train and bus before pushing themselves across the Russian border for about 0.6 miles (1km) over train tracks. North Korea has blocked most passenger transport to limit the virus spread,…

LG closing down its smartphone business

LG Electronics, the Korean electronics giant said it would close down its six-years of loss-making smartphone business totalling £3.3bn ($4.5bn). LG had made several innovations including ultra-wide angle cameras, rising to third largest smartphone maker in 2013. But as the markets became more competitive with Samsung and Apple advanced, LG suffered from its own hardware…