Author: CapitalGainsFund

Jun 28

Egyptian belly dancer sentenced to prison for 'sexually suggestive' posts amid social media crackdown

Sama El-Masry at the 38th Cairo International Film Festival – AFP A high-profile Egyptian belly dancer has been sentenced to three years in prison and received a £15,000 fine for sharing photos and videos of herself on social media that were deemed to incite “debauchery” and “immorality” in a country with conservative social norms. Cairo’s Misdemeanours […]
Jun 28

Key Words: ‘Black Swan’ author says if investors don’t use a ‘tail hedge,’ he recommends ‘not being in the market’—‘We’re facing a huge amount of uncertainty’

“ ‘If you don’t have a tail hedge, I suggest not being in the market we’re facing a huge amount of uncertainty.’  ” That’s “Black Swan: The Impact of the Highly Improbable” author Nassim Nicholas Taleb offering his view on the risks swirling in the market and a growing lack of clarity about the future in the […]
Jun 27

Key Words: ‘All I hear is old-timers say that the retail bros are going to get crushed,’ Barstool’s David Portnoy says—but ‘I’m beating them like a drum’

“ All I hear is old-timers say that the retail bros are going to get crushed. That they’ve lived through this before. That the pride comes before the fall…Yet here I am. Beating them like a drum for the past three months at their own game. ” That’s Barstool Sports founder Dave Portnoy appearing to […]
Jun 27

'I'm just different': The family of Elijah McClain, a 23-year-old Black man killed by Colorado cops almost a year ago, is still waiting for justice

During his lunch breaks, Elijah McClain sometimes played the violin for animals at the local shelter. He thought they, too, deserved some music in their lives. He was not like other 23-year-olds. He craved space to be himself, and when officers of the Aurora, Colo., police department approached him on the evening of Aug. 24, […]
Jun 27

IPO Report: Albertsons is giving the public markets another try — here are 5 things to know about the grocery giant and its IPO

With food-at-home in high demand due to the coronavirus pandemic, Albertsons Cos. has filed paperwork to go public. Albertsons ACI, -3.43% began trading on the New York Stock Exchange on Friday under the ticker symbol “ACI.” Shares immediately fell before rising and then ending down 3.4%. Late Thursday, the company priced its IPO at $16 […]