Florida Man

Florida Man Becomes Billionaire After Taking Huge Stake In A Florida Company

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A Florida man has invested a vast fortune in the Florida-based technology company he launched almost 30 years ago. Charles “Chuck” Coates announced in September that he bought a small stake in Olin Corp., a company with roughly a billion dollars worth of assets. Olin had been the focus of an antitrust lawsuit for nearly 25 years, after its then president, Richard J. White, was accused by a judge of conspiring to use Olin to sell shares to investors to fund White’s own legal and political pursuits. The suits were later dropped. Mr. Coates didn’t immediately give a specific value for his investment, but he said in a statement last week that he’s still “actively engaged” in Olin.

Economy

Millenials Are Retiring Early After This One New Trick

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“This generation is just getting off from college and getting into jobs, and they have the flexibility,” said Paul Rieckhoff, a senior economist at the Urban Institute, a Washington research nonprofit. “As many of the baby boomers have already paid off their college debt, the burden of paying off their student loans and college loans that will follow is much higher than the boomers had to take.”

Economy

Are Millenials Causing a Recession?

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No, Millennials don’t just have wealth. The Pew Research Center shows that the richest 30% have as much wealth as the bottom 90% combined—which is almost nothing when you consider that people are earning less than their parents did when they were in middle and high school (remember, wealth can be generated while you’re a kid, and even later in life ).

Uncategorized

Teen Loses Eyesight After Eating Poorly His Entire Life

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Not eating sugar is something that many people have been saying for years. And, though it is nothing new, it seems many are starting to believe it now and are jumping with both feet, from the most expensive health foods store, to fitness spas, to even restaurants. The author of the post above, however, is not buying it.

Food

Scientists Discover New Species of Apple Tree

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A team of geneticists from the University of York’s School of Natural Sciences, the University of Edinburgh, the University of Exeter and the University of North Carolina-Chapel Hill have discovered a new species of apple tree, which is also used in cocktails, the Royal Society said.

World News

Criminal Groups Recruiting Turtles from the Atlantic Ocean for Global Invasion

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The research shows that the invasion of turtles is underway. In 2013, it reported that the sea turtle was the most widely distributed vertebrate in the open ocean. The federal government is aware of the threat, but what is actually being done about it? This research shows that only about 10 percent of the $1.5 billion spent on turtle protection around the country has come from the private sector toward conservation.

Technology

Smart Fridges Latest Technology Affected By Ransomware

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Ransomware is a series of programs that typically encrypt files using custom-built ransomware functions in order to render them unusable unless the owner pays a ransom. Many ransomware programs have more than one function, some can be designed to lock users out indefinitely or temporarily, and others use ransomware to steal passwords and other sensitive information from accounts.