Saxo Bank's crazy predictions: Apple buying Tesla, Netflix stock crashing & solar flair causes chaos

Danish Saxo Bank traditionally publishes its annual list of “outrageous predictions” that may really shake up the world if the listed events ever happen. However, this year’s forecast doesn’t seem so fantastic. Most of the events, included in the annual report published by the Copenhagen-based financial institution, are featuring so-called black swans – events that […]

A store is selling giant oversized backpacks for $234 and people are actually buying them

Plywood Japanese retailer Plywood is selling giant, oversized backpacks for $ 234. The backpacks were designed by the Japanese brand CWF. The retailer’s website says that the bags can be used for camping or as an everyday style staple. The “sand beige” version of the backpack is currently sold out, but the “olive drag” and “black” […]

Buying nuclear fuel is back in fashion

ON DECEMBER 3RD McIntyre Partnerships, a hedge fund in New York that normally buys equity and debt securities, told investors it was buying a commodity: uranium. This “slight anomaly” was justified by the metal’s impressive recovery, said its founder, Chris McIntyre. Uranium’s spot price has jumped by 41% since April, to near a two-year high […]

21st Century Fox’s Lachlan Murdoch mulls buying back regional sports networks from Disney

21st Century Fox Twenty-First Century Fox Executive Chairman Lachlan Murdoch said it is still an “open question” whether the company will buy back the regional sports networks it sold to Walt Disney for $ 71 billion. Murdoch, who will become CEO of the remaining company “New Fox,” said the company “will be inquisitive” in looking […]

More exclusive than a supercar: A beginner’s guide to buying a GT3 race car

Audi In the past decade, the well-worn automotive cliché Race on Sunday, sell on Monday has taken a surprising twist. Now, automakers have realized that they can race on Sunday and sell race cars on Monday. If you’ve got the money, Porsche, Lamborghini, Audi, Acura, Ferrari, Mercedes, McLaren, Nissan, Bentley, and more have a race car […]