Originally published on Mon April 15, 2013 2:33 pm
Bitcoins are a digital currency, attractive to those who prefer not to leave a paper trail when they buy and sell things online. Over the past two years, the Bitcoin community has widely expanded and the value of the currency has fluctuated wildly.
Originally published on Mon April 15, 2013 6:27 pm
Credit Paul Goyette / Flickr
Hi, it's another installment of Ask A Banker. We've gotten lots of good questions, and also lots of bad questions, on Twitter and email, but answered only a fraction of them, in part because in some columns I just answered questions that I or Planet Money made up. Sorry. So let's make up for lost time by giving short answers to a bunch of real questions from real people, or at least real email accounts.
Satellite TV distributor Dish Network has offered to buy telecom giant Sprint Nextel Corp. in a $25.5 billion deal, a move that could derail a similar offer by the Japanese phone company SoftBank.
Dish says that it has offered $17.3 billion in cash and $8.2 billion in stock for Sprint. After the news was announced on Monday, Sprint's stock jumped 15 percent in pre-market trading, according to The Associated Press.
Federal aviation officials have ordered that more than 1,000 Boeing 737s be examined to see if a key part on the plane's tail section needs to be replaced, The Wall Street Journal reported Monday.
The Federal Aviation Administration issued the airworthiness directive for a pin that holds the 737's horizontal stabilizer to the rest of the tail, to see if it is in danger of failing prematurely. The horizontal stabilizer — also known as the tail plane — enables the pilot to control the aircraft's pitch.
GREENE: Bloomberg News is reporting that billionaire investor John Paulson has lost more than $300 million as a result of the slide in gold prices. After climbing for years, gold has recently lost considerable ground. And it's widely expected to fall even further this week.
The intersection of Crenshaw Boulevard and 28th Street looks like a lot of intersections in Los Angeles: There's a Taco Bell on one corner and a strip mall with a liquor store and a Liberty Tax Service office on the other. And out in front, as traffic speeds by, 27-year-old Robert Oliver is hard at work — dancing.
"So, chest movements like this, this is called bucking," he says. His chest bounces to the beat. His Bluetooth headphones are on. And his feet glide across the hot sidewalk like he's on ice. "I come up in here and I go down, and that's called a kill-off."