Technology 

Amazon’s NY exit spurs reactions on money saved and jobs lost

NEW YORK (Reuters) – Amazon.com Inc’s decision on Thursday to scrap its proposal to locate a second headquarters in the Queens borough of New York City ignited a sea of dueling reactions on Twitter, with some calling it a victory for working people while others said it meant that fewer people would work. Demonstrators hold signs during a protest against Amazon in the Long Island City section of the Queens borough of New York, U.S., February 14, 2019. REUTERS/Shannon Stapleton Some people who praised the pullout included references to the…

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Technology 

Do money apps make us better or worse with our finances?

Image copyright KERRY HUDSON Image caption Author Kerry Hudson says a finance app stopped her being so “crap” with money Finance apps are proving increasingly popular, but are they making us better at managing our money or encouraging us to spend more? Kerry Hudson, 28, spent her childhood living in poverty in Scotland with her single mother, in “a succession of council estates, bed and breakfasts for the homeless, and caravan parks”. She lived in seven different places before she was 15, and attended 14 schools. “I was always the…

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Technology 

Dirty money risks encroach on Estonia’s digital utopia

(This February 1 story corrects to show the presidential palace in Estonia was not built in the 18th century.) A woman walks past Danske Bank’s Estonian branch in Tallinn, Estonia January 22, 2019. Picture taken January 22, 2019. REUTERS/Ints Kalnins By John O’Donnell and Tarmo Virki TALLINN (Reuters) – Estonia’s push to become a digital society has left it vulnerable to dirty money and sanction breaches, the country’s top banking regulator has warned. The Baltic state took center stage in one of the largest-ever money laundering scandals last year –…

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Top stories 

The Indian men who make money selling trash

Image copyright Mansi Thapliyal Image caption Govind says he does not want to be identified as a scrap dealer “Weekends are the busiest,” says Govind, surrounded by piles of trash, on a recent Sunday afternoon. The 34-year-old, who prefers to go by his first name only, is standing in the middle of a scrapyard that he and his brother own in Gurgaon, a dusty suburb of glass and concrete near Delhi. On his left are gunny bags bursting with paper. Prime Minister Narendra Modi’s face stares up from a stack…

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Brexit ferry firm Seaborne Freight ‘will get no money upfront’

Image copyright Getty Images A UK firm contracted to provide extra ferries in the event of a no-deal Brexit will only be paid if it runs “an effective service”, the Department for Transport (DfT) says. Seaborne Freight was awarded £13.8m recently to run a freight service between Ramsgate and Ostend. But a BBC investigation discovered it had never run a ferry service before. Seaborne is contractually required to prove it can deliver on its promises, according to the DfT. On Sunday, the DfT stood by the firm, saying it had…

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LeBron James apologises for ‘Jewish money’ Instagram post

Image copyright Getty Images Image caption LeBron James posted the lyric in an Instagram story Basketball star LeBron James has apologised after sharing a lyric about “Jewish money” on social media – saying he thought it was a compliment. James was called out over the lyric – which comes from a song by US rapper 21 Savage – after he shared it with his 45.8m followers on Instagram. US journalist Darren Rovell was among those drawing attention to the post, saying it was “offensive”. But James said it was not…

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Queen Victoria’s daughter died owing money for cigarettes

Image copyright Hulton Deutsch Image caption Princess Louise, sixth child of Queen Victoria and Prince Albert, in 1871 Queen Victoria’s fourth daughter died owing 15 shillings to a London tobacconist, documents have revealed. Princess Louise died in 1939, aged 91, with an unpaid cigarettes bill at R Lewis Limited, located near Buckingham Palace and St James’s Palace. The National Archives in Kew released details of Princess Louise’s estate earlier this year. Historians say it’s “very unusual” for such personal documents to be released, as they are usually sealed. The princess,…

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Sports 

Pelicans F Davis: ‘I’d take legacy over money’

December 21, 2018; Los Angeles, CA, USA; New Orleans Pelicans forward Anthony Davis (23) during a stoppage in play against the Los Angeles Lakers in the second half at Staples Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports He’s still more than a year away from free agency, but questions are swirling around the future of Anthony Davis. Will the New Orleans Pelicans trade their 25-year-old superstar? Will he re-sign with the Pelicans since they can offer him the most money at $239 million? Or are the Los Angeles Lakers…

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Afghanistan: How does the Taliban make money?

Image copyright EPA Image caption Earlier this year the Taliban said they carried out an attack in Kabul that killed at least 95 people There are indications that the US is planning a significant withdrawal of its troops from Afghanistan. American troops are in the country to support the Afghan government’s fight against the Taliban and other militant groups. The Taliban, the main insurgent group in Afghanistan with an estimated 60,000 fighters, now controls more territory in Afghanistan than at any point since its removal from power by the US-led…

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‘She controlled my money, and when I could eat’

Image caption “Dean” says he would suffer mental abuse from his ex-partner There are only nine refuges exclusively for male victims of domestic abuse in the UK. One of them is at risk of closing. The Victoria Derbyshire programme has been to meet one of the men it is helping. “She was quite controlling, she always used to take my money out of my bank account when I got paid,” says “Dean”. “She threw stuff at me. She basically kept me away from my family for the last 10 years.”…

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