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June 19, 2018 5:24 PM Jeff Bezos Is the Richest Man in the World with a Net Worth of $141 Billion (Sorry, Bill Gates!)

According to Forbes, Bezos’ net worth is now $141 billion. When the list was published in March, his worth was listed as $112 billion. Gates currently has a net worth of $92.5 billion, a small increase from March, when it was at $90 billion. This year, Bezos is the first and only person to ever grace the list with a 12-figure fortune to his name. And, as Forbes 16

June 19, 2018 4:43 PM Washington residents to vote on plan to give tipped workers a raise

WASHINGTON (Reuters) - Washington residents on Tuesday are voting on a proposal that would more than quadruple the minimum wage for tipped workers, including servers, bartenders and hairstylists, to $15 an hour, matching that of other workers in the U.S. capital. The measure is the latest effort to raise pay for low-income workers across the United States 15

June 19, 2018 4:39 PM Italian prosecutor appeals against Morgan Stanley case ruling

ROME (Reuters) - Italian prosecutors said on Tuesday they would appeal against a decision by an administrative court not to hear a case over derivatives that targeted Morgan Stanley (MS.N). The case centers on Morgan Stanley derivative transactions made by the Italian state between 1995 and 2005 and terminated in December 2011 and January 2012. The prosecution 19

June 19, 2018 3:32 PM Silicon Valley couple set out to raise $1,500 for a separated family. They're at $4M

Immigrant children are shown outside a former Job Corps site that now houses them, Monday, June 18, 2018, in Homestead, Fla. It is not known if the children crossed the border as unaccompanied minors or were separated from family members. (AP Photo/Wilfredo Lee) USA Today called it "likely the largest fundraiser ever on Facebook" ... and that was when it had raised 12

June 19, 2018 3:28 PM Dimitrov sets up Djokovic clash at Queen's

LONDON (Reuters) - Second seed Grigor Dimitrov survived a tough first-round workout against Bosnia’s Damir Dzumhur at the Queen’s Club championships on Tuesday to set up a second-round clash with former world number one Novak Djokovic. The 27-year-old Bulgarian was edged out in a second-set tiebreak but eventually prevailed 6-3 6-7(4) 6-3, sealing victory 13

June 19, 2018 12:43 PM U.S. Housing Starts Rebound in May

Residential building permits—potentially signaling amount of construction is in the pipeline—fell 4.6% U.S. housing starts rebounded last month to their highest level since 2007, but permits fell sharply. Housing starts rose 5.0% in May from the prior month to a seasonally adjusted annual rate of 1.350 million, the Commerce Department said Tuesday. This is the highest 14

June 19, 2018 12:19 PM Big Oil Tries to Take the Fracking Boom Global

BP’s Khazzan natural-gas project in Oman marks a breakthrough for fracking projects outside the U.S. A BP PLC project deep in Oman’s desert shows how big-oil companies are taking hydraulic-fracturing techniques perfected in Texas to the global stage, where they had long struggled. BP’s $12 billion Khazzan project launched last year on a complex roughly 23

June 19, 2018 12:00 PM Have the Culture Wars Killed Christian Unity?

Pope Francis will address the World Council of Churches this week amid diminished expectations for ecumenism VATICAN CITY—No modern pontiff has more zealously pursued unity with non-Catholic Christians than the man who currently holds the office. Pope Francis made an ecumenical breakthrough in 2016 by holding the first meeting in history between a pope and a Russian 20

June 19, 2018 11:58 AM AfD: Germany's Ozil, Gundogan should be dropped from World Cup squad over Erdogan photo

BERLIN (Reuters) - The anti-immigrant Alternative for Germany (AfD) on Tuesday called for soccer players Mesut Ozil and Ilkay Gundogan, who had their photographs taken with Turkish President Tayyip Erdogan, to be dropped from Germany’s World Cup squad in Russia. The two players of Turkish descent angered some fans and politicians when they were pictured 16

June 19, 2018 9:42 AM Father of Knicks' Kanter charged with 'membership in a terror group'

A Turkish court accepted an indictment charging the father of New York Knicks center Enes Kanter with “membership in a terror group,” according to the country’s official news agency Monday. Prosecutors will seek conviction and a 5- to 10-year prison term after an investigation of Mehmet Kanter, Anadolu Agency said. There is no word when a trial is set to begin 17