Money & Power

Saturday, June 15th, 2013

Sneakerheads: Inside the World of High-Stakes Sneaker Trading


With the sneaker reselling game growing rapidly over the past couple years, lot’s of people have been cashing in and making profit on some of the most sought after kicks around. Nightline decided to take us in the day in the life of some of todays young sneaker resellers as they do some bartering and making money on a long day at a sneaker show. We also get some insight from well-known sneakerhead DJ Clark Kent, as he gives us the run down on what he thinks of the new age sneaker reseller.

Monday, June 10th, 2013

Ex-CIA Man Says Exposed U.S. Spy Scheme for Better World


Edward Snowden’s decision to flee to Hong Kong as he prepared to expose the US government’s secret surveillance programs may not save him from prosecution due to an extradition treaty in force since 1998.

Saturday, June 8th, 2013

Highest Paid Athletes by Forbes


Here are the Top 5 World’s Highest Paid Athletes according to Forbes magazine. Tiger Woods takes the cake again this year:

Saturday, June 8th, 2013

The Takeover | Kevin Durant to Sign with Roc Nation Sports


The deal isn’t done yet, but it appears to be in motion. Interestingly enough, ESPN’s Darren Rovell reports here that, contrary to previous reports and this statement, Jay is yet to sell his stake in the Nets.

Saturday, June 8th, 2013

Organized Crime for the Digital Age


When most people think of organized crime, they think of Prohibition-era gangsters leaning out car windows with tommy guns, shooting at the cops or rival groups. As exciting as that vision of organized crime is, the reality has begun to resemble something else entirely. No longer do mobsters screw around with guns or car chases; instead they’ve taken to the Internet to capitalize on the anonymity and efficiency of conducting their shady dealings online.

Tuesday, June 4th, 2013

The Most Expensive Champagne in the World


The Goût de Diamants Brut Diamond champagne bottle is being called the most expensive in the world due to the brands logo on the bottle that features a 19-carat diamond valued at about $1.56 Million USD.

Tuesday, May 28th, 2013

Montreal Mafia Sent Weekly Chartered Flights Stuffed with Millions in Cash to L.A. to Buy Cocaine


A Montreal man, named as part of the Mafia clan of Vito Rizzuto, pleaded guilty in New York City Thursday to international cocaine trafficking after agents seized millions of dollars in his Beverly Hills home and luxury car and found that millions more were being flown across the continent in private planes each week.

Tuesday, May 28th, 2013

Yahoo! Rumoured To Offer $800 Million to Purchase Hulu


According to reports, Yahoo! has flexed its muscles a bit with an $800 Million USD bid to purchase online streaming platform Hulu. Coming just days after its $1.1 billion USD acquisition of Tumblr, Yahoo!’s exact bid for Hulu will be related to its licensing and content control agreements with current Hulu owners ABC, Fox, and Comcast as CEO and President Marissa Mayer – a former executive at Google – continues to reach for a younger audience. Stay tuned for an official press release should the deal come to fruition.

Tuesday, May 14th, 2013

Son Surprises Mom With House For Mothers Day


For years, Mike saw his mom toil through long hours, financial hardship and health problems. From battling cancer — and beating it — to losing her home in the economic downturn, she’s been through the wringer, and after all that, she lives in a shared apartment and works seven days a week to provide for her family. So this Mother’s Day, Mike surprised her with something special.

Monday, May 13th, 2013

Robert Downey Jr. The $100 Million Man?


Robert Downey Jr. is set to become Hollywood’s first $100 million man. The 48-year-old star has played the role of Iron Man/Tony Stark in the superhero trilogy and The Avengers, and – if a two-film deal is reached for him to reprise the part in sequels to the comic book blockbuster – he could soon become the best-paid actor in the history of Hollywood.