Business

It Looks Like Fyre Festival Is Being Investigated by the Federal Bureau of Investigation

It Looks Like Fyre Festival Is Being Investigated by the Federal Bureau of Investigation

Guests who paid up to $12,000 (£9,225) for Fyre Festival tickets in April were outraged when they arrived to a filthy and littered festival and half-built tents. Before the festival moved to Exuma Islands, McFarland had advertised for months that it would be held on the fictional island of "Fyre Cay". Those wristbands were merely a stopgap solution to help the company's cash flow, according to two employees with knowledge of the accounts.



Iraq's Crude Oil Production Is near a 9-Month Low

Russian Federation and Saudi Arabia, the largest of the 24 producers that agreed to cut output for six months starting in January, said on Monday that they favor a nine-month extension of the reductions. It also noted that, alongside production cuts and steady demand growth, a rise in global refinery runs should start to contribute to the rebalancing.


White House Claims Trump Travel Ban Not Targeting Muslims

White House Claims Trump Travel Ban Not Targeting Muslims

A federal appeals court in Virginia grilled the Trump administration over its attempts to institute a travel ban against six majority-Muslim countries, repeatedly asking why it should ignore President Trump's vows to institute a "Muslim ban" that would violate the First Amendment.


GST to make mobile services dearer, to slowdown infrastructure rollout: COAI

GST to make mobile services dearer, to slowdown infrastructure rollout: COAI

GST on services was the main item discussed at the GST meet today, he said, adding that most services tax exemptions will be grandfathered and they will continue. With a tax levy of 28%, ACs and refrigerators are likely to get dearer. Auto manufacturers body Society of Indian Automobile Manufacturers (SIAM) on Friday welcomed the new GST (Goods and Services Tax) rates on automobiles.



Texas revives transgender 'bathroom bill' for public schools

Straus cast a white light on the House voting board-present but not voting. A small group of Democratic women legislators went into the men's restroom just off the House floor before debate began in protest. "We are getting rolled by the Senate, and transgender children are a part of that bargain". By focusing on schools, Texas is hoping to avoid boycotts that hurt North Carolina.