PITTSBURGH , May 30, 2022 /PRNewswire/ -- "As a plumber I thought there should be a way to replace the conventional floor drain and offer an extra layer of protection to prevent major sewage backups," said an inventor, from OTTAWA, Ontario, Canada , "so I invented the BACK WATER TRAP. My design would prevent any return backup at the floor level, reducing any related sewage odors, mold, or bacteria buildup." The invention provides a multi-functional floor drain trap for required water egress. In doing so, it eliminates upward reverse flow of sewage from the drain into a residential home. As a result, it reduces the frustration associated with conventional floor drains and it prevents the backup of toxic water, unpleasant sewage odors, mold buildup, etc. The invention features a simple design that is easy to install so it is ideal for residential or commercial settings, professional plumbers, etc. The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 21-TRO-587, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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Sam Bankman-Fried used an old trick to make more money on his crypto exchange FTX, according to the Wall Street Journal.
Followers of Warren Buffett know he's generally averse to technology stocks. Buffett typically takes big positions, and therefore seeks a high bar in terms of both valuation and conviction. Since Buffett has admitted he's a novice when it comes to technology, it's no surprise to see few tech stocks in his portfolio, which totaled nearly $300 billion as of the third quarter.
The legendary investor has just invested in five new companies after liquidating most of his stock portfolio in the second quarter.
Days after the FTX debacle, all eyes are now on rival Crypto.com. For some Crypto.com could be the next cryptocurrency company to face a severe liquidity crisis as the collapse and bankruptcy of FTX is prompting greater scrutiny in the digital assets industry. Marszalek claimed Crypto.com has an exposure of under $10 million to FTX when the firm went bankrupt on November 11.
Shares of streaming giant Netflix (NASDAQ: NFLX) closed Monday's trading session up 3.2%, decisively outperforming the major U.S. indexes, which declined. Its gains may have had something to do with Friday's release of Nielsen's ratings for streaming services for the week of Oct. 10, which showed The Watcher in the top spot and other Netflix shows giving it a total of seven slots in the top 10. Netflix's Dahmer, a biopic series about serial killer Jeffrey Dahmer, was previously No. 1, but slipped to No. 3 behind Amazon Prime Video's Lord of the Rings: Rings of Power.
Investing legend Warren Buffett's Berkshire Hathaway bought Taiwan Semiconductor in Q3 and added to several positions.
The Fortune 500 company was one of a few brands that fell victim to Twitter's altered verification policy.
The sector's sharp upturn came after China's National Bureau of Statistics said online retail sales of physical goods rose 7.2% in the first 10 months of the year.
Shares of Cassava are moving higher on news that its rival Roche suffered a setback in its Alzheimer's drug research trial.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in Taiwan Semiconductor Manufacturing Co., a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. Shares surged.Most Read from BloombergFTX’s Balance Sheet Was BadMusk Publicly Punishes Twitter Engineers Who Call Him Out OnlineChina Plans Property Rescue in Latest Surprise Policy ShiftBiden, Xi Chart Path to Warmer Ties With Blinken Chin
Yahoo Finance autos correspondent Pras Subramanian details Porsche's continued commitment to an EV transition with its Macan EV expected out in 2025, while also noting Elon Musk's comments on the likelihood of the Tesla board issuing a stock buyback program.
The prolific entrepreneur discusses his last conversation with Sam Bankman-Fried the day before FTX went bankrupt and why its collapse isn’t the end for crypto.
Celebrity money manager Cathie Wood, chief executive of Ark Investment Management, focuses on young technology companies that she views as disruptors. To be sure, it's also a company that has performed well in recent years under a highly-regarded chief executive. The company is General Motors , and the CEO is Mary Barra.
In this piece, we will take a look at the 20 biggest electric vehicle companies in the world. For more companies, head on over to 5 Biggest Electric Vehicle Companies in the World. Courtesy of Elon Musk and Tesla, the electric vehicle segment has become one of the hottest in the world. While electric cars […]
Dow Jones futures were little changed ahead of Tuesday's stock market open. Key inflation data is due out Tuesday morning.
After last week’s better-than-expected October inflation data, stocks saw broad gains. The tech-heavy NASDAQ led the way with a jump of 7.67%, and the S&P 500 was more than 5% up at the end of the week. Gains like that can spread out, and cloud stocks were among the NASDAQ’s best performers. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, points out that this sharp rally gives investors a chance to clear the chaff out of their cloud stock portfolios and focus on high-quality names
Most recently, the bank came under fire from Sen. Elizabeth Warren (D-Mass.) for its use of the fast-cash bank-to-bank transfer service known as Zelle. The service was created in a partnership between several major banks, including Wells Fargo, Bank of America , JP Morgan Chase , and more to offer a transfer option similar to that of PayPal . Not long before that, Wells Fargo was called out for discriminatory practices after closing long-time accounts without warning.
The government in Beijing announced more measures to contain China's property sector decline and relaxed some COVID-19 restrictions.
Amazon is expected to lay off some 10,000 employees, according to The New York Times.
The latest message from former FTX chief executive Sam Bankman-Fried left onlookers puzzled and alarmed after the swift decline into bankruptcy for the cryptocurrency exchange he founded.