Business

One week after Herbalife stock tumbled following concerns of yet another Chinese crackdown on multi-level marketing scheme, Carl Icahn has struck again, squeezing his nemesis Bill Ackman who continues to be short the name, after Herbalife announced on Monday morning that while the company had tried and failed to pursue an LBO, it has instead entered into a pact with Carl Icahn and unveiled a "self-tender" offer according to which it would pursue a whopping $600 million buyback, equivalent to about 10% of its market cap, purchasing shares at a price between $60 and $68, effectively assuring

It’s been another breakout year for Tesla. Over the course of 2017, the company’s market capitalization has soared beyond those of major manufacturers like Ford, GM, BMW, Honda, and Nissan. This thrust can be partly attributed to the company’s Model S, which reigns supreme as the top-selling plug-in electric car worldwide in 2015 and 2016.

Via SovereignMan.com,

What happened:

Turns out when soda cost the same as beer, people choose to drink beer. That is what is happening in Philadelphia.

The city’s 1.5 cent per ounce tax on soda has made beer a cheaper option. But that isn’t the only effect of the ill conceived plan to raise revenue.

The tax didn’t raise the money expected, according t o a study by the Tax Foundation.

As we reported last month, a Wisconsin company called Three Square Market has become the first company in the US to offer microchip implants to its employees. The firm, which designs software for breakroom markets, wants employees to use microchips to help facilitate vending-machine payments. The firm wanted to use its employees as test subjects for their product. And though the program was strictly voluntary, it marks an uncomfortable beginning of a trend that could someday result in all humans being involuntarily microchipped.

How do you spot a market top? Is risk being mispriced? What is the greatest macro opportunity of the next decade? These were some of the questions Real Vision asked as part of the latest quarterly deck compilation of so-called "Killer Charts".