MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

Kerrisdale Capital is short MicroStrategy stock and long bitcoin. The stock’s relative attractiveness doesn’t justify paying more than double for the same coin, Kerrisdale said. MicroStrategy is no longer a unique way to gain access to bitcoin, it said. MicroStrategy’s (MSTR) shares fell as much as 14% on Thursday after a prominent short seller, Kerrisdale … Read more

Pennsylvania man in ‘Scream’ mask killed neighbor with chain saw, then went home to watch a movie, police say

A Pennsylvania man attacked and killed his neighbor this week using a knife and a chain saw while wearing a mask and costume like the one from the movie “Scream,” officials said. The man then returned home and watched a movie until police came, according to a criminal complaint from the Pennsylvania State Police. Police … Read more

For years tourists have ridden boats through this sacred Australian natural wonder. A new ban will stop them in their tracks

The Horizontal Falls are one of Australia’s strangest natural attractions, a unique blend of coastal geography and powerful tidal forces that visitors pay big money to see up close. But all that is about to change. Located at Talbot Bay, a remote spot on the country’s northwestern coastline, the falls are created when surges of … Read more

Georgia teachers and state employees will get pay raises as state budget passes

ATLANTA (AP) — Pay raises for Georgia’s public school teachers and state employees were never in doubt politically from the moment Gov. Brian Kemp proposed them, but lawmakers finally clinched the deal on Thursday, passing a budget that also boosts spending on education, health care and mental health. Senators and represenatives worked out their differences … Read more

Can a Nursing Home Take Our Savings? We Have a $250k IRA, a House and Other Assets

A nursing home patient is escorted out of her room from an employee. Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict financial eligibility rules. Certain strategies like special trusts, home equity transfers … Read more

Macron quips about cuddly ‘wedding’ pics with Lula

French President Emmanuel Macron joined social media users Thursday in their jokes that likened his cozy pictures with Brazilian President Lula to those from a wedding album. Images of the pair smiling and warmly embracing during Macron’s three-day visit to Brazil circulated online this week alongside light-hearted captions and montages suggesting a loving relationship between … Read more