Bitcoin continues its downward spiral on regulation fears. Prices fell below $10,000 on Wednesday, a decrease of about 50% since this last December. Other cryptocurrencies such as Ether, Litecoin, and XRP were also down.
The fight for net neutrality is gaining traction after 21 states filed a lawsuit challenging the FCC's recent decision to roll back Obama-era regulations. Led by New York State Attorney General Eric Schneiderman, the lawsuit says that the FCC is violating federal law. Meanwhile, Senate Democrats are building up a coalition in Congress to challenge the ruling. All 49 Democrats and one Republican are on board, leaving them just one vote short of a majority.
The spotlight is on Former White House aide Steve Bannon in the Russia investigation. He appeared before the House Intel Committee on Tuesday where he invoked executive privilege to avoid answering questions. Next, Bannon will have an interview with special counsel Robert Mueller.
Plus, we'll tell you where Wal-Mart's best ideas are coming from. Store No 8 Founder Katie Finnegan talks about how her company comes up with ideas for Wal-Mart on a small scale before bringing them to the world's largest retailer.
Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
