News That Matters

Tag: action

Bitcoin investors beware: The IRS wants its piece of the action

Bitcoin investors beware: The IRS wants its piece of the action

Finance
If you didn't tell the IRS about your gains from bitcoin or other cryptocurrencies in the past, you might regret it this year. With bitcoin down more than 50 percent so far in 2018, there's a chance some investors have triggered (or will trigger) a tax loss this year by either selling, trading or spending their digital assets. And while those losses can be used to offset any other investment gains, it could raise eyebrows at the IRS if it's the first time the agency is hearing about your crypto holdings. "If I were in those shoes, I'd think about my past transactions and whether there were gains," said Sarah-Jane Morin, a par...
Woodward at Saratoga, big 2-year-old races highlight weekend Thoroughbred action

Woodward at Saratoga, big 2-year-old races highlight weekend Thoroughbred action

Sports
The Woodward, the Super Derby and top quality 2-year-old events on both turf and dirt highlight the Labor Day weekend Thoroughbred racing schedule. Kentucky Downs opens its all-too-brief meeting over the undulating, European-style grass course on the old Dueling Grounds site. Still more high-end turf races are carded at Del Mar, Saratoga and Monmouth Park. Things largely are quiet on the international front -- except in Hong Kong. The Hong Kong Jockey Club this week formally opened its plush and massive Conghua Training Center on the Mainland -- a project that holds major implications for the HKJC itself and, perhaps, for racing in China. The formal opening took place Wednesday, just four days before Sunday's start of the 2018-19 racing season at Sha Tin. Sunday also finds one of Europe's...
Turkey takes action in bid to curb currency crisis

Turkey takes action in bid to curb currency crisis

Business
Turkey's central bank has said it is ready to take "all necessary measures" to ensure financial stability after the collapse of the lira.It has vowed to provide banks with "all the liquidity the banks need".The comments came after a widening diplomatic spat with the US prompted market turmoil in the country.Investors were not reassured. Although the lira rose slightly, it still hit a new record low against the dollar and stock markets in Europe and Asia fell.Before the announcement the lira was down 9% before recovering slightly to be 6% lower in late morning trading in Turkey.Turkey's interior ministry said it was taking legal action against 346 social media accounts it claimed had posted comments about the weakening lira "in a provocative way". Time to ...
BBC court action over Jodie Whittaker Doctor Who leak

BBC court action over Jodie Whittaker Doctor Who leak

Entertainment
The BBC has asked a US court to compel a California-based website to produce records which could identify who leaked footage of the next Doctor Who series.A 53-second clip featuring the new Doctor Jodie Whittaker and two still images of the actor were shared via Tapatalk a week ago.BBC Studios said it takes "theft and illegal distribution of our content extremely seriously". The BBC has filed an application with the California Federal Court.Tapatalk is not accused of any wrongdoing, and users who upload copyrighted materials violate its terms and conditions.A spokesman added that BBC Studios "will strive to protect our programme-makers, audiences and licence fee payers from any breaches of security - ensuring Doctor Who fans enjo...
Carabao Cup first round draw: Championship, League One and League Two clubs in action as fixtures are revealed

Carabao Cup first round draw: Championship, League One and League Two clubs in action as fixtures are revealed

Sports
UP FOR THE CUP The EFL Cup draw was broadcast EXCLUSIVELY on talkSPORT 2 live from Vietnam on Friday morning The fixtures for the first round if this season’s Carabao Cup have been revealed after the draw live from Vietnam on Friday morning. See EFL Cup first round draw IN FULL below! The pick of the ties include an all-championship clash between Leeds United v Bolton, League One newcomers Sunderland against Sheffield Wednesday and Frank Lampard’s Derby County against League Two Oldham Athletic. The draw was conducted by Premier League greats Louis Saha, Steve McManaman and Dennis Wise in Ho Chi Minh City, Vietnam. It was split into two categories – the north and the south – to keep travel down ...