Groundbreaking Movie Star Anna May Wong To Be First Asian American Featured On US Currency

Early movie star Anna May Wong, who broke into Hollywood during the silent film era, will become the first Asian American to appear on US currency, a century after she landed her first leading role.

Wong’s image, with her trademark blunt bangs and pencil-thin eyebrows, will feature on the back of new quarters from Monday.

The design is the fifth to emerge from the American Women Quarters Program, which highlights pioneering women in their respective fields. The other four quarters, all put into production this year, feature poet and activist Maya Angelou; the first American woman in space, Sally Ride; Cherokee Nation leader Wilma Mankiller; and suffragist Nina Otero-Warren. The latter two were, along with Wong, selected with input from the public.

“These inspiring coin designs tell the stories of five extraordinary women whose contributions are indelibly etched in American culture,” the US Mint’s acting director, Alison Doone, said in a statement to CNN last year, when the list was revealed.

Considered the movie industry’s first Chinese American star, Wong overcame widespread discrimination to carve out a four-decade career in film, theater and radio. She acted alongside icons including Marlene Dietrich, Joan Crawford and Laurence Olivier and appeared on stage in London and New York.

Born in Los Angeles, she began acting at 14 and took a lead role in “The Toll of the Sea” three years later, in 1922. She went on to appear in dozens of movies but faced deeply entrenched racism in Hollywood, where she struggled to break from stereotypical roles.

She moved to Europe in the 1920s, but later returned to the US to make hits including “Shanghai Express,” the 1932 adventure-romance movie that gave Wong one of her best-known roles — it starred Dietrich as a notorious courtesan who takes a three-day rail journey through China during the Chinese Civil War and is held hostage on board, with Wong playing a fellow first-class passenger.

Throughout her life, Wong advocated for greater representation of Asian American actors in Hollywood. She received a star on the Hollywood Walk of Fame in 1960, the year before she died aged 56.

Source: CNN

Advertisement

Dogecoin Mining Scam In Turkey Costs 1,500 People $119M As Alleged Perpetrator Vanishes Into Thin Air

An alleged scammer has gone missing in Turkey with 350 million Dogecoin valued at nearly $119.14 million, as per local media reports.

What Happened: Turgut V. organized one-on-one meetings and promoted “Dogecoin mining” at luxurious venues in order to lure investors and build relationships with them, reported Interesting Engineering, citing Turkey’s TV100.

Post the meetings, Turgut V. gathered the investors on a Telegram channel and got them to transfer DOGE to the allegedly fraudulent scheme.

An investor told TV100 that they were promised 100% returns in 40 days.

At press time, DOGE traded 0.71% higher at $0.29 over 24 hours.

Why It Matters: Reportedly 1,500 people made transfers to Turgut V.’s operations in the course of three months on the promise of regular dividends before they were abruptly shut down.

Istanbul’s Küçükçekmece Chief Public Prosecutor’s Office has launched an investigation into the incident and banned Turgut V. from leaving Turkey.

As per TV 100, 11 other suspects are also under investigation, which includes the romantic partner of Turgut V. 

Dogecoin, often discussed by Tesla Inc CEO Elon Musk, has captured the imaginations of many retail investors, a fact not unnoticed by scam artists.

Source: Benzinga

Apple and Tesla are doing stock splits. Here’s what that actually means to investors

106684619-1598886314083-gettyimages-1207376657-AFP_1PY0SI.jpeg

When a company splits its stock, its total value doesn’t change; it just ends up with more stocks, each at a cheaper cost.

Here’s a food metaphor: If you ask the guy at the pizzeria to cut each slice in your large pie in half, you’ll still go home with the same amount of pizza. You just have more, smaller slices now.

Companies typically say they’re splitting their stocks to make them affordable to more people.

But, is that reality? It’s more of a way to grab headlines and bring in money, said certified financial planner Douglas Boneparth, founder and president of Bone Fide Wealth in New York.

“This was done as a marketing tool to get smaller investors to invest in the stock,” Boneparth said. “The actual mechanics of the company are the same.”

And therefore, so are your chances of making a profit on either Tesla or Apple, experts say.

“People ultimately want to know, ‘What does this mean for my bottom line?’” Boneparth said. “The answer is: nothing.”

If you own Apple in an index fund, for example, it’s as if you had a dollar that just turned into four quarters, Boneparth said.

Source: CNBC