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Bentley to invest $3.4B in EVs, IMF urges El Salvador to ditch bitcoin, Marc Jacobs glitch giveaway

Yahoo Finance Video

Yahoo Finance Live's Julie Hyman discusses the latest headlines, which include car manufacturer Bentley's plans to become the first fully EV company by 2030, the IMF pushing El Salvador to drop bitcoin as its legal tender, and a Marc Jacobs website glitch that allowed customers to purchase handbags for free.

Video Transcript

JULIE HYMAN: IMF is urging El Salvador to drop Bitcoin as a legal means of payment due to large risks associated with it. El Salvador was the first country in the world to make Bitcoin legal tender last September. It previously used the US dollar as its main legal tender since 2001. In a statement, the IMF said that Bitcoin poses risks for financial stability, financial integrity, and consumer protection.

Some Marc Jacobs shoppers were in for a surprise upon checkout yesterday. The website had a major glitch and allowed some customers to receive a 100% discount on their bag purchases, also known as free. That's according to "The Wall Street Journal."

The company quickly caught on, calling it an inadvertent error. It since canceled the order. So the folks who thought they were getting $300 bags for $0, unfortunately for them, fortunately for Marc Jacobs, they will not be receiving those bags.