Month: August 2018

Two days after a report detailed an accusation of sexual assault against #MeToo activist Asia Argento, the Italian actress and filmmaker said she never had a sexual relationship with the young actor whom she agreed to pay $380,000 in a settlement. Argento, who has alleged that film producer Harvey Weinstein raped her, said in a statement Tuesday that she was linked “in friendship only” to Jimmy Bennett, a now 22-year-old Los Angeles actor who filed a legal notice of intent to sue Argento. As detailed in a New York Times story published Sunday, Bennett claimed Argento, then 37, …read more […]

FBN’s Charlie Gasparino on reports Elon Musk and Tesla are retaining bankers and advisors in an effort to move forward with the privatization process and the historic bull market. …read more […]

The jury in the financial fraud trial of former Trump campaign chairman Paul Manafort asked the judge Tuesday what it should do if it cannot reach a consensus for a single count in the case. The jury in Alexandria, Virginia is weighing 18 counts against Manafort, who is accused of hiding millions of dollars in foreign income from Ukraine and of lying on loan applications to maintain a lavish lifestyle. Manafort’s attorneys called no witnesses in his defense, arguing that the prosecution failed to meet their burden of proof. …read more […]

It’s smelling like roses these days, but technically speaking Apple (NASDAQ:AAPL) is ripe for turning less sweet with investors. From its earnings beat to chatter over low-cost Macs and a fresh Apple Watch on the horizon, Apple’s stock has surged 13% in August to reach all-time-highs and cement its place as the world’s first trillion-dollar public company. Bank of America’s recent upgrade only serves to bolster the case for investing in Apple’s growth. …read more […]

Last week, General Electric Company (NYSE:GE) hit a terrible milestone. The market value on General Electric stock is now at $107 billion. Keep in mind that GE stock has dropped a grueling 48% during the past year. …read more […]

Morgan Stanley has joined Goldman Sachs in restricting its research coverage of Tesla. Tesla CEO Elon Musk is attempting to take the electric-car maker private and has begun tapping banks for services. Follow Tesla’s stock price in real time here. …read more […]

Netflix (NASDAQ: NFLX) has certainly had a tough time of it recently. After being one of the best performing internet stocks in the first half of the year, NFLX stock has crashed back to reality. Certainly some of the sell off was warranted given the disappointing subscriber growth and ongoing cash burn. …read more […]