Month: September 2018

President Donald Trump can’t just walk away from a $130,000 hush deal with Stormy Daniels after having conducted a six-month public relations campaign to discredit and bully the adult film actress, her lawyer said. Trump and his former lawyer, Michael Cohen, both filed court papers in recent days saying they wouldn’t seek to enforce the October 2016 contract to keep Daniels quiet about a sexual tryst she says she had with Trump, or challenge claims that it wasn’t valid. Daniels’s lawyer, Michael Avenatti, said in a filing Monday that their change of heart was evidence Trump and Cohen …read more […]

Ford is saying ‘no’ to President Trump’s demand that it move production of the Ford Focus Active to the US. This as Apple is warning the tariffs on China will drive up prices. Yahoo Finance’s Alexis Christoforous, Rick Newman and Maylan Studart have the latest on the trade fight. …read more […]

Pot stocks continued charging higher Monday after Aurora Cannabis Inc. reached a deal to acquire South America-focused ICC Labs Inc. The C$290 million ($220 million) deal is the latest in an acquisition spree that has seen Aurora buy at least 10 companies in the past two years. Aurora shares gained as much as 4.1 percent, while ICC added 5.6 percent at 9:30 a.m. in Toronto. …read more […]

Facebook, Amazon.com, Netflix, and Google parent Alphabet stumbled last week, but you don’t want to bet against them. …read more […]

CBS Corporation CEO and Chairman Leslie Moonves has left the company after The New Yorker published a new report detailing sexual harassment and assault allegations from six women against the media executive. The accusations followed sexual misconduct and harassment accusations from six other women in July, as The New Yorker reported. The network said Moonves would not receive any severance benefits at this time. …read more […]

Costco’s recent sales momentum showed no sign of petering out in August. …read more […]

CNBC’s Robert Frank takes a look at how the latest round of proposed tariffs on Chinese goods could impact art dealers and collectors. …read more […]