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Trump Says He’s Given ‘My Blessing’ to TikTok’s Oracle Deal, as TikTok Files New Lawsuit to Block Ban

President Trump said he approved in principle the deal under which Oracle and Walmert would receive ownership stakes in Chinese-owned app TikTok. His remarks come a day before his administration’s ban on TikTok app downloads in the U.S. is set to go into effect — which TikTok filed a last-minute suit seeking to stop. “I […] …read more […]

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Trump Says He’s Approved Oracle Deal For U.S. Tiktok

(Bloomberg) — Donald Trump said he’s approved Oracle Corp.’s bid for the U.S. operations of TikTok “in concept,” a deal forced by the president’s orders last month declaring the popular video-sharing app a national security threat.“I have given the deal my blessing,” Trump told reporters Saturday as he left the White House for a campaign rally in Fayetteville, N.C. “I approved the deal in concept.”The new company, which will be called TikTok Global, has agreed to donate $5 billion to an educational fund based in Texas, which Trump said would satisfy his request for a contribution to the government for …read more […]

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Benzinga's Bulls And Bears Of The Week: Amazon, Boeing, Kroger And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This past week’s bullish calls included an e-commerce colossus and some surprises. * An aerospace leader and a supermarket operator were among last week’s bearish calls. * As the third-quarter winds down and the presidential election heads for the home stretch, market volatility was still a major theme last week. The big U.S. indexes ended marginally lower for a week that saw the latest Federal Reserve commentary, the unveiling of the latest products from the iPhone maker …read more […]

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Tropical Storm Beta to Drench Texas, May Trigger Storm Surges

(Bloomberg) — Slow-moving Tropical Storm Beta is likely to reach hurricane strength as it meanders across the western Gulf of Mexico and Texas coast, bringing heavy rain as far as Louisiana, as well as raking off-shore energy fields with high winds next week.Winds from Beta could hit 80 miles (129 km) per hour by Monday, making it a Category 1 hurricane on the five-step Saffir-Simpson scale as it nears Corpus Christi, Texas. It’s likely to make landfall there or possibly stay just offshore, the U.S. National Hurricane Center said in a Saturday advisory.Category 1 Hanna also struck southern Texas this …read more […]

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Profit From This Retirement Rule

Last month, we let you in on some of Chief Income Strategist Marc Lichtenfeld’s top wealth-building strategies… 101 of them, to be exact.
In his comprehensive report “101 Ways to Grow and Protect Your Retirement Savings,” Marc covers everything from tax efficiency to income generation and more.
These tips run the gamut – and they’re just as valuable to implement whether you’re on year one of retirement or year 10.
In fact, one of Marc’s favorite strategies for building secure wealth is even the subject of this week’s State of the Market video…
No. 19: A trick for increasing your stocks’ yields from 3% …read more […]

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Trading Ideas

Profit From This Retirement Rule

Last month, we let you in on some of Chief Income Strategist Marc Lichtenfeld’s top wealth-building strategies… 101 of them, to be exact.
In his comprehensive report “101 Ways to Grow and Protect Your Retirement Savings,” Marc covers everything from tax efficiency to income generation and more.
These tips run the gamut – and they’re just as valuable to implement whether you’re on year one of retirement or year 10.
In fact, one of Marc’s favorite strategies for building secure wealth is even the subject of this week’s State of the Market video…
No. 19: A trick for increasing your stocks’ yields from 3% …read more […]