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3 Stocks That Could Double Your Money
JD.com, Kinder Morgan, and Oaktree Capital could still have room to run as the bull market enters its 10th year. …read more […]
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Business News
Volkswagen CEO received memorandum about emissions cheating fallout: NDR
Volkswagen Chief Executive Herbert Diess was given a memorandum warning the carmaker might face legal action in the U.S. over the use of cheating software in cars just days before the scandal broke, a public broadcaster reported on Friday.
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Upcoming Earnings to Watch: Salesforce, Best Buy, HPE
Second-quarter earnings season is winding down, with most of the giants having already reported at least a few weeks ago. Yet, the week of August 20 saw some big names release their results, including Target (TGT) and Alibaba (BABA). And we’re not done yet. …read more […]
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Mueller Probe Intensifying to Breakneck Pace, Ex-Deputy Asst. AG Litman Says
Aug.24 — Harry Litman, former deputy assistant attorney general, reacts to federal prosecutors giving immunity to Allen Weisselberg, the Trump Organization’s chief financial officer. He speaks with Bloomberg’s Kevin Cirilli on “Bloomberg Markets.” …read more […]
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Edited Transcript of UPL earnings conference call or presentation 9-Aug-18 3:00pm GMT
Q2 2018 Ultra Petroleum Corp Earnings Call …read more […]
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Lisa Brennan-Jobs said she would give her father's billions to the Bill and Melinda Gates Foundation if she could
Lisa Brennan-Jobs’ upcoming memoir, “Small Fry,” describes her relationship with her father, Apple founder Steve Jobs. Brennan-Jobs received an inheritance after her father’s death, but his $20 billion fortune is controlled by Laurene Powell Jobs. …read more […]
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Robin Leach of ‘Lifestyles of the Rich and Famous’ dies
Robin Leach, whose voice crystallized the opulent 1980s on TV’s “Lifestyles of the Rich and Famous,” died Friday. Leach’s family said through a public relations firm that he died in Las Vegas, where he made his home. Leach had a stroke in November while on vacation in Mexico that led to a months-long recovery, much of which he spent at the Cleveland Clinic in Ohio before returning to Las Vegas in June. …read more […]
Business News
Fed’s Powell defends policy of gradual interest rate hikes
Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump’s criticism of higher borrowing costs.
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U.S. Fed's Powell defends policy of gradual interest rate hikes
Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump’s criticism of higher borrowing costs. The Fed, which began to tighten monetary policy in 2015, has raised rates twice this year and is widely expected to do so again next month and in December. Powell made no mention of Trump’s criticism of the Fed’s monetary policy. …read more […]
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Buy Netflix (NFLX) Stock After International Expansion Upgrade?
Shares of Netflix (NFLX) surged over 4% Friday on the back of an analyst upgrade, which helped cap off a strong week for the streaming TV titan amid what had been a dismal post-earnings stretch. So let’s take a look at the reasoning for the upgrade, along with some other Netflix news, before we see if it might be time to buy Netflix stock. …read more […]
Business News
U.S. calls foreign mail system unfair in surprise win for Amazon
The U.S. State Department on Friday said it would push for foreign postal carriers to pay the U.S. Postal Service more to deliver small parcels within the United States, taking up a longtime complaint by Amazon.com , UPS and others who have called the current system unfair.
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Steve Jobs' daughter has written a memoir, not a fairy tale
The oldest daughter of Steve Jobs, Lisa Brennan-Jobs, has written a memoir about her life and relationship with her father, and it’s no fairy tale. Yahoo Finance’s Melody Hahm, Dion Rabouin, Andy Serwer and BBG Ventures’ Susan Lyne discuss. …read more […]
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Analyst: 'Other automakers are years behind' what Tesla is doing
Tesla competitive advantage involves a mountain of data. “This is something no other automakers have done.” …read more […]
Business News
Wall St. rallies as Powell stays on rate-hike course
Wall Street rallied on Friday, with the S&P 500 and the Nasdaq hitting all-time highs, after Federal Reserve Chair Jerome Powell said the central bank’s current approach to interest rate hikes was the best way to protect the U.S. economic recovery.
Business News
Papa John’s taps investment banks amid pressure from founder: sources
Papa John’s International Inc , the world’s third-largest pizza delivery company, has hired Bank of America Corp and Lazard Ltd to help find ways to stabilize the restaurant chain, which has come under pressure from its founder John Schnatter, people familiar with the matter said on Friday.