Trading Ideas
President Trump on why he canceled North Korea meeting
President Trump speaks at the White House about his decision to cancel his highly anticipated meeting with North Korean dictator Kim Jong-Un. …read more […]
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Business News
Kroger’s meal kit deal reheats Blue Apron shares
SAN FRANCISCO (Reuters) – Shares of Blue Apron climbed on Thursday after Kroger said it was buying Home Chef to broaden its menu in the home meal kit market while stock of Calavo Growers, whose unit partnered with Kroger on another meal kit service, slumped.
Trading Ideas
Trump realized he was walking into a trap with North Kore…
Former CIA Analyst Sue Mi Terry and Sung-Yoon Lee of Tufts University discuss factors contributing to President Trump canceling the summit in June with Kim Jong Un. …read more […]
Business News
Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium: source
ST PETERSBURG, Russia/MOSCOW (Reuters) – Russian aluminium producer Rusal has asked the Russian government to purchase some of its output, a government source said on Thursday, in an effort to alleviate the pain inflicted by U.S. sanctions.
Business News
UAW accuses Musk of threatening Tesla workers over unionization
(Reuters) – The United Auto Workers union (UAW) has filed a complaint accusing Tesla Inc Chief Executive Elon Musk of illegally threatening to take away benefits from workers who join the union.
Business News
Wall Street slips as Trump cancels North Korea summit, targets car imports
(Reuters) – U.S. stocks fell on Thursday after President Donald Trump canceled a planned historic summit with North Korean leader Kim Jong Un and threatened tariffs on auto imports while trade tensions with China simmered.
Business News
Union accuses Tesla CEO Musk of threatening workers
(Reuters) – The United Auto Workers International Union (UAW) has filed a complaint accusing Tesla Inc Chief Executive Elon Musk of illegally threatening to take away benefits from workers who join the union.
Trading Ideas
COLUMN-Ideology threatens to trump facts in official Medicare handbook
In September, the federal government will mail a handbook on Medicare enrollment to 43 million households. “Medicare & You” is an important, authoritative source on a wide array of plan options for the annual enrollment period that runs from Oct. 15 through Dec. 7, and it has been mailed out to beneficiaries each year since 1999. The Medicare Rights Center and two other groups (Justice in Aging and the Center for Medicare Advocacy) argue that the draft contains inaccurate, ideologically tinted descriptions of the tradeoffs between original fee-for-service insurance …read more […]
Business News
Wall Street sinks as Trump cancels North Korea summit, targets car imports
(Reuters) – U.S. stocks tumbled on Thursday after President Donald Trump canceled a planned historic summit with North Korean leader Kim Jong Un, heightening concerns over his latest protectionist move as trade tensions with China simmer.
Business News
Deutsche Bank mistakenly transferred $24 billion in 2014
FRANKFURT (Reuters) – Deutsche Bank erroneously transferred 21 billion euros ($24.62 billion) to Macquarie in 2014, a spokesman said on Thursday, the latest such error to come to light.
Business News
U.S. auto import probe fans tariff fears, riles Asia, Europe carmakers
(Reuters) – A Trump administration investigation of car and truck imports raised the threat on Thursday of renewed conflict over trade policy for an industry that thrives on stability and sent stocks in Asian and European automakers down.
Business News
About $1.2 billion in cryptocurrency stolen since 2017: cybercrime group
NEW YORK (Reuters) – Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin’s popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday.
Trading Ideas
PornHub has its own VPN now
PornHub is diversifying. The most popular site that no one you know will admit …read more […]
Trading Ideas
The Father of Free Markets Is Not Who You Think
Editor’s Note: If you’ve kept up with your Investment U emails over the past few days, you’re aware that big changes are coming to your subscription.
But that’s really all I’ve told you. (And if you haven’t opened your emails lately, now’s a great time to do a quick skim!)
I promise to provide more details next week after Memorial Day. But for now, are you ready for a little game of Clue?
Pay close attention to the themes in today’s article by Nicholas.
Two key words should stand out… and will summarize our evolving brand and mission.
Can you guess which they are? Leave …read more […]
Business News
Wall Street drops as Trump cancels North Korea meet, adds to tariff fears
(Reuters) – U.S. stocks dropped on Thursday after President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un, while a slide in oil prices and bank stocks also weighed as investors grappled with fresh U.S. protectionist plans.