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Trading Ideas

An Unconventional Way for Ford Motor Company to Buy Tesla Inc

Last April, I pondered whether Ford Motor Company (NYSE:F) could afford to buy Tesla Inc (NASDAQ:TSLA). For the sake of Ford stock, here’s why I think Ford absolutely should buy Tesla. First, I should probably revisit some of my thoughts regarding the viability of Ford buying Tesla and what’s changed over 13 months. …read more […]

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Trading Ideas

Conservative revolt over immigration sinks House farm bill

House Republican leaders suffered an embarrassing setback Friday when conservatives scuttled an ambitious farm bill, part of a high-stakes power play as they once again exert their oversized sway in the House. In this case, conservatives in the House Freedom Caucus wanted to slow the momentum of bipartisan immigration legislation to help young “Dreamers.” Republican moderates are gaining ground with their immigration effort and conservatives don’t like the deals taking shape. By withholding their votes on the farm bill, they flexed their political muscle to doom both. …read more […]

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Trading Ideas

Trump, the stealth tax-raiser

President Trump has been pressuring the postmaster general to double the shipping rates the U.S. Postal Service charges e-commerce giant Amazon, according to a nearly unbelievable account in the Washington Post. Trump, of course, has been attacking Amazon for months, out of personal animosity toward its CEO, Jeff Bezos, who also owns the Washington Post, which routinely publishes unflattering Trump material (like the postal scoop it just got from, well, who knows). It must gall Trump that he can’t. …read more […]

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Business News

U.S., China talks focus on cutting trade deficit, China denies $200 billion target

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Friday he was determined to stop China from “taking our jobs, taking our money” as U.S. and Chinese negotiators met for a second day to try to avert a tariff war and find ways to boost U.S. exports to China.

…read more […]

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Business News

Trump urged U.S. Postal Service to double package rates for Amazon: Washington Post

WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources.

…read more […]

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Trading Ideas

Ethereum Could Be the Next Apple: Steve Wozniak

Blockchain platform Ethereum could be the next Apple, one of the iconic tech company’s co-founders said this week. According to Forbes, Steve Wozniak made this bullish prediction in front of 5,000 people at this week’s WeAreDevelopers conference in Vienna. “Ethereum interests me because it can do things and because it’s a platform,” he said, adding …read more […]