Trading Ideas
The Latest: Trump says China 'spoiled' by US trade wins
BEIJING (AP) — The Latest on China-U.S. trade talks in Beijing (all times local): …read more […]
Month: May 2018
Trading Ideas
Quakes, lava and gas: Hawaii residents flee volcanic threats
Many rural residents living on an erupting volcano in Hawaii fled the threat of lava that spewed into the air in bursts of fire and pushed up steam from cracks in roadways Friday, while others tried to get back to their homes. Officials ordered more than 1,700 people out of neighborhoods near Kilauea volcano’s newest lava flow, warning of the dangers of spattering hot rock and high levels of sulfuric gas that could threaten the elderly and people with breathing problems. Officials said the airport and highways were not damaged, but residents said they felt strong shaking and …read more […]
Trading Ideas
The Latest: Trump connects gun rights to GOP votes
President Donald Trump is urging members of the National Rifle Association to elect more Republicans to Congress to defend gun rights. Trump addressed the NRA’s annual convention in Dallas Friday. Trump said: “We will never give up our freedom. …read more […]
Business News
SandRidge expands board to allow two Icahn nominees
(Reuters) – SandRidge Energy said on Friday it would increase its board size to seven from five to allow investors to elect two of activist investor Carl Icahn’s nominees.
Newsmakers
Check-Cap (NASDAQ: CHEK) Announces Pricing of $17.5 Million Upsized Underwritten Public Offering
ISFIYA, Israel, May 04, 2018 — Check-Cap Ltd. (the “Company” or “Check-Cap”) (NASDAQ: CHEK, CHEKW, CHEKZ), a clinical-stage medical diagnostics company engaged in the development of C-Scan®, an ingestible capsule for preparation-free, colorectal cancer screening, […]
Business News
U.S. issues arrest warrant for former Volkswagen CEO but unlikely to face charges
(Reuters) – The U.S. Justice Department said on Friday that former Volkswagen Chief Executive Martin Winterkorn, indicted on four felony charges in Detroit in the company’s diesel emissions scandal, is a fugitive who faces a U.S. arrest warrant.
Trading Ideas
Pandora nears 6 million paid subscribers as it chases profit
In the face of stern competition from the likes of Spotify and Apple Music, …read more […]
Business News
Glare on Southwest highlights tense relationship between management, mechanics
NEW YORK/WASHINGTON (Reuters) – Federal investigators were assigned last year to monitor Southwest Airlines’ maintenance operations, the Federal Aviation Administration said on Friday, after whistleblower complaints of mistreatment of mechanics raised safety concerns.
Business News
Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal
(Reuters) – Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016.
Trading Ideas
F8 proved there’s no escape from Facebook
During a keynote about privacy at F8, Facebook’s Chief Security Officer Alex …read more […]
Business News
Deutsche Bank to shift NY headquarters from Wall Street
(Reuters) – Deutsche Bank AG said on Friday it will move its New York headquarters from Wall Street to a location midtown.
Business News
Qualcomm to depose Apple services chief Eddy Cue
(Reuters) – Qualcomm Inc can depose Apple Inc’s services chief Eddy Cue in addition to Chief Executive Tim Cook, a magistrate judge in the U.S. District Court for the Southern District of California ruled on Friday, part of the chipmaker’s effort to determine whether Apple worked with Samsung to focus regulatory scrutiny on Qualcomm.
Trading Ideas
Qualcomm to depose Apple services chief Eddy Cue
The access to Cue is important because Qualcomm alleges talks between executives at Apple and its rival Samsung Electronics Co Ltd were central to its decision to cut off Apple from a stream of nearly $1 billion in licensing rebate payments. …read more […]
Business News
Wall St. rallies as inflation fears ebb; Apple hits record high
NEW YORK (Reuters) – The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.
Business News
Colgate names company veteran as chief financial officer
(Reuters) – Colgate-Palmolive Co said on Friday company veteran Dennis Hickey will step down as chief financial officer and would be succeeded by corporate controller Henning Jakobsen.