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Intel CEO steps down

Another stock we’re watching is Intel shares dropping as CEO Brian Krzanich is forced out at after it was revealed he entered into a ‘consensual relationship’ with a direct report – Myles this is against Intel’s employee guidelines, so he had to go, but this is a big blow for the chipmaker, isn’t it – the stock is up nearly 120% since he took over in 2013…
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Business News

AT&T to launch wireless plans bundled with video after Time Warner win

(Reuters) – AT&T Inc will launch two new unlimited wireless plans next week that will be bundled with a new video streaming service called WatchTV, in the company’s first move to pair entertainment with phone service after closing its $85 billion acquisition of media company Time Warner Inc.

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Wall Street falls as drops in Amazon, Intel add to trade jitters

Amazon dropped as much as 1.9 percent, before paring losses to trade down 1 percent. “Traders are very reactionary to Supreme Court news that could impact the balance sheet of online retailers,” said Andrew Thrasher, portfolio manager with Financial Enhancement Group LLC in Indianapolis, Indiana. …read more […]

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Trading Ideas

This chart should convince every teen to start saving for retirement

If you start saving in a Roth IRA at age 15 rather than 25, you can double your savings by retirement with no extra work. “Individual retirement accounts, known as IRAs, are super smart places to put your money. Kobliner says young people should be taking advantage of Roth IRAs, because any earned income stored there will be taxed today rather than at withdrawal, when they’re more than likely to be in a higher tax bracket. …read more […]