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Trading Ideas

Trump: We will not let socialism destroy health care

President Trump gave his third State of the Union address Tuesday night, targeting Democrats and their health care plans. Former Treasury Deputy Assistant Secretary & Renaissance Macro Research Head of Policy Stephen Pavlick joins Yahoo FInance’s Zack Guzman, Sibile Marcellus and Former Congresswoman (R-NY) and Independent Women’s Forum board member Nan Hayworth on YFi PM to discuss. …read more […]

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Trading Ideas

CIA Opens Competition for Lucrative Cloud Deals to Amazon Rivals

(Bloomberg) — The Central Intelligence Agency is planning to hire multiple companies for lucrative cloud computing deals in a new program that will give rivals a chance to take on market leader Amazon.com Inc.The U.S. government posted draft requirements this week for new CIA contracts that aim to build on commercial cloud capabilities the intelligence community first gained through a $600 million contract awarded to Amazon in 2013, according to documents presented to industry and obtained by Bloomberg News.Microsoft Corp., International Business Machines Corp. and Oracle Corp. are catching up to Amazon with new technical offerings, public-sector clients and federal …read more […]

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Trading Ideas

Shell boosts crude output in top U.S. shale field to 250,000 bpd

Shell plans to spend about $3 billion (2.3 billion pounds) per year for the next five years on shale projects, said Amir Gerges, vice president of Permian assets for Shell, at the Argus Americas Crude Summit in Houston. Its Permian Basin production rose more than 100,000 barrels per day in the last year. …read more […]

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Business News

Ackman’s Pershing Square exits Starbucks, sticks by Chipotle, sees gains at Agilent

Investor William Ackman updated clients on his portfolio on Wednesday saying his Pershing Square Capital Management exited its Starbucks Corp. position as future growth looks less robust but will stick with last year’s biggest winner, Chipotle Mexican Grill Inc. .

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Business News

Exclusive: Kia in talks over moving $1.1 billion plant to another Indian state – sources

South Korea’s Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.

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