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Monthly Archives: July 2017

SoftBank talks to invest in Uber are dead, sources tell CNBC

Chris Ratcliffe | Bloomberg | Getty Images Masayoshi Son, chairman and chief executive officer of SoftBank Group SoftBank will not be making an investment in Uber, sources tell CNBC. The Japanese conglomerate had been considering an investment in the ride-hailing company at a time when Uber’s management is in turmoil, …

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Analyst downgrades Facebook, predicts nearly 20 percent drop

Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at the 2017 Facebook’s F8 Developer Conference An analyst at a small research firm is doubling down on his negative call for Facebook shares after the social media giant reported blow out earnings results last week. Pivotal …

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Snap shares fall as IPO ‘lockup’ expires, allowing for insider selling

Snapchat’s stock dropped as its IPO “lockup” period expired Monday, allowing early insiders and employees to sell up to 400 million shares. Snap shares were down 3 percent in premarket trade Monday morning to about $13.42 a share. The stock first fell below its $17 IPO price in July and …

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Discovery Communications to buy Scripps Networks for $14.6B in cash and stock

Frederick M. Brown / Stringer Darrell Miklos, Jerry Roberts and executive producers Ari Mark and Darryl Frank of the docuseries ‘Cooper’s Treasure’ speak onstage during the Discovery Channel portion of the 2017 Winter Television Critics Association Press Tour. This marks at least the third time that Discovery, whose shareholders include …

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Jeanne Moreau, Femme Fatale of French New Wave, Is Dead at 89

Ms. Moreau spent little time in Hollywood. She starred in John Frankenheimer’s war drama “The Train” (1964) opposite Burt Lancaster, played an aging European star in “The Last Tycoon” (1976) and did a cameo as an elderly descendant of Cinderella in “Ever After” (1998). Although she was directed by Orson …

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Suicide bomber attack near Iraqi embassy in Afghan capital Kabul

Shah Marai | AFP | Getty Images Afghan policemen arrive at the site of a suicide blast near Iraq’s embassy in Kabul on July 31, 2017. Afghan security forces battled gunmen near a police compound and the nearby Iraqi embassy in Kabul on Monday following a suicide bombing, officials said. …

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AirAsia looks to consolidate despite regulatory hurdles

Anusak Laowilas | NurPhoto | Getty Images An AirAsia plane takes off at Don Mueang International Airport on January 15, 2017 in Bangkok, Thailand. Conditions in the oil and currency markets are also helping to boost the business, according to the CEO. “Oil has been in the best position it’s …

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What’s on TV Monday: ‘What Maisie Knew’ and ‘The Bachelorette: The Men Tell All’

Photo Julianne Moore, left, and Onata Aprile in “What Maisie Knew.” Credit Jojo Whilden/Millennium Entertainment Rock on with Julianne Moore and Tilda Swinton as superstars wreaking havoc on their loved ones. Or hear what the men have to say about Rachel’s behavior during her love quest. What’s Streaming WHAT MAISIE …

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What political development will move markets the most?

Bryan R. Smith | AFP | Getty Images The Wall Street Bull sculpture is seen in the Financial District on December 8, 2016 in New York. Republicans’ years-long attempt to repeal Obamacare seemingly collapsed last week after three GOP senators, including John McCain, cast “no” votes. Despite the failure, President …

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Review: Tina Howe’s New Englanders Thrash in the Shallows of ‘Singing Beach’

Photo From left, Naren Weiss, Tuck Milligan, Elodie Lucinda Morss (standing), Devin Haqq (foreground), John P. Keller and Erin Beirnard in Tina Howe’s “Singing Beach.” Credit Joel Weber Tina Howe’s “Singing Beach,” produced by Theater 167 at Here, needs a lifeguard. While it returns to themes and situations she has …

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