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Monthly Archives: November 2017

AARP opposes Senate tax bill, calls Medicare cuts troubling

Aaron P. Bernstein | Reuters Senate Majority Leader Mitch McConnell, a Republican from Kentucky, center, speaks as Senator Orrin Hatch, a Republican from Utah, left, and Senate Majority Whip John Cornyn, a Republican from Texas, listen during a news conference after a weekly GOP luncheon meeting at the U.S. Capitol …

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Med tech company BioTelemetry to aid in Apple heart study

Drew Angerer | Getty Images A customer tries out an Apple Watch Nike+ at an Apple Store in the SoHo neighborhood of Manhattan, October 28, 2016 in New York City. Shares of BioTelemetry rose about 12 percent on Thursday morning, after the medical technology company announced it will participate in …

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Amazon wasn’t going to ‘wreck it tomorrow’

Daniel Acker | Bloomberg | Getty Images Shoppers at a Kroger supermarket in Peoria, Ill. Kroger’s quarterly earnings were “impressive,” and show that pressure from Amazon wasn’t going to deter major grocery chains immediately, CNBC’s Jim Cramer said Thursday. Shares of Kroger were more than 9 percent higher Thursday, trading …

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Apple Watch EKG monitor approved by the FDA

Tomohiro Ohsumi | Getty Images A person uses an Apple Watch Series 3 at the Apple Omotesando store on September 22, 2017 in Tokyo, Japan. The FDA has approved an EKG monitor as an accessory for the Apple Watch — the first certified medical device for the increasingly popular wearable, …

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Bitcoin plunges 20% from its high

It’s been a wild ride for bitcoin traders. From Wednesday’s high of $11,363.99, bitcoin has fallen to a low of $9,021.85, a 20.6 percent drop. The crypotocurrency is in a period of extreme volatility after a strong showing over the Thanksgiving holiday weekend, when it set multiple all-time records. Bitcoin …

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Nvidia hits correction territory, and that may be a buying opportunity

Shares of Nvidia tanked as much as 11 percent from its recent intraday high, but Todd Gordon says this could just be the best time to buy. The TradingAnalysis.com founder said the charts are showing that Nvidia actually has room to rally before the stock enters overbought territory. Gordon pointed …

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Apple iPhone chips could be proprietary next year

Getty Images Apple CEO Tim Cook prepares to greet customers that will purchase a new iPhone X at an Apple Store on November 3, 2017 in Palo Alto, California. Apple is designing its own main power management chips for use in iPhones as early as in 2018, the Nikkei business …

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Irish PM names Foreign Minister Simon Coveney as deputy PM

Getty Images | Artur Widak | NurPhoto Simon Coveney, the new Irish deputy prime minister, arrives at the Mansion House in Dublin. Irish Prime Minister Leo Varadkar on Thursday named Foreign Minister Simon Coveney as deputy prime minister, replacing Frances Fitzgerald, whose resignation over a policing scandal on Tuesday allowed …

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US congressman Conyers not planning to resign: Report

Bill Clark | CQ Roll Call | Getty Images Rep. John Conyers, D-Mich. Democratic U.S. Representative John Conyers has no immediate plans to resign after several women accused him of sexual misconduct, his lawyer told the Detroit News on Wednesday. “He’s not going to be forced out of office, and …

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London’s mayor says Trump not welcome in UK after Islam tweets

Nicholas Kamm | AFP | Getty Images President Donald Trump delivers remarks on November 15, 2017 in the Diplomatic Room at the White House in Washington, DC. The Mayor of London has called on U.K. Prime Minister Theresa May to cancel any plans for an official visit by U.S. President …

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