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Monthly Archives: November 2017

Victoria’s Secret fashion show hits Shanghai without Katy Perry and supermodel Gigi Hadid

Fred Dufour | AFP | Getty Images Model Stella Maxwell takes a selfie backstage before the start of the 2017 Victoria’s Secret Fashion Show in Shanghai, China, on November 20, 2017. Women’s clothing brand Victoria’s Secret has wrapped its first ever fashion show in China, although the brand’s move east …

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The true cost of opioid epidemic tops $500 billion, White House says

Jim Watson | AFP | Getty Images President Donald Trump delivers remarks on combatting drug demand and the opioid crisis on October 26, 2017 in the East Room of the White House in Washington, DC. The White House says the true cost of the opioid drug epidemic in 2015 was …

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Marvell Technology clinches roughly $6 billion deal to buy Cavium

David Paul Morris | Bloomberg | Getty Images A Marvell Technology Group Ltd. flag flies outside the company’s headquarters building in Santa Clara, California. Chipmaker Marvell Technology said on Monday it would buy smaller rival Cavium in a deal valued at about $6 billion as it seeks to expand its …

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George Soros decries Hungary’s Orban for anti-Semitic attacks ‘reminiscent of the 1930s’

OLIVIER HOSLET | AFP | Getty Images George Soros, Founder and Chairman of the Open Society Foundations arrives for a meeting in Brussels, on April 27, 2017. Billionaire investor George Soros has denounced a propaganda campaign waged against him by the Hungarian government. Soros — a Hungarian by birth whose …

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Marvell Technology clinches roughly $6 billion deal to buy Cavium: Sources

David Paul Morris | Bloomberg | Getty Images A Marvell Technology Group Ltd. flag flies outside the company’s headquarters building in Santa Clara, California. Chipmaker Marvell Technology has agreed to acquire smaller peer Cavium for around $6 billion, as it seeks to expand in the networking equipment sector, people familiar …

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Kenya Supreme Court upholds repeat presidential vote

John Muchucha | AFP | Getty Images Kenya’s President Uhuru Kenyatta speaks following the official announcement of election results on August 11, 2017, in the capital Nairobi. Kenya’s Supreme Court on Monday upheld the re-election of President Uhuru Kenyatta in last month’s repeat presidential vote. Chief Justice David Maraga said …

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North Korea may have ICBM capable of reaching US this year, says South Korea

Issei Kato | Reuters A TV screen in Tokyo, Japan, reporting news about a North Korean missile launch on September 15, 2017. South Korea’s spy agency said on Monday it is possible North Korea can develop an intercontinental ballistic missile capable of reaching the U.S. mainland this year and that …

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True cost of opioid epidemic tops $500 billion

Lee Jin-man | Pool | Getty Images President Donald Trump delivers a speech at the National Assembly in Seoul, South Korea, Wednesday, Nov. 8, 2017. The White House says the true cost of the opioid drug epidemic in 2015 was $504 billion, or roughly half a trillion dollars. In an …

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Former cult leader, imprisoned for murders, dies at age 83

John Malmin | Los Angeles Times | Getty Images Charles Manson is escorted to court for preliminary hearing on December 3, 1969 in Los Angeles, California. Cult leader Charles Manson, whose followers killed actress Sharon Tate and six others in 1969, has died. He was 83. A spokeswoman for the …

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The bears may have missed their last chance to feast on 2017’s stock market

One week ago, a full buffet seemed to open up in front of Wall Street’s underfed bears. Stocks in Europe and Japan, leaders all year, were in sharp pullbacks and Chinese growth numbers fell a bit short. Prices for high-yield corporate debt, a key support for equities, were sagging and …

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