High-flying Amazon’s record run will continue into next year. That’s according to Todd Gordon, founder of TradingAnalysis.com, who says the charts are pointing to record highs for Amazon in early 2018. The online retailer has already surged 58 percent this year, and Gordon says the stock is poised to exceed …
Read More »Monthly Archives: December 2017
Trump targets Amazon in call for postal service to hike prices
Luke Sharrett | Bloomberg | Getty Images A United States Postal Service (USPS) letter carrier delivers mail in Shelbyville, Kentucky. U.S. President Donald Trump on Friday targeted online retailer Amazon in a call for the country’s postal service to raise prices of shipments in order to recoup costs. “Why is …
Read More »New York City fire kills 12, sends residents scrambling
Vural Elibol | Anadolu Agency | Getty Images Fire Department of New York City members operate on scene of a blaze at an apartment building in Bronx borough of New York City, USA on December 28, 2017. About 170 firefighters worked in bone-chilling cold, just 15 degrees, to rescue about …
Read More »‘Faceless’ 100-peso notes found through Facebook
It took a social media post for the Philippine central bank to realize its mistake of circulating a bunch of defective, “faceless” banknotes. The 100-Philippine peso notes ($2) were missing the portrait of former president Manuel Roxas. Two words were also omitted from the country’s official name, according to a …
Read More »Brexit worries drove a jump in UK domestic mergers in 2017
Neil Hall | Reuters DATE IMPORTED:June 19, 2016Participants holding a British Union flag and an EU flag kiss during a pro-EU referendum event at Parliament Square in London, Britain June 19, 2016. The volume of U.K. domestic deals this year surged to $68 billion from $34.3 billion in 2016 as …
Read More »Alabama judge rejects Roy Moore’s attempt to delay vote certification
Jonathan Bachman | Reuters Roy Moore speaks during a rally in Midland City on Dec. 12, 2017. An Alabama judge has rejected Roy Moore’s attempt to stop the state from making his defeat official in Alabama’s special Senate election. Montgomery Circuit Judge Johnny Hardwick on Thursday denied Moore’s attempt to …
Read More »Trump sends a warning after report of China oil sales to North Korea
Saul Loeb | AFP | Getty Images President Donald Trump and Chinese President Xi Jinping (R) arrive prior to a meeting on the sidelines of the G20 Summit in Hamburg, Germany, July 8, 2017. President Donald Trump said Thursday he is “very disappointed” following a report that China may have …
Read More »Turkey mutually lift visa restrictions, ending months-long row
Umit Bektas | Reuters Turkish President Tayyip Erdogan addresses his supporters at the Presidential Palace in Ankara, Turkey, April 17, 2017. The United States and Turkey lifted all visa restrictions on Thursday after Washington said Ankara had kept to assurances no further U.S. mission staff would be targeted for performing …
Read More »Here’s when it will affect you
The business world will see the corporate tax rate drop permanently to 21 percent, from 35 percent, beginning Monday. Additionally, starting in 2018 interest deductions will be limited to 30 percent of earnings before interest, taxes, depreciation and amortization. And starting in 2022, the 30 percent in interest deductions will …
Read More »Tech and media predictions For 2018 COMMENTARY
Getty Images Apple employees cheer as the doors are opened for customers at the Fifth Avenue Apple Store, September 22, 2017 in New York City. It’s been a wild year for the tech and media worlds in 2017. We have seen gigantic mergers like AT&T with Time Warner, as well …
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