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Monthly Archives: December 2017

Facebook snooze button lets you temporarily mute a friend’s posts

Jaap Arriens | NurPhoto | Getty Images Mark Zuckerberg, CEO of Facebook. Facebook will now let you temporarily mute a friend’s posts from your News Feed with a new feature called Snooze. Facebook users could already unfollow someone, hiding their posts entirely without unfriending, but the Snooze feature only mutes …

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‘We will see what happens’

Saul Loeb | AFP | Getty Images Gen. Michael Flynn(C), former national security adviser to US President Donald Trump, leaves Federal Court in Washington, DC, December 1, 2017. President Donald Trump said Friday he does not want to discuss pardons for his former national security advisor Michael Flynn — “yet.” …

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JPMorgan unveils its top tax stock plays, including Hilton, Southwest

Investors are scrambling to determine which companies will benefit most from President Donald Trump’s policy initiatives, including the current Republican plan for tax cuts. JPMorgan’s top analysts weighed in on the discussion, with Dubravko Lakos-Bujas – the bank’s head of U.S. equity strategy – telling clients that corporate tax cuts …

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Stocks will go up again in 2018, Richard Bernstein says

Getty Images A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange (NYSE) on October 17, 2017 in New York City. However, “most people really are bearish,” said Bernstein, the former chief investment strategist at Merrill Lynch. “Everybody is scared of the equity …

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Cboe bitcoin futures surge 8% Friday, head for winning first week

Cboe’s bitcoin futures looked set to end their first week of trading higher on slightly stronger demand. The futures contract, which trades under the ticker XBT and expires in January, triggered a two-minute trading halt at 5:37 a.m., ET, Friday and was last trading 8 percent higher at $18,170, as …

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Teva Pharmaceutical shares jump after Goldman upgrade

Jalaa Marey | AFP | Getty Images Israeli employees of Teva, the world’s biggest manufacturer of generic drugs, protest outside the pharmaceutical company’s plant in Kiryat Shmona, in northern Israel, on December 14, 2017. The disastrous year for Teva Pharmaceutical shareholders will improve in 2018, according to one top Wall …

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Data firm Cambridge Analytica questioned over involvement in Trump election campaign

Mandel Ngan | AFP | Getty Images President Donald Trump makes his way to board Air Force One before departing from John F. Kennedy International Airport in New York, New York on December 2, 2017. Trump is returning to Washington, DC after attending fundraisers in New York. Members of the …

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Uber rival Go-Jek acquires three fintech startups in payments push

Dimas Ardian | Bloomberg | Getty Images Go-Jek and other motorcycle riders on a street in Jakarta, Indonesia on Monday, March 21, 2016. Ride-hailing start-up Go-Jek has acquired three financial technology (fintech) start-ups as it looks to dominate Indonesia’s digital payments space. Go-Jek said Friday it had bought offline payments …

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South Africa’s ANC is about to elect its new leader

Masi Losi | The Times | Gallo Images | Getty Images South African President Jacob Zuma, Nkosazana Dlamini-Zuma, Deputy President Cyril Ramaphosa and Zweli Mkhize during the African National Congress’ policy conference on July 5, 2017, in Johannesburg, South Africa. South Africa’s ruling African National Congress (ANC) is set to …

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Bill Gurley 2017 profile: Uber, StitchFix, Snap

Patrick T. Fallon | Bloomberg | Getty Images Bill Gurley, general partner of Benchmark Capital Holdings Co. The situation had been weighing him down for months. Fellow venture capitalist Chamath Palihapitiya, who hosts a poker game on Mondays that often includes Gurley, angel investor Jason Calacanis and Yammer founder David …

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