Home / 2018 / February

Monthly Archives: February 2018

Steve Wynn strikes back at reports he raped woman fathered her child

Calvin Sit | Bloomberg | Getty Images Billionaire Steve Wynn, chairman and chief executive officer of Wynn Resorts Ltd. One woman told police she had a child with Wynn after he raped her, while another reported she was forced to resign from a Las Vegas job after she refused to …

Read More »

Hope Hicks will resign as White House communications director: New York Times

Getty Images White House Communications Director Hope Hicks attends a listening session hosted by U.S. President Donald Trump with student survivors of school shootings, their parents and teachers in the State Dining Room at the White House February 21, 2018 in Washington, DC. Trump issued a statement praising Hicks. He …

Read More »

A peek inside Bill Gross’ stamp collection that he’s selling

Adam Jeffery | CNBC The historic Pony Express cover signed by co-founder William H. Russell estimated to fetch between $75,000 and $100,000 at auction. He also has a block of six of the first U.S. stamps, which were issued in 1847, worth between $500,000 and $750,000. Charles Shreve, director for …

Read More »

Spotify IPO has limited lock-up period

Louis Lanzano | Bloomberg | Getty Images Daniel Ek, chief executive officer of Spotify Among the many things that distinguish Spotify’s upcoming share sale from a typical IPO, there’s this gift for existing investors: they can cash out whenever they want. The music-streaming company filed for its offering on Wednesday …

Read More »

Take guns ‘early’ without going to court first

Mandel Ngan | AFP | Getty Images President Donald Trump speaks during the 2018 White House business session with state governors in the State dining Room of the White House on February 26, 2018 in Washington, DC. President Donald Trump on Wednesday called for seizing guns “early” from potentially dangerous …

Read More »

Dow closes 380 points lower, snaps longest monthly win streak since 1959

U.S. stocks fell sharply in choppy trade Wednesday, giving up earlier gains, as Wall Street wrapped up a volatile month for the major averages. The Dow Jones industrial average closed 380.83 points lower at 25,029.20, with Caterpillar as the worst-performing stock in the index. More than half of the day’s …

Read More »

IRS debuts new tax withholding tool. Here’s what you’ll pay

Saul Loeb | AFP | Getty Images U.S. Treasury Secretary Steven Mnuchin speaks at a daily press briefing at the White House in Washington, DC, on January 11, 2018. The IRS has launched its new income tax withholding calculator, giving workers guidance on how much they should deduct for these …

Read More »

Consumer Reports says Tesla Model 3 is fun to drive, but has some flaws

Salwan Georges | The Washington Post | Getty Images Tesla’s new Model 3 car on display is seen on Friday, January 26, 2018, at the Tesla store in Washington, D.C. The Tesla Model 3 is an enjoyable car to drive, but some features disappoint, said Consumer Reports on Wednesday, after …

Read More »

Spotify files for IPO

Akio Kon | Bloomberg | Getty Images Daniel Ek, chief executive officer and co-founder of Spotify AB. Spotify filed to go public on Wednesday. The company will begin trading on the New York Stock Exchange under the ticker name SPOT. Here’s Spotify’s F1 filing. The company is the leader in …

Read More »

Ex-Trump top aide Manafort pleads not guilty, faces Sept. 17 trial

Getty Images Paul Manafort (R), former campaign manager for Donald Trump, arrives at the E. Barrett Prettyman Federal Courthouse, February 28, 2018 in Washington, DC. President Donald Trump’s embattled ex-campaign manager Paul Manafort pleaded not guilty on Wednesday to new charges brought against him by Special Counsel Robert Mueller in …

Read More »