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Monthly Archives: February 2018

Salesforce shares rise after Jefferies upgrades stock, predicts 20% rally

Noah Berger | Bloomberg | Getty Images A woman walks past Salesforce.com signage at the DreamForce Conference in San Francisco, California. Enterprise software company Salesforce.com’s “consistently strong” enterprise growth and customer demand will propel shares up more than 20 percent, according to one top Wall Street firm. Jefferies upgraded Salesforce …

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McDonald’s slims down the Happy Meal by banishing cheeseburgers

Photo: Getty Images Since 1979, children have delighted in the McDonald’s Happy Meal, a repast marketed specifically at them in which the hamburger and French Fries are accompanied by a toy. But in 2011, the meals got markedly less happy when the San Francisco Board of Supervisors banning the inclusion …

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Cyril Ramaphosa elected as president of South Africa after Zuma departure

Mike Hutchings | AFP | Getty Images Cyril Ramaphosa, acting president of South Africa, reacts as he arrives at Parliament in Cape Town on February 15, 2018, for a session to officially deal with former President Zuma’s resignation and his possible election and swearing-in. African National Congress (ANC) leader Cyril …

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UK blames Russia for cyberattack, says won’t tolerate disruption

Simon Dawson | Bloomberg | Getty Images A lock screen from a cyber attack warns that data files have been encrypted on a laptop computer in this arranged photo. Britain blamed Russia on Thursday for a cyber-attack last year, publicly pointing the finger at Moscow for spreading a virus which …

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Sports thrive in North Korea despite sanctions

Jean Catuffe | Getty Images Tae Ok Ryom of North Korea warms up during the Figure Skating Pairs Skating Short Program on day five of the PyeongChang 2018 Winter Olympic Games. “The emphasis on sports is part of Kim Jong Un’s strategy to construct and highlight more of what makes …

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World’s seafood supply endangered by criminals at sea

Ted Kemp | CNBC Ice vendors preserve shrimp for sale in an open-air, vegetable and seafood market in Yangon, Myanmar. Finally, it’s hard to determine who the real perpetrators are — even when violating boats are identified. Illegal fishing vessels change names and intentionally obscure their ownership. A vessel at …

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India’s federal agency probing money laundering in bank fraud case

Indranil Mukherjee | AFP | Getty Images An Indian man walks past a sign for the state-owned Punjab National Bank (PNB) in Mumbai on February 14, 2018. India’s Enforcement Directorate, a government agency that fights financial crime, will probe the possibility of money laundering in a $1.77 billion fraud case …

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LinkedIn found a way to grow Talent Solutions

Source: Microsoft | YouTube Satya Nadella and Jeff Weiner on Microsoft acquiring LinkedIn, June 13, 2016. Microsoft subsidiary LinkedIn has figured out how to expand its key Talent Solutions business, LinkedIn CEO Jeff Weiner said at an event on Wednesday. The strategy suggests that LinkedIn is trying out one of …

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UPS, Anadarko and Mosaic are the best of the S&P stocks in correction

While the stock market’s gut-wrenching volatility appears to have subsided, nearly two-thirds of the S&P 500 still remains in correction territory, a technical term for a 10 percent decline. And that has some strategists bargain hunting. Miller Tabak equity strategist Matt Maley says three disparate names share one common trait: …

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The market’s fear index just gave the green light to this comeback

Brendan McDermid | Reuters Traders work on the floor of the New York Stock Exchange, (NYSE) in New York. The Cboe volatility index’s fall below 20 is a good sign for stocks, if it sticks. “The VIX has been a leading indicator for the past two weeks. When it spiked, …

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