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Monthly Archives: February 2018

Taiwan launches campaign for China independence referendum, local media reports

Toshifumi Kitamura | AFP | Getty Images Former Taiwanese president Lee Teng-hui displays a sign reading ‘departure from the old, bracing for the new’ during a luncheon in which he spoke about the ‘establishment of Taiwan’s Autonomy’ at the Foreign Correspondents’ Club in Tokyo, Japan, on July 23, 2015. A …

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GE destruction happened after Jack Welch left as CEO

“[Immelt] came in, in an aura of a coronation. This big thing, he’s succeeding Jack Welch,” Langone said on “Squawk Box,” though he admitted he had voted for Immelt to succeed Welch. “On paper, [Immelt] looked fabulous. He really did and you can’t take that away from him. Look at …

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Amazon will start selling UFC pay-per-view fights

Jeff Bottari | Zuffa LLC | Zuffa LLC | Getty Images Renan Barao of Brazil punches Brian Kelleher in their bantamweight bout during the UFC Fight Night event at Amway Center on February 24, 2018 in Orlando, Florida. Amazon is taking another step closer to parity with the big cable …

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Trump criticizes Attorney General Jeff Sessions over FISA probe

Nicholas Kamm | AFP | Getty Images President Donald Trump, left, stands with Attorney General Jeff Sessions on December 15, 2017 in Quantico, Virginia, before participating in the FBI National Academy graduation ceremony. President Donald Trump blasted his own attorney general yet again Wednesday, calling a decision by Jeff Sessions …

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Russia not halting Syria’s use of chemical weapons, US says

OMAR HAJ KADOUR | AFP | Getty Images A picture taken on April 4, 2017 shows destruction at a hospital in Khan Sheikhun, a rebel-held town in the northwestern Syrian Idlib province, following a suspected toxic gas attack. Russia has violated its duty to guarantee the destruction of Syria’s chemical …

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We were moved ‘unimaginably’ by Florida school shooting

Victor J. Blue | Bloomberg | Getty Images Guns sit on display at a Dick’s Sporting Goods Inc. store in Paramus, New Jersey. Dick’s Sporting Goods Chairman and CEO Ed Stack said Wednesday his decision to stop selling assault-style rifles was motivated by the deadly Valentine’s Day Florida school shooting. …

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Gunmaker stocks slide after Dick’s halts assault rifle sales

Victor J. Blue | Bloomberg | Getty Images Guns sit on display at a Dick’s Sporting Goods Inc. store in Paramus, New Jersey. Shares of gunmakers Sturm, Ruger & Co. and American Outdoor Brands — formerly Smith & Wesson — fell Wednesday after Dick’s Sporting Goods announced that it will …

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Russia says International Olympic Committee reinstates its membership

Valery Sharifulin | TASS via Getty Images Olympic Athletes from Russia take part in the Parade of Nations at the opening ceremony of the PyeongChang 2018 Winter Olympic Games at Pyeongchang Olympic Stadium. The head of Russia’s Olympic Committee said on Wednesday that the International Olympic Committee (IOC) had reinstated …

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Toys R Us goes into administration in the UK following US closures

Andrew Matthews | PA Images via Getty Images Sale signs outside a Toys R Us store in Basingstoke, Hampshire, as the company has put forward plans to close at least 26 U.K. stores, putting up to 800 jobs at risk. Toys R Us has just gone into administration in the …

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A strange divergence is gripping the energy market. Here’s how to play it

The relationship between oil and energy stocks has diverged to a notable degree, and investors may wonder how to play the spread. Just consider the way WTI crude and the S&P energy exchange-traded fund, the XLE, have traded so far this year. The XLE has sunk 5 percent year to …

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