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Monthly Archives: April 2018

Facebook needs risk oversight committee

Saul Loeb | AFP | Getty Images Facebook CEO and founder Mark Zuckerberg testifies during a US House Committee on Energy and Commerce hearing about Facebook on Capitol Hill in Washington, DC, April 11, 2018. An activist hedge fund that wants Facebook to set up a risk oversight committee asked …

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Student activist David Hogg calls for boycott of Vanguard and BlackRock over gunmaker ownership

Paul Morigi | Getty Images Marjory Stoneman Douglas High School student David Hogg speaks onstage at March For Our Lives on March 24, 2018 in Washington, DC. One of Parkland, Fla.’s most prominent student activists on stopping gun violence has called for a boycott of Vanguard and BlackRock, two of …

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Bitcoin tax day rally is apparently not happening as price drops

Bitcoin pundits had bet on prices recovering after U.S. investors filed their taxes. But as markets headed into the close on tax day, prices pulled back dramatically below $8,000. Bitcoin fell more than $200 in 30 minutes, to a low of $7,861 as of 4:00 p.m. ET, according to CoinDesk. …

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company is principled about whom it works with

David A. Grogan | CNBC Brad Smith, President and Chief Legal Officer, Microsoft, speaks at the 2017 Cambridge Cyber Summit on October 4, 2017. Microsoft president and chief legal officer Brad Smith said on Tuesday that the company is “principled” about the sorts of people it works with. The statement …

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Republicans get bad 2018 midterm election news in Pennsylvania poll

Andrew Harrer | Bloomberg | Getty Images A man walks past a ‘Stand Up For Steel, Stand Up For America’ sign while arriving at the United States Steel Corp. Clairton Plant coke manufacturing facility as emissions rise in Clairton, Pennsylvania. A new poll shows warning signs for Republicans in Pennsylvania, …

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Trump says it’s possible summit with North Korea’s Kim won’t happen

Jung Yeon-Je | AFP | Getty Images People watch a television news screen showing pictures of US President Donald Trump (C) and North Korean leader Kim Jong-Un (R) at a railway station in Seoul on November 29, 2017. U.S. President Donald Trump said on Tuesday he hopes to hold a …

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Cambridge Analytica planned to issue digital currency: Reuters, citing sources

Henry Nicholls | Reuters Alexander Nix, CEO of Cambridge Analytica, center, arrives at the offices of Cambridge Analytica in central London, Britain, March 20, 2018. Cambridge Analytica was planning to raise money by issuing a new type of digital currency before it became embroiled in a scandal surrounding the misuse …

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Twitter is surging and the charts are pointing to an even bigger rally

Twitter shares rallied more than 10 percent Tuesday on an upgrade from Morgan Stanley, citing that the platform’s relationship with advertisers, improving user numbers and positive revisions make it “a more compelling risk/reward.” As the company gets ready to announce first-quarter earnings next week, one trader says the stock looks …

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Stormy Daniels offers reward to ID man who allegedly threatened her over Trump

Mike Segar | Reuters Adult-film actress Stephanie Clifford, also known as Stormy Daniels, arrives at ABC studios with her attorney Michael Avenatti (L) to appear on The View talk show in New York City, New York, U.S. April 17, 2018. Shortly before the alleged encounter, Daniels had sold her story …

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Stocks surge more than 1% after Netflix jumps on earnings

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on July 17, 2014 in New York City. IBM, CSX and United Continental are among the companies set to report Tuesday after the close. “The Q1 earnings season has …

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