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Monthly Archives: April 2018

Dunkin Brands and Burger King’s parent

Short-seller Jim Chanos revealed Thursday on CNBC that he’s betting against two fast-food stocks. The founder and president of Kynikos Associates said in a “Squawk Box” interview that he’s shorting Dunkin’ Brands and Burger King’s parent Restaurant Brands International. “We’ve been short these things for about a year,” said Chanos, …

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Facebook stock (FB) set to soar at the open

Paul Marotta | Getty Images Facebook founder and CEO Mark Zuckerberg received an Honorary Doctor of Laws Degree from Harvard University at its 2017 366th Commencement Exercises on May 25, 2017 in Cambridge, Massachusetts. Facebook is set to open roughly 8 percent higher a day after reporting better-than-expected first quarter …

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Snapchat takes a second try at Spectacles

Brendan McDermid | Reuters A woman wears Snapchat’s Spectacles on the floor of the New York Stock Exchange during the company’s initial public offering in New York, March 2, 2017. Snapchat is launching an updated version of Spectacles, its glasses with an embedded camera, and says its first version of …

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General Motors earnings Q1 2018

Getty Images Mary Barra, Chairman and CEO of General Motors, holds a media briefing at the 2016 GM Annual Meeting of Shareholders on June 7, 2016 in Detroit, Michigan. General Motors reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, fueled by strong sales of crossovers, particularly in …

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Sean Spicer unveils Melania Trump waxwork at Madame Tussauds New York

Hector Retamal | Getty Images Former White House press secretary Sean Spicer stands next to waxworks of First Lady Melania Trump as well as the President at Madame Tussauds New York City in April 2018 Spicer said the statue was convincing. “I’m not kidding, I looked at a photo I …

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Britain’s Prince Harry asks elder brother William to be his best man at wedding

Eddie Mulholland – WPA Pool | Getty Images Entertainment | Getty Images Prince William, Duke of Cambridge and Prince Harry attend the European Premiere of ‘Star Wars: The Last Jedi’ at Royal Albert Hall on December 12, 2017 Britain’s Prince Harry has asked his elder brother Prince William to be …

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Tesla’s head of Autopilot leaves, ex-Apple exec to succeed

Salwan Georges | The Washington Post | Getty Images Tesla’s new Model 3 at the Tesla store in Washington, D.C. Tesla said on Thursday Jim Keller, the head of its low-voltage hardware, Autopilot software and infotainment, is leaving the automaker to focus on microprocessor engineering with another company. Pete Bannon, …

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Barclays and Paypal announce tie-up as banks mull big tech threat

Matt Crossick/PA Images via Getty Images Barclays Bank’s UK headquarters in Canary Wharf, London. British bank Barclays and digital payments firm PayPal have announced a partnership that will see them explore ways to combine their services for customers, Barclays said on Thursday. The pair aim to allow Barclays customers in …

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Deutsche Bank plans ‘significant’ job cuts after sharp drop in profits

Krisztian Bocsi | Bloomberg | Getty Images Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany, on Thursday, Oct. 20, 2016. Deutsche Bank posted first-quarter net profits of 120 million euros ($146 million) Thursday, a 79 percent fall from last year’s figure. The bank announced plans to significantly …

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