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Monthly Archives: August 2018

Tech companies spend millions to secure and transport their top execs

David Paul Morris | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook, holds his phone after the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 13, 2018.  Tech executives have a higher profile than ever before, whether …

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Trump responds to Sen John McCain ending treatment for brain cancer

Cheriss May | NurPhoto | Getty Images President Donald Trump made the statement that the United States is withdrawing from the Paris Climate Accord, in the Rose Garden of the White House, June 1, 2017. President Donald Trump tweeted his condolences to the family of Sen. John McCain, who died …

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This correlation suggests bitcoin may end year ‘explosively higher’

If you’re trying to figure out when bitcoin’s slump will end, you may want to look at the emerging markets. According to Fundstrat Global Advisors’ Thomas Lee, there’s an important correlation budding between emerging markets and bitcoin, the most dominant coin in the cryptocurrency space.” “Both really essentially peaked early …

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The best time to buy a new car is in the fall

Andrey Rudakov | Bloomberg | Getty Images A car dealer assists customers with an Audi A4 automobile at an Audi AG showroom in Moscow, Aug. 2, 2014. The best time of year to buy a new car is the fall. “Coming into the fall is a really important time for …

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Elon Musk sent this e-mail to employees abandoning take-private plan

Jeff Vespa | WireImage | Getty Images Tesla Motors CEO Elon Musk arrives at ‘Revenge Of The Electric Car’ Premiere held at Landmark Nuart Theatre on October 21, 2011 in Los Angeles, California.  Tesla will remain a publicly traded company, CEO and chairman Elon Musk said late Friday, just weeks …

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United Continental moves to Nasdaq

Laser1987 | iStock Editorial | Getty Images Los Angeles, CA, USA – Jan 02, 2016: United Airlines Boeing 757-200 taking off at Los Angeles International Airport. United Continental is moving its stock to the Nasdaq. The airline company said in a press release after the bell Friday that it is …

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Foot Locker shares tumbles 12% after sales miss estimates

Patrick T. Fallon | Bloomberg | Getty Images Customers walk with Foot Locker shopping bags on the Third Street Promenade in Santa Monica, California. Shares of Foot Locker were down 12 percent on Friday, the stock’s worst day in a year, after the company posted weaker than expected sales for …

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Facebook’s Instagram testing college community feature

Screenshot from Instagram A new Instagram feature lets users join a college-based “community” to connect with other students.  Instagram has become Facebook’s way to attract younger users. It’s spent a lot of time mimicking popular features from its main rival Snapchat, including adding features like Stories and longer videos through …

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Cigna, Express Scripts shareholders vote to approve merger

Brendan McDermid | Reuters David Cordani, president and CEO of CIGNA Corp., appears on CNBC at the New York Stock Exchange, in New York, March 8, 2018. Cigna and Express Scripts shareholders have approved their merger, rebuking activist investor Carl Icahn and continuing the rapid consolidation in the health-care industry, …

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As S&P 500 hits record highs, one-fifth of its stocks are still in a bear market

One of those stocks, Twitter, may soon break out from the rest, according to Mark Newton, technical analyst at Newton Advisors. “A lot of it has to do with just the near-term progress,” Newton told CNBC’s “Trading Nation” on Thursday. “The stock had had a very severe pullback over the …

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