Matt Staver | Bloomberg | Getty Images Ground operations employees prepare to unload baggage from a Frontier Airlines plane at Denver International Airport (DIA) in Denver, Colorado. Low-cost carrier Frontier Airlines, which charges passengers for advanced seat assignments and carry-on luggage, is trying a new tack to attract travelers: lowering …
Read More »Monthly Archives: September 2018
Morgan Stanley says buy Amazon shares due to its big grocery opportunity
Alex Wong | Getty Images Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland. Morgan Stanley is optimistic over Amazon’s strategy to build out more physical …
Read More »Trump identifies Korean War soldiers’ remains returned by North Korea
U.S. Air Force photo Members of the United Nations Command Honor Guard move dignified transfer cases from one C-17 Globemaster III to another during a repatriation ceremony at Osan Air Base, Republic of Korea, Aug. 1, 2018. On the ground to verify the transition of the remains was Dr. John …
Read More »Too many global currency values are falling
External debt are the funds a nation, and its businesses and citizens, owe to lenders outside the home country. Using sources like the World Bank, the IMF and Wikipedia, one is able to develop a rough estimate of the external debt of 205 countries. If the estimates are correct, these …
Read More »Comcast expects Fox/Disney to raise its offer for Sky: sources
David A. Grogan | CNBC Brian Roberts, CEO, Comcast, speaks with Jim Cramer, on CNBC’s “Mad Money” from Philadelphia, September 6, 2018. Comcast expects its rivals at Disney and Fox will force them to bump their bid, likely by billions of dollars, in the coming one-day auction for British satellite …
Read More »FDA chief Gottlieb worries about teens using marijuana
David A. Grogan | CNBC Scott Gottlieb, Commissioner of the Food and Drug Administration, speaking at the CNBC Healthy Returns Conference in New York on March 28th, 2018. Marijuana legalization is making pot look safe to use and easier for teens to get, and that worries Food and Drug Administration …
Read More »Eventbrite (EB) IPO: Stock starts trading
Brendan McDermid | Reuters Eventbrite CEO Julia Hartz (C) and her husband Kevin Hartz, Co-Founder and Chairman of Eventbrite ring the opening bell at the New York Stock Exchange, September 20, 2018. Online ticketing company Eventbrite soared as much as 60 percent on its first day of trading on the …
Read More »Pot company Aurora Cannabis reportedly planning U.S. stock listing next month
Jason Franson | Bloomberg | Getty Images An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. The Canadian pot stocks frenzy for more dual-listed companies may expand in October. An Aurora Cannabis executive told the Financial Post Tuesday …
Read More »Wells Fargo denies it asked Gary Cohn to replace chief Tim Sloan
Getty Images CEO and President of Wells Fargo & Company Timothy Sloan testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee October 3, 2017 on Capitol Hill in Washington, DC. Wells Fargo fired back at a report that the bank had approached former Goldman Sachs executive Gary …
Read More »$168 billion has been wiped off amid trade war
Qilai Shen | Bloomberg | Getty Images A pedestrian walks past Tencent Holdings Ltd.’s new under construction headquarters in Shenzhen, China; Baidu, Alibaba and Tencent, also known as the BATs, are China’s tech superstars. After these stocks had a solid run in 2017, market watchers expected them to challenge the …
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