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Monthly Archives: September 2018

Economy shielding stocks from Trump trade war 

Oliver Contreras | Getty Images News | Getty Images President Donald Trump gestures during the Hispanic Heritage Month Celebration in the East Room of the White House on September 17, 2018 in Washington, DC. President Trump hosted the event to celebrate the heritage month with Hispanic leaders.  If those “fantastic …

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Ted Cruz leads Beto O’Rourke by 9 points in Senate race: Quinnipiac

Justin Sullivan | Getty Images Sen. Ted Cruz (R-TX) speaks at the NRA-ILA Leadership Forum during the NRA Annual Meeting & Exhibits on May 4, 2018 in Dallas, Texas. Sen. Ted Cruz finally got some good news in the Texas Senate race. The incumbent Republican holds a 9 percentage point …

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Cohn sees Trump working with Dems on trillion-dollar infrastructure 

Former White House economic advisor Gary Cohn said President Donald Trump will work with Congress to pass a massive debt-fueled infrastructure bill if Democrats take control of the House of Representatives in November. “If the Democrats win the House I will be shocked if the first thing they don’t do …

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Trump to visit North Carolina in the wake of Hurricane Florence

Ricky Carioti | The Washington Post | Getty Images A bicyclist rides through a flooded South Water Street as Hurricane Florence makes landfall on September 14, 2018 in Wilmington, NC. President Donald Trump on Wednesday will travel to North Carolina in the aftermath of the massive flooding and destruction caused …

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Pot stock Aurora says there’s no deal with Coke, but shares are up

Jason Franson  | Bloomberg | Getty Images Employees tend to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Aurora CEO Terry Booth and his business partner Steve Dobler are the largest individual holders of Canada’s second-largest marijuana firm, with a combined …

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Tesla stock drops on report company faces US criminal probe over Musk statements

Peter Parks | AFP | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Tesla shares dropped almost 5 percent after Bloomberg News reported that the company is facing a criminal probe over CEO Elon Musk’s tweets about taking the company private. Musk tweeted on Aug. 7 …

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Shorting cannabis stocks is getting costly

James MacDonald | Bloomberg | Getty Images An employee checks nearly matured medical marijuana plants in a climate controlled growing room at the Tweed Inc. facility in Smith Falls, Ontario, Canada, on Nov. 11, 2015.  Betting against cannabis stocks has come with large losses and big fees this summer. A …

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Look for a Kaepernick sales ‘bump’ in Nike’s earnings next week

Angela Weiss | AFP | Getty Images A Nike Ad featuring American football quarterback Colin Kaepernick is on diplay September 8, 2018 in New York City. – Nike’s new ad campaign featuring Kaepernick, the American football player turned activist against police violence, takes a strong stance on a divisive issue …

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Salesforce starts competing with Microsoft PowerPoint

David Paul Morris | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018.  Microsoft’s widely used PowerPoint software for creating slide presentations has some new competition from a familiar rival: Salesforce. Salesforce’s Quip business, which already …

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Apple’s Tim Cook explains expensive prices of iPhone XS and XS Max

Stephen Lam | Reuters Tim Cook, CEO of Apple, speaks on stage for the start of an Apple Inc product launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018.  Apple CEO Tim Cook defended the highest-priced new iPhones, telling ABC’s “Good Morning America” that “it’s the …

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