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Monthly Archives: September 2018

Twitter permanently bans Alex Jones and Infowars accounts

Andrew Harrer | Bloomberg | Getty Images Alex Jones of Infowars, conducts a news conference outside a Senate (Select) Intelligence Committee hearing in Dirksen Building where Sheryl Sandberg, Facebook COO, and Jack Dorsey, Twitter CEO, were testifying on the influence of foreign operations on social media on September 5, 2018.  …

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Facebook is having one of its worst quarters since going public

Facebook shares have taken a massive hit recently, and one technical analyst is betting on more trouble ahead. Shares of the social media company fell nearly 3 percent on Thursday, bringing its quarter-to-date losses to a whopping 16 percent; that places Facebook on track for its largest quarterly loss since …

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Nike’s Colin Kaepernick ad is the ‘gangster genius brand move of 2018’

Justin Sullivan | Getty Images A billboard featuring former San Francisco 49ers quaterback Colin Kaepernick is displayed on the roof of the Nike Store on September 5, 2018 in San Francisco, California.  Nike’s decision to feature former NFL quarterback Colin Kaepernick in the 30th anniversary “Just Do It” campaign was …

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Twitter sheds another 6% following CEO Jack Dorsey’s testimony

Drew Angerer | Getty Images Twitter chief executive officer Jack Dorsey testifies during a Senate Intelligence Committee hearing concerning foreign influence in use of social media platforms, on Capitol Hill, September 5, 2018 in Washington, DC.  Shares of Twitter shed another 6 percent Thursday, adding to the stock’s 6 percent …

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Citigroup is combining a pair of its Wall Street businesses

Bryan van der Beek | Bloomberg | Getty Images Jamie Forese, President of Citigroup Inc. and head of the institutional clients group, speaks at the Milken Institute Asia Summit in Singapore, on Friday, Sept. 19, 2014. Chief executive officers, senior government officials and leading figures in the global capital markets …

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United joins other airlines in ditching plastic straws

Gary Hershorn | Corbis News | Getty Images A United Airlines airplane takes off at San Francisco International Airport in San Francisco, California.  United Airlines is the latest airline to ditch plastic straws and cocktail picks, amid concerns over pollution and wildlife threats caused by disposable plastics. Starting in early …

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Bank of America downgrades Chevron on energy project renewal risk

Luke Sharrett | Bloomberg | Getty Images Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Bank of America Merrill Lynch is getting less optimistic on Chevron shares due …

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Apple-Shazam deal cleared by EU in boost for Apple Music, Siri

Josh Edelson | AFP | Getty Images Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Apple is free to complete its purchase of music identification app Shazam, EU regulators said Thursday, in …

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Wells Fargo shares fall after DOJ reportedly examines potential fraud 

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. The Department of Justice is investigating a banking unit of Wells Fargo after the bank’s review found …

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