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Monthly Archives: September 2018

GoPro surges after Oppenheimer upgrade

David Paul Morris | Bloomberg | Getty Images Nick Woodman, founder and chief executive officer of GoPro Inc. GoPro surged Wednesday after Oppenheimer upgraded the “overlooked” stock, saying the company’s turnaround efforts make it “worth a second look.” The firm had already published a bullish report last week, but Oppenheimer …

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‘He is just looking for attention’

Nicholas Kamm | AFP | Getty Images President Donald Trump speaks after a bilateral meeting in New York on September 24, 2018, a day before the start of the General Debate of the 73rd session of the General Assembly.  President Donald Trump slammed the lawyer Michael Avenatti in a post …

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Daimler names Kaellenius as CEO from 2019, Zetsche to become chairman

Fabrice Coffrini | AFP | Getty Images CEO of German carmaker Daimler and Mercedes-Benz, Dieter Zetsche. Daimler AG on Wednesday named Swede Ola Kaellenius as its next chief executive as part of a succession plan which also seeks to install current CEO Dieter Zetsche as a back-seat driver. Daimler said …

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Facebook’s charts have entered the dreaded death cross

Facebook has flashed a technical warning sign. Its shares entered a death cross last week, meaning its 50-day moving average moved below its 200-day moving average. The technical sign warns of a rapid decline in stock price relative to longer-term performance. Its steep drop over the past two months has …

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Read the full statement from Brett Kavanaugh accuser Julie Swetnick

Mario Tama | Getty Images Michael Avenatti, attorney for Stephanie Clifford, also known as adult film actress Stormy Daniels, speaks to reporters as he leaves the U.S. District Court for the Central District of California on September 24, 2018 in Los Angeles, California. Avenatti claims to have information pertaining to …

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Google changes Chrome browser in response to privacy advocate critics

Beck Diefenbach | Reuters Google CEO Sundar Pichai takes the stage during the presentation of new Google hardware in San Francisco on Oct. 4, 2016. Google is making changes to its popular Chrome browser in response to criticism from privacy advocates. The company came under fire earlier this week because …

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Tariffs cost Ford $1 billion in profit and hurt sales in China

Luke Sharrett | Bloomberg | Getty Images An employee works on a Ford Expedition sports utility vehicle on the assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky. President Donald Trump’s tariffs are hitting Ford’s finances hard. The second-largest U.S. automaker has suffered $1 billion in lost profits …

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Brett Kavanaugh provides high school calendar to Judiciary Committee

Matt McClain | The Washington Post | Getty Images President Donald Trump’s nominee for the Supreme Court, Brett Kavanaugh President Donald Trump’s Supreme Court nominee Brett Kavanaugh has categorically denied an allegation of sexual assault from his high school years — and has submitted pages from his 1982 calendar as …

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Facebook, Messenger Stories hit 300 million daily active users

Stephen Lam | Reuters Facebook CEO Mark Zuckerberg speaks at Facebook Inc’s annual F8 developers conference in San Jose, California, May 1, 2018. It’s not just Instagram Stories that Snapchat has to worry about. Facebook and Messenger Stories now have 300 million daily active users, the company announced Wednesday. A …

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Government crackdown on data privacy will leave some winners and losers in its wake

Jabin Botsford | The Washington Post | Getty Images From left Amazon founder Jeff Bezos, Alphabet CEO Larry Page, and Facebook COO Sheryl Sandberg listen during a meeting with technology industry leaders at Trump Tower in New York, NY on Wednesday, Dec. 14, 2016. Six major internet companies and internet-service …

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