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Monthly Archives: October 2018

Al Arabiya op-ed warns of ‘economic disaster’ if US sanctions Saudi Arabia

Jonathan Ernst | Reuters President Donald Trump welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman in the Oval Office at the White House in Washington, U.S. March 20, 2018. Oil prices could surge to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to an opinion piece …

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Tesla produced 7,400 Model 3s in the first two weeks of the quarter

David Paul Morris | Bloomberg | Getty Images Tesla vehicles are transported on a truck after leaving the company’s manufacturing facility in Fremont, California, on Wednesday, June 20, 2018.  Tesla has produced 7,400 Model 3 mid-sized sedans in the first two weeks of the quarter, according to a report in …

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How to see if you were affected by the Facebook hack

Shu Zhang | Reuters Facebook founder and CEO Mark Zuckerberg meets Founder and Executive Chairman of Alibaba Group Jack Ma (not pictured), at the China Development Forum in Beijing, China, March 19, 2016.  Facebook said Friday that it has determined that hackers gained unauthorized access to more than 30 million …

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Stock starts trading on NYSE

Michael Nagle | Bloomberg | Getty Images Frank Calderoni, president and chief executive officer of Anaplan Inc., center, rings the opening bell during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Oct. 12, 2018.  Software company …

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Facebook security breach details

Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  Facebook revealed on Friday that a hack in September …

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Yellen says Fed is being ‘thoroughly sensible’ and not crazy, as Trump says

Carlos Barria | Reuters Federal Reserve Chair Janet Yellen testifies on the U.S. economic outlook, before the Congressional Joint Economic Committee on Capitol Hill, in Washington, D.C., November 29, 2017. Former Federal Reserve Chair Janet Yellen balked at President Donald Trump’s growing attacks on the Fed and expressed confidence in …

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Two Dow stocks, a ‘FANG’ giant to buy amid the tech sector volatility

Technology stocks roared higher Friday as the market’s best-performing sector after posting substantial losses over the two prior sessions. Amid the choppy price action, two leading Wall Street experts recommended which tech names they see as solid bets. Apple and Microsoft, two of the three biggest gainers in the Dow …

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Elon Musk’s Tesla seeks to trademark ‘Teslaquila’ 

David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors An April Fool’s joke may become a reality for billionaire entrepreneur Elon Musk. Tesla’s CEO teased a Tesla-branded tequila earlier this year as part of a rouse on social media. On Monday, …

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Ford sales in China dropped 43 percent in September

JOHANNES EISELE | AFP | Getty Images The Ford Mustang is displayed during the 17th Shanghai International Automobile Industry Exhibition in Shanghai. Ford’s sales in China dropped 43 percent in September from the same month a year earlier, a sign that sales are slowing in the world’s largest car market. …

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Sears has been liquidating outside of bankruptcy for years 

Gregory Bull | AP In this Nov. 17, 2004 file photo, Kmart chairman Edward Lampert listens during a news conference to announce the merger of Kmart and Sears in New York. When Sears Holdings CEO Eddie Lampert merged Sears and Kmart in 2005, he believed that combining two fading giants …

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