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Monthly Archives: November 2018

UN ambassador Nikki Haley condemns Russia’s seizure of Ukraine ships

Pavel Rebrov | Reuters Seized Ukrainian ships, small armoured artillery ships and a tug boat, are seen anchored in a port of Kerch, Crimea November 26, 2018.  The action sparked an international outcry, as well as calls for more sanctions against Russia. Tusk tweet But the Kremlin’s foreign ministry blamed …

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Climate change will hurt poor people the most: Federal report

Alvin Baez | Reuters Haydee Mestre looks inside her refrigerator after Hurricane Maria destroyed the town’s bridge and the surrounding areas, in San Lorenzo, Morovis, Puerto Rico, October 5, 2017. Climate change will hit low-income communities the hardest as it takes a toll on the U.S. in general, says a …

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Stocks usually bounce from Thanksgiving to Christmas

Stocks have been getting pummeled lately but they could recover some of those losses over the next month, if market history is any indication. The Dow Jones Industrial Average, S&P 500, Nasdaq 100 and Russell 2000 indexes all typically climb between Thanksgiving and Christmas Eve, according to data from Kensho. …

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GE’s massive debt is ‘critical’ to corporate America

Aly Song | Reuters A man takes a picture of a General Electric (GE) engine during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. How General Electric (GE) resolves its debt problem will be “critical” to the wider Investment …

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CVS, Aetna expect their roughly $69 billion deal to close within days

Cameron Costa | CNBC Larry Merlo, CEO of CVS and Mark Bertolini, CEO of AETNA appear on Squawk Box on Dec. 4th, 2017. CVS Health and Aetna have received the final state approval they need to complete their roughly $69 billion merger and now expect the deal to close “on …

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Apple, Nvidia lead tech bounce after investors head for the exit last week

MANDEL NGAN | AFP | Getty Images Nvidia CEO Jensen Huang speaks at a press conference on Jan. 7, 2018. Technology stocks jumped higher on Monday, scratching back a little after nearly two months of losses as Apple and Nvidia led gains. The five FAANG stocks – Facebook, Amazon, Apple, …

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Treasury yields higher as Wall Street volatility fades

Drew Angerer | Getty Images Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, October 25, 2018 in New York City.  Investors will likely turn attention to political news this week, as the G20 summit kicks off in Argentina and …

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Ukraine’s proposal of martial law adds instability to standoff

REUTERS | Pavel Rebrov A general view shows a road-and-rail bridge, which is constructed to connect the Russian mainland with the Crimean peninsula, at sunrise in the Kerch Strait, Crimea November 26, 2018. Russia’s navy had previously blocked the Kerch Strait — near Russia-annexed Crimea — citing security reasons. This …

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Mitsubishi Motors ousts Ghosn as chairman, follows Nissan’s footsteps

Yuya Shino | Bloomberg | Getty Images Carlos Ghosn, chairman and chief executive officer of Renault and Nissan Motor, left, shakes hands with Osamu Masuko, chairman and chief executive officer of Mitsubishi Motors, at a news conference in Tokyo, on Thursday, Oct. 20, 2016. Mitsubishi said on Monday its board …

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Facebook documents seized by UK parliament ahead of a crucial hearing

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.  Internal Facebook documents have been seized by the British …

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