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Smith Collection, Gado | Archive Photos | Getty Images Signage at the Silicon Valley headquarters of Japanese multinational conglomerate Hitachi, Santa Clara, California, which is reportedly due to announce Dec. 17, 2018 a plan to buy the Swiss engineering group ABB’s power grid business. ABB is in talks with Japan’s Hitachi about …
Read More »Monthly Archives: December 2018
Get defensive for 2019 as recession fears rise
Michael Nagle | Bloomberg | Getty Images A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Goldman Sachs has mixed confidence about next year’s market and is warning investors to protect themselves with “high quality” stocks, as …
Read More »Amazon to get cut in half? The charts make it look possible
High-momentum FANG stocks have been hammered for months. Facebook, Amazon, Netflix and Google parent Alphabet, the premium tech stocks that led markets to records earlier this year, have plummeted by double digits since October. If the market continues to pull back, one of those names could be setting up for …
Read More »Voters uneasy over Trump probes, question his honesty: NBC-WSJ poll
Jabin Botsford | The Washington Post | Getty Images President Donald J. Trump debates with House Minority Leader Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., as Vice President Mike Pence listens during a meeting in the Oval Office of White House on Tuesday, Dec. 11, 2018 in …
Read More »Nissan creates committee to improve governance after Ghosn arrest
Issei Kato | Reuters Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn’s indictment and re-arrest in Tokyo, Japan December 10, 2018. Nissan has formed a special committee aimed at boosting corporate governance following the arrest of former Chairman Carlos Ghosn. Ghosn …
Read More »Global stock market sell-off not an isolated event
Xinhua News Agency | Getty Images A trader works at the New York Stock Exchange in New York, the United States, Dec. 4, 2018. The latest wave of heavy selling in financial markets is a clear sign of things to come, according to a new report from the world’s oldest …
Read More »Vine, HQ Trivia co-creator Colin Kroll reportedly found dead
Getty Images Honorees Rus Yusupov (L) and Colin Kroll (R) accept the Breakthrough Award for Emerging Technology from rapper Lil Jon (C) onstage at the Variety Breakthrough of the Year Awards during the 2014 International CES at The Las Vegas Hotel & Casino on January 9, 2014 in Las Vegas, …
Read More »Harvard professor Roland Fryer faces reports of sexual harassment
Ramin Talaie | Corbis Historical | Getty Images Harvard University professor Roland Fryer speaks at the Clinton Global Initiative in New York on Sept. 25, 2008. A prominent Harvard University economics professor is being investigated for sexual harassment, according to a new report. Roland G. Fryer Jr., a 2011 MacArthur …
Read More »Turkish Foreign Minister on Gulen extradition
Thomas Urbain | AFP | Getty Images Turkish cleric and opponent to the Erdogan regime, Fethullah Gulen, at his residence in Saylorsburg, Pennsylvania on July 18, 2016. A former ally of President Recep Tayyip Erdogan, Gulen has lived in self-imposed exile in the U.S. for nearly 20 years. He denies …
Read More »Robinhood to re-brand savings account plan after widespread criticism
David Paul Morris | Bloomberg | Getty Images Baiju Bhatt, co-founder and co-chief executive officer of Robinhood Financial LLC, speaks during the TechCrunch Disrupt 2018 summit in San Francisco, California. Financial technology startup Robinhood is re-launching a new savings account plan that came under withering scrutiny from regulators, and drew …
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