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Monthly Archives: January 2019

Facebook’s Sandberg says Zuckerberg should remain CEO, chairman

Reuters Facebook Chief Operating Officer Sheryl Sandberg speaks during an event on the sidelines of the World Economic Forum in Davos, Switzerland January 23, 2019. Facebook’s operations chief said the world’s largest social network needed to earn back public trust and was investing billions of dollars a year to improve …

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TSA officers brace for second missed check as shutdown drags on

Elijah Nouvelage | Reuters Transportation Security Administration (TSA) agents screen passengers at a security checkpoint at Hartsfield-Jackson Atlanta International Airport amid the partial federal government shutdown, in Atlanta, Georgia, U.S., January 18, 2019. Transportation Security Administration officers are bracing for a second missed paycheck, as the partial government shutdown drags …

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Twitter shares fall after 2 new interviews with CEO Dorsey

Anushree Fadnavis | Reuters Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018.  Twitter’s share price fell more than 4 percent on Wednesday after a pair of interviews with CEO Jack Dorsey were published online. …

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What remains of GE after spinoffs could be worth $2 a share

Sebastien Bozon | AFP | Getty Images An employee of General Electric works on a gas turbine at the GE plant in Belfort, France. General Electric has spun off several businesses to generate cash and shrink its footprint but one Wall Street analyst thinks its divestitures may have gone too …

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Shutdown could mean ‘zero’ growth in Q1

Nicholas Kamm | AFP | Getty Images Kevin Hassett, Chairman of the Council of Economic Advisers, speaks during a briefing at the White House in Washington, DC, on September 10, 2018. The chairman of President Donald Trump’s Council of Economic Advisers said Wednesday the United States could post no economic …

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Jamie Dimon predicted bitcoin’s nosedive, but isn’t celebrating it

Adam Galica | CNBC Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. The bitcoin price bubble has burst but JP Morgan Chase’s Jamie Dimon isn’t taking a victory lap. The CEO was among the first and loudest on Wall …

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Apple and Microsoft CEOs seen at Davos dinner with Brazilian president

Jason Alden | Bloomberg | Getty Images Jair Bolsonaro, Brazil’s president, delivers a speech during a special address on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019. Apple CEO Tim Cook and Microsoft CEO Satya Nadella were seen at the same …

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Joe Biden, Kamala Harris top contenders

Tom Williams | CQ-Roll Call Group | Getty Images Vice President Joe Biden talks with Sen. Kamala Harris, D-Calif., center, and her aunt, Dr. Sarala Gopalan, during swearing-in ceremony in the Capitol’s Old Senate Chamber, January 03, 2016. A huge question of the 2020 campaign centers is who former President …

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Alibaba’s Jack Ma suggests technology could result in a new world war

Fabrice Coffrini | AFP | Getty Images Alibaba Group co-founder and executive chairman Jack Ma gestures during a pannel session at the World Economic Forum (WEF) annual meeting, on January 23, 2019 in Davos, eastern Switzerland. Chinese billionaire Jack Ma has warned that technology could lead to a third world …

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Gundlach keeps Twitter account open after activity deemed ‘innocuous’

Patrick T. Fallon | Bloomberg | Getty Images Jeffrey Gundlach, chief executive officer of Doubleline Capital LP Jeffrey Gundlach, one of the world’s best-known hedge fund managers, will not delete his Twitter account after all. In a tweet late Tuesday night, the DoubleLine Capital founder said the company “has concluded …

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