EU News Digest Latest News & Updates
Morgan Stanley equity strategists believe the stock market priced in an earnings recession when it plunged to December’s low, and it is very likely to retest that level. But the strategists, led by Mike Wilson, also say in a note that there is nothing to fear in a potential recession, …
Read More »Monthly Archives: January 2019
Google employees pressure tech companies to end forced arbitration
Toby Melville | Reuters Workers stand outside the Google offices after walking out as part of a global protest over workplace issues, in London, Britain, November 1, 2018. Google employees, who walked out of offices around the world in November in protest of sexual harassment policies, are extending their critiques …
Read More »Bernie Sanders to push $15 minimum wage as he mulls 2020 presidential run
Drew Angerer | Getty Images Sen. Bernie Sanders (D-VT) speaks during a press conference to discuss legislation for a 15 dollar minimum wage, on Capitol Hill, May 25, 2017 in Washington, DC. 31 Democrats have pledged to support the legislation so far. Bernie Sanders plans to reintroduce legislation this week …
Read More »Tesla under pressure as Ford, Nissan and GM roll out new competition
Qilai Shen | Bloomberg | Getty Images GP: Elon Musk, chief executive officer of Tesla Inc., speaks during an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Shares of Tesla tumbled 2.4 percent as manufacturers from Detroit to Japan unveiled new …
Read More »Three options strategies for the week: January 14
The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth and Mike Khouw recommend a put spread in the Financials ETF. Mike Khouw also recommends a call spread in the Energy ETF. Dan Nathan recommends a put spread in Netflix. Trader disclosure: Dan Nathan …
Read More »Chinese court sentences Canadian citizen to death for drug charges
FRED DUFOUR | AFP | Getty Images August 31, 2016: A billboard with a Chinese message that translates as ‘Welcome, Canadian Prime Minister Justin Trudeau for his first official trip in China and to participate at the G20 summit in Hangzhou.” A Canadian man sentenced to 15 years for drug …
Read More »SCOTUS declines gun rights case that challenged Whitaker appointment
Daniel Acker | Bloomberg | Getty Images Matthew Whitaker, acting U.S. attorney general, speaks during the Rural and Tribal Elder Justice Summit in Des Moines, Iowa, U.S., on Wednesday, Nov. 14, 2018. The U.S. Supreme Court said Monday it will not take up a 2nd Amendment case that could have …
Read More »Gymboree reportedly close to bankruptcy, to liquidate all stores
David Paul Morris | Bloomberg | Getty Images Pedestrians walk past a Gymboree store in San Francisco, California. Children’s clothing retailer Gymboree Group is expected to file for bankruptcy protection this week, in what would be its second bankruptcy filing in less than two years, according The Wall Street Journal. …
Read More »Apple iPhone chip supplier Dialog reports early revenue results at low end
Stephen Lam | Reuters A man holds the Apple iPhone XS and XS Max during a product demonstration following the Apple launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Apple supplier Dialog Semiconductor reported early revenue results Monday that came in at the low end …
Read More »Macron launches national debate amid ‘yellow vest’ protests
IAN LANGSDON | AFP | Getty Images French President Emmanuel Macron gestures as he delivers a speech during a traditional Epiphany cake ceremony at the Elysee palace in Paris, on January 11, 2019. French President Emmanuel Macron launched a three-month nationwide debate on Monday, after tens of thousands of anti-government …
Read More »