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Monthly Archives: January 2019

Earnings season may turn up some stock market winners after December’s battering

After the market’s December meltdown, earnings season could turn up some winners among the rubble, analysts said. What fourth quarter results will do for the market’s rebound from December’s trough is tough to say, given other factors, like trade talks, Washington dysfunction and the UK’s upcoming Brexit vote. But analysts …

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Square head of product Mary Kay Bowman joins Visa

Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Mary Kay Bowman, Head of Product at Square is going to Visa to …

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Tilray soars 23% after Peter Thiel fund says it won’t trim its stake

Adam Jeffery | CNBC Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager. Though there are more than 76 million Tilray shares outstanding, the public markets only have access to 23 percent of the total equity, about 17.8 million shares. Further, of those 17.8 million floating shares, more than …

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Government shutdown ties for longest ever amid border wall fight

The partial U.S. government shutdown entered its 21st day Friday, tying the record for longest lapse in federal funding. The dubious distinction comes on the same day hundreds of thousands of U.S. workers start to miss paychecks. About 800,000 federal employees are either furloughed or temporarily working without pay as …

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Nissan cancels lease on ex-Chairman Ghosn’s Tokyo apartment

Takashi Aoyama | Getty Images Pedestrians walk past a big screen showing images of Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Jan. 8, 2019 in Tokyo, Japan. Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn’s luxury apartment in Tokyo, Ghosn’s legal team said …

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Netflix, Amazon on track to be the best trades of this decade

Netflix and Amazon, the disruptive internet pair loved by Wall Street, could make history if they keep up their stellar performances this year. Barring a major downturn, the two stocks will end up as the best-performing assets of the decade. Since the start of 2010, Netflix has risen more than …

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California Gov Gavin Newsom pledges unemployment benefits to furloughed federal workers

Rich Pedroncelli | AP California Gov. Gavin Newsom presents his first state budget during a news conference, Thursday, Jan. 10, 2019, in Sacramento, Calif. LOS ANGELES — Gov. Gavin Newsom has pledged that California will provide unemployment insurance benefits for furloughed workers impacted by the partial federal government shutdown. “Let …

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Poland arrests Huawei employee over spying allegations

Aly Song | Reuters A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018.  Poland’s counterintelligence agency has arrested an employee of Chinese tech giant Huawei over spying allegations. …

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Retailers are slashing prices across China

Visual China Group | Getty Images A customer shows his iPhone XS Max during the launch of iPhone XS and iPhone XS Max at an Apple store on the Nanjing East Road on September 21, 2018 in Shanghai, China.  Apple’s latest iPhone models are facing huge discounts in China as …

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The passion behind becoming a round-the-world yachtswoman

Chris Ison – PA Images | PA Images | Getty Images Yachtswoman Ellen MacArthur arrives in England after her record breaking finish in the Vendee Globe race.   “I knew then that I wanted to sail around the world. As a kid, that was the goal. I had no idea how …

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