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Monthly Archives: January 2019

Parliament set to decide outcome of May’s withdrawal deal

Presently, the range of potential outcomes include: a May resignation, a vote of no confidence in the government, a general election, a second referendum on EU membership, a temporary stop on Britain’s withdrawal, or possibly even some sort of combination of all the above. “If anything, the events of the …

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Goldman raises gold forecast for 2019 on recession fears, Fed uncertainty

Chris Ratcliffe | Bloomberg | Getty Images Canadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Goldman Sachs has found the safe haven gold more attractive after a volatile December. …

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Netflix shares rise after hours on upgrade by UBS

Jason Alden | Bloomberg | Getty Images A selection of Netflix original content sits displayed in the Netflix app on an Apple iPad tablet device in this arranged photograph in London. Shares of Netflix rose 1.5 percent in after-hours trading Thursday after an analyst at UBS upgraded the video-streaming giant. …

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Netflix, Activision Blizzard and more

Jason Alden | Bloomberg | Getty Images A selection of Netflix original content sits displayed in the Netflix app on an Apple iPad tablet device in this arranged photograph in London. Check out the companies making headlines after the bell: Netflix shares rose more than 1.5 percent after UBS upgraded …

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Activision shares tank after split with Destiny game studio Bungie

Chesnot | Getty Images Gamers play the video game ‘Destiny 2’ developed by Bungie Studios and published by Activision during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Video games publisher Activision saw its stock fall around 7 percent in after-market hours on Thursday after the company …

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Apple’s big bet on privacy has risks

John Gress | Reuters Tim Cook, Chief Executive Officer of Apple Inc., takes a selfie with a customer and her iPhone as he visits the Apple Store in Chicago, Illinois, U.S., March 27, 2018. Apple ramped up its efforts this week to differentiate its business on the basis of privacy …

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Trump’s pollster and ex-Manafort associate reportedly met with Mueller

Getty Images Special counsel Robert Mueller (2nd L) leaves after a closed meeting with members of the Senate Judiciary Committee June 21, 2017 at the Capitol in Washington, DC. Special counsel Robert Mueller’s investigators met last year with a pollster who worked on Donald Trump’s 2016 presidential campaign and is …

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Grounded new planes, routes, safety inspections

Michael S. Williamson | The Washington Post | Getty Images As an airliner prepares to land, a bird takes off at the Gravelly Point park that’s just off the end of the runway near Reagan National Airport. Airlines can’t get federal officials to sign off on new planes and routes …

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Fed Chief Jerome Powell says Apple’s iPhone sales warning shows China economy is slowing

Mark Wilson | Getty Images Federal Reserve Board Chairman Jerome Powell speaks during a news conference on December 19, 2018 in Washington, DC. The US Federal Reserve raised the short-term interest rates by a quarter percentage point on Wednesday, the fourth increase of the year, and signaled two more hikes …

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MGM Resorts rises on report of Starboard Value stake

Chris Goodney | Bloomberg | Getty Images Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP. Shares of MGM Resorts rose on Thursday after a report that activist hedge fund Starboard Value has built a stake in the company. Two people familiar with the matter told …

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