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Monthly Archives: January 2019

Microsoft, Kroger take on Amazon with futuristic grocery store pilot

Stephen Brashear | Getty Images Microsoft CEO Satya Nadella smiles during the question and answer portion of the Microsoft Annual Shareholders Meeting in Bellevue, Wash., on Nov. 28, 2018. Microsoft and Kroger are taking on Amazon’s cashierless stores with their own futuristic grocery store pilot. The move deepens the partnership …

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Bridgewater’s Pure Alpha fund posts nearly 15 percent gain in 2018

J. Countess | Getty Images Ray Dalio, founder of investment firm Bridgewater Associates Bridgewater, the world’s largest hedge fund, posted returns for 2018 that not only outperformed benchmark indexes for various asset classes, but also many of its peers. The firm’s flagship Pure Alpha fund finished the year returning 14.6 …

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Government shutdown becomes the third-longest ever

Alex Edelman | AFP | Getty Images GP: House Speaker Nancy Pelosi (2nd-R), D-CA, Senate Minority Leader Chuck Schumer (2nd-L), D-NY, Rep. Steny Hoyer (L), D-MD, and Senator Dick Durbin (R), D-IL, exit the White House after meeting with US president Donald Trump to discuss the partial government shutdown, January …

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Three options strategies for the week: January 7, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth recommends buying Gold Shares calls and Verizon. Mike Khouw recommends an April call spread in Verizon. Dan Nathan recommends a July call spread in Intel. Trader disclosure: Dan Nathan is long FB Jan / …

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Netflix wins big at the Golden Globes

Robyn Beck | AFP | Getty Images Netflix CEO Reed Hastings gives a keynote address, January 6, 2016 at the CES 2016 Consumer Electronics Show in Las Vegas, Nevada. Netflix raked in five Golden Globes Sunday night, proving its investment in original content is paying off in critical acclaim. The …

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Nissan’s executive Munoz takes leave of absence in wake of Ghosn arrest

Tomohiro Ohsumi | Getty Images News | Getty Images Pedestrians walk in front of a monitor showing an image of former Nissan Motor Co. Chairman Carlos Ghosn in a news program on December 10, 2018 in Tokyo, Japan.  A senior executive of Nissan Motor, Jose Munoz, has taken a leave of …

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Trump’s asking for a recession if ‘he doesn’t resolve China,’ strategist says

Jim Young | Reuters President Donald Trump leads a Cabinet meeting on day 12 of the partial U.S. government shutdown at the White House in Washington, U.S., January 2, 2019. “If (Trump) doesn’t resolve China, he is asking for a recession, I think that’s a given because you can’t have …

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Trump drums up support for border wall with Tweet storms

Carlos Barria | Reuters President Donald Trump speaks to reporters about border security in the Briefing Room at the White House in Washington, U.S., January 3, 2019. Since first threatening a government shutdown last month in his battle with Congress over border wall funding, President Donald Trump has leaned heavily …

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What companies Wall Street bankers think Apple should buy

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 has a growth problem. With no game-changing product on the horizon (that we know of), …

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2-factor authentication may be hackable, expert says

CNBC This code shows a session cookie, which Kevin Mitnick, the chief hacking officer at KnowBe4, a cybersecurity company that trains people to spot phishing, or spoofed emails, says can be used to bypass two-factor authentication. Mitnick showed CNBC that he was able to enter that code into his browser. …

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