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Monthly Archives: February 2019

Tesla begins Model 3 delivery in China ahead of schedule

Mason Trinca | The Washington Post | Getty Images A Tesla Model 3 is seen in the general assembly line at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, …

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FDA head says federal government may take action if states don’t adjust lax vaccine exemption laws

Rachel La Corte | AP Opponents to efforts to remove philosophical exemptions from school-vaccine requirements rally outside the Washington Capitol, in Olympia, Wash., Wednesday, Feb. 20,2019. In Oregon, state Rep. Mitch Greenlick will propose a bill that would eliminate all non-medical exemptions for vaccines, according to the Willamette Week. Greenlick’s …

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Pinterest files confidentially for IPO

Patrick T. Fallon | Bloomberg | Getty Images Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Pinterest has confidentially filed for an IPO, and is looking for a valuation of at least $12 billion, The Wall Street Journal reported Thursday. Pinterest is one of several tech companies expected …

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The best-performing hedge funds are buying Yelp, Adobe and these other stocks

In the hedge fund industry, much of the attention is given to big names such as David Einhorn and Bill Ackman, but some smaller, lesser-known fund managers have been better at picking stocks over the years. Here’s what they are betting on next. CNBC used Symmetric.io, a hedge-fund tracking firm, …

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Mark Harris calls for new election in North Carolina 9th District

David T. Foster III | Charlotte Observer | Tribune News Service | Getty Images Republican NC-9th District Congressional candidate Mark Harris answers questions at a news conference at the Matthews Town Hall on Wednesday, Nov. 7, 2018, in Matthews, N.C. Republican Mark Harris called for a new election Thursday in …

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Nike, Coca-Cola, Cheesecake Factory & more

Chuck Liddy | Tribune News Service | Getty Images Duke forward Zion Williamson holds his knee after injuring himself and damaging his shoe during the opening moments of the game in the first half on Wednesday, Feb. 20, 2019, at Cameron Indoor Stadium in Durham, N.C. Check out the companies …

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Mid-Atlantic factory activity slips into contraction for the first time since May 2016

Paul Taggart | Bloomberg | Getty Images An employee welds a specialized metal product in the shop at the Amuneal Manufacturing plant in Philadelphia, Pennsylvania. U.S. Mid-Atlantic factory activity fell into contraction territory in February for the first time since May 2016, amid trade tension between China and the United …

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Bad bunch of economic data is not good news for stocks with the Fed already on hold

Economists definitely see a slowing economy, and on Thursday JP Morgan economists cut their forecasts for first quarter growth to 1.5 percent, on top of a lowered 1.4 percent for the fourth quarter. Many economists still see growth holding just above 2 percent. But one problem is that the government’s …

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Ex-Trump campaign boss Paul Manafort to be sentenced in Virginia March 8

Andrew Harrer | Bloomberg | Getty Images Paul Manafort, former campaign manager for Donald Trump, walks out of the U.S. Courthouse after a bond hearing in Washington, D.C., Nov. 6, 2017. Paul Manafort, the former chairman of President Donald Trump’s 2016 campaign, will be sentenced for multiple crimes in Virginia …

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‘We would be buyers’ if Nike stock drops on Duke shoe malfunction

Streeter Lecka | Getty Images A detailed view of the shoe worn by Zion Williamson #1 of the Duke Blue Devils against the North Carolina Tar Heels during their game at Cameron Indoor Stadium on February 20, 2019 in Durham, North Carolina. Investors seem to be keeping cool heads over …

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