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Monthly Archives: February 2019

US House lawmaker faults FDA chief for lax oversight of teen vaping

Toya Sarno | Bloomberg | Getty Images Scott Gottlieb, commissioner of the Food and Drug Administration (FDA) listens during a House Oversight and Investigations Subcommittee hearing in Washington, D.C., U.S., on Thursday, March 8, 2018. U.S. Rep. Nita Lowey criticized Food and Drug Administration Commissioner Scott Gottlieb for delaying a …

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Fitbit shares plunge on weak first-quarter guidance

Michael Nagle | Bloomberg | Getty Images James Park, chief executive officer of Fitbit Inc. Fitbit shares plunged in extended trading after the maker of wearable fitness devices provided a weaker-than-expected forecast. The shares sank another 12 percent after hours to $6.08. Fitbit said sales in the first quarter will …

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India-Pakistan online war includes hacks, social media

Mukhtar Khan | AP An Indian army solider walks past the wreckage of an Indian aircraft after it crashed in Budgam area, outskirts of Srinagar, Indian controlled Kashmir, Wednesday, Feb.27, 2019. A decades-long conflict between India and Pakistan has escalated this week, with India reporting airstrikes against Pakistan. Both are …

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Cohen brings Trump’s net worth statements at hearing. How to read them

jrwasserman | Getty Images Many people are aware of common ways to reduce taxable income, such as increasing 401(k) contributions. In order to get a full view of someone’s wealth and income, you’d need additional documents, including cash flow statements and income tax returns. “A balance sheet can show that …

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India and Pakistan crisis threatens U.S. interests

Yawar Nazir | Getty Images Indian government and military forces attend to the scene of a crashed Indian Air Force aircraft on February 27, 2019 in Budgam west of Srinagar, the summer capital of Indian administered Kashmir, India. As the world’s largest democracy gears up for a national election, India …

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Amazon backs out of Rainier Square tower in Seattle: Geekwire

Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Amazon is cutting back on its expansion plans in its hometown of Seattle, …

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China-sensitive stocks tumble as U.S. trade rep says he wants a tough deal

Stocks sensitive to trade with China fell hard as U.S. Trade Representative Robert Lighthizer told Congress he is looking for a tough deal with China that will include enforcement and be bigger than just an increase in Chinese imports of U.S. goods. The stock market was broadly lower but some …

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Trump schedules joint agreement signing ceremony with North Korea’s Kim

Saul Loeb | AFP | Getty Images US President Donald Trump (2nd L) and North Korea’s leader Kim Jong Un arrive for a meeting at the Sofitel Legend Metropole hotel in Hanoi on February 27, 2019. President Donald Trump will participate a “joint agreement signing ceremony” with North Korean leader …

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Mattel is going to make a View-Master movie

Getty Images Three generations of a View-Master ‘3-D Viewer’ are seen displayed in this photograph from Fisher-Price. With more than one billion View-Masters sold, Fisher-Price, a subsidiary of Mattel, is celebrating the 65th anniversary of the ‘3-D Stereoscopic Photography Viewer’ this year. Mattel is bringing another classic toy property to …

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Best Buy, IMAX, Campbell Soup, Mylan & more

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on February 5, 2018 in New York City. Check out the companies making headlines midday Wednesday: Lowe’s — Shares of Lowe’s rose 1.5 percent after reporting a strong fourth-quarter …

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