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Monthly Archives: February 2019

Facebook changes employee evaluations to add focus on ‘social issues’

Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook on Tuesday night announced it revamped its performance …

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Families ‘crushed’ by GOP, Stacey Abrams will say in SOTU response

Kevin D. Liles | Bloomberg | Getty Images Stacey Abrams, Democratic candidate for governor of Georgia, speaks during an election night watch party in Atlanta, Georgia, on Tuesday, Nov. 6, 2018. Stacey Abrams will say that the hopes of American families are being “crushed” by Republican political leadership in the …

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Disney expects to take a $150 million hit as it cuts ties with Netflix

Marvel Studios Brie Larson as Captain Marvel, the first female superhero lead for Disney’s blockbuster comic book movie business, and ‘the most powerful character’ Marvel has come up with yet, according to the company’s president.  Disney is going to lose $150 million in operating income as it makes the move …

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Mitch McConnell wants Mike Pompeo to consider Kansas Senate run

Kevin Lamarque | Reuters Secretary of State Mike Pompeo speaks after his meeting with U.S. President Donald Trump at the White House in Washington, October 18, 2018.  Mitch McConnell wants Secretary of State Mike Pompeo to consider joining him in the Senate. “I’d sure like for him to think about” …

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Charts show investors ‘can afford to be cautiously optimistic’

Investors can afford to be “cautiously optimistic” at this point in the stock market’s cycle, CNBC’s Jim Cramer said Tuesday after consulting with chartist Rob Moreno. Moreno, the technician behind RightViewTrading.com and Cramer’s colleague at RealMoney.com, sees a convoluted path ahead for stocks. After calling the December bottom, Moreno noticed …

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SNAP, DIS, EA and more

BRYAN R. SMITH | AFP | Getty Images Traders work on the floor during the Snap Inc. IPO at the New York Stock Exchange, March 2, 2017, in New York. Check out the companies making headlines after the bell: Shares of Snap soared as much as 21 percent Tuesday following …

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EA Q3 2019 earnings

Patrick T. Fallon | Bloomberg | Getty Images Andrew Wilson, chief executive officer of Electronic Arts Inc. (EA), speaks during the company’s EA Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017. EA fell more than 10 percent after hours …

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Google no longer considers Microsoft Cortana a competitor

Michael Short | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google In the rapidly growing virtual assistant market, Google is no longer worried about Microsoft Cortana. In its 2018 annual report, which was published on Tuesday, Alphabet tweaked a line about competitors, removing Microsoft while keeping Amazon …

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Disney earnings Q1 2019

Patrick T. Fallon | Bloomberg | Getty Images Bob Iger, chairman and chief executive officer of The Walt Disney Co. Walt Disney Co. is expected to report its first-quarter earnings after the market close Tuesday as the entertainment giant expands its direct-to-consumer offerings amid growing competition from Netflix and other …

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These stocks are expected to be the winners and losers in President Trump’s State of the Union

Infrastructure names could be winners and pharmaceutical stocks losers in President Donald Trump’s State of the Union speech Tuesday night if he goes after two areas where Wall Street strategists expect there might be some bipartisan support. Trump may also tout defense spending, and he may mention progress on trade …

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