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Quinn Rooney | Getty Images Prime Minister Scott Morrison addresses the Australia-Israel Chamber of Commerce on March 18, 2019 in Melbourne, Australia. Australian Prime Minister Scott Morrison has called for a global crackdown on social media after footage of last Friday’s mosque attacks in Christchurch, New Zealand was livestreamed on …
Read More »Monthly Archives: March 2019
Golden Gate Ventures, Hanwha planning Southeast Asia investments
Bryan van der Beek | Bloomberg | Getty Images Vinnie Lauria, founding partner at Golden Gate Ventures, speaks on April 13, 2016. Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. The firms …
Read More »Germany is forcing a marriage that may not work
FRANK RUMPENHORST | DPA | Getty Images Picture taken on March 17, 2019 shows the headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt am Main, western Germany. Back in 2007, Deutsche Bank had its own balance sheet of 2 trillion euros ($2.25 trillion) and a market capitalization …
Read More »Deutsche Bank loaned $2 billion to Donald Trump over two decades: NYT
Jonathan Ernst | Reuters President Donald Trump listens to a question as he meets with former hostage Danny Burch, an oil engineer who was taken hostage in Yemen in September 2017, in the Oval Office at the White House in Washington, March 6, 2019. Deutsche Bank loaned more than $2 …
Read More »Elon Musk-backed Thud launches DNA Friend, poking fun at DNA testing
Frederic J. Brown | AFP | Getty Images Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. DNA Friend is a new consumer genetics company that aims to rival 23andMe with its “fastest and freest DNA testing service.” …
Read More »Beto O’Rourke support from big tech could be blessing, curse in 2020
Beto O’Rourke enjoyed strong support from tech industry workers and executives during his ultimately unsuccessful U.S. Senate campaign last year in Texas, which could give the breakout Democratic star a fundraising edge over his primary opponents as he seeks to challenge President Donald Trump in 2020. Yet, it will likely …
Read More »Canada re-examining Boeing Max approval after FAA certification probe
Yuriko Nakao | Getty Images Boeing 737 MAX9 takes part in a flying display over the Le Bourget Airport during the 52nd International Paris Air Show on June 22, 2017, in Paris, France. Transport Canada is re-examining the validation it gave Boeing’s 737 Max jets, following reports of a U.S. …
Read More »Chipmakers are on pace for their best ever start to a year
But, amid investors’ newfound optimism and more encouraging trends in the semiconductor industry, chip stocks have rallied more than 31 percent off of their recent low hit on Dec. 26. The Federal Reserve’s move to pause interest rate hikes has bolstered high-flying growth names like Advanced Micro Devices and Micron. …
Read More »Cboe to stop listing bitcoin futures as interest in crypto trading cools
Jim Young | Bloomberg | Getty Images A trader works in S&P 500 stock index options pit at the Chicago Board Options Exchange (CBOE) in Chicago, Illinois. The major U.S. exchange company that paved the way for bitcoin futures has had a change of heart. Cboe Global Markets, which rolled …
Read More »Facebook, Deutsche Bank, Lumber Liquidators & more
Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Check out the companies making headlines midday Monday: Boeing — Boeing shares slipped more than 2 percent after The Wall Street Journal …
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