Home / 2017 / October (page 23)

Monthly Archives: October 2017

Airbus-Bombardier discussions ‘don’t change our plans’

David Ryder | Bloomberg | Getty Images Employees on a platform next to a Boeing 737 MAX 9 jetliner at the company’s manufacturing facility in Renton, Washington. Boeing’s CEO on Wednesday expressed confidence in the planemaker’s strategy and said the Airbus-Bombardier partnership won’t change the company’s game plan. Last week, …

Read More »

Dynegy shares jump on report it is close to a deal to be bought by Vistra Energy

Daniel Acker | Bloomberg | Getty Images Hennepin Power Plant, owned by Dynegy Inc., stands in Hennepin, Illinois. Power producer Vistra Energy is close to a deal to buying fellow Texas merchant generator Dynegy, the Wall Street Journal reported on Wednesday. Shares of Dynegy jumped more than 17 percent in …

Read More »

‘TRL’ Is Back on MTV, but Undone by the Internet

Over the first three weeks, you could slowly sense Ms. Dhia wresting some semblance of control. She is the most convincing as a host, even though she often appears drained by the spectacle around her, as if she were an elementary schoolteacher watching the class descend into chaos. And there …

Read More »

Overstock.com goes for largest digital coin offer ever at $500 million

George Frey | Bloomberg | Getty Images Patrick M. Byrne, chairman and chief executive officer of Overstock.com Overstock.com’s majority-owned subsidiary tZero plans to raise up to $500 million in what could be the largest initial coin offering ever. Initial coin offerings, or ICOs, are sales of new digital coins for …

Read More »

Eminem’s Publisher Triumphs in New Zealand Copyright Battle

Photo Eminem performing at a music festival in 2012. A political party in New Zealand has been fined for using a sound-alike to his 2002 hit “Lose Yourself.” Credit Chris Pizzello/Associated Press A political party in New Zealand must pay Eminem’s music publisher $413,000 (600,000 New Zealand dollars) for infringing …

Read More »

Chipotle short sellers score more than $250 million on the gift that keeps giving

There is one stock during this explosive bull market working for the shorts. A day after Greenlight Capital’s David Einhorn lamented over his losing in his short positions against Amazon and Tesla, some hedge fund investors are winning big from their bearish bets on Chipotle. Shorting is a trading strategy …

Read More »

Weezer’s Pop-Rock Defies a Hip-Hop World on ‘Pacific Daydream’

Photo Weezer’s “Pacific Daydream” lives up to its title with echoes of the Beach Boys, but also includes allusions to artists from George Harrison to Kanye West. Credit Jeremy Cowart “It’s a hip-hop world,” Rivers Cuomo matter-of-factly laments in “Beach Boys,” the defining song on Weezer’s 11th studio album, “Pacific …

Read More »

Wartime Quilts Honor Battles and Leaders, but Mostly Art

The museum says this is the first exhibition in the United States devoted to wartime quilts made of felted wool, which so far seem to have a low survival rate and are only beginning to be studied. (More may emerge from family attics and arsenal basements in the near future.) …

Read More »

Wall Street strategist Tom Lee recommends risky over-the-counter bitcoin trust

A well-respected Wall Street stock strategist is increasing his bets on bitcoin. Fundstrat’s Tom Lee told clients in a Wednesday report that the Bitcoin Investment Trust, trading under the GBTC ticker, is an “attractive” buy. The move is a risky one for a strategist like Lee. The bitcoin trust is …

Read More »

Fats Domino, 89, One of Rock ’n’ Roll’s First Stars, Is Dead

Photo Mr. Domino performing in 2007 on NBC’s “Today” show. Credit Richard Drew/Associated Press Fats Domino, the New Orleans rhythm-and-blues singer whose two-fisted boogie-woogie piano and nonchalant vocals, heard on dozens of hits, made him one of the biggest stars of the early rock ’n’ roll era, has died in …

Read More »