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Monthly Archives: November 2017

Apple could put a rear-facing 3-D sensor in its 2019 iPhone, report says

Justin Sullivan | Getty Images The iPhone X is displayed during an Apple special event at the Steve Jobs Theatre on Sept. 12, 2017 in Cupertino, Calif. Apple is exploring a rear-facing 3-D sensor system for the iPhone to be released in 2019, Bloomberg reported on Tuesday citing people familiar …

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S&P says Venezuela has defaulted on its debt

Carlos Garcia Rawlins | Reuters Venezuela’s President Nicolas Maduro gestures as he talks to the media during a news conference at Miraflores Palace in Caracas, Venezuela October 17, 2017. Ratings agency Standard & Poor’s says Venezuela has defaulted on its debt after it failed to make payments due on some …

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Janet Yellen admits the Fed could be confusing the public with its many voices

Getty Images Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference following a meeting of the Federal Open Market Committee September 20, 2017 in Washington, DC. Federal Reserve Chair Janet Yellen said that one of the challenges for the central bank is the multiple members it has and …

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OPEC may expand to include allied oil producers, UAE energy minister Suhail al-Mazroui says

Akos Stiller | Bloomberg | Getty Images Khalid Bin Abdulaziz Al-Falih, Saudi Arabia’s energy minister and president of OPEC, speaks as Alexander Novak, Russia’s energy minister, left, listens during a news conference following the 172nd Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, May 25, 2017. …

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Donald Trump Jr. was privately communicating with WikiLeaks during the election

Getty Images Republican president-elect Donald Trump and his son Donald Trump Jr. embrace after delivering his acceptance speech at the New York Hilton Midtown in the early morning hours of November 9, 2016 in New York City. President Donald Trump’s oldest son on Monday released a series of previously private …

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Value investing giant sells Qualcomm stake within six months of buying

Scott Eells | Bloomberg | Getty Images Seth Klarman, founder of the Baupost Group Value investor Seth Klarman’s Baupost Group hedge fund has eliminated its stake in Qualcomm just two quarters after taking it. Baupost acquired 5.2 million shares of Qualcomm in the first quarter, and sold them all in …

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After a plunge, bitcoin typically soars in next few weeks, data shows

As dramatic as the downturn in bitcoin’s price was over the weekend, history indicates future returns will likely be greater. Bitcoin fell about 20 percent over the weekend before recovering much of its losses. The last four times bitcoin has fallen more than 20 percent this year, it has gained …

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GOP Senate campaign chair calls on senators to expel Moore if he wins special election

Marvin Gentry | Reuters Judge Roy Moore participates in the Mid-Alabama Republican Club’s Veterans Day Program in Vestavia Hills, Alabama, U.S., November 11, 2017. The chairman of the National Republican Senatorial Committee, Sen. Cory Gardner, R-Colo., on Monday called on his fellow senators to expel Alabama Republican Roy Moore, if …

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Trump has shown some ‘flexibility’ on North Korea, says former UN secretary-general

Jonathan Ernst | Reuters President Donald Trump shares a toast during a state dinner hosted by South Korea’s President Moon Jae-in at the Blue House in Seoul, South Korea November 7, 2017. During a speech delivered in South Korea last week, Trump called North Korean leader Kim Jong Un a …

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