Home / 2017 / December (page 40)

Monthly Archives: December 2017

Argentine judge seeks arrest of ex-president Fernandez

EITAN ABRAMOVICH | AFP | Getty Images Argentinian former President (2007-2015) Cristina Kirchner delivers a speech during a rally in Buenos Aires on June 20, 2017. A federal judge in Argentina indicted and asked for the arrest of former President Cristina Fernandez for trying to cover up Iran’s possible role …

Read More »

Biotech stocks are at a critical juncture, strategist says

Biotech stocks have lagged recently, as the Nasdaq biotech ETF, the IBB, has declined for three-straight sessions and is down more than 10 percent from its October high. On a technical level, the group’s charts concern Miller Tabak equity strategist Matt Maley. Here’s why: • On Wednesday, the ETF broke …

Read More »

A colossal fusion project just hit a big milestone

Anne-Christine Poujoulat | AFP | Getty Images This picture, from October 2016, shows construction work on the ITER facility in the south of France. A vast project to prove that fusion power is sustainable and can be generated on a commercial scale is now 50 percent complete, it has been …

Read More »

Merkel could be ready to lead a minority German government, minister says

Maurizio Gambarini | Anadolu Agency | Getty Images Chancellor of Germany Angela Merkel attends a press conference in the Chancellery in Berlin, Germany on July 05, 2017. Nonetheless, the SPD is holding a three-day congress this week and will ask members’ permission to start coalition talks with the Conservatives. A …

Read More »

Valve’s Steam drops bitcoin support, cites high fees, volatility

Ethan Miller | Getty Images Gabe Newell, right, co-founder of video game developer and distributor Valve. Gamers can no longer pay with bitcoin on the gaming platform Steam. Steam, which is owned by developer Valve Corporation, said in a blog post Wednesday that it could no longer support the virtual …

Read More »

Alibaba to cooperate with Ford Motor for new retail opportunities

Justin Chin | Bloomberg | Getty Images Signage for Alibaba Group is displayed at the company’s offices in Hong Kong, China, on Thursday, May 5, 2016. China’s e-commerce giant Alibaba said on Thursday it signed an agreement with Ford Motor on strategic cooperation to jointly explore areas such as connectivity, …

Read More »

Tax reform will fill shareholders’ pockets but hit the middle classes, ex-US commerce secretary says

Daniel Acker | Bloomberg | Getty Images Penny Pritzker, former U.S. secretary of commerce, at the Internet & Television Expo in Chicago, Illinois on May 7, 2015. According to the ex-commerce secretary, corporate tax reform is crucial to increasing the competitiveness of U.S. businesses, but the current plan fails to …

Read More »

Lawsuit sets stage for long legal battle over US consumer watchdog

Joshua Roberts | Reuters Office of Management and Budget (OMB) Director Mick Mulvaney arrives to speak to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he began work earlier in the day after being named acting director by U.S. President Donald Trump in Washington November 27, 2017. …

Read More »

Trump Jerusalem decision not in U.S. best interest, says Nick Burns

Mandel Ngan | AFP | Getty Images President Donald Trump holds up a signed proclamation after he delivered a statement on Jerusalem from the Diplomatic Reception Room of the White House in Washington, DC on December 6, 2017. He told “Power Lunch” Trump’s move “undercuts every American president” since President …

Read More »

Singapore Airlines rerouted flights to avoid North Korean missiles

studioEAST | Getty Images An Singapore Airlines passenger plane taxis down the runway at Hong Kong International Airport, on 23 Oct. 2017. Singapore Airlines, one of the world’s top ranked carriers, has taken measures to reroute some flights in response to North Korea’s missile tests, Channel NewsAsia reported. The change …

Read More »