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Monthly Archives: December 2017

GOOGL, FB, BABA, AVAV, UNH, HD & more

Drew Angerer | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, November 30, 2017 in New York City. Check out which companies are making headlines before the bell: Alphabet — Evercore ISI initiated coverage of …

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Meet CryptoKitties, the new digital beanie babies selling for $100k

“Think breedable Beanie Babies.” So states the FAQ for CryptoKitties, a new game for collecting, breeding and selling digital cats that is so popular, it is clogging up the network of digital currency ethereum. Players have spent the equivalent of $6.7 million and counting buying CryptoKitties, which can sell for …

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Trump would sign bill that funds government through Dec. 22, White House says

Getty Images President Donald Trump delivers remarks during a meeting with Speaker of the House Paul Ryan, Senate Majority Leader Mitch McConnell (R), Chairman of the Senate Finance Committee Orrin Hatch, other members of congress and his administration regarding tax reform in the Roosevelt Room of the White House on …

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Bitcoin blasts past $14,000, less than 24 hours after crossing $12,000

The latest swing higher came as bitcoin topped $12,000 Tuesday night in a rapid recovery from a 20 percent drop last week. The digital currency began the year below $1,000 and its gains have accelerated as investor interest grows. Chicago-based Cboe Global Markets is planning to launch bitcoin futures on …

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Al Qaeda’s arm in north Africa has made 100 million dollars via ransom, drug trade

Issouf Sanogo | AFP | Getty Images Burkina Faso troops stand guard outside Splendid Hotel in Ouagadougou on January 18, 2016 following a jihadist attack by Al-Qaeda-linked gunmen late on January 15. Security forces are hunting for any possible surviving gunmen from the attack claimed by Al-Qaeda in the Islamic …

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Erik Prince says he discussed US-Russia relations with Russian banker in Seychelles

Getty Images Erik Prince, founder of Blackwater USA, arrives to appear before a closed door session of the House Intelligence Committee on Capitol Hill, November 30, 2017 in Washington, DC. Erik Prince, the billionaire founder of Blackwater Worldwide, confirmed Thursday that he met with a Russian banker with close ties …

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H&R Block CEO says a changing tax code has always been good for business

Source: HRB Tax Group, Inc. Jeff Jones, CEO, H&R Block Despite H&R Block reporting a loss in its most recent quarter Wednesday, shares of the tax preparer rallied 10 percent in midday trading after the CEO’s comments about the GOP tax reform bill. “No matter what changes were ultimately made …

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Disney CEO Iger is likely to extend his term beyond 2019 amid possible Fox integration

Patrick T. Fallon | Bloomberg | Getty Images Bob Iger, chairman and chief executive officer of The Walt Disney Co. Disney CEO Bob Iger will likely remain at the company to oversee any potential merging of Disney and Twenty-First Century Fox assets, CNBC has learned. The CEO would likely remain …

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Bitcoin tops $13,000, surging $1,000 in less than 24 hours

Bitcoin climbed above $13,000 Wednesday afternoon after topping $12,000 Tuesday night. The digital currency’s gains accelerated after crossing the psychologically key level. Bitcoin last traded 12.5 percent higher to a record high of $13,158.99, according to CoinDesk. Bitcoin now has a market value of about $220 billion, putting it into …

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Flynn said Russia sanctions would be ‘ripped up’

Saul Loeb | AFP | Getty Images Gen. Michael Flynn(C), former national security adviser to US President Donald Trump, leaves Federal Court in Washington, DC, December 1, 2017. President Donald Trump’s former national security advisor Michael Flynn told a business associate that he would make sure economic sanctions against Russia …

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