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Monthly Archives: December 2017

Australia to probe Facebook, Google over media disruption

Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at the 2017 Facebook’s F8 Developer Conference Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook and Alphabet’s Google had disrupted the news media to the detriment of publishers and consumers. Like …

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Bitcoin hits all-time high above $11,700 as recovery accelerates

In a massive rebound from a 20 percent plunge last week, bitcoin surged Sunday to a record high above $11,700. The digital currency hit an all-time high of $11,773.83, up 8 percent on the day, according to CoinDesk. That’s 30.5 percent, or nearly $2,753, from a low of $9,021.85 hit …

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Dow 25K could happen by the end of the year, says Ralph Acampora

Friday’s market selloff does little to change the fact that more record highs are still ahead for the Dow, said top market technician Ralph Acampora, who sees the Dow rallying close to 25,000 by the end of the year. Late last week, stocks came under pressure, with all three major …

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Trump suggests 20 percent corporate tax rate may not be ironclad

Getty Images President Donald Trump speaks to the media as Senate Majority Leader Mitch McConnell (L), R-KY, and Speaker of the House Paul Ryan, R-WI, look on during a meeting with congressional leadership in the Roosevelt Room at the White House on November 28, 2017 in Washington, DC. President Donald …

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Dianne Feinstein says Senate probing obstruction of justice vs Trump

Aaron P. Bernstein | Reuters Senator Dianne Feinstein (D-CA) asks questions during former FBI Director James Comey’s appearance before a Senate Intelligence Committee hearing on Russia’s alleged interference in the 2016 U.S. presidential election on Capitol Hill in Washington, June 8, 2017. California Senator Dianne Feinstein said that a Senate …

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Germany’s far-right AfD chooses nationalist Alexander Gauland as co-leader

Alexander Koerner | Getty Images Alexander Gauland of the right-wing Alternative for Germany (AfD) speaks during his election speech as co-chairman during the AfD federal congress at the Hannover Congress Centrum (HCC) on December 2, 2017 in Hanover, Germany. Members of the anti-immigrant Alternative for Germany (AfD) party elected a …

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Greece, lenders reach deal on reforms under bailout review

Yiannis Kourtoglou | Reuters Greek Finance Minister Euclid Tsakalotos holds a draft of a reform bill at a parliamentary session in Athens, July 22, 2015. Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Athens needs to roll out under its bailout program, a move …

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Trump says Michael Flynn’s actions during transition were ‘lawful’ and ‘there was nothing to hide’

Getty Images President Donald Trump speaks about tax reform at the St. Charles Convention Center on November 29, 2017 in St. Charles, Missouri. U.S. President Donald Trump defended his disgraced former national security adviser Michael Flynn on Saturday, saying that the basis of a special prosecutor’s actions against the former …

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Houston Astros owner was ridiculed for his plan to turn the team around—now they’re World Series champions

Getty Images Alex Bregman #2 and Jose Altuve #27 of the Houston Astros celebrate after defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. “We were in the dark ages. We were still …

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UK cyber agency targets Kaspersky in warning on Russian software

Sergei Savostyanov | TASS | Getty Images The headquarters of the Russian cybersecurity company Kaspersky Lab in Moscow, Russia on Oct. 2, 2017. Britain’s main cyber security agency on Friday warned British government agencies to avoid using anti-virus software from Russian companies, the latest in a series of moves targeting …

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