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Monthly Archives: January 2018

Former MLB star A-Rod bets big on real estate, tech and financials

Rob Tringali | SportsChrome | Getty Images Alex Rodriguez #13 of the New York Yankees enters the field with daughters Natasha and Ella during the pre-game ceremony honoring Alex’s 3000th hit before the game against the Toronto Blue Jays at Yankee Stadium on September 13, 2015 in the Bronx borough …

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Jesus Christ gaffe highlights featured snippets problems

Dean Mouhtaropoulos | Getty Images A general view of Christ the Redeemer, a statue of Jesus Christ, through the dark clouds during the Netherlands training session at the 2014 FIFA World Cup Brazil held at the Estadio Jose Bastos Padilha Gavea on June 19, 2014 in Rio de Janeiro, Brazil. …

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Wynn may not survive as CEO and there’s no clear successor: Sonnenfeld

Jessica Rinaldi | The Boston Globe | Getty Images Steve Wynn speaks to reporters about a planned casino in Everett during a press conference in Medford, Mass., on March 15, 2016. If he doesn’t survive, that could spell trouble, because there is no bench of potential successors, Sonnenfeld told “Power …

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Coinbase investor Todd Chaffee of IVP is avoiding ICOs

Alain Pitton | NurPhoto | Getty Images As bitcoins skyrocket to more than $12 000 for one BTC, many central banks as ECB or US Federal Reserve warn of risks of a bubble. After leading Coinbase’s $100 million financing round last year, venture capitalist Todd Chaffee is closely eyeing other …

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Democrats slam Trump’s reported attempt to fire Mueller

Albin Lohr-Jones | Bloomberg | Getty Images Don McGahn, attorney and U.S. Federal Election Commission member, arrives in the lobby of Trump Tower in New York U.S., on Monday, Jan. 8, 2017. “If that’s not obstruction of justice, I don’t know what is,” said Rep. Louise Slaughter, D-N.Y. “It’s reminiscent …

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One of the legs propping up the oil rally looks wobbly, says analyst

Oil prices could tumble as much as $8 a barrel in the coming weeks as one of the three legs propping up an unexpected rally looks “wobbly,” Societe Generale’s Mark Keenan warned on Friday. The rally in oil prices has exceeded many analysts’ expectations, leading to a flurry of revised …

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Where investors who manage their own millions see market value in 2018

Thomas Peter | Pool | Getty Images U.S. President Donald Trump and China’s President Xi Jinping arrive at a state dinner in China on November 9, 2017. Signs that the bull market in stocks has gone global for good are everywhere. Harvard economics professor Kenneth Rogoff said this week that …

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Burgers and coffee will be bought with crypto in 5 years

Horacio Villalobos | Corbis | Getty Images Tim Draper Founder, Draper Associates/DFJ. Big Macs and lattes will be purchased by cryptocurrencies sooner than you might think, according to venture capitalist and bitcoin fanatic Tim Draper. “In five years, if you go to a Starbucks or McDonald’s and try to buy …

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This year’s flu season is worse than usual for baby boomers

Mike Blake | Reuters Emergency room nurse Richard Horner wears a mask as he deals with flu patients at Palomar Medical Center in Escondido, California, January 18, 2018. This flu season is considered by the Centers for Disease Control and Prevention to be highly severe, but one age group is …

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Billionaire Dan Loeb is ‘closely watching’ these 4 key risks that can stop the market rally

Jacob Kepler | Bloomberg | Getty Images Daniel Loeb, founder and chief executive officer of Third Point LLC The best hedge fund managers are always looking out for potential downside when they put together a portfolio. Third Point’s Dan Loeb, who nearly doubled the S&P 500’s return for more than …

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