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Monthly Archives: January 2018

I was honored by Apple’s economic announcement

Fabrice Coffrini | AFP | Getty Images President Donald Trump (R) waves upon his arrival with Secretary of State Rex Tillerson (2ndL) for the World Economic Forum (WEF) annual meeting in Davos, eastern Switzerland, on January 25, 2018. President Donald Trump told CNBC that Apple’s recent investment announcement helped inspire …

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Bank of America, Citigroup reviewing the use of credit cards to buy bitcoin

Anthony Wallace | AFP | Getty Images A woman touches an ATM machine for digital currency Bitcoin in Hong Kong on December 18, 2017. Friction is increasing between some credit card companies and customers who want to use the cards to buy cryptocurrencies. Bank of America and Citigroup are reviewing …

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China’s stock market is on a ‘once in a lifetime’ kind of rally

China’s stock market is on a remarkable winning streak, and one analyst sees its rapid run stretching even further. “The growth will continue and the growth will continue at a rapid pace,” Michael Bapis, managing director of The Bapis Group at HighTower Advisors, told CNBC’s “Trading Nation” on Wednesday. “The …

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JP Morgan reveals top internet picks ahead of earnings

Jabin Botsford | The Washington Post | Getty Images From left Amazon founder Jeff Bezos, Alphabet CEO Larry Page, and Facebook COO Sheryl Sandberg listen during a meeting with technology industry leaders at Trump Tower in New York, NY on Wednesday, Dec. 14, 2016. J.P. Morgan’s tech analyst said he …

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Months of missing texts found from former special counsel agent: DOJ

Tom Williams | CQ Roll Call | Getty Images Michael Horowitz, inspector general of the Justice Department The Justice Department’s internal watchdog says his office has found missing text messages from an FBI agent removed last summer from special counsel Robert Mueller’s investigative team. Inspector General Michael Horowitz says in …

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Red Cross helped an executive accused of misconduct work with children

A nurse at MedStar Washington Hospital Center took notes as Paul described the night she says Gerald Anderson assaulted her. See the document. Feeling fuzzy, Paul stumbled out of bed, bumping into what she remembers as a coffee table. She put her clothes on. Anderson drove her home to Washington …

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Dollar rallies after Trump says it will get ‘stronger and stronger’

The dollar reversed its losses and went positive Thursday, after President Donald Trump said the greenback will strengthen because of the growing U.S. economy and that his Treasury secretary’s comments favoring a weak dollar were taken out of context. Trump commented Thursday, in an interview with CNBC, after the dollar …

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iQOS doesn’t appear to cut disease risk, FDA advisors say

Akio Kon | Bloomberg | Getty Images A customer smokes Philip Morris International Inc.’s IQOS smokeless tobacco device at IQOS Store Ginza in Tokyo, Japan, on Monday, June 26, 2017. A U.S. Food and Drug Administration advisory panel said evidence doesn’t support Philip Morris International’s claim that its heat-not-burn tobacco …

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Trump says he would reconsider Trans-Pacific Partnership trade deal

Jason Alden | Bloomberg | Getty Images President Donald Trump gestures as he arrives on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 25, 2018. TPP was a 12-nation agreement among the United States and Pacific rim nations designed partly to curb China’s influence. …

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Seth Klarman says cryptocurrencies are ‘tulip bulbs for the digital age’

Scott Eells | Bloomberg | Getty Images Seth Klarman, founder of the Baupost Group Seth Klarman, the value investing giant who draws comparisons to Warren Buffett, says he is not a believer in cryptocurrencies. “While we have long had our own concerns over the tendency of central bankers to debase …

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