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Monthly Archives: January 2018

Trump to impose 30 percent tariff on solar cell imports

Sergio Flores | Bloomberg | Getty Images Workers secure solar panels to a rooftop during a SolarCity Corp. residential installation in Albuquerque, N.M. President Donald Trump has approved tariffs on imported solar cells and certain washing machines, U.S. Trade Representative Robert Lighthizer announced Monday. The protective tariffs on both kinds …

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Chipmaker and semiconductor stocks could see a repeat of 2017 gains

It’s been an unpredictable start to the year for chipmakers. While some like Nvidia have seen double-digit gains, others such as Micron Technology have glitched out. But, the group could reboot after a mixed start, according to one stock analyst. “All signs point to yes for semiconductors,” Kim Forrest of …

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AMD, Nvidia must do more to stop cryptominers from causing shortages

AMD’s and Nvidia’s core gaming customers deserve better. PC enthusiasts are suffering as digital currency miners drive up graphics card prices and cause big shortages again. The two chipmakers must do more to protect the needs of their most important market or risk building their businesses on cryptocurrency quick sand. …

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Nearly $400 million lost, stolen from sales of new digital coins

Nearly $400 million has been lost or stolen from coin sales known as initial coin offerings, accounting giant Ernst & Young said in a report released Monday. That’s more than 10 percent of the $3.7 billion raised in the initial coin offerings, and another worrying sign for the token sales. …

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Google and Facebook unveil big investments in France

Thibault Camus | AFP | Getty Images French President Emmanuel Macron (R) meets with Chief Operating Officer of Facebook, Sheryl Sandberg during the ‘Choose France’ summit at the Chateau de Versailles, near Paris, on January 22, 2018. Google and Facebook on Monday unveiled significant investments in France in a vote …

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Vice President Mike Pence welcomes end to government shutdown

Ammar Awad | Reuters Vice President Mike Pence and his wife Karen wave upon their arrival at Ben Gurion international Airport in Lod, near Tel Aviv, Israel January 21, 2018. U.S. Vice President Mike Pence on Monday welcomed news that U.S. Senators voted to move forward on legislation that would …

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FirstEnergy shares soar after ‘transformational’ investment

Justin Merriman | Bloomberg | Getty Images Signage is displayed at the FirstEnergy Corp. Bruce Mansfield coal-fired power plant in Shippingport, Pennsylvania. FirstEnergy’s stock price soared on Monday after the embattled utility announced an investment from well-known investors that will help underwrite its planned business transformation. Shares of FirstEnergy were …

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Saudi Arabia ‘has always supported Lebanon’

Bandar Algaloud | Saudi Royal Council | Bandar Algaloud | Saudi Royal Council | Anadolu Agency | Getty Images King of Saudi Arabia Salman bin Abdulaziz Al Saud (R) shakes hands with Former Prime Minister of Lebanon Saad Hariri (L), who resigned recently, at King Salman Air Base Airport in …

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Trump’s weak poll numbers don’t tell real story-commentary

Saul Loeb | AFP | Getty Images President Donald Trump, alongside Vice President Mike Pence (3rd L), meets with Congressional leadership including Senate Majority Leader Mitch McConnell (2nd R), Republican of Kentucky, Senate Minority Leader Chuck Schumer (R), Democrat of New York, Speaker of the House Paul Ryan (2nd L), …

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Government shutdown, day 3: A deal remains elusive

Andrew Harrer | Bloomberg | Getty Images Senate Majority Leader Mitch McConnell, a Republican from Kentucky, walks to the Senate Chamber at the U.S. Capitol in Washington, D.C., U.S., on Sunday, Jan. 21, 2018. The federal workforce woke up Monday to the first real day of the government shutdown, with …

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