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Monthly Archives: January 2018

There’s ‘no evidence’ Tasers reduce police use of firearms, new study shows

There is “no evidence” that the adoption of Tasers reduces police use of firearms, according to a study released this week from the University of Chicago. While the latest study found that the electric shock weapon reduces the rate of police injury, it also determined that police use of firearms …

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‘Fire and Fury’ may be coming to a screen near you

Andrew Caballero-Reynolds | AFP | Getty Images A man holds a copy of the book ‘Fire and Fury: Inside the Trump White House’ by Michael Wolff after buying it at a bookstore in Washington, DC on January 5, 2018. “Fire and Fury” could be coming to the small screen. Or …

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Stock market’s value under Trump has grown by $6.9 trillion to $30.6 trillion

The U.S. stock market has added nearly $6.9 trillion in market cap since President Donald Trump was elected, already close to half of what was added in all eight years of President Barack Obama’s tenure. The market cap, based on the Russell 3000, surpassed $30 trillion for the first time …

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Netflix’s original content will allow it to raise prices

Mike Blake | Reuters Comic con fans gather at the Netflix booth at Comic Con International in San Diego, California, July 19, 2017. Netflix’s strong growth in international markets and its ability to raise prices will boost its shares, according to one top Wall Street firm. Morgan Stanley reiterated its …

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Senate passes bill renewing NSA’s internet surveillance program

Brooks Kraft | Corbis | Getty Images The National Security Agency (NSA) logo is shown on a computer screen inside the NSA in Fort Meade, Maryland. The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years and with minimal …

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Cancer drugmaker Celgene may turn to Juno to avoid a looming disaster

A buyout of Juno Therapeutics could help Celgene diversify its drug portfolio as its No. 1 cancer treatment, which accounts for the bulk of its sales, approaches patent expiration, analysts say. Celgene loses patent protection by 2022 for Revlimid, its top-selling multiple myeloma drug that brought in about 60 percent …

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2017 was one of Earth’s warmest years on record even without El Nino

Cris Faga | NurPhoto | Getty Images People at swimming pools in São Paulo, Brazil on a hot winter day last September. Earth had one of its warmest years on record in 2017, according to two new analyses from NASA and the National Oceanic and Atmospheric Administration. A report from …

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Trump’s consumer protection bureau has an odd budget request: Zero

Joshua Roberts | Reuters Office of Management and Budget (OMB) Director Mick Mulvaney arrives to speak to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he began work earlier in the day after being named acting director by U.S. President Donald Trump in Washington November 27, 2017. …

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With eye on Brexit talks, May offers France money for border security

Dan Kitwood | Getty Images British Prime Minister Theresa May arrives for the European Union leaders summit at the European Council on December 14, 2017 in Brussels. British Prime Minister Theresa May will offer France on Thursday 44.5 million pounds to bolster security at French border controls, part of measures …

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Bitcoin rallies more than 30% to briefly top $12,000 in latest wild swing

Bitcoin surged Thursday, recovering from a sharp sell-off to briefly top $12,000. The volatile digital currency hit a high of $12,045.09, up 30.9 percent from a low of $9,199.59 a day ago on CoinDesk. CoinDesk’s bitcoin price index tracks prices from Bitstamp, Coinbase, itBit and Bitfinex. Bitcoin traded about 27 …

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