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Monthly Archives: February 2018

Qualcomm raises offer for NXP Semiconductors

Simon Dawson | Bloomberg | Getty Images Microprocessors sit on a circuit board displayed on the NXP Semiconductors NV pavilion at the Mobile World Congress in Barcelona, Spain, on Monday, March 2, 2015. U.S. chipmaker Qualcomm raised its offer to buy NXP Semiconductors to $127.50 per share from $110, after …

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How Banks Could Control Gun Sales if Washington Won’t

Getty Images Executives from the financial institutions who received TARP funds, (L-R) Goldman Sachs Chairman and CEO Lloyd Blankfein, JPMorgan Chase & Co CEO and Chairman Jamie Dimon, The Bank of New York Mellon CEO Robert P. Kelly, Bank of America CEO Ken Lewis, State Street Corporation CEO and Chairman …

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Amazon Prime Rewards Visa cardholders get 5% back at Whole Foods

Daniel Acker | Bloomberg | Getty Images Amazon.com Inc. signage is displayed at a Pop-Up store inside the Lakeview Whole Foods Market Inc. store in Chicago, Illinois, U.S., on Monday, Nov. 20, 2017. Amazon is offering Prime members who use its Visa rewards card 5 percent cash back when they …

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Venezuela refugee crisis could be worse than Syria: Economist

Román Camacho/SOPA Images/LightRocket/Getty Images Feb 12, 2018: Venezuelans honor those killed during recent protests. About 4 million Venezuelans — over 10 percent of the population — have left the country in search of better living conditions in the last two decades, Bahar said, citing others’ estimates. In comparison, “the estimates …

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General Motors plans to produce two new car models in South Korea

Bill Pugliano | Getty Images The General Motors Global Headquarters shown on June 6, 2017 in Detroit, Michigan. General Motors plans to produce two new car models in South Korea, a local lawmaker said, quoting GM executive Barry Engle as saying this at a meeting with South Korean members of …

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Donald Trump surprises by endorsing Mitt Romney for Senate run

Getty Images President-elect Donald Trump and Mitt Romney dine at Jean Georges restaurant, November 29, 2016 in New York City. President Donald Trump said in a Monday evening Twitter post that he supported and endorsed Mitt Romney for his run for a Senate seat. That came as a surprise to …

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China and Pakistan’s Belt and Road plan might not convince other investors

Aamir Qureshi | AFP | Getty Images A Chinese worker stands near trucks during the opening of a trade project at Pakistan’s Gwadar port on November 13, 2016. China is pouring an estimated $60 billion into Pakistan as part of its Belt and Road Initiative (BRI), but financial experts CNBC …

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KFC branches in UK forced to close because of chicken shortage

Yui Mok/PA Images via Getty Images A closed sign on the door of a KFC restaurant in Clapham, south London, as the fast food outlet has been forced to close a raft of stores after a new delivery contract with DHL resulted in chicken shortages across the country. KFC has …

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BlackRock is a lot more bullish on US stocks after tax cuts

Moore said analysts have been ratcheting up their earnings forecasts based on what companies said during earnings season. The expectation is that earnings growth this year could now be 19 percent. Sixty percent of S&P 500 companies provided guidance that exceeded expectations. BlackRock monitors earnings revisions, which can be a …

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Greece’s welcome debt upgrade fails to end concerns over its long-term economic health

Kostas Tsironis | Bloomberg | Getty Images A protestor holds a banner outside the Greek parliament during in a demonstration by municipal contract workers in Athens, Greece, on Thursday, June 29, 2017. Analysts remain unconvinced that Greece is over its troubled economic past, despite a warmly received upgrade on Monday …

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