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Monthly Archives: February 2018

Bitcoin bottoms, keeping Thanksgiving investors in the black

Good news for those who jumped on the bitcoin bandwagon around the Thanksgiving holidays as family members talked up their new riches from crypto-trading. It seems to have found a bottom right around the levels reached in that holiday week. Coinbase, the largest bitcoin exchange in the U.S., added roughly …

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Seattle ICE lawyer charged with stealing immigrants identities

Salwan Georges | The Washington Post | Getty Image A law enforcement officer walks past ICE logo ahead of a press conference on Thursday, May 11, 2017, at the U.S. Immigration and Customs Enforcement headquarters in Washington, DC. The chief counsel for U.S. Immigration and Customs Enforcement (ICE) in Seattle …

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US Treasury yields slip ahead of key inflation data

The yield on the 10-year Treasury note jumped to 2.92 percent, its highest level since January 2014, and slightly above the levels that sparked a stock-market sell-off earlier in the month. The move higher came after the government reported inflation in January rose by more than expected. The yield has …

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Dan Loeb’s Third Point takes 2 million share stake in Netflix

Robyn Beck | AFP | Getty Images Netflix CEO Reed Hastings gives a keynote address, January 6, 2016 at the CES 2016 Consumer Electronics Show in Las Vegas, Nevada. Dan Loeb’s Third Point hedge fund took a 2 million share stake in Netflix in the fourth quarter of last year, …

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Bipartisan group of senators says it has a DACA deal

Getty Images People protest in front of the U.S. Capitol to urge Congress to save the Deferred Action for Childhood Arrivals (DACA) program on December 6, 2017, in Washington, D.C. A bipartisan group of senators working on immigration legislation has reportedly reached a consensus. The deal will be announced later …

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Bill Gurley is sick of talking about cryptocurrencies

David Paul Morris | Bloomberg | Getty Images Bill Gurley, general partner at Benchmark Capital. Bill Gurley said that he’s gotten sick of all the talk about cryptocurrencies. “Everyone in this room is nauseous from discussions on crypto,” the general partner at venture capital firm Benchmark told an audience on …

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Apple buybacks, dividend increases under repatriation: UBS note

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves after speaking during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. Apple’s earnings could pop as much as 30 percent higher than current estimates — …

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‘I am totally opposed to domestic violence of any kind’

Mandel Ngan | AFP | Getty Images President Donald Trump responds to a reporter’s question on domestic violence following a working session regarding opportunity zones following the recently signed tax bill in the Oval Office of the White House on February 14, 20218 in Washington, DC. President Donald Trump told …

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Litecoin jumps 30% as traders bet on more users, upcoming split into litecoin cash

Litecoin surged Wednesday after news that a payments processor for the cryptocurrency is set to launch February 26. The cryptocurrency jumped 36.8 percent to $218.23 Wednesday and was trading near $207 as of 3:15 p.m., ET, according to CoinMarketCap. Litecoin remained about 11 percent lower for the year so far. …

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