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Monthly Archives: February 2018

Huawei P20 will be ‘much better’ than iPhone X, top exec Richard Yu says

Chris Ratcliffe | Bloomberg | Getty Images Richard Yu, chief executive officer of Huawei’s consumer business group, speaking during the launch of P10 & P10 Plus smartphones and Huawei Watch 2 smartwatch, ahead of the Mobile World Congress (MWC) in Barcelona, Spain, on Sunday, Feb. 26, 2017. Huawei’s upcoming P20 …

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Huawei unveils its first 5G chipset at Mobile World Congress

Arjun Kharpal | CNBC Richard Yu, CEO of Huawei’s consumer business group, presents the company’s new 5G chipset called Balong 5G01 at Mobile World Congress in Barcelona on Sunday, February 25, 2018. Huawei on Sunday unveiled its first chip to enable mobile devices to access 5G internet speeds. The chipset …

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Mexican president’s visit to White House is on ice, reportedly due to testy phone call

Hector Vivas | LatinContent | Getty Images Mexican President Enrique Peña Nieto meets with then-presidential candidate Donald Trump after a meeting at Los Pinos on August 31, 2016, in Mexico City. A tentative plan for President Donald Trump to host his Mexican counterpart in Washington has been put on hold, …

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Bollywood legend Sridevi dies at 54

Kunal Patil | Hindustan Times via Getty Images Aishwarya Rai, Deepika Padukone and Sridevi (center) during Hindustan Times India’s Most Stylish Awards at Yash Raj Films Private Limited on January 24, 2018 in Mumbai, India. Actress Sridevi, arguably Bollywood’s first female superstar, died in Dubai on Saturday night following a …

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Russia barred from flying flag at Winter Games closing ceremony

Florian Choblet | AFP | Getty Images Russia’s athletes arrive during the closing ceremony of the Pyeongchang 2018 Winter Olympic Games at the Pyeongchang Stadium on February 25, 2018. The International Olympic Committee (IOC) dashed Russian athletes’ hopes of marching behind their national flag at the Winter Games closing ceremony …

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Arming teachers in schools should be ‘up to states’ to decide, Trump tweets

Leah Millis | Reuters President Donald Trump speaks about the mass shooting at a Florida high school in a national address from the White House in Washington, U.S., February 15, 2018. President Donald Trump appeared Saturday to begin refining his proposals for combatting school violence, tweeting that arming teachers as …

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Three charts that show gold is going to $1,400

Gold just had its worst week in over two months, but one technician says the precious metal is headed for a breakout. The yellow metal is often used as a hedge against inflation; however, Carter Worth, Cornerstone Macro’s head of technical analysis, argued that there is no reputable relationship between …

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Buffett reveals Berkshire’s 15 largest stock holdings — including Apple, Wells Fargo

Warren Buffett shared Berkshire Hathaway’s largest stock positions in his 2017 annual letter to shareholders released on Saturday. The Oracle of Omaha explained how he views equity investments and why he’s bullish on U.S. stocks over the long-term. “Charlie and I view the marketable common stocks that Berkshire owns as …

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Delta Air Lines and United Airlines end NRA group travel discounts

Delta Air Lines and United Airlines said they will scrap group airfare discounts for members of the National Rifle Association, joining a growing list of companies to end perks for the gun-rights group following the deadly mass shooting at a South Florida high school last week. Delta and United were …

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Lower tax rate fuels record profit for Buffett’s Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway on Saturday reported a record quarterly and annual profit, benefiting from a lower U.S. corporate income tax rate. Fourth-quarter net income increased roughly fivefold to $32.55 billion, or $19,790 per Class A share, from $6.29 billion, or $3,823 per share, a year earlier. Quarterly operating profit …

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