Home / 2018 / March (page 17)

Monthly Archives: March 2018

China and Russia aggressively are pursuing hypersonic weapons: General

Yuri Gripas | Reuters U.S. Air Force General John Hyten, Commander of U.S. Strategic Command, testifies in a Senate Armed Services Committee hearing on Capitol Hill in Washington. America’s top nuclear commander described a grim scenario for U.S. forces facing off against a new breed of high-speed weapons that Russia …

Read More »

Amazon just passed Alphabet to become the world’s second most valuable company

Getty Images | HENNY RAY ABRAMS Jeff Bezos in a customized 1998 Volkswagen Beetle from the movie “Austin Powers: The Spy Who Shagged Me” at Sotheby’s in 1999. Amazon has passed Alphabet and now trails just Apple among the list of the world’s most valuable companies. The e-commerce giant rose …

Read More »

Peter Thiel’s Founders Fund is backing Alliance of American Football

CNBC Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager. Venture capitalist Peter Thiel is backing a new football league to rival the NFL, the league said Tuesday. The Alliance of American Football, backed in part by Thiel’s Founders Fund and set to kick off in February 2019, claims …

Read More »

Trump asks Saudi crown prince to share wealth by buying US weapons

Kevin Lamarque | Reuters President Donald Trump and Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman meet at the White House in Washington, U.S., March 14, 2017. Sen. Mike Lee, R-Utah, along with Sen. Bernie Sanders, I-Vt., and Sen. Chris Murphy, D-Conn., introduced a bill in February …

Read More »

Doing your homework does lead to better investing returns

For investors, it appears doing your homework does trump dumb luck. Hedge funds that frequently accessed SEC filings such as annual reports posted better-than-average returns in the following month compared with non-users, according to a new academic study. The working paper from Rice University finds that funds accessing one or …

Read More »

Tesla shares drop into bear-market territory as Model 3 production worries persist

FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Tesla shares are sinking into bear-market territory, as investors worry the company may not hit a key production milestone. The stock …

Read More »

Trump talks to Putin following Russian leader’s landslide re-election

Mikhail Klimentyev | TASS | Getty Images US President Donald Trump and Russia’s President Vladimir Putin at the 25th APEC summit on November 11, 2017. President Donald Trump spoke to Vladimir Putin over the phone Tuesday morning, after the Russian leader’s overwhelming re-election victory. Trump said later Tuesday that he …

Read More »

Africa leaders to form largest free trade area since the WTO

Khaled Desouki | AFP | Getty Images Street vendors sell shoes at the Al-Attaba market in the centre of Cairo, Egypt, on February 21, 2018. African heads of state have gathered in Kigali, Rwanda, to sign a free trade agreement that would result in the largest free trade area in …

Read More »

Goldman Sachs and the CIA? Gary Cohn was reportedly almost named top spymaster

Kevin Lamarque | Reuters President Donald Trump praises departing economic adviser Gary Cohn (L) during a Cabinet meeting at the White House, Washington, March 8, 2018. Former National Economic Council Director Gary Cohn was almost named the head of the CIA, according to Politico, which cited three people closed to …

Read More »

Senate committee launches effort to prevent election hacking

Jim Watson | AFP | Getty Images Senate Intelligence Chairman Richard Burr (R), R-N.C.; and Senate Intelligence Vice Chair Mark Warner, D-Va., hold a news conference on the status of the committee’s inquiry into Russian interference in the 2016 election on Capitol Hill in Washington, DC, October 4, 2017. With …

Read More »