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Monthly Archives: March 2018

We don’t want Amazon HQ2 here

John Bazemore | AP A tract of land known to locals as The Gulch is shown Thursday, Jan. 25, 2018, in Atlanta. As Atlanta vies to entice Amazon to build its second headquarters on the site, local leaders are studying a proposal to build a $5 billion project with more …

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Sheryl Sandberg should replace Mark Zuckerberg at Facebook: Calacanis

Getty Images Mark Zuckerberg, chief executive officer of Facebook Inc., left, and Sheryl Sandberg, chief operating officer of Facebook Inc. On Monday, Facebook said it has hired a firm to conduct a “comprehensive audit” of Cambridge Analytica and the whistleblower, Christopher Wylie, who set off the firestorm. It suspended Cambridge …

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Rep. Mark Meadows says GOP tax reform phase 2 could come by April

Bill Clark | CQ Roll Call | Getty Images Rep. Mark Meadows, R-N.C., chairman of the House Freedom Caucus, walks through Statuary Hall in the Capitol on Wednesday, March 22, 2017. Proposals for a second part of the Republican tax-reform plan could be released as early as April 15, Rep. …

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Trump’s new opioid plan supports addiction vaccine

Jonathan Ernst | Reuters President Donald Trump delivers remarks on “combatting the opioid crisis” in a speech at Manchester Community College in Manchester, New Hampshire, U.S., March 19, 2018. President Donald Trump revealed his new plan to combat the opioid crisis on Monday in New Hampshire, a state hard-hit by …

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Tech stocks flashing a warning similar to before dotcom bubble popped

A measure comparing riskier tech stocks to safer utilities is triggering memories of what happened just before the dotcom bubble wrecked the market 18 years ago. Price performance between the two sectors has spread lately to a gap not quite as wide as during the bubble, but close. Using a …

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Security deal for Microsoft Office phone apps

Brendan McDermid | Reuters John Chen, CEO, Blackberry BlackBerry shares rose about 5 percent after hours on Monday after announcing a new deal with Microsoft. The company said it will partner with Microsoft to provide a secure environment for Microsoft Office apps like Excel, PowerPoint or Word. The product will …

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Drug stocks dive as Trump says he’s considering suing drugmakers over opioid crisis

Jonathan Ernst | Reuters President Donald Trump Delivers remarks on “combatting the opioid crisis” in a speech at Manchester Community College in Manchester, New Hampshire, U.S., March 19, 2018. President Donald Trump said he’s considering suing drugmakers for their role in fueling the opioid epidemic, sending pharma stocks tumbling Monday. …

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Dropbox IPO oversubscribed

David Paul Morris | Bloomberg | Getty Images The silhouette of Drew Houston, chief executive officer and co-founder of Dropbox Inc., is seen walking on stage during an event in San Francisco. Cloud storage company Dropbox’s initial public offering was oversubscribed, two people familiar with the matter said on Monday, …

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Tech execs Zuckerberg, Dorsey and Page invited to testify before FEC

Getty Images (L-R) Vice President and General Counsel for Facebook Colin Stretch, General Counsel for Twitter Sean Edgett, and Senior Vice President and General Counsel for Google Kent Walker are sworn in during a hearing before the Senate (Select) Intelligence Committee November 1, 2017 on Capitol Hill in Washington, DC. …

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Trump issues action blocking US citizens from trading or financing Venezuela cryptocurrency

President Donald Trump issued an executive order Monday banning any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela. The order applies to U.S. citizens as well as anyone within the United States, and includes cryptocurrency issued on or …

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