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Monthly Archives: March 2018

Oppenheimer downgrades Walmart because of its slowing online sales growth

Patrick T. Fallon | Bloomberg | Getty Images An employee scans a Mattel Inc. Barbie Dream House for a customer at a Walmart location in Burbank, California. Walmart shares will no longer beat the market as investors question the firm’s e-commerce prospects, according to one Wall Street firm. Oppenheimer lowered …

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Trump’s protectionist steel tariffs criticized by economist Adam Posen

Thomas Barwick | Stone | Getty Images Overturning the TPP will not help the U.S. steel industry much, says Wood Mackenzie Critics of the policy, which reportedly include Trump’s own chief economic advisor Gary Cohn and Council of Economic Advisers chair Kevin Hassett, as well as multiple right-leaning free trade …

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Trump tears up comedian Alec Baldwin over the ‘agony’ of impersonating him

D Dipasupil | Getty Images Alec Baldwin speaks onstage during the We Stand United NYC Rally outside Trump International Hotel & Tower on January 19, 2017 in New York City. President Donald Trump isn’t pleased with Alec Baldwin’s latest comment that impersonating the president is “agony,” and is suggesting Saturday …

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Microchip to buy Microsemi for about $8.35 billion

Photo: microchip.com Microchip Technologies makes the microcontrollers, or chips, that go into simple electronic devices, among other products. Cramer likes the Chandler, Ariz.-based semiconductor because it has an attractive risk-reward and pays a high dividend yield. At 4 percent, its dividend yield is the highest in all the semiconductor space. …

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Snow storms shut Ireland and force Britain to call in the army

Matthew Horwood | Getty Images A general view showing Edinburgh Waverley railway station on March 1, 2018 in Edinburgh, United Kingdom. Snow storms shut most of Ireland on Friday and forced Britain to call in the army to battle some of the worst weather seen in nearly 30 years. After …

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US approves possible sale of anti-tank missiles to Ukraine

Dmitry Kostyukov | AFP | Getty Images A US Marine from 1st Battalion, 8th Marines, Bravo company launches an FMG-148 Javelin anti-tank missile. The U.S. State Department has approved the possible sale of Javelin anti-tank missiles and launch units to Ukraine at an estimated cost of $47 million, the Pentagon …

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Brazil threatens ‘action’ to protect interests after Trump tariff move

Leah Millis | Reuters President Donald Trump talks about banning devices that can be attached to semiautomatic guns to make them automatic, during a Public Safety Medal of Valor Awards Ceremony at the White House in Washington, U.S., February 20, 2018. Brazil’s Industry Ministry on Thursday expressed “enormous concern” about …

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LafargeHolcim CEO launches overhaul, takes big Q4 charge

Martin Leissl | Bloomberg | Getty Images A wheel loader truck, manufactured by Volvo AB, collects kerogen shale rocks from a quarry operated by Holcim Ltd. in Dotternhausen, Germany, on Thursday, Nov. 13, 2014. Oyak Group, Turkey’s military pension fund, has $2 billion in cash for acquisitions and may spend …

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The US products that may be at risk of retaliation

Luke Sharrett/Bloomberg/Getty Images A worker on an auto assembly line in Smyrna, Tennessee. It’s still too early to tell how other governments may respond — so far, Canada and the European Union have promised strong countermeasures but didn’t provide details. If the administration applies its tariffs to all steel and …

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Here’s what the world is saying about Trump’s tariffs

Getty Images President Donald Trump participates in a meeting with leaders of the steel industry at the White House March 1, 2018 in Washington, DC. President Donald Trump on Thursday said that the United States will slap tariffs on steel and aluminum imports from around the world — and the …

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