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Monthly Archives: March 2018

Michael Dell working on VMware reverse-merger details

Drew Angerer | Getty Images Michael Dell, CEO of Dell Inc., attends the annual Allen & Company Sun Valley Conference on July 8, 2016. Michael Dell and his advisers are beginning to focus on the details of a reverse merger with VMware to take Dell Technologies back into the public …

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South Korean President Moon spoke by phone with Trump about a possible dialogue with North Korea

Kevin Dietsch Pool | Getty Images US President Donald Trump and South Korean President Moon Jae-in address the media prior to dinner in the State Dinning Room at the White House on June 29, 2017 in Washington, D.C. South Korea plans to send a special envoy to North Korea in …

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More than half of the S&P is in correction territory. Here are names to buy on the dip

Markets tumbled on Thursday following President Trump’s trade tariff announcement earlier in the session. The S&P 500, Dow Jones industrial average and Nasdaq composite all logged losses of nearly 2 percent each. As more than half of S&P stocks sit in correction territory from losses incurred last month, some market …

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Automaker stocks dive on steel and aluminum tariffs announcement

Matthew Busch | Bloomberg | Getty Images An employee carries a headliner to be installed onto a vehicle at the General Motors assembly plant in Arlington, Texas. Shares of major automakers dived Thursday on news that the U.S. will impose new tariffs on steel and aluminum as early as next …

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EPA chief Scott Pruitt says he’ll fly start flying coach

Jonathan Ernst | Reuters Oklahoma Attorney General Scott Pruitt, U.S. President-elect Donald Trump’s pick to lead the Environmental Protection Agency (EPA), meets with Senator Shelley Moore Capito (R-WV) in her office on Capitol Hill in Washington, U.S. January 4, 2017. Environmental Protection Agency Administrator Scott Pruitt says he will start …

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Best Buy CEO hopes tariffs won’t result in a trade war

Best Buy CEO Hubert Joly said Thursday he fears retaliation as a result of U.S. tariffs. He spoke in anticipation of President Donald Trump’s announcement about levies on imports. “I want to respect whatever decision is made, but we know that various economies are very dependent on what happens,” Joly …

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Facebook News Feed won’t be separated into two

Jaap Arriens | NurPhoto | Getty Images Mark Zuckerberg, CEO of Facebook. Facebook won’t split the News Feed into two after all. The social media site said Thursday it was ending testing of the change, which would have pushed publisher content onto a second feed away from posts by family …

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Here’s what you need to earn to buy a home in these big cities

John J. Miller Photogrpahy | Getty Images In Indianapolis, the nation’s 15th largest city, homeowners need only earn the median area income in order to afford the median priced home. Record-low inventory is causing home prices to rise across the U.S., so higher salaries are now required to afford monthly …

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Britain’s PM May tells Tusk EU draft legal text would undermine the UK

Dan Kitwood | Getty Images British Prime Minister Theresa May arrives for the European Union leaders summit at the European Council on December 14, 2017 in Brussels. Prime Minister Theresa May told European Council President Donald Tusk on Thursday the European Commission’s draft legal text on Brexit is unacceptable to …

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Wells Fargo again faces sales scrutiny, this time in its wealth advice division, WSJ says

Spencer Platt | Getty Images People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Just when it seems like Wells Fargo’s troubles are behind it, another mole pops up from the whack-a-mole machine. The bank’s wealth advisory business is now in focus. According …

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