Home / 2018 / May (page 22)

Monthly Archives: May 2018

Facebook’s Mark Zuckerberg likely won’t testify before UK officials

Chip Somodevilla | Getty Images Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018. Mark Zuckerberg likely won’t testify before Parliament, according to UK officials. Members of Parliament had previously said they would summon the Facebook CEO …

Read More »

Small casino stocks may see the biggest boost from sports gambling legalization

Jeremy Brevard | USA TODAY | Reuters UMBC Retrievers guard Jairus Lyles (10) shoots the ball against Virginia Cavaliers forward Isaiah Wilkins (21) during the second half in the first round of the 2018 NCAA Tournament at Spectrum Center. Gaming stocks jumped after the Supreme Court’s ruling on sports gambling …

Read More »

David Tepper close to finalizing record deal for Carolina Panthers

Grant Halverson | Getty Images Cam Newton #1 celebrates after a touchdown against the Miami Dolphins during their game at Bank of America Stadium on November 13, 2017 in Charlotte, North Carolina. Billionaire hedge fund manager David Tepper is close to finalizing a deal for the NFL’s Carolina Panthers, according …

Read More »

IMF calls for an agreement on Greece’s debt by next week

Angelos Tzortzinis | AFP | Getty Images Greek students gather during a protest against reforms in the education sector on March 30, 2018 near Prime Minister’s office, in Athens. So far, all the money that Greece has received under its third bailout program has come from Europe and it’s still …

Read More »

Apple CEO Tim Cook says he told Trump China tariffs were wrong

Zach Gibson | Bloomberg | Getty Images President Donald Trump, right, speaks as Tim Cook, chief executive officer of Apple Inc., listens during the American Technology Council roundtable hosted at the White House in Washington, D.C. Apple CEO Tim Cook is not a fan of President Donald Trump’s trade policy …

Read More »

Kaspersky Lab to open Swiss data center to combat spying allegations

Eugene Kaspersky, chairman and CEO of Kaspersky Lab, answers a question during an interview in New York March 10, 2015. Moscow-based Kaspersky Lab plans to open a data center in Switzerland by the end of next year to help address Western government concerns that Russia exploits its anti-virus software to …

Read More »

U.S. blocks United Nations call for independent probe into Gaza deaths

Said Khatib | AFP | Getty Images A Palestinian man uses a slingshot during clashes with Israeli forces along the border with the Gaza strip east of Khan Yunis on May 14, 2018, as Palestinians protest over the inauguration of the US embassy following its controversial move to Jerusalem. The …

Read More »

Market herd’s greed will keep me in business: Steve Sedgwick

Simon Dawson | Bloomberg | Getty Images Skyscrapers including the Lloyd’s of London headquarters; the Leadenhall building, also known as ‘the Cheesegrater’; and 30 St Mary Axe, also known as ‘the Gherkin’ in London, U.K. I know I don’t look old enough but this summer will mark my thirty years …

Read More »

Stocks shrugged off ‘sell in May’ and are now setting up for a summer rally

Even if stocks hit a few speed bumps, they are showing signs of renewed strength that could propel the market higher in the summer months. Instead of talk about stocks bottoming, there’s more chatter recently about new highs, as small caps flirt with their former highs and money is jumping …

Read More »

Vodafone’s Vittorio Colao to step down in October

Jason Alden | Bloomberg | Getty Images Vittorio Colao, chief executive officer of Vodafone Group Plc, poses for a photograph in London, on Monday, Sept. 2, 2013. Vodafone Chief Executive Vittorio Colao will step down in October after 10 years in charge of the world’s second largest mobile operator, and …

Read More »