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Monthly Archives: June 2018

Trump slams Red Hen as ‘filthy,’ but Mar-a-Lago had 78 infractions

Daniel Lin | AP Passersby gather to take photos in front of the Red Hen Restaurant, Saturday, June 23, 2018, in Lexington, Va. President Donald Trump lashed out Monday at a Virginia restaurant that refused to serve his press secretary, saying it is “filthy” and “badly needs a paint job.” …

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Trump tariffs backfire after EU retaliates against Harley-Davidson

Shares of Harley-Davidson plunged Monday after the iconic American motorcycle manufacturer said it will begin shifting some production overseas to offset the impact of retaliatory EU tariffs on certain U.S. goods. The statement is one of the first by a major U.S. company that implies the recently announced tit-for-tat tariffs …

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Morgan Stanley says rates are done going higher

The benchmark 10-year Treasury note yield has peaked for 2018 as trade worries, weaker emerging markets and a strong dollar cap the prior move upward in rates, according to Morgan Stanley. “We started to take note of a changing dynamic for global government bond markets in late April and early …

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Apple News signs publishers for exclusive midterm elections stories

Marcio Jose Sanchez | AP Apple CEO Tim Cook speaks during an announcement of new products at the Apple Worldwide Developers Conference Monday, June 4, 2018, in San Jose, Calif. Apple is creating a special news section around the 2018 midterm elections, with stories curated by human editors as well …

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Stocks fall, trade tumult continues to rattle investors 

Peter Boockvar, chief investment officer at Bleakley Advisory Group, said in a note there are three goals the administration wants to complete with these tariffs: to protect tech companies from Chinese theft, to lower trade barriers set by other countries relative to the U.S. and lower the trade deficit. “As …

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AT&T to buy online ad firm AppNexus

David Becker | Bloomberg | Getty Images Randall Stephenson, chairman and chief executive officer of AT&T. AT&T said on Monday it would buy online advertisement exchange company AppNexus, less than a month after the No. 2 U.S. wireless carrier closed its $85 billion deal to acquire media company Time Warner. …

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Three options strategies to start the week: June 25

The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth and Mike Khouw like Johnson & Johnson. Mike Khouw recommends selling call spread in Nike. Dan Nathan recommends a call calendar in Starbucks. Trader disclosure: On June 22, 2018, the following stocks and commodities …

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Majority of Americans approve of Trump’s handling of the economy

For the first time since President Donald Trump took office, the CNBC All-America Economic Survey shows more than half the public approving his handling of the economy, and it appears to be having some impact on his overall job approval rating. The president’s economic approval rating surged 6 points to …

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Nicaragua violence kills baby as 7 more die in clashes

Gregorio Marrero | LatinContent | Getty Images Nicolas Maduro, Vice President of Venezuela and Daniel Ortega -President of Nicaragua- on January 10, 2013 in Caracas, Venzuela. Ortega won power in 2007 and has slowly taken control of all aspects of government, including the judiciary. That is had led to accusations …

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P&G’s Couric partnership goes back to shows being ‘brought to you by’

Cannes Lions International Festival of Creativity Journalist Katie Couric at the Cannes Lions International Festival of Creativity in France, June 2018 Content is a hot topic in marketing right now, both in terms of brands creating their own short films, and scrutinizing the third-party produced content they are associated with. …

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