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Monthly Archives: July 2018

Chinese premier praises EU, says free trade must be upheld

Lintao Zhang | Pool | Getty Images Chinese President Xi Jinping and Chinese Premier Li Keqiang at The Great Hall of People on March 3, 2018 in Beijing, China. The Chinese premier says free trade and international cooperation must be upheld to avoid slowing down the global economy. Premier Li …

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Facebook hits all time high, marking full recovery from data scandal

David Paul Morris | Bloomberg | Getty Images The silhouette of Mark Zuckerberg, chief executive officer and founder of Facebook Inc., is seen during the Oculus Connect 4 product launch event in San Jose, California, on Wednesday, Oct. 11, 2017. Facebook gained nearly 5 percent on Friday, hitting an all-time …

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Stitch Fix stock rallies, adds $490 million in market cap in two days

Patrick T. Fallon | Bloomberg | Getty Images Katrina Lake, founder and chief executive officer of Stitch Fix Inc. Stitch Fix is in the middle of a two-day rally, gaining 20 percent and $490 million in market cap since Tuesday’s close at its peak. Shares of the clothing subscription box …

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Republicans criticize Trump tariff trade war with China

Melina Mara | The Washington Post | Getty Images (L-R) Speaker of House Paul Ryan, Senator Orrin Hatch, and Senate Majority Leader Mitch McConnell on Capitol Hill in Washington DC Wednesday September 27, 2017.  Top GOP lawmakers are condemning President Donald Trump’s tariffs on major trading partners, which erupted into …

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Trump wants bilateral UK trade deal quickly

Brendan Smialowski | AFP | Getty Images President Donald Trump and British Prime Minister Theresa May walk at the White House on January 27, 2017 in Washington, DC. President Donald Trump wants to establish a post-Brexit bilateral trade deal with the United Kingdom “as soon as possible,” the U.S. ambassador …

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Michael Cohen picks Clinton’s ex-spokesman Lanny Davis as new attorney

Martin Divisek | Bloomberg | Getty Images Lanny Davis, attorney and former Clinton political strategist, speaks during an interview last May.  President Donald Trump’s former personal lawyer Michael Cohen signed Lanny Davis, who served both as a spokesman and as special counsel to President Bill Clinton, to represent him in …

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China reportedly tried to recruit conservative German lawmaker as a spy

Zhang Jie | Hainan Daily | VCG | Getty Images Flags fly in front of the Great Hall of the People in Beijing, China, on March 5, 2018. Chinese individuals contacted a conservative lawmaker in the German parliament several times in the summer of 2016, offering him money in exchange …

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US trade deficit drops to smallest size since 2016 election

Andrew Harrer | Bloomberg | Getty Images A spotter lines up a truck before a container is loaded a ship in the Seagirt Marine Terminal at the Port of Baltimore in Baltimore, Maryland. The monthly trade deficit is at its lowest levels during the Trump presidency. On Friday the Commerce …

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Sonos files to go public

Speaker giant Sonos has filed to go public. The company plans to list shares on the Nasdaq under the ticker symbol “SONO,” according to filings. The company didn’t specify how many shares would be up for sale or list an estimated offering price. Morgan Stanley, Goldman Sachs and Allen & …

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In Thai jungle above trapped boys, alternative rescue effort ramps up

Soe Zeya Tun | Reuters Soldiers and rescue workers walk past water pumped out of Tham Luang cave complex, where members of an under-16 soccer team and their coach have been found alive, in the northern province of Chiang Rai, Thailand, July 5, 2018.  The death of a former Thai …

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