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Monthly Archives: August 2018

Trump refuses to discuss US-China strategy at private business dinner

Brendan Smialowski | AFP | Getty Images President Donald Trump (R) speaks, flanked by First Lady Melania Trump (2nd L), Boeing CEO Dennis Muilenburg (L) and CEO of PepsiCo Indra Nooyi (3rd L), during a dinner with business leaders in Bedminster, New Jersey, on August 7, 2018. President Donald Trump …

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Cigna CEO David Cordani on Carl Icahn opposing Express Scripts deal

Brendan McDermid | Reuters David Cordani, president and CEO of CIGNA Corp., appears on CNBC at the New York Stock Exchange, in New York, March 8, 2018. Cigna CEO David Cordani is “disappointed” famed activist investor Carl Icahn aired his concerns about the health insurer’s acquisition of Express Scripts in …

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Rick Gates reveals affair during questioning in Paul Manafort trial 

Jim Urquhart | Reuters Rick Gates, a former campaign official for U.S. President Donald Trump, departs U.S. District Court after he and Trump’s former campaign manager Paul Manafort attended a hearing in the first charges stemming from a special counsel investigation of possible Russian meddling in the 2016 presidential election …

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HGTV buys, plans to restore ‘Brady Bunch’ house and Lance Bass is cool with it

PG/Bauer-Griffin | GC Images | Getty Images The house used in the American sitcom “The Brady Bunch” has been listed for sale at $1.885 million July 19, 2018 in Los Angeles, California.  The “Brady Bunch” house goes to … HGTV! Discovery CEO David Zaslav announced Tuesday that the home improvement …

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China announces 25% tariffs on $16 billion worth of US goods including crude oil and cars

Qilai Shen | Bloomberg | Getty Images Chinese President Xi Jinping at the Boao Forum for Asia Annual Conference in Boao, China, on April 10, 2018. China said Wednesday it will retaliate against the latest round of U.S. tariffs on Chinese imports. The Chinese Ministry of Commerce announced a 25 …

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Iran reportedly warns a US plan to crush its oil sector is ‘impossible’

Atta Kenare | AFP | Getty Images Iranian Revolutionary Guards drive a speedboat in front of an oil tanker at the port of Bandar Abbas. President Donald Trump’s administration is in no position to reduce Iran’s oil sector to zero, Iranian Foreign Minister Javad Zarif was cited as saying by …

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Samsung to invest $22 billion into new growth areas like A.I. and 5G

SeongJoon Cho | Bloomberg | Getty Images The Samsung Electronics  logo is displayed in a window at the company’s Seocho office building in Seoul, South Korea. South Korea’s largest conglomerate Samsung Group is planning to invest about 25 trillion Korean won ($22 billion) over the next three years into new …

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Civilians from Mar-a-Lago drive US policy on military veterans: Report

Joe Skipper | Reuters President Donald Trump’s Mar-a-Lago estate in Palm Beach is seen from West Palm Beach, Florida, U.S., as Trump prepared to return to Washington after a weekend at the estate, March 5, 2017. An “informal council” of three people who have neither served in the U.S. military …

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Prince Alwaleed says he has acquired a 2.3% stake in Snap

Source: Kingdom Holding Company Evan Spiegel, CEO of Snap and Prince Al-Waleed bin Talal  Prince Alwaleed has also invested in Twitter, JD.com and Lyft, among other companies. Snap has held discussions to expand its presence into Saudi Arabia, sources familiar with the talks told CNBC in April. The company was …

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Tesla news sends bond prices higher

Getty Images Headquarters of Hospital Corporation of America, one of the nation’s largest hospital operators, in Nashville, Tenn. Not long ago, hospital stocks like HCA Healthcare Inc. fell out of favor with investors amid the Trump administration’s push to dismantle Obamacare and news of the health-care venture between Amazon, Berkshire …

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