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Monthly Archives: November 2018

Bitcoin plunges 15% to $4,200, a new low for the year  

Some cryptocurrrency analysts pointed to Securities and Exchange Commission enforcements against multiple cryptocurrency projects last week for the precipitous drop this week. The SEC announced its first civil penalties against cryptocurrency founders on Friday as part of a wide regulatory and legal crackdown on abuses and outright fraud in the …

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CVS anticipates closing Aetna acquisition to close after Thanksgiving

Cameron Costa | CNBC Larry Merlo, CEO of CVS and Mark Bertolini, CEO of AETNA appear on Squawk Box on Dec. 4th, 2017. CVS Health now anticipates its roughly $69 billion acquisition of health insurer Aetna to close after Thanksgiving, the company said Tuesday in a regulatory filing. Executives earlier …

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US firms aren’t ready to leave China despite trade war, analysts say

But the desire to look outside China doesn’t mean leaving the country altogether. Rather than investing more in a Chinese factory, a foreign company may invest more in another country, such as Vietnam, Nick Marro, a Hong Kong-based analyst with The Economist Intelligence Unit, said in a phone interview Friday. …

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Bezos’ new ‘shadow’ adviser at Amazon is a woman of Chinese descent

David Paul Morris | Bloomberg | Getty Images Amazon CEO Jeff Bezos (l) and Fiat Chrysler chairman John Elkann walk the grounds at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2018. Amazon CEO Jeff Bezos has a new “shadow” adviser, a role …

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How to use iPhone keyboard like a mouse by holding space button

Nicolas Asfouri | AFP | Getty Images A Chinese couple use their smartphones in a street in Beijing on May 29, 2016.  There’s an Apple iPhone trick that people started talking about recently, and it’s really useful for editing blocks of text after you begin typing. Normally, if you’re writing …

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Payments company Square drops 10 percent amidst a broader tech sell-off

Louis Ascui | Fairfax Media | Getty Images Jack Dorsey, CEO of Square Shares of payments company Square dropped 10 percent Monday as major tech stocks struggled to find footing. Square’s stock fell 10 percent to roughly $63 after, bringing its one-month losses to 14 percent. Shares of the San …

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Trump-backed criminal justice reform bill faces uphill battle in Congress

Jim Watson | AFP | Getty Images US President Donald Trump makes an announcement regarding the ‘First Step Act’ prison reform bill, at the White House in Washington, DC, on November 14, 2018. The new bipartisan criminal justice reform bill backed by President Donald Trump could reduce thousands of sentences …

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Michelle Obama’s ‘Becoming’ is Barnes & Noble’s fastest-selling book of 2018

Kamil Krzaczynski | Reuters Former first lady Michelle Obama signs copies of her memoir “Becoming” at the Seminary Co-op Bookstore in Chicago, Illinois, U.S., November 13, 2018. Former first lady Michelle Obama’s memoir “Becoming” has become the fastest-selling book of 2018 at Barnes & Noble, surpassing the Trump administration tell-all …

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Beto O’Rourke prodded by supporters to run in 2020 for president or Senate

Mike Segar | Reuters Rep. Beto O’Rourke (D-TX), candidate for U.S. Senate speaks with reporters after voting in the 2018 midterm elections in El Paso, Texas, U.S., November 6, 2018. Rep. Beto O’Rourke, who became a Democratic superstar during his competitive but ultimately losing campaign against GOP Sen. Ted Cruz, …

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Mitsubishi will propose removing Ghosn from board

Marlene Awaad | Bloomberg | Getty Images Carlos Ghosn, chairman of the alliance between Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pauses during a Bloomberg Television interview at the Paris Motor Show in Paris, France, on Tuesday, Oct. 2, 2018.  Mitsubishi will propose removing embattled executive Carlos Ghosn …

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