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Alex Wong | Getty Images Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland. Retail giant Amazon has selected New York City and Northern Virginia as …
Read More »Monthly Archives: November 2018
Stocks making the biggest moves after hours: PG&E, Eventbrite and more
David Paul Morris | Bloomberg | Getty Images Pacific Gas & Electric Co. (PG&E) employees work to fix downed power lines burned by wildfires in this aerial photograph taken above Santa Rosa, California, U.S., on Thursday, Oct. 12, 2017. Check out the companies making headlines after the bell: PG&E shares …
Read More »Kellogg exploring a sale of Keebler, Famous Amos and fruit snack units
Luke Sharrett | Bloomberg | Getty Images An American flag flies near signage displayed on top of the Kellogg plant in Memphis, Tennessee. Kellogg is selling its Keebler, Famous Amos and fruit snacks businesses, making it the latest Big Food company to look to pare down to focus on its …
Read More »Trump to meet with team to discuss European auto tariffs: Report
Jabin Botsford | The Washington Post | Getty Images President Donald J. Trump and Jean-Claude Juncker President of the European Commission walk out for a joint statement about how the US will work with the European Union to try and eliminate trade tariffs, in the Rose Garden of the White …
Read More »Don’t blame Monday’s market rout entirely on Apple. Global growth and the Fed are issues
Drew Angerer | Getty Images News | Getty Images NEW YORK, NY – OCTOBER 25: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, October 25, 2018 in New York City. The market is boxed in due to the problems …
Read More »Apple analysts have a long history of misreading weak iPhone demand
Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Stop me if you’ve heard this one before: An Apple analyst cuts iPhone shipment estimates based …
Read More »Signet Jewelers, Tiffany shares fall as De Beers cuts diamond prices
Timothy A. Clary | AFP | Getty Images A model shows off a diamond ring and bracelet as she stands outside the entrance of a Tiffany & Co. store. Signet Jewelers and Tiffany & Co. shares fell on Monday as De Beers reduced its low-end diamond prices by up to …
Read More »Marvel Comics legend Stan Lee dead at 95
Erika Goldring | Getty Images Stan Lee at Wizard World Comic Con, January 6, 2018 in New Orleans, Louisiana. Stan Lee, one of the masterminds of the Marvel Comics universe, has died at 95. Lee was the creator of dozens of now-iconic comic-book heroes, including Spider-Man, X-Men, the Avengers, the …
Read More »Cutting back on social media reduces loneliness, depression, study finds
Matt McClain | The Washington Post | Getty Images Facebook CEO, Mark Zuckerberg Limiting the use of Facebook, Instagram and Snapchat directly leads to reductions in loneliness and depression, according to a recent study published by researchers at the University of Pennsylvania. The study is titled “No More FOMO: Limiting …
Read More »Trump reportedly obsessed with tariffs on foreign cars
Rebecca Cook | Reuters A Ford Motor assembly worker prepares to attach a door to a 2018 F150 pick-up truck at Ford’s Dearborn Truck Plant in Dearborn, Michigan, September 27, 2018. President Donald Trump is focused on crushing overseas automakers with heavy tariffs, now seeing the threat of further car …
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