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Fabrice Coffrini | AFP | Getty Images President Donald Trump waves after delivering his speech during the World Economic Forum (WEF) annual meeting on January 26, 2018 in Davos, Switzerland. President Donald Trump will attend the World Economic Forum’s annual meeting in Davos, Switzerland in January, the White House announced …
Read More »Monthly Archives: December 2018
Anthony Levandowski claims cross-country trip in self-driving car
Angela Merendino | AFP | Getty Images Anthony Levandowski, Otto Co-founder and VP of Engineering at Uber. Anthony Levandowski, the engineer at the center of a now-settled lawsuit between Alphabet self-driving car company Waymo and Uber, claims he has completed a trip across the country in a self-driving car. Levandowski …
Read More »States demand clarity on Obamacare ruling before Friday to avoid ‘chaos’
Andrew Harrer | Bloomberg | Getty Images Demonstrators in support of U.S. President Barack Obama’s health-care law, the Affordable Care Act (ACA), hold up ‘ACA is Here to Stay’ signs after the U.S. Supreme Court ruled 6-3 to save Obamacare tax subsidies outside the Supreme Court in Washington, D.C., U.S., …
Read More »Major global markets already in bear market, stoking growth fears
The economic headwinds and downbeat sentiment has forced investors to consider to what extent those recent data points could spell more pain ahead for U.S. markets, Despite the recent-sell-off, relatively speaking, the major US indices are outperforming their global peers. The pan-European Stoxx 600 index has fallen more than 15 …
Read More »Trump Foundation agrees to dissolve under judicial supervision
Cheriss May | NurPhoto | Getty Images n the grand lobby of Trump international Hotel, (l-r), Donald Trump Jr., Eric Trump, U.S. Presidential candidate Donald J. Trump, Melania Trump, Tiffany Trump, and Ivanka Trump, cut the ribbon for their latest property, Trump International Hotel – Old Post Office, in Washington, …
Read More »Higher sales of heavy trucks boost Navistar profit
Daniel Becerril | AP Employees work at the assembly line of International brand commercial trucks, owned by Navistar, at the manufacturing plant in Escobedo, on the outskirts of Monterrey, Mexico, June 29, 2017. Truck maker Navistar reported better-than-expected quarterly profit and revenue on Tuesday, as strong freight demand helped drive …
Read More »Sell-off forces Credit Suisse to slash 2019 S&P 500 target
Recent wild rides in the stock market have forced Credit Suisse to cut its forecast for 2019. The bank has slashed its 2019 year-end S&P 500 price target to 2925 from 3350. The new target would be a 15 percent gain from current levels. “Our lower price target reflects recent …
Read More »White House suggests it will back down on $5 billion border wall demand
Mark Wilson | Getty Images White House Press Secretary Sarah Huckabee Sanders speaks to the media in the White House driveway after appearing on a morning television show on December 18, 2018 in Washington, DC. The White House suggested Tuesday that President Donald Trump’s could back down from his demand …
Read More »US Surgeon General Adams declares youth e-cigarette use an ‘epidemic’
Charles Bertram | Tribune News Service | Getty Images Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Several Lexington high schools are concerned about an increase in student vaping. U.S. Surgeon General Jerome M. Adams declared e-cigarette use among kids an “epidemic” in …
Read More »Apple violating Chinese court order despite software update
Feng Li | Getty Images News | Getty Images Apple staff members celebrate as customers coming the Wangfujing store on October 20, 2012 in Beijing, China. Qualcomm said it believes Apple remains in violation of a Chinese court’s orders to stop selling iPhones despite a software update that Apple pushed …
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