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Monthly Archives: March 2019

US consumer confidence weakens in March

Kamil Krzaczynski | Reuters A shopper makes a purchase at the J.C. Penney department store in North Riverside, Illinois. American consumers were feeling less confident this month amid continued volatility in the financial markets. The Conference Board, a business research group, says its consumer confidence index fell to 124.1 in …

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3 tech safety trades you can hide in as bond yields fall

Bond yields have tumbled as global economic fears have heightened. For those seeking safety in the tech trade, these three sector plays could provide shelter, says Ari Wald, Oppenheimer’s head of technical analysis. “Key for us is seeing this drop in interest rates the world over and signaling the threat …

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Michael Avenatti denies extortion, accuses Nike of ‘crime and coverup’

Louis Lanzano | Bloomberg | Getty Images Michael Avenatti, attorney and founding partner of Eagan Avenatti LP, speaks to members of the media outside the federal court in New York, U.S., on Monday, March 25, 2019. Celebrity attorney Michael Avenatti denied on Tuesday that he had tried to shake down …

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Goldman analysts are underwhelmed by the new Goldman Sachs-Apple card

Michael Short | Getty Images Jennifer Bailey, vice president of Apple Pay, speaks during an Apple product launch event at the Steve Jobs Theater at Apple Park on March 25, 2019 in Cupertino, California. Goldman Sachs research analysts are less than impressed by the bank’s jointly-created credit card with tech …

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Apple News+ crashing on first day

Michael Short | Getty Images Roger Rosner, vice president of applications at Apple Inc., speaks during a company product launch event at the Steve Jobs Theater at Apple Park on March 25, 2019 in Cupertino, California. Just one day after a splashy and star-studded Apple event where the company announced …

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Nissan reportedly paid to send Carlos Ghosn’s 4 children to Stanford

Takaaki Iwabu | Bloomberg | Getty Images Carlos Ghosn, former chairman of Nissan Motor Co., center, sits in a taxi as he leaves his lawyer’s office in Tokyo, Japan, on Wednesday, March 6, 2018. Nissan reportedly paid to send all four of former chairman Carlos Ghosn’s children to Stanford University, …

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Conor McGregor announces his retirement from UFC

Getty Images UFC featherweight champion Conor McGregor poses after a news conference with lightweight contender Nate Diaz at UFC Gym February 24, 2016, in Torrance, California. Controversial Irish fighter Conor McGregor announced his retirement from Mixed Martial Arts (MMA) on Tuesday, five months after losing to Khabib Nurmagomedov in a …

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Cisco introduces Decibel, an early-stage venture firm with Jon Sakoda

Jon Oberheide, co-founder and CTO of Duo Security Jon Sakoda and Marty Roesch, founder and CTO of Sourcefire (upper right), at a dinner for founders in San Francisco. For example, Duo co-founder and technology chief Jon Oberheide, who sold his company to Cisco for over $2 billion last year, is …

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Analysts react to Apple’s new services.

Noah Berger | AFP | Getty Images Apple CEO Tim Cook speaks during an event launching Apple tv+ at Apple headquarters on March 25, 2019, in Cupertino, California. Apple unveiled several new services at a press event on Monday and analysts were left with more questions than answers. The new …

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Mobile internet penetration brings ‘awakening’ in China, investor says

Nicolas Asfouri | AFP | Getty Images A woman uses an Apple iPhone inside a shopping mall in Beijing on January 3, 2019. Chinese internet users are increasingly accessing the web on their mobile devices. As a result, even those in more rural areas in the country are going through …

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