The stock market surging to record highs has nothing to do with the GOP promise of tax reform, CNBC’s Jim Cramer said Friday. “I disagree with the analysis that it’s the tax code,” the “Mad Money” host said. “It’s about worldwide expansion. It’s not about what is happening in this country.” Some analysts on Wall […]
Read moreCooking up a three-course dinner at home is always achievable when you’ve got everything on hand, but what if you wanted to take these culinary skills and your kitchen on the road? That’s exactly what one famous British chef set out to do. Celebrity chef and TV personality Jamie Oliver has recently teamed up with […]
Read moreDisney’s planned streaming services rival to Netflix will cut into the media giant’s profits, according to one Wall Street firm. Jefferies reduced its earnings per share estimates for Disney, saying its new strategy will require significant investments. Disney announced plans in August to launch a branded direct-to-consumer streaming service in 2019 and an ESPN streaming […]
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Investors are missing out on billions of dollars thanks in part to some large-cap tech stocks. If Alphabet, Amazon and Facebook (along with Berkshire Hathaway) paid shareholder dividends at the 2.37 percent average yield of other S&P 500 companies that do so, it would shake out another $32.2 billion for investors, according to Howard Silverblatt, […]
Read moreCatalonia’s parliament will meet on Monday in defiance of a legal process to clamp down on those who want independence for the region, the Catalan head of foreign affairs said on Friday. In a deepening standoff between those who support independence for the wealthy northeastern region and the Spanish central government, Raul Romeva told the […]
Read moreA new controversial way of raising funds with less regulation has captivated the attention of investors, it’s called an initial coin offering, or ICO. An ICO is a fundraising vehicle, typically for start-ups. Investors send some form of currency, usually bitcoin or ethereum, to the company. In exchange, they get an entirely new cryptocurrency. But […]
Read moreIn middle school, Eileen Lowry swapped her band class out to try her hand at computer science. She hasn’t looked back since. “I’ve always been fascinated with ‘how do things work?'” Today, she’s tackling what some analysts are calling the most transformative technology since the dawn of the internet as a program director for IBM […]
Read moreThe rise of populist politics in Italy should still be front and center for investors in Europe, despite recent tensions in Spain with Catalonia possibly declaring independence in the coming days. “Italy is not generating sustained growth and it still has the issue of bad loans,” a Brussels-based official, who preferred to remain anonymous due […]
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ADELAIDE, Australia — As technology becomes more widely available and less expensive more private companies are getting into space than ever before. At the International Astronautical Congress, in Adelaide, Australia, that booming industry was readily apparent. The event, the world’s largest space conference, brought together astronauts, governments, private companies and researchers. Elon Musk was in […]
Read moreThe way large U.S. firms are taxed in the European Union is posing major challenges for France, the country’s finance minister told CNBC Thursday. Bruno Le Maire, the recently appointed French finance minister, is at the forefront of an initiative to impose an “equalization tax” for tech companies across the EU — a potential new […]
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