The U.S. military flew two Air Force B-1B Lancer bombers over the Korean Peninsula in a show of force late on Tuesday amid high tensions over North Korea’s nuclear and missile programs, South Korea’s military said. The two B-1B bombers were accompanied by two F-15K fighters from the South Korean military after leaving their base […]
Read moreAsia’s Wednesday trading is set to take its cues from signs of confidence elsewhere: U.S. Stocks edged up and the euro firmed overnight after Catalonia held back on an outright declaration of independence. Catalonia’s leader on Tuesday asserted that Catalonians had won the rights to independence, but held off declaring the region’s separation from Spain. […]
Read moreWith news of the proxy battle between Procter & Gamble and activist investor Nelson Peltz coming to a close, CNBC’s Jim Cramer shared his thoughts on the practice of activism. “This is very much a case-by-case thing,” the “Mad Money” host said. “There are some ‘scorched earth’ activists who seem to specialize in creating ill […]
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CNBC’s Jim Cramer knows that a juggernaut stock market can be instrumental in sending technology stocks soaring. “That goes double for the semiconductor space, the chipmakers that make big-picture themes like autonomous driving, internet of things, artificial intelligence, mobile, gaming [and] the data center … possible,” the “Mad Money” host said. “Strength in the semis […]
Read moreWall Street may not be crazy about bitcoin, but it is intrigued by its use of blockchain technology. Today, private equity transactions that use leveraged buyouts financed with debt can take 20 to 30 days to close and settle, said James Disney, Credit Suisse’s global head of software investment banking. With blockchain technology, he said, […]
Read moreIt was a case of spies watching spies watching spies: Israeli intelligence officers looked on in real time as Russian government hackers searched computers around the world for the code names of American intelligence programs. What gave the Russian hacking, detected more than two years ago, such global reach was its improvised search tool — […]
Read moreWal-Mart trading volume was huge today, more than three normal as investors love the emphasis on e-commerce and another massive $20 billion buyback. You can buy a lot of Wal-Mart stock for $20 billion. It’s about 8 percent of the shares outstanding at the current price, but it doesn’t even come close to the biggest […]
Read moreU.S.-based cyber firm Symantec is no longer allowing governments to review the source code of its software because of fears the agreements would compromise the security of its products, Symantec Chief Executive Greg Clark said in an interview with Reuters. Tech companies have been under increasing pressure to allow the Russian government to examine source […]
Read moreImpossible Objects has developed commercial 3-D printers that can churn out parts that are ready-to-use in cars, planes, computers and more. Many 3-D printers can form prototypes, but not components that are structurally sound enough to be used in final products, especially if those products need to fly or drive. According to Impossible Objects CEO […]
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A number of big companies have recently announced spinoffs, a corporate action that typically occurs at the top of bull markets as executives grasp for ways to keep shareholders happy. On Tuesday, Honeywell International and Pfizer both announced plans to shed or consider spinning off certain business units. The number of completed U.S. spinoffs tracked […]
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