Chancellor Angela Merkel said on Sunday she was optimistic her conservatives and the Social Democrats (SPD) could agree to join forces as they embarked on five days of talks about reviving the ‘grand coalition’ that has governed Germany since 2013. Persuading the SPD to team up with her is Merkel’s best bet of forming a […]
Read moreJapanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term. Kuroda was handpicked by Abe to take the helm of the central bank in 2013 to deploy a massive […]
Read moreCurrency, United States Finance
Iran's Revolutionary Guard says unrest created by foreign enemies has been defeated
Iran’s Revolutionary Guard said on Sunday the country’s people and security forces had defeated unrest fomented by foreign enemies, as parliament and key security officials met to discuss the boldest challenge to the clerical establishment since 2009. “Iran’s revolutionary people along with tens of thousands of Basij forces, police and the Intelligence Ministry have broken […]
Read moreSilicon Valley celebrates the massive exits and the brilliant entrepreneurs behind them. There’s Facebook’s Mark Zuckerberg, Snap’s Evan Spiegel, Salesforce’s Marc Benioff and Twitter’s Evan Williams, just to name a few. But the overwhelming majority of start-up founders are a lot more like Paul Edmondson than any of the aforementioned celebrities. Edmondson poured 12 years […]
Read moreHere’s a roundup of the most important deals in venture capital from the past week. Apple is acquiring Vancouver-based Buddybuild for an undisclosed sum, the start-up announced on Tuesday. Buddybuild makes tools that help programmers avoid and fix bugs in their software, and to generally keep each other apprised about changes made to code they’re […]
Read moreQualcomm on Friday said it’s working on updates for products that are affected by recently announced chip-level security vulnerabilities. These vulnerabilities, first disclosed earlier this week by security researchers from Google and other organizations, have already wiped billions in value from Intel, whose chips are among those affected. They have also forced many software and […]
Read moreDigital currency ripple has blown past its cryptocurrency rivals largely because it is working with large institutions, which give it an aura of legitimacy and practicality. However, cryptocurrency enthusiasts say that centralization is the exact opposite of what the technology of the digital currencies should be about. “The reason ripple is surging so much is […]
Read moreIt used to be common sense that investors couldn’t simply realize that it’s cold outside, buy shares in a “cold weather play” like Canada Goose and make money, CNBC’s Jim Cramer said on Friday. But in this market, Cramer has watched common-sense investing come back into the fold as a winning strategy. “Now, I’m not […]
Read moreThe stock market’s bullish reaction to Friday’s placid jobs report from the U.S. Labor Department gave CNBC’s Jim Cramer pause as he looked ahead to next week. “Once again, this market is downright shocking,” the “Mad Money” host said. “The bank stocks had been rallying for days because the economy’s red-hot, hot enough that the […]
Read moreLast year was the year of the tech mega-cap, with the six most valuable companies in the world now coming from that industry. Yet, even with the consolidation of money and power, 2017 featured a notable dearth of large tech deals. Don’t expect 2018 to be so quiet. As Alphabet, Amazon and Apple expand their […]
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