Law enforcement officials, technology companies and lawmakers have long tried to limit what they call the “radicalization” of young people over the internet. The term has often been used to describe a specific kind of radicalization — that of young Muslim men who are inspired to take violent action by the online messages of Islamist […]
Read moreEvery generation makes investing mistakes that later generations can learn from. Our grandparents, parents and older siblings all have been blindsided at one time or another from something about investing they got wrong. Like millennials scrambling to master the basics today, earlier generations were never formally taught how to invest. They just went with what […]
Read moreOne fund manager just made a bold, bullish call on energy stocks, even as the sector withers as this year’s worst performer and languishes in a technical bear market. Mark Tepper, president of Strategic Wealth Partners, said in an interview Tuesday on CNBC’s “Trading Nation” that he just went overweight on energy names, even as […]
Read moreA company created by former Apple engineers to build a “smart” pill bottle has been acquired. Start-up Alto Pharmacy, a prescription delivery service, has bought Round Health, whose bottle reminds patients when to take their medicines by lighting up and sending a push notification. Round Health also offers a medication-tracking mobile app with 90,000 monthly […]
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It’s been a tough year for Chevron shareholders, and one trader is betting on even more pain ahead. Energy is the worst-performing sector in 2017, with more than 90 percent of its constituents trading in a correction or worse, including Chevron. The stock was feeling even more pressure this week after CEO John Watson announced […]
Read moreFormer undercover CIA agent Valerie Plame Wilson is looking to crowdfund enough money to buy Twitter so President Donald Trump can’t use it. Wilson launched the fundraiser last week, tweeting: “If @Twitter executives won’t shut down Trump’s violence and hate, then it’s up to us. #BuyTwitter #BanTrump.” The GoFundMe page for the fundraiser says Trump’s […]
Read moreElon Musk unveiled the first picture of the SpaceX spacesuit on Wednesday on his Instagram account. It’s sexy. It’s the “James Bond” version of space gear. That’s very much on purpose. But it’s not easy being sexy in space. In the post, Musk says it “was incredibly hard to balance aesthetics and function. Easy to […]
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Pipeline and energy infrastructure companies face operational challenges in the coming years even as U.S. crude oil drilling recovers and a natural gas export boom gets underway, consulting firm Bain & Company says in a new report. While there is demand for new infrastructure, three trends in the industry could trip up pipeline companies, Bain […]
Read moreBanks are making what could turn out to be an expensive bet that interest rates will stay low for several more years. The level of loans and securities with a duration of longer than three years is at 35.4 percent of total assets, according to data the FDIC released this week. That’s near the highs […]
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Aerospace defense company United Technologies may be targeted by an activist hedge fund, according to a vague report on Wednesday. “An unidentified hedge fund — possibly the New York billionaire’s investment firm Third Point — has been quietly buying up shares of the defense contractor, pressuring it to spin off non-core businesses,” NYPost reported citing […]
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