Facebook has recently hired former New York Times public editor Liz Spayd on a consulting basis to help manage the company’s efforts around giving users more “transparency” into how the massive social network makes decisions. A Facebook spokesperson said that her job would be to help expand early moves to chronicle what it does related […]
Read moreJim Cramer may not be a chartist, but he understands why charts are so important for predicting the market’s major moves. “You must consider them as if they are footprints at a scene of a crime. These footprints trace out what big money managers might be doing with their buying and selling of stocks,” the […]
Read moreNorth Korea early on Saturday fired an unidentified projectile into the sea off its east coast from its eastern Kangwon province, South Korea’s military said. The South Korean military official confirmed to NBC News that Pyongyang fired a projectile into the East Sea. The official also said that the launch was immediately reported to President […]
Read moreJeffrey Cohn runs a program that trains and grooms future CEOs — and he said that Uber’s board isn’t doing the best job of it at the moment. The ride-hailing start-up has been without a CEO since June, when founder Travis Kalanick stepped down following a wave of bad publicity. Since then, the board has […]
Read moreInvestors are pulling billions from the stock market, and for widely followed strategist Jim Paulsen, that’s a good sign. For 10 straight weeks a total of $30 billion has left U.S. stocks, according to a recent report by Bank of America Merrill Lynch. It marks the longest streak of outflows since 2004. “I really like […]
Read moreRide-hailing pioneers Uber may be stemming losses and increasing bookings. But the company is still embroiled in bad PR and lawsuits on several fronts. Those distractions, combined with a vacuum in management there, leave Uber at serious risk of losing business to competitors like Lyft. On Friday, Uber’s former director of product design, Ethan Eismann, […]
Read moreInternet stocks have crushed the market this year, and one Wall Street firm believes the strong performance will continue. Jefferies’ research team shared its top internet stock ideas in a note to clients Thursday. “We take a deep dive into the current state of the internet and interactive entertainment sectors, examining themes such as cloud […]
Read moreNew methods for treating the rising opioid epidemic in America may be found in the brains and behavior of drug-addicted tropical fish, says a new study. A team of researchers from the University of Utah Health got a tank full of zebrafish hooked on opioids and found they showed many of the same drug-seeking behaviors […]
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Investors are fleeing U.S. stocks in a way they haven’t since 2004. For 10 straight weeks a total of $30 billion has left U.S. stocks, marking the longest streak of outflows since 2004, Bank of America Merrill Lynch said in a Thursday report, citing EPFR Global data. Investors turned instead to emerging markets and European […]
Read moreA U.S. Democratic senator on Friday questioned the Federal Trade Commission’s quick approvalof Amazon‘s purchase of Whole Foods Market this week, less than three months after the $13.7 billion deal was announced. The FTC said on Wednesday that it had ended its antitrust investigation without seeking a second request for additional information on a deal […]
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