Russia-linked Facebook ads during last year’s U.S. presidential election mainly focused on the states of Michigan and Wisconsin, CNN reported on Tuesday. The ads targeted key demographic groups and used divisive messages including promoting anti-Muslim sentiment, the report said, citing sources. Wisconsin and Michigan were among the handful of battleground states that helped Donald Trump […]
Read moreUAE-based Abu Dhabi Future Energy (Masdar) and EDF Energies Nouvelles, a wholly-owned unit of France-based EDF, have submitted the lowest bid to build the first utility-scale solar plant in Saudi Arabia, results seen by Reuters show. The 300-megawatt solar photovoltaic project is in Sakaka, the Al Jouf Province in the north of the kingdom. The […]
Read moreShares of Japan Display jumped as much as 24 percent on Wednesday after the Nikkei business daily reported the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and would start as early as in 2019. The Nikkei said Japan Display had started approaching dozens of potential investors including Sony and […]
Read moreIn an interview with Fox News, President Donald Trump said that Puerto Rico’s debt will have to wiped out. “They owe a lot of money to your friends on Wall Street and we’re going to have to wipe that out. You’re going to say goodbye to that, I don’t know if it’s Goldman Sachs but […]
Read moreThe death toll in Puerto Rico from Hurricane Maria has more than doubled to 34, a spokesman for Governor Ricardo Rosello said on Tuesday. The worst hurricane to hit the U.S. territory in more than 90 years directly killed 19 people, said Pedro Cerame, the governor’s director of communications in Washington. Just hours earlier when […]
Read moreAsia is set for a mixed trading day on Wednesday, even after U.S. equities closed higher overnight. In Japan, the Nikkei 225 was up 0.23 percent at 20,662.48 in early trade and the Topix index advanced 0.1 percent. Fast Retailing shares were up 1.73 percent after reports said same-store sales at its Uniqlo retail outlets […]
Read more“Bond King” Jeffrey Gundlach has an unusual pick for who President Donald Trump will choose to be the next Federal Reserve chief. “I actually have a very non-consensus point of view. I think it’s going to be Neel Kashkari,” the the CEO of DoubleLine Capital told the Vanity Fair New Establishment Summit on Tuesday in […]
Read moreDespite his decades on Wall Street, sometimes CNBC’s Jim Cramer is downright bewildered by how strongly the market trades regardless of the news flow. “In a stampeding bull like this one, the level of optimism can feel borderline delusional,” the “Mad Money” host said. “There’s a total suspension of skepticism, along with a widespread belief […]
Read moreUber said on Tuesday that it will accept an investment from Japanese tech investor SoftBank, joining a growing portfolio of U.S. technology investments made by intrepid mogul Masayoshi Son. The investment is roughly $1 billion, according to The Wall Street Journal, and allots two board seats. Uber told CNBC: “Today, after welcoming its new directors […]
Read moreESPN’s upcoming digital service will give viewers access to content not seen on TV , Disney CEO Bob Iger told CNBC’s “Fast Money.” The “add-on” service will let people watch ESPN content via mobile app. To watch, viewers will have to provide information from their current cable, satellite or over-the-top streaming services. The same app […]
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