Escalating tensions between the U.S. and North Korea have highlighted similarities between President Donald Trump and another political heavyweight: Vladimir Putin, according to one leading political analyst. The U.S. president has been accused of responding with undue aggression to continued threats from North Korea and its expanding military arsenal. Charles Hecker, a senior partner at […]
Read moreAmitabh Bachchan is an Indian movie legend who has been called “the undisputed Godfather of Bollywood” and is also known as “Big B,” having starred in almost 200 films. Aged 74, he is still prolific, with three movies coming out in 2017 alone. And he has credited the home of Indian movies, Mumbai, as a […]
Read moreChina’s steel prices are rising, and the government is getting worried about striking the right balance on the markets. China, the world’s largest steel producer, has been working to tackle overcapacity in the sector, as the government seeks to find economic growth outside of heavy industry and manufacturing, The cutbacks also come amid long-time claims […]
Read moreAs lenders in China release their financial report cards this month, investors can expect clearer signs on how well banks in the world’s second-largest economy are holding up against a government-led clamp down on swelling debt. The health of the Chinese banking sector is closely-watched as lenders hold more than 90 percent of total financial […]
Read moreThe two-year-old U.S. diplomatic relationship with Cuba was roiled Wednesday by what U.S. officials say was a string of bizarre incidents that left a group of American diplomats in Havana with severe hearing loss attributed to a covert sonic device. In the fall of 2016, a series of U.S. diplomats began suffering unexplained losses of […]
Read moreBlue Apron’s horrendous six weeks as a public company isn’t killing off the meal-kit market. Rival start-up Chef’d just raised $35.2 million, according to a filing this week with the SEC. Chef’d CEO Kyle Ransford confirmed exclusively to CNBC on Wednesday that pork producer Smithfield Foods invested $25 million. Additionally, Campbell Soup contributed $10 million […]
Read moreGeopolitical tensions involving North Korea are likely to weigh on investors’ minds on Thursday, although some market watchers suggested tensions had ratcheted down. Demand for safe haven assets edged up overnight in response to President Donald Trump’s Tuesday warning of “fire and fury” if North Korea continued to make threats against the U.S. The hermit […]
Read moreIn a blog post on Wednesday, Facebook revealed that it will soon offer users a new way to watch videos on its social network called Watch. Facebook had been rumored to be getting into TV-like shows for months now, but Watch looks more like YouTube. It will let users discover videos outside of their own […]
Read moreSince the beginning of 2017, Jim Cramer has watched the stock of Boeing soar far above the rest of the Dow Jones Industrial average. “The aircraft maker is up more than 50 percent year to date, leaving the second-place performer, Apple, up 39 percent, not shabby, but in the dust,” the “Mad Money” host said, […]
Read moreThe Department of Defense would deploy B-1B bombers in a pre-emptive attack on North Korea if the commander-in-chief ordered such a strike, NBC News reported Wednesday, citing two current and two former senior military officials. The officials told NBC that the attack would originate from the Andersen Air Force Base in Guam. Multiple people told […]
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