President Donald Trump’s doubts about the war in Afghanistan has led to a delay in completing a new U.S. strategy in South Asia, skepticism that included a suggestion that the U.S. military commander in the region be fired, U.S. officials said on Wednesday. During a July 19 meeting in the White House Situation Room, Trump […]
Read moreFacebook CEO Mark Zuckerberg and his wife, Priscilla Chan, hired a Democratic pollster and former top advisor to President Barack Obama as a consultant, according to a report from Politico. The report, citing a person familiar with the matter, said Joel Benenson and his company, Benenson Strategy Group, will conduct research for the couple’s philanthropy […]
Read moreAlphabet CEO Larry Page appears far removed from making decisions about the company’s self-driving car unit, based on answers he gave in a legal deposition last month. The two-hour deposition on July 17 was conducted by lawyers for Uber, which is locked in a high-stakes legal battle with Alphabet’s Waymo division over a key autonomous-vehicle […]
Read moreThe same laws used to dismiss Pakistan’s former Prime Minister Nawaz Sharif could effectively be applied to other lawmakers, spelling potential political upheaval and a stronger military — unsavory scenarios for the nuclear power’s fragile democracy. Last Friday, the Supreme Court dismissed the 67 year-old on a failure to announce income in disclosure papers for […]
Read moreThe Dow closed above the 22,000 level and the dollar dropped to its lowest levels in more than two-and-a-half years against the euro ahead of Asia’s Thursday market open. The Dow Jones industrial average rose 0.24 percent to close at a record 22,016.24, breaching the 22,000 level just 107 trading days after the index cleared […]
Read morePresident Donald Trump is expected to make a speech and sign a memorandum at the White House on Friday that will target China’s intellectual property and trade practices, senior White House officials told CNBC. Three top Democratic senators, in a rare show of bipartisanship, on Wednesday urged the president to stand up to Beijing. Senate […]
Read moreTesla is not considering raising more equity at this point, CEO Elon Musk said Wednesday “We are not at this point considering an equity raise, we are thinking about debt,” Musk said on the company’s second-quarter earnings call. “But we are not thinking about an equity raise.” Some analysts have expected Tesla to return to […]
Read moreJim Cramer hates days like Wednesday when the stock market seems to reel at ostensible milestones like the Dow Jones average crossing above 22,000. The “Mad Money” host said that action like that will likely draw more erroneous comparisons to the dotcom bubble of 2000, which he maintained is far from what we are seeing […]
Read moreThe Dow jumped across the 22,000 marker for the first time Wednesday, and a wave of earnings news Thursday could keep it going. The Dow crossed 22,000 107 trading days after it crossed 21,000, on March 1. Since then, Boeing has contributed more than 370 points of its gain; McDonald’s 180 points and UnitedHealth, 170 […]
Read moreIt might not seem like Royal Caribbean, AMC Entertainment, General Motors and Apple have much to do with each other, but Jim Cramer begs to differ. “In fact, though, they have everything to do with each other,” the “Mad Money” host said. “They’re all about the revolution in how the consumer spends his time, but […]
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