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Monthly Archives: April 2018

U.S. Treasury Sets Borrowing Record In First Quarter–Treasury Secretary Steve Mnuchin–What Me Worry?

In the period from January through March, the U.S. Treasury borrowed $488 billion. That’s a record for the quarter and $47 billion more than...

Facebook’s Privacy Changes Leave Developers Steaming

SAN FRANCISCO — For years, Cubeyou made a business out of personal data on Facebook. The company had unfettered access to Facebook users’ information,...

Chinese Firm Scraps Deal to Buy Anthony Scaramucci’s Hedge Fund

Anthony Scaramucci, the Wall Street investor whose short tenure as President Trump’s White House communications director elevated him to national prominence, is not going...

Gig Economy Business Model Dealt a Blow in California Ruling

In a ruling with potentially sweeping consequences for the so-called gig economy, the California Supreme Court on Monday made it much more difficult for...

It Took 17 Years: Freelancers Receive $9 Million in Copyright Suit

Seventeen years after nearly 3,000 freelance journalists filed a class-action lawsuit claiming copyright infringement by some of the country’s biggest publishers, the checks are...

White House Delays Tariffs on E.U., Canada and Mexico for 30 Days

WASHINGTON — The Trump administration has delayed a decision about whether to impose steel and aluminum tariffs on the European Union, Canada and Mexico...

Did Michelle Wolf Kill the White House Correspondents’ Dinner?

As the power elite of Washington filed out of the White House Correspondents’ Association dinner on Saturday, chattering about the rough-and-tumble set by the...

Mcdonald’s Jumps On Earnings Beat

McDonald’s reported a solid earnings beat of 12 cents a share ($1.79 vs expectations for $1.67) before the market opened today, April 30. Revenue...

Positive Catalysts Are Intact For Nektar Therapeutics

Shares of biotech rocket Nektar Therapeutics (NKTR) are down 23.25% since they traded at $106.91 on March 21, 2018. I can’t find evidence that the...

WhatsApp Co-Founder Leaving Facebook’s Board Amid User Data Disputes

SAN FRANCISCO — Jan Koum, who sold the messaging app WhatsApp to Facebook for $19 billion and became a board member of the social...

Bulls Get April Win 04-30-2018

MARKET SUMMARY U.S. markets opened in positive territory following another round of solid earnings reports and a wave of M&A news. However, the gains started...

Ashley Judd Sues Harvey Weinstein, Saying He Harmed Her Career

LOS ANGELES — Ashley Judd sued Harvey Weinstein on Monday, opening a new legal battlefront for the disgraced film producer by claiming that her...
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