Casino mogul Steve Wynn has stepped down as finance chairman for the Republican National Committee just over 24 hours after publication of multiple allegations of sexual assault and harassment against him. RNC Chairwoman Ronna McDaniel issued a statement saying, “Today I accepted Steve Wynn’s resignation as Republican National Committee Finance […]
FAN Editor
Big cryptocurrency investors are taking a pass on Telegram’s much-hyped initial coin offering
Some of the most prominent investors in cryptocurrency are passing on a much-hyped initial coin offering hosted by the messaging app Telegram, while the venture firms that have largely missed out are preparing to invest. That role reversal is crystallizing ahead of a deadline to decide whether to participate in […]
Colombia bomb attack kills at least three police, wounds 14
General Jorge Nieto visits the scene of the attack in the District San Jose, where investigators carry out tasks of collecting evidence, in Barranquilla, Colombia January 27. 2018. Colombia National Police/Handout via REUTERS January 27, 2018 BOGOTA (Reuters) – At least three police officers were killed and 14 wounded on […]
Michigan special prosecutor to probe university in Nassar case
FILE PHOTO: Larry Nassar, a former team USA Gymnastics doctor, who pleaded guilty in November 2017 to sexual assault charges, returns from a break to listen to victim testimony in the courtroom during his sentencing hearing in Lansing, Michigan, U.S., January 23, 2018. REUTERS/Brendan McDermid/File Photo January 27, 2018 By […]
Honduran president sworn in amid protests after election chaos
Honduran President Juan Orlando Hernandez, accompanied by his wife Ana Garcia de Hernandez and President of the National Congress of Honduras Mauricio Oliva, is sworn in for a new term during his inauguration ceremony at the Tiburcio Carias Andino National Stadium in Tegucigalpa, Honduras January 27, 2018. REUTERS/Jorge Cabrera January […]
General Electric Earnings: Strong Results Where It Matters Most
Shares of industrial behemoth General Electric (NYSE: GE) have been in a tailspin ever since the company named John Flannery as its new CEO last June. Flannery hasn’t exactly done anything wrong — rather, he revealed that there had been huge problems brewing under the surface for some time, especially […]
3 Reasons Celgene’s Investors Should Applaud the Juno Therapeutics Buyout
In case you missed it, it turns out the rumor was true. Biotech giant Celgene (NASDAQ: CELG) recently announced that it had agreed to acquired Juno Therapeutics (NASDAQ: JUNO) for $9 billion. This represents the company’s largest acquisition in its history. Continue Reading Below Should shareholders cheer this news, or […]
Will This Display Technology Become the New Gold Standard In 2018?
Lots of new TVs and other device displays using OLED technology were exhibited at the 2018 Consumer Electronics Show (CES) in Las Vegas. The technology has been around awhile, but adoption has been slow for a variety of factors. However, manufacturers continue to increase their use of the displays, and […]
Why Investors Should Pay More Attention to Trucking
Trucking doesn’t get enough love. U.S. demand for freight trucking is massive and shows no sign of slowing down, and new legislation and technology are shaking up the industry in a huge way. In this week’s episode of Industry Focus: Energy, Sarah Priestley talks with Seth Clevenger from Transport Topics […]
Steve Wynn resigns as RNC finance chair role amid misconduct allegations
Casino magnate Steve Wynn resigned from his post as head of the Republican National Committee’s finance committee, as the billionaire was battered by claims of sexual misconduct that have sent his company’s stock reeling. In a brief statement, RNC Chair Ronna Romney-McDaniel confirmed that Wynn — a prominent supporter of […]