Japan’s Prime Minister Shinzo Abe makes a speech at an opening of a new session of parliament in Tokyo, Japan January 22, 2018. REUTERS/Kim Kyung-Hoon January 24, 2018 By Chang-Ran Kim and Linda Sieg TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Wednesday he would attend the Pyeongchang […]
FAN Editor
Major Asian indexes trade mixed; dollar index briefly slips below 90
Asian markets traded mixed early on Wednesday after Wall Street closed mostly higher as investors stateside focused on earnings releases. The Nikkei 225 slipped 0.45 percent after the index hit a fresh 26-year high on Tuesday. The decline came as the yen firmed. Major automakers, financials and manufacturing companies recorded […]
Boeing completing 787-10 flight tests with GE engines
FILE PHOTO: Visitors take pictures of a model of Boeing’s 787 Dreamliner during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo – RC18EDD572A0 January 24, 2018 By Jamie Freed (Reuters) – Boeing Co <BA.N> has still to complete flight tests on the newly certified […]
Court challenge seeks to block vast California pot farms
LOS ANGELES – An alliance of California marijuana growers is trying to block state rules that they fear could open the way for vast farms that would drive smaller cultivators out of business. Continue Reading Below A lawsuit filed Tuesday in Sacramento by the California Growers Association comes just weeks […]
Will Amazon’s Latest Move Benefit Netflix?
One of the biggest questions concerning the price of streaming video is, “How much is too much?” When Netflix (NASDAQ: NFLX) announced in October that it would be raising the price of its most popular plans, many wondered whether it would result in increased cancellations for the service. Continue Reading […]
Now is the best time to invest in bitcoin, says digital currency hedge-fund manager
Market watchers should invest in bitcoin now that prices are down, says BK Capital Management founder Brian Kelly. “Now, when everyone is saying … it’s over, that’s it, bitcoin is dead, for the 175th time. Now’s the time you start looking at it, on the buy side,” Kelly, portfolio manager […]
Twitter Loses Its Most Important Executive
Just days after rumors surfaced that Twitter (NYSE: TWTR) COO Anthony Noto was considering leaving the company after being offered the CEO spot at finance start-up SoFi, Noto is officially jumping ship. The start-up’s previous CEO stepped down in September amid a sexual harassment scandal. Continue Reading Below Noto will […]
Professor accuses Google of censorship: ‘It was political’
A University of Toronto professor, whose online accounts were briefly shutdown in January, is accusing Google (GOOG) and YouTube of censoring him because of his conservative beliefs. Continue Reading Below “I violated their terms of agreement, apparently. They never said why,” Jordan Peterson told FOX Business’ Ashley Webster. “They just […]
Senate confirms Jerome Powell as Federal Reserve chair
FILE PHOTO: Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017. REUTERS/Joshua Roberts/File Photo January 24, 2018 By Howard Schneider WASHINGTON (Reuters) – The U.S. Senate on Tuesday confirmed Federal […]
SEC says Rio Tinto, ex-CEO, ex-CFO must face fraud case
January 24, 2018 By Jonathan Stempel NEW YORK (Reuters) – The top U.S. securities regulator on Tuesday rejected arguments by Rio Tinto Plc <RIO.L> <RIO.AX> and two former top executives that its civil lawsuit claiming they concealed the plunging value of coal assets owned by the big Anglo-Australian mining company […]