Tech has been on a tear, hitting another all-time high on Friday, but one trader is betting more than $50 million that the rally could be coming to an end over the next twelve months. Apple, Facebook, Amazon, Microsoft and Alphabet make up 40 percent of the Nasdaq 100 ETF […]
FAN Editor
Trump says he will ‘always be’ with ‘wonderful people of Puerto Rico’
A day after suggesting he would pull federal aid from hurricane-ravaged Puerto Rico, President Donald Trump tried Friday to provide assurance that he will “always be with” the Puerto Rican people. Trump also suggested that Puerto Ricans “know how bad things were before” Hurricane Maria hit the island in September. […]
New Jersey to join Nevada, Delaware in online gambling pact
TRENTON, N.J. – Gamblers in New Jersey, Nevada and Delaware will soon be able to wager against each other online in games like poker. Continue Reading Below Players in Nevada and Delaware have been able to play online poker against each other since 2015. The agreement announced Friday by New […]
Illinois to sell $6B of bonds to a skeptical market
Investor skepticism that Illinois can climb out of a deep fiscal hole will loom over the state’s $6 billion sale of tax-exempt bonds into the U.S. municipal market set to start next week. Continue Reading Below The fifth-largest U.S. state will have to demonstrate that it is willing and able […]
Qualcomm files lawsuits in China to ban iPhones: Bloomberg
Qualcomm Inc filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s iPhones in the country, Bloomberg reported on Friday. Continue Reading Below Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, Bloomberg said, citing a Qualcomm spokeswoman. (https://bloom.bg/2z6qMwu) Apple’s shares […]
Trump touts First Amendment rights for religious groups
President Donald Trump fervently advocated for religious liberty in a speech before a group of conservative Christian voters Friday, citing the protection of religious freedom guaranteed by the First Amendment, even as his critics pointed to that same amendment earlier in the week as he suggested blocking freedom of the […]
UK’s Johnson to visit Moscow this year to discuss security
October 13, 2017 LONDON (Reuters) – British foreign minister Boris Johnson will travel to Moscow later this year to discuss international security issues, the British government said on Friday. Johnson canceled what would have been the first visit to Russia in five years by a British foreign secretary in April […]
President Trump to decertify Iran nuclear deal in major shift in U.S. policy
U.S. President Donald Trump addresses the 2017 Values Voter Summit in Washington, DC, U.S. October 13, 2017. REUTERS/Yuri Gripas October 13, 2017 By Steve Holland and Jeff Mason WASHINGTON (Reuters) – U.S. President Donald Trump will strike a blow against the 2015 Iran nuclear agreement in defiance of international support […]
ECB’s Draghi sees insufficient inflation progress
European Central Bank (ECB) President Mario Draghi waits to address the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 25, 2017. REUTERS/Francois Lenoir October 13, 2017 WASHINGTON (Reuters) – The euro zone continues to need substantial monetary stimulus as the European Central Bank has not yet managed […]
Will Facebook’s food delivery service threaten GrubHub’s business model?
Facebook (FB) rolled out its service allowing food ordering directly from its website on Friday, months after the company originally expressed interest in joining the fast-growing food delivery business. Continue Reading Below “We’re launching the ability to order food for pick-up and delivery, directly on Facebook. People already go to […]