Former FBI Director James Comey has defended the agency on Twitter, writing, “All should appreciate the FBI speaking up. I wish more of our leaders would.” President Donald Trump and congressional Republicans have been attacking the FBI for its investigation of potential ties between Russia and Trump’s 2016 campaign. Trump […]
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Here are 5 bizarre things you don’t know about Groundhog Day
YORK, Pa. — If you tune into Groundhog Day at Gobbler’s Knob in Punxsutawney, Pa., on Friday, you’ll see a groundhog, men in top hats and — maybe — a shadow. More from USA Today: Groundhog Day 2018 weather forecast: Will Punxsutawney Phil see his shadow?Americans to eat 1.35 billion […]
Amazon shares could rally near 26 percent after earnings beat, analysts say after bullish upgrades
Amazon’s stock received a slew of upgrades from Wall Street analysts on Friday after delivering market-beating earnings. On Thursday, the e-commerce giant reported fourth quarter revenues that beat expectations with the Amazon Web Services (AWS) cloud division helping to propel numbers. Amazon shares closed at $1,390 on Thursday, but after […]
How Tesla’s first truck charging stations will be built
Elon Musk, the chief executive of Tesla, has said little about how he plans to turn his prototype electric truck into reality. But Reuters has learned that Tesla is collaborating with Anheuser-Busch and United Parcel Service to build on-site charging terminals at their facilities as part of the automaker’s efforts […]
Britain’s May gets $13.26 billion in China deals, Xi promises to build on ‘golden era’
British Prime Minister Theresa May left China on Friday with deals worth more than £9.3 billion ($13.26 billion), at the end of a three-trade trade mission where President Xi Jinping pledged to upgrade their “golden era” in relations. Britain is trying to reinvent itself as a global trading nation after […]
There’s a ‘huge’ threat of Russia meddling in US midterm elections, former Democratic aide says
The threat of Russia meddling in the upcoming U.S. midterm elections is “huge,” according to a partner at the law firm Eversheds Sutherland. In fact, the ongoing investigations into Russia’s 2016 meddling are a recognition of that threat, Michael Bahar, a former Democratic staff director for the House Intelligence Committee, […]
Over $100 billion wiped off global cryptocurrency market in 24 hours
Over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday amid concerns over tighter regulation and worries that the bitcoin price was manipulated on a major exchange. The total market capitalization or value of all cryptocurrencies in circulation stood at $405,241,490,138 at 6:30 a.m. London […]
Deutsche Bank posts $2.75 billion Q4 earnings loss, blames U.S. tax reform
German lender Deutsche Bank posted a net loss of 2.2 billion euros ($2.75 billion) in the fourth quarter of 2017 — worse than the net loss of 1.25 billion euros that Reuters analysts had forecast. For the year, the German bank posted a 497 million euro loss ($621 million) compared […]
China’s currency is still nowhere near overtaking the dollar
China is on a drive to promote the use of its currency globally but the yuan is still far from upsetting the greenback, according to an important global metric. Data released this week from Swift, the global interbank system that transfers trillions of dollars worth of currency daily, showed that […]
Sony CEO Kazuo Hirai will be replaced by company CFO
Sony said on Friday that CEO Kazuo Hirai will be replaced by the company’s chief financial officer, Kenichiro Yoshida, effective on April 1. Hirai, who stepped in as CEO in 2012, will become chairman of the electronics and entertainment company. During Hirai’s six-year tenure, Sony has exited or cut back […]