SoftBank Group plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate’s transformation into a global technology investor. The parent will sell some 30 percent of SoftBank. It plans to apply to the Tokyo Stock Exchange […]
CNBC News
North Korean media threatens Olympics pull out after Seoul praises Trump
Pyongyang could still pull out from the upcoming Winter Olympics, a North Korean media outlet threatened in response to recent “ill-boding” remarks by South Korean President Moon Jae-in. Moon’s praise of President Donald Trump in a speech last Wednesday chilled the atmosphere for North-South reconciliation, according to the state-run Korean […]
North Korean news agency threatens Olympics pullout after Seoul praises Trump
Pyongyang could still pull out from the upcoming Winter Olympics, a North Korean media outlet threatened in response to recent “ill-boding” remarks by South Korean President Moon Jae-in. Moon’s praise of President Donald Trump in a speech last Wednesday chilled the atmosphere for North-South reconciliation, according to the state-run Korean […]
JPMorgan Chase’s Dimon walks back Trump one-term prediction, says Dems don’t have a deep 2020 bench
JP Morgan Chase CEO Jamie Dimon walked back a previous prediction that President Donald Trump would only serve one term, telling Fox Business in an interview that the Democrats don’t appear to have a particularly deep bench of contenders for the 2020 general election. When asked by Fox Business’ Maria […]
A ‘big money indicator’ is pointing to more record highs for stocks: Bank of America
If you’re worried about the market’s record run coming to an end, one Bank of America strategist says fear not— because there’s a strong technical case for a rally through 2018. According to Stephen Suttmeier, chief equity technical strategist at Bank of America, the advance-decline line of the S&P 500 […]
FCC chides Hawaii on lack of safeguards to prevent ‘unacceptable’ false alerts
The chairman of the Federal Communications Commission said on Sunday that Hawaii apparently did not have adequate safeguards in place to prevent a false emergency alert and that government officials must work to prevent future incidents. The FCC “will focus on what steps need to be taken to prevent a […]
2 GOP senators cast doubt on Trump’s inflammatory remark about immigrants, but Graham won’t defend
A Republican senator is insisting that President Donald Trump did not use a vulgar term in referring to African countries during a closed-door meeting on immigration that he and five other senators attended last week. Georgia Senator David Perdue called reports describing Trump as using vile language in the meeting […]
6 digital health predictions for 2018
Steve Kraus, one of the most active health-tech investors in the industry, gave his predictions for 2018, following the J.P. Morgan Healthcare Conference this week in San Francisco. I think the public markets will remain closed in 2018 for health-tech companies. However, I do expect 2019 and the years beyond […]
GOP senators cast doubt on whether Trump really made inflammatory comments about Africa, Haiti
A Republican senator is insisting that President Donald Trump did not use a vulgar term in referring to African countries during a closed-door meeting on immigration that he and five other senators attended last week. Georgia Senator David Perdue called reports describing Trump as using vile language in the meeting […]
What Egypt needs to do to keep the money flowing to its economy ahead of March’s election
Egypt is still grappling with domestic tensions, and has the uncertainty of a presidential election on the horizon. Investors, however, appear unfazed, and are betting that a host of economic reforms and an International Monetary Fund (IMF) funding program will pay off. Foreign investment into Egypt’s stock market recently hit […]