What happened Continue Reading Below Shares of Gran Tierra Energy (NYSEMKT: GTE) spiked on Wednesday, up more than 10% as of 2:45 p.m. EST, following the announcement of its 2018 budget and production growth outlook. So what Gran Tierra Energy said it expects to spend $250 million to $270 million […]
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Rise of the robots: There won’t be enough work to go around, fmr. Apple CEO says
In 10 to 15 years, robots will be able to write better computer code than even the most skilled coders today, according to former Pepsi president and Apple CEO John Sculley, a development that is representative of the growing role of artificial intelligence (AI) in the workforce. Continue Reading Below “AI […]
Trump’s tax reform win paves way for infrastructure spending and higher stock prices
It is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping, consumer confidence increasing, and the major U.S. stock indexes slashing records time and time again. Continue Reading Below At the end of the year, the stock market’s advance picked up extra impetus as the […]
LA County investigating reports of illnesses at Chipotle
LOS ANGELES – The Los Angeles County health department is investigating reports of illnesses by customers who ate at a Chipotle. Continue Reading Below Chipotle says it has not directly received any complaints from customers and was not aware of any reports made to local health officials. The burrito chain […]
What to expect for your personal finances in 2018
No one wants to be caught off-guard when it comes to their finances. So The Associated Press asked several experts to share their opinion on what will happen with some key issues in 2018 that will directly impact your personal financial well-being. Here’s a look at their forecasts: Continue Reading […]
Stocks mixed after Senate passes tax bill; small caps rise
NEW YORK – U.S. stocks are mixed in midday trading Wednesday after the Senate passed a bill that would cut corporate taxes. The House is expected to approve the measure in the afternoon. Stocks have climbed in anticipation of the bill’s passage. Smaller companies are doing better than the rest […]
Uber taps Barney Harford as COO
NEW YORK – Uber has named Barney Harford its new COO, the same day the European Union’s top court dealt it a blow, ruling that the ride-hailing company should be regulated like a transportation company and not a technology service. Continue Reading Below Uber CEO Dara Khosrowshahi said Wednesday that […]
The Latest: Trump claims GOP tax bill repeals Obamacare
WASHINGTON – The Latest on Congress and sweeping tax cut legislation (all times local): Continue Reading Below 12:05 p.m. President Donald Trump is celebrating the GOP tax legislation, claiming it fulfills his campaign promise to repeal the Affordable Care Act. Speaking during a Cabinet meeting, he says: “Obamacare has been […]
Better Stock: Verizon Communications Inc. vs. AT&T Inc.
Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) are the two dominant wireless companies in the U.S., easily passing Sprint and T-Mobile in both subscribers and network size. The position has made them something of a duopoly in the market, which leads to incredibly strong profitability. Continue Reading […]
Cryptocurrencies Are Now Worth $600 Billion
Throughout history, there’s been no better creator of long-term wealth than the stock market. Historically, the stock market returns about 7% annually, inclusive of dividend reinvestment and adjusted for inflation. This implies that invested funds should roughly double about once a decade over the long run. Not too shabby at […]