Free cash handouts — it’s an idea Elon Musk, Richard Branson and Mark Zuckerberg have all talked about. And now it’s officially part of the California Democratic Party’s 2018 party platform. Though a party platform is a guideline and does not guarantee action, the idea of universal basic income (UBI) […]
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Cramer: Goldman’s move gives David Solomon a great chance to grow into the CEO job
David Solomon’s new role as sole president and chief operating officer will help focus Goldman Sachs as CEO Lloyd Blankfein assess when to exit, CNBC’s Jim Cramer said Monday. “This gives [Solomon] a chance to grow” into the chief executive job, said Cramer, a Goldman alum, who’s known Blankfein for […]
Why 6 Twitter powerhouses want diversity of company ownership in Silicon Valley made public
Follow the money and you’ll find the power, as the saying goes. That’s why a group of six women, all current and former Twitter senior managers, are starting a movement to make information about who’s making serious money in Silicon Valley transparent. This collective of women investors, who call themselves […]
Campaign trail Trump is back — and as bonkers as ever
If Saturday evening was any indication, we’re in for many bonkers Trump rallies ahead of the 2018 and 2020 elections. Speaking for more than an hour to a crowd in Moon Township, Pennsylvania, President Donald Trump described newly announced tariffs his “baby,” discussed executing drug dealers, described an NBC journalist […]
Analyst nearly doubles his price target for Micron, predicting higher chip prices, dividend
There’s a new biggest Micron bull on Wall Street. Nomura Instinet raised its 12-month price target to $100 from $55 for the chip maker, representing 83 percent upside to Friday’s close. It is now the highest Micron price forecast out of the 26 research shops that cover the company, according […]
How to clear your private data from your iPad before you sell it
If you’re selling your iPad or getting ready to buy a new one, you’ll want to make sure all of your private data is removed from it first. This isn’t too hard. Follow along with the steps below and you’re iPad will be fully cleared and ready for sale. Make […]
Solomon named sole president and COO at Goldman Sachs, solidifying spot as Blankfein successor
David Solomon will take over as president and chief operating officer at Goldman Sachs as his sole competitor for the company’s CEO job, Harvey Schwartz, retires in April, the company announced Monday. The moves seem to put Solomon in direct line to succeed Lloyd Blankfein when he retires as CEO. […]
Stocks making the biggest moves premarket: BA, NVDA, MRK, DIS & more
Check out which companies are making headlines before the bell: Boeing — A White House official said President Donald Trump will visit a Boeing plant in St. Louis to tout the tax overhaul’s impact on businesses and the country. Boeing said in January it expected to hire more people because […]
Two energy stocks are surging, but the sector is not out of the woods, portfolio manager warns
Energy stocks just posted their best week in two months, but growing headwinds could threaten the rally, warns one long-time portfolio manager. “We’re neutral on energy currently but we think on the intermediate and long term there are headwinds,” Washington Crossing Advisors’ Chad Morganlander said Friday on CNBC’s “Trading Nation.” […]
Trump Jr. partnered with donor who met with officials to push for curbing sanctions in Venezuela
Donald Trump Jr. has a previously undisclosed business relationship with a longtime hunting buddy who helped raise millions of dollars for his father’s 2016 presidential campaign and has had special access to top government officials since the election, records obtained by The Associated Press show. The president’s eldest son and […]