DoubleLine Capital CEO Jeffrey Gundlach on Friday said he expects the Federal Reserve to raise interest rates in December and discussed how the Fed’s plan to taper its balance sheet may be a problem for the stock market. Continue Reading Below “You can divine a probability that the bond market […]
FOX News
Republicans may delay immediately cutting corporate tax rate
[unable to retrieve full-text content]
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 […]
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 […]
Luxury jet buyers think resale value in tough market
Members of the elite private jet set are customizing their planes with full-sized showers, beds and windows – but when it comes to decorating, an increasing number are steering clear of gold panels and gaudy features, opting instead for the airborne equivalent of beige. Continue Reading Below The reason, industry […]
Brown: JFK Jr.’s college application now for sale was stolen
PROVIDENCE, R.I. – Brown University says the college application of John F. Kennedy Jr. that is now up for auction was stolen, and it wants the documents back. Continue Reading Below University spokesman Brian Clark says the records are university property and confidential. He says the school is taking “every […]
Timeline of Weinstein allegations dating back decades
NEW YORK – Here is a timeline of allegations against film producer Harvey Weinstein, who has denied having any nonconsensual sexual conduct with any women. Continue Reading Below — 1984: Tomi-Ann Roberts, a 20-year-old aspiring actress, meets Weinstein in his New York hotel room to discuss a film. Weinstein is […]
Why Sonus Networks, Inc. Stock Jumped on Friday
What happened Continue Reading Below Shares of network communications and network security company Sonus (NASDAQ: SONS) rose as much as 12.3% on Friday after the company released preliminary results for its third quarter. The stock is up 5.5% as of 12:15 EDT. The stock’s move likely reflects the company’s significant outperformance […]