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House and Senate pursue spending deals as shutdown looms

Wed, 02/07/2018 - 12:24am
Buoyed by the sudden likelihood of a budget pact, lawmakers are on track to avoid a repeat of last month's government shutdown — though President Donald Trump unexpectedly raised the possibility of closing things down again if he can't have his way on immigration.
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Down, then up: Stock market goes on another wild ride

Wed, 02/07/2018 - 12:02am
Wall Street is making a good case for buying stock in Maalox and Tums.
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Puerto Ricans grab machetes, shovels to help restore power

Wed, 02/07/2018 - 12:00am
It took only minutes for Hurricane Maria to kill power in the Puerto Rican town of Coamo, cracking wooden poles, snapping power lines and hurling transformers to the ground.
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Tronc expected to sell Los Angeles Times: source

Tue, 02/06/2018 - 11:47pm
Tronc, the owner of the Los Angeles Times, is expected to announce a sale of the newspaper to billionaire biotech investor Patrick Soon-Shiong, a source familiar with the matter said.
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Oil rises on report of lower U.S. crude inventories, stock market recovery

Tue, 02/06/2018 - 11:17pm
Oil prices rose on Wednesday along with stocks and was supportedby a report that U.S. crude inventories fell last week.
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Alberta stops importing B.C. wine over pipeline dispute

Tue, 02/06/2018 - 10:47pm
Canada's oil-rich province of Alberta is banning wine imports from neighboring British Columbia over a dispute about a proposed pipeline.
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FireEye Is Ready to Report Earnings. What's on Tap?

Tue, 02/06/2018 - 10:45pm
The cybersecurity specialist has a lot to prove when it releases its fourth-quarter results.
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Casino mogul Steve Wynn resigns amid sex misconduct claims

Tue, 02/06/2018 - 10:09pm
Casino mogul Steve Wynn has resigned as chairman and CEO at Wynn Resorts amid sexual misconduct allegations.
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Want to Invest in Private Equity? Here's a List of the Holdings in SoftBank's Vision Fund

Tue, 02/06/2018 - 10:05pm
If you're short on the requirements to invest in private equity, they provide a roundabout way in.
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Janet Yellen Leaves the Fed, Sends Wells Fargo Spiraling Down

Tue, 02/06/2018 - 9:55pm
Going out with a bang -- shares of Wells Fargo are down a whopping 8% after the now-former chair of the Federal Reserve levied a number of crushing penalties against the bank.
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Wynn Resorts says in a statement casino mogul Steve Wynn has resigned as CEO amid sexual misconduct allegations.

Tue, 02/06/2018 - 9:45pm
Wynn Resorts says in a statement casino mogul Steve Wynn has resigned as CEO amid sexual misconduct allegations.
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What's the State of Healthcare in America in 2018?

Tue, 02/06/2018 - 9:45pm
Here’s how U.S. healthcare stacks up.
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Here's Why Shares of Plug Power Plummeted 16% in January

Tue, 02/06/2018 - 9:25pm
It's not wholly clear what energized the stock's selloff last month.
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eBay Sends PayPal Packing: What PayPal Investors Need to Know

Tue, 02/06/2018 - 9:04pm
eBay announced it would not be renewing its agreement with PayPal when its current deal expires in 2020. Should PayPal shareholders be worried?
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Here's Why the Best Is Yet to Come for Ubiquiti Networks

Tue, 02/06/2018 - 8:37pm
Cost controls remain a competitive advantage, but a legion of short sellers continues to hold the stock down. Don't expect that to last much longer.
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Visa Inc. Earnings Jump 25%

Tue, 02/06/2018 - 8:15pm
The payments titan enjoyed robust growth in the first quarter.
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Fortinet Posts Double-Digit Growth

Tue, 02/06/2018 - 8:06pm
A big surge in service revenue offset sluggish product revenue growth.
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Defense closing arguments presented in Pilot rebate case

Tue, 02/06/2018 - 8:03pm
A defense lawyer representing the former president of Pilot Flying J truck stop chain has made his closing arguments in a case in which four former employees of the chain are accused of conspiring to defraud customers in a rebate scam.
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Sale of Los Angeles Times to billionaire being negotiated

Tue, 02/06/2018 - 7:55pm
The owner of the Los Angeles Times is in talks to sell the newspaper to a billionaire medical entrepreneur.
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2nd man has gene editing; therapy has no safety flags so far

Tue, 02/06/2018 - 7:33pm
A second patient has been treated in a historic gene editing study in California, and no major side effects or safety issues have emerged from the first man's treatment nearly three months ago, doctors revealed Tuesday.
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