Month: March 2018

Tess Torelli March 1, 2018

Rakuten did not immediately respond to a request for further comment. On Wednesday, Lee maintained his midyear bitcoin price target of $20,000 — roughly double Wednesday’s prices — and a year-end target of $25,000. Lee is the only major Wall Street strategist to issue formal price targets on bitcoin, although an increasing number of financial […]

Tess Torelli March 1, 2018

Aaron P. Bernstein | Reuters White House Senior Adviser Jared Kushner departs following his appearance before a closed session of the Senate Intelligence Committee as part of their probe into Russian meddling in the 2016 U.S. presidential election, on Capitol Hill in Washington, U.S. July 24, 2017. Officials in the United Arab Emirates, China, Israel […]

Tess Torelli March 1, 2018

American Airlines said it won’t sign its lease for a revamped O’Hare International Airport in Chicago, alleging its competitor United Airlines would receive extra gates under a “secret” provision. Chicago Mayor Rahm Emanuel said Wednesday that the eight-year project would include a new international terminal and remodeling of others. The $8.5 billion expansion aims to […]

Tess Torelli March 1, 2018

Facebook CFO David Wehner said Wednesday that pending online privacy changes in the European Union could impact how many people use the service in that region every day. There “could be some implication on DAUs (daily active users)” because of the coming regulations, Wehner told investors at the Morgan Stanley Technology, Media and Telecom conference. […]