Day: April 3, 2018

Tess Torelli April 3, 2018

Media mogul Sumner Redstone, who maintains voting control over CBS and Viacom, has resorted to communicating through an iPad preloaded with audio clips of his voice saying “yes,” “no” and “f— you.” The ailing 94-year-old is currently caught in the middle of merger talks between the two companies, with CBS close to making an all-stock […]

Tess Torelli April 3, 2018

On Monday, the S&P 500 sank 2.23 percent — re-entering correction territory and closing below its 200-day moving average for the first time since June 2016. The Nasdaq composite lost 2.74 percent, closing in correction territory for the first time. Shares of U.S. tech giants, including Facebook, Netflix and Google parent Alphabet, all declined overnight […]

Tess Torelli April 3, 2018

The stock market, which took a hit Monday, is not reacting to the “unbelievable” strength of President Donald Trump’s economic agenda, senior White House economic official Peter Navarro told Giftofaservant. Equities tanked Monday as fears of a possible trade war and regulation of the tech industry weighed on investors. In an interview with “Closing Bell,” […]

Tess Torelli April 3, 2018

President Donald Trump’s personal lawyer asked a federal judge on Monday to force adult film star Stormy Daniels to use arbitration to settle a dispute over an agreement to keep quiet about a sexual encounter she says she had with Trump. Daniels, whose real name is Stephanie Clifford, last month sued Michael Cohen, Trump’s personal […]

Tess Torelli April 3, 2018

Salesforce quelled speculation on Monday that it had been involved in a bidding war for MuleSoft, revealing in a filing that competition was not a factor in driving the price up to a hefty $6.5 billion. Rather, MuleSoft was just insisting that Salesforce pay up, and quickly. According to the timeline published by Salesforce, the […]

Tess Torelli April 3, 2018

Japanese online broker Monex Group Inc said on Tuesday it is considering buying Coincheck Inc, the local cryptocurrency exchange hit by a high-profile $530 million theft earlier this year. The company did not provide any details but the Nikkei daily on Tuesday said the deal could be worth “several billion yen” and an announcement was […]