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Houston Rockets GM apologizes after Chinese anger over Hong Kong tweet

October 6, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

Houston Rockets general manager Daryl Morey killed a tweet that reportedly said, “Fight for Freedom. Stand with Hong Kong.”

Tagged With: Daryl, general, Houston, manager, Morey, Rockets

David Tepper to keep hedge fund alive for a handful of investors, report says

October 5, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

The shift of returning Appaloosa Management’s capital to investors and converting it to a family office reflects a new era for the hedge fund leader, who founded the firm in 1993.

Tagged With: Appaloosa, Capital, Investors, Management's, returning, shift

Trump suspends entry of immigrants who cannot pay for healthcare

October 5, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

President Donald Trump on Friday signed a proclamation suspending entry of immigrants who cannot pay for their healthcare costs and will not be covered by health insurance within 30 days of entering the United States.

Tagged With:   President, Donald, Friday, proclamation, signed, Trump

Everything Jim Cramer said on ‘Mad Money,’ including China trade, buy Clorox, Stitch Fix CEO, REITs

October 4, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

Jim Cramer takes a look at the week ahead in stock market news, including anticipation of U.S.-China trade talks, explains why Clorox is a buy and interviews Stitch Fix CEO Katrina Lake.

Tagged With: ahead, Cramer, look, stock, takes, week

Dow and S&P 500 will try to snap a 3-week slide as US-China trade talks kick off in the week ahead

October 4, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

Stocks will try to regain their mojo next week as China and the U.S. hold long-awaited trade negotiations in Washington.

Tagged With: MOJO, next, regain, stocks, their, will

Stocks may not climb much higher this year. But you can still make these smart money moves

October 4, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

The S&P 500 may not see significant gains into the end of this year, according to Bank of America Merrill Lynch. Here are three money moves you may want to consider making as we head into 2020.

Tagged With: According, gains, into, significant, this, year

As Portugal heads to a new election, a cloud is hanging over its export-led economy

October 4, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

Economists are questioning how long Portugal’s economic recovery will last with a new political cycle about to begin.

Tagged With: Economic, economists, long, Portugal's, questioning, recovery

Oculus founder Palmer Luckey’s defense start-up is now making attack drones

October 3, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

Anduril is launching its first attack drone, called the ‘Interceptor,’ that can autonomously detect and destroy other drones.

Tagged With: Anduril, attack, called, drone, First, launching

China’s hog herd may drop by 55% due to fatal swine fever, says Rabobank

October 2, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

China’s hog herd fell by half in the first eight months of 2019 due to a devastating outbreak of African swine fever and will likely shrink by 55% by the end of the year, analysts at Rabobank said on Wednesday.

Tagged With: China's, Eight, fell, First, half, herd

Bed Bath & Beyond posts mixed second quarter results, making ‘progress’ in naming a CEO

October 2, 2019 MadMadNews Reposted Filed Under: BUSINESS, CNBC

The company said that it “has made substantial progress toward identifying a permanent CEO” and expects that it will make an announcement soon.

Tagged With: company, made, progress, said, substantial, that

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