Category Archives: Personal Finance

Personal Finance

Martin Shkreli seeks to overturn part of his conviction

Martin Shkreli seeks to overturn part of his convictionFormer drug company executive Martin Shkreli on Friday asked a judge to throw out part of his criminal conviction, a day after prosecutors sought to have him jailed until his sentencing. In a motion filed in Brooklyn federal court, Shkreli’s lawyers said their client was convicted of conspiring to manipulate the stock price of his old company, Retrophin Inc, after a prosecutor improperly defined a key legal term during closing arguments. The motion does not seek to overturn Shkreli’s conviction on two more serious counts of defrauding investors in his hedge funds.

Source: Yahoo Finance

Ezekiel Elliott suspension: Next stage in legal fight imminent

Ezekiel Elliott suspension: Next stage in legal fight imminentThe ongoing legal battle over Dallas Cowboys running back Ezekiel Elliott’s six-game suspension enters its next stage on Friday, when U.S. District Judge Amos Mazzant is expected to decide whether to issue a temporary stay that would block the NFL’s penalty from taking effect.

Source: Yahoo Finance

It's a 'great thing' to deal with Democrats, Trump now says

It's a 'great thing' to deal with Democrats, Trump now saysFrustrated with his own party’s leaders in Congress, President Donald Trump talked up his suddenly cozier relationship with Democrats on Thursday, raising the prospect of new deals on government spending …

Source: Yahoo Finance

Cyber alert: EU ministers test responses in first computer war game

Cyber alert: EU ministers test responses in first computer war gameBy Robin Emmott TALLINN (Reuters) – European Union defense ministers tested their ability to respond to a potential attack by computer hackers in their first cyber war game on Thursday, based on a simulated attack on one of the bloc’s military missions abroad. In the simulation, hackers sabotaged the EU’s naval mission in the Mediterranean and launched a campaign on social media to discredit the EU operations and provoke protests. Each of the defense ministers tried to contain the crisis over the course of the 90-minute, closed-door exercise in Tallinn that officials sought to make real by creating mock news videos giving updates on an escalating situation.

Source: Yahoo Finance

T-Mobile U.S, to offer free Netflix with family plan

T-Mobile U.S, to offer free Netflix with family planEarlier this year, AT&T Inc (T.N), which is buying Time Warner Inc (TWX.N) for $85.4 billion in an effort to turn itself into a media powerhouse, started including HBO with its Unlimited Plus wireless plan. The company has said such offers are helping with subscriber retention. T-Mobile, the No. 3 U.S. wireless carrier by subscribers, has been taking share from its larger rivals AT&T and Verizon Communications Inc (VZ.N) through cheaper prices and added perks.

Source: Yahoo Finance

Key Takeaways From Australia's 2Q GDP

Key Takeaways From Australia's 2Q GDPSep.05 — Australia's economy grew slightly slower than forecast last quarter as a slump in non-residential construction partly offset higher government and household spending. National Australia Bank Director of Economics David de Garis weighs in on "Bloomberg Markets."

Source: Yahoo Finance

Republicans are planning to deal with the debt ceiling and Hurricane Harvey relief in one giant package

Republicans are planning to deal with the debt ceiling and Hurricane Harvey relief in one giant packageRepublicans are planning to attach a provision to raise the debt ceiling to their initial…

Source: Yahoo Finance

Third time lucky as Aveva agrees £3 billion software deal with Schneider

Third time lucky as Aveva agrees £3 billion software deal with SchneiderFrance’s Schneider Electric will take a 60 percent stake in Britain’s Aveva after the pair agreed to combine at the third time of asking to create a software business worth about 3 billion pounds . Jean-Pascal …

Source: Yahoo Finance

Gas prices spike as refineries remain shut

Gas prices spike as refineries remain shutGas prices hit a high for the year on Labor Day as the effects of Harvey continued to shut in refineries. As of Monday the nationwide average for a gallon of gas averaged $2.638, according to the AAA. …

Source: Yahoo Finance

Growing dilemma: Automated jobs meet social consciousness

Growing dilemma: Automated jobs meet social consciousnessSecurity guard Eric Leon watches the Knightscope K5 security robot as it glides through the mall, charming shoppers with its blinking blue and white lights. The brawny automaton records video and sounds …

Source: Yahoo Finance

The Latest: Expert says gray smoke at plant a better sign

The Latest: Expert says gray smoke at plant a better signThe Latest on Harvey and its aftermath (all times local): 6:20 p.m. A chemical safety expert says light gray smoke coming from the controlled burn of highly unstable compounds at a Houston-area chemical …

Source: Yahoo Finance

How to deal with flooded cars in Harvey's wake

How to deal with flooded cars in Harvey's wakeAs Harvey moved away from Southeast Texas, aerial photos revealed thousands of cars covered by floodwaters on streets, parking lots and in driveways. By the time the water recedes, auto industry experts …

Source: Yahoo Finance

Trump hints at withdrawal from U.S.-South Korea free trade deal

Trump hints at withdrawal from U.S.-South Korea free trade dealPresident Donald Trump said on Saturday he will discuss the fate of a five-year-old U.S.-South Korean free trade deal with his advisers next week in a move that could see him pull out of the accord with a key American ally at a time of heightened tensions on the Korean peninsula. Trump made his remarks to reporters while visiting hurricane-hit Houston a day after he spoke with South Korean President Moon Jae-in and struck a deal allowing Seoul access to longer-range missiles as well as a potential arms sale.

Source: Yahoo Finance

No decision yet on who gets Trump's pledge of disaster aid

No decision yet on who gets Trump's pledge of disaster aidThe White House is still trying to decide who will get President Donald Trump’s pledged $1 million donation for Harvey storm relief efforts, one of the largest gifts ever given by a president but one that …

Source: Yahoo Finance

Black smoke, flames shoot up from Texas chemical plant

Black smoke, flames shoot up from Texas chemical plantThick black smoke and towering orange flames shot up Friday from a flooded Houston-area chemical plant where highly unstable compounds blew up a day earlier after losing refrigeration. It was the second …

Source: Yahoo Finance

After Taiwan stop, fugitive Red Bull heir's path a mystery

After Taiwan stop, fugitive Red Bull heir's path a mysteryAs a hit-and-run charge effectively expires, the whereabouts of an heir to the Red Bull energy-drink empire accused of killing a Bangkok police officer five years ago remain unknown. The fugitive, whose …

Source: Yahoo Finance

So far, cellphone networks have weathered Harvey

So far, cellphone networks have weathered HarveyRoads, refineries and other infrastructure have taken a beating in the Texas and Louisiana regions hit by Harvey — but cellphone networks so far remain largely functional. One reason: Big carriers brought …

Source: Yahoo Finance

Harvey to impact car sales, prices after flooding thousands of vehicles

Harvey to impact car sales, prices after flooding thousands of vehiclesFloodwaters submerged cars in driveways, garages and dealership lots, potentially setting up months of higher sales in Houston.

Source: Yahoo Finance

Cramer Remix: No. 1 signal that oil companies are ripe fo…

Cramer Remix: No. 1 signal that oil companies are ripe fo...Jim Cramer found some juicy areas for acquisition, and unveiled the signs to watch in the oil patch.

Source: Yahoo Finance

Trump's proposed corporate tax plan will add trillions to US debt – report

Trump's proposed corporate tax plan will add trillions to US debt – reportTrump has argued that a lower tax burden will help create more jobs. Donald Trump’s plans to reduce the corporate tax rate will result in a revenue loss of $3tn-$7tn for the federal government, a new report has found. Donald Trump’s plans to reduce the corporate tax rate from 35% to 20% will result in a revenue loss of $3tn to $7tn for the federal government over a decade and are unlikely to create the promised boom in jobs, according to a new report from the non-partisan Committee for a Responsible Federal Budget.

Source: Yahoo Finance

Mexico dusts-off 'Plan B' as Trump revs up threats to kill NAFTA

Mexico dusts-off 'Plan B' as Trump revs up threats to kill NAFTAU.S. President Donald Trump has threatened three times in the past week to abandon the North American Free Trade Agreement, revisiting his view that the United States would probably have to start the process of exiting the accord to reach a fair deal for his country. Trump has vowed to get a better deal for American workers, and the lively rhetoric on both sides precedes a second round of talks starting on Friday in Mexico City to renegotiate the 1994 accord binding the United States, Mexico and Canada.

Source: Yahoo Finance

Global stocks in retreat after North Korean missile test

Global stocks in retreat after North Korean missile testGlobal stock markets and the dollar fell sharply Tuesday, as investors were rattled by North Korea’s launch of a midrange ballistic missile that crossed over northern Japan and fell into the Pacific Ocean. …

Source: Yahoo Finance

Photo of mother and baby's rescue becomes symbol of storm

Photo of mother and baby's rescue becomes symbol of stormIn the photo, little Aiden Pham — 13 months old and swaddled in a blanket — nestles asleep in his mother’s arms, even as floodwaters from Hurricane Harvey surge around them. Someday, no doubt, Aiden’s …

Source: Yahoo Finance

Takeshita Says External Factors Biggest Threat for BOJ

Takeshita Says External Factors Biggest Threat for BOJAug.28 — Seijiro Takeshita, professor at University of Shizuoka, discusses monetary policy from the Bank of Japan and the biggest threat for the central bank. He speaks with Francine Lacqua and David Gura on "Bloomberg Surveillance."

Source: Yahoo Finance

BOJ's Kuroda on Japan's Economy, Inflation, Policy

BOJ's Kuroda on Japan's Economy, Inflation, PolicyAug.27 — Bank of Japan Governor Haruhiko Kuroda discusses his outlook for the Japanese economy, and talks about inflation risks and monetary policy. He speaks with Kathleen Hays from the Fed's annual summit in Jackson Hole, WY.

Source: Yahoo Finance

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