Stock Market Today


 

The billionaire Beny Steinmetz was detained by the Israeli police on Monday morning for questioning in connection with an investigation into money laundering, obstruction of justice and bribery, officials said. Steinmetz, an Israeli diamonds, mining and real estate magnate, is already under scrutiny by law enforcement authorities in four other countries, including the United States.

detained investigation Israeli laundering mining money Mr states Steinmetz United

 

Here’s one that came my way earlier today although the report was from January: New York Fed Chief Dudley has an Idea — Homeowners Should Tap Into Equity.

New York Fed President William Dudley on Tuesday encouraged homeowners to find “prudent” ways to tap into the equity that has built up in the homes, saying the boost in consumption would be a welcome shot-in-the-arm to the economy.

Dudley economy equity Fed home homeowners housing President tap York

 

The 7th U.S. Circuit Court of Appeals in Chicago on Monday cut to $2.7 million from $4.77 million the sum owed to the plaintiffs' lawyers.

appeals Chicago circuit Court cut Lawyers Monday owed plaintiffs

 

With his gesture on Sunday, the 31-year-old defensive end became the latest NFL player to use the playing of the Star Spangled Banner anthem as a protest forum.

defensive Gesture latest NFL old player playing star Sunday year

 

As Charlottesville reeled from the killing of a woman during a white-nationalist rally, well-wishers left flowers at a makeshift shrine nearby in the heart of downtown.

CHARLOTTESVILLE killing left nationalist rally reeled well White wishers woman

 

 

If all goes well RT002 could be launched in the United States in late 2019 or 2020, followed by European markets.

If all goes well RT002 could be launched in the United States in late 2019 or 2020, followed by European markets.

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David Tepper's Appaloosa Management and three other hedge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings.

Appaloosa disclosed a 3.7 million stake in shares of Alibaba, according to a Monday filing with the U.S. Securities and Exchange Commission.

Alibaba Appaloosa David filing funds hedge management shares stake Tepper

 

After-hours buzz: P, SYF & more [0.16]

Posted on Aug. 14, 2017, 9:41 p.m. by Warren Buffett Watch @ [source]

Shares of Pandora shot up nearly 4 percent in extended trading after the company announced a new CEO at the closing bell.

Synchrony Financial's shares jumped more than 4 percent in after hours trading.

bell Berkshire CEO conglomerate extended financial Hathaway Pandora shares trading

 

Snap shares rose 6.5 percent Monday morning in volatile trade, rebounding from earlier losses.

Shares of the Snapchat parent are likely to face new pressure on Monday, when employees for the first time are allowed to sell their stock following the company's blockbuster initial public offering.

early investors IPO Monday shares SNAP Snapchat stakes stock trading

 

The FBI is looking into the background of James Alex Fields Jr., who police say drove a car into demonstrators, killing Heather Heyer, 32, and injuring more than one dozen others.

Alex background car demonstrators drove FBI Fields James Jr police

 

Donald Trump has denounced racist violence after the killing of a protester in Charlottesville, Virginia.

Mr Trump was criticised for not specifically denouncing extremists in his initial comments on the violence.

CHARLOTTESVILLE denounced Donald killing Ku protester Racist Trump violence Virginia

 

Warren Buffett's Berkshire Hathaway sold its stake in General Electric as of the end of June, according to a regulatory filing on Monday.

Buffett has embraced the financial sector, which many believe is poised for growth after years of historically low interest rates and extra regulation.

bank Berkshire Buffett electric financial GE General June shares stake

 

When Trump has backed down - Washington Post [0.06]

Posted on Aug. 14, 2017, 9:04 p.m. by Distressed Volatility @ [source]

President Trump, for all his bluster and outward aggression, is a weak man. He eventually backs down when circumstances are right.

Attorney backs circumstances counsel eventually fired General Jeff Sessions special

 

Stanley Druckenmiller's Duquesne Capital bought Chinese consumer and tech stocks in the second quarter, according to a filing Monday.

In the second quarter, Druckenmiller's fund increased its stake in Microsoft by 1 million shares and added 677,000 shares of Facebook.

Alibaba bought Chinese com filing fund Parent quarter share stake

 

CEO Reed Hastings said at a conference earlier this year that $6 billion of that is for this year alone.

Netflix did increase prices in Australia earlier this summer and just raised prices in Canada last week as well.

Disney earlier eventually hit Netflix pay plan programs shows streaming

 

 

Washington (CNN) President Donald Trump rarely admits he's wrong -- but has the chance to belatedly condemn neo-Nazi protests at the White House Monday. When Trump has backed down Washington Post Republicans desperately want to be united.

admits chance CNN Donald President rarely Trump WASHINGTON White wrong