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SeaWorld will pay $5 million to settle fraud probe

4 hours ago DieselGasoil Comments Off on SeaWorld will pay $5 million to settle fraud probe
Is the worst over for SeaWorld? SeaWorld and its former CEO have agreed to pay more than $5 million to settle a federal probe into allegations of fraud at the marine animal park company. SeaWorld was accused of misleading investors about how much of an effect the documentary film “Blackfish” had on the company’s reputation Read More

Investors are starting to worry about the economy

4 hours ago DieselGasoil Comments Off on Investors are starting to worry about the economy
Analyst: Trade war is big headline, not big problem Wall Street doesn’t seem to care about the escalating trade war between the United States and China. The Dow jumped 175 points and the Nasdaq climbed 1% on Tuesday despite Washington and Beijing pushing ahead with another round of punishing tariffs. Investors are betting the US Read More

Tesla stock tumbles on report of criminal probe of Musk claims

4 hours ago DieselGasoil Comments Off on Tesla stock tumbles on report of criminal probe of Musk claims
Tesla tweet ‘highly problematic,’ says former SEC boss The Justice Department is investigating whether comments made by Tesla CEO Elon Musk last month about taking his company private were illegal, the upstart automaker confirmed Tuesday. “Last month, following Elon’s announcement that he was considering taking the company private, Tesla received a voluntary request for documents Read More

Your next car could come with Google's Android

11 hours ago DieselGasoil Comments Off on Your next car could come with Google's Android
5 stunning stats about Google Google will integrate its Android operating system into cars produced by Renault, Nissan and Mitsubishi, a move that will put its tech products within easy reach of millions of drivers. The partnership announced Tuesday will allow the automakers to install Google (GOOGL) Maps, Google Play Store and Google Assistant in Read More

Gary Cohn: Jamie Dimon would be a 'phenomenal' president

16 hours ago DieselGasoil Comments Off on Gary Cohn: Jamie Dimon would be a 'phenomenal' president
WASHINGTON, DC – MARCH 20: Outgoing White House chief economic adviser Gary Cohn attends a meeting with President Donald Trump and the Crown Prince Mohammed bin Salman of the Kingdom of Saudi Arabia in the Oval Office at the White House on March 20, 2018 in Washington, D.C. (Photo by Kevin Dietsch-Pool/Getty Images) Gary Cohn, Read More

Corporate America is spending more on buybacks than anything else

16 hours ago DieselGasoil Comments Off on Corporate America is spending more on buybacks than anything else
Why stock buybacks may deepen income inequality For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. S&P 500 companies rewarded shareholders with $384 billion worth of buybacks during the first half of 2018, according to a Goldman Sachs report published Friday. That big Read More

SpaceX will take a Japanese billionaire on a trip around the Moon

16 hours ago DieselGasoil Comments Off on SpaceX will take a Japanese billionaire on a trip around the Moon
SpaceX to take billionaire on trip around the Moon SpaceX revealed Monday that Japanese billionaire Yusaku Maezawa will be its first space tourist. Maezawa has chartered a flight aboard the company’s Big Falcon Rocket, which is still being developed, for a slingshot trip around the Moon as soon as 2023. He’s planning to take six Read More

'Who broke the law?' Cohn says in defending Wall Street's role in crisis

22 hours ago DieselGasoil Comments Off on 'Who broke the law?' Cohn says in defending Wall Street's role in crisis
NEW YORK (Reuters) – Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009 financial crisis as lenders and ridiculing rules intended to make the system stronger in its aftermath. FILE PHOTO: Director of Read More

Traders take Fed's cues, pile on bets on U.S. rate hikes

1 day ago DieselGasoil Comments Off on Traders take Fed's cues, pile on bets on U.S. rate hikes
NEW YORK (Reuters) – Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo Since the Read More

Coke could move into cannabis-infused drinks

1 day ago DieselGasoil Comments Off on Coke could move into cannabis-infused drinks
Corona, Modelo brewer invests $4 billion in marijuana company Coca-Cola is considering a move into the growing market for cannabis-infused drinks. Coke said in a statement Monday that it is “closely watching” the growth of CBD, a non-psychoactive component in marijuana, as an ingredient in what it called functional Wellness beverages. “The space is evolving Read More