CNBC 'It's very hard not to give tax cuts to the wealthy,' Steven Mnuchin now saysCNBC"When you're cutting taxes across the board, it's very hard not to give tax cuts to the wealthy with tax cuts to the middle class," says Treasury Secretary Steven Mnuchin. That represents a dramatic reversal from Mnuchin's initial assertions on […]
Seeking Alpha Netflix: A Simple Lesson In OvervaluationSeeking AlphaNetflix's price/sales multiple is nearing 9x, which is an all-time high and well above its historical average. Netflix has yet to produce free cash flow and has been fueling content growth with debt, a risky and unsustainable practice. Netflix's (NFLX …3 Red Flags for Netflix after EarningsMoneyshow.comNetflix, […]
Reuters Airbus-Bombardier deal expected to jumpstart CSeries jet sales in Asia – analystsReutersSINGAPORE (Reuters) – Airbus SE's (AIR.PA) deal for a majority stake in Bombardier Inc's (BBDb.TO) CSeries jet programme is expected to jumpstart sales of the Canadian aircraft in Asia, analysts said on Tuesday. FILE PHOTO – The logo of Airbus is seen …Bombardier Inc. […]
Recode Arianna Huffington: Uber and SoftBank are 'very likely' to agree on their deal's pricing within the next weekRecodeUber and SoftBank are expected to reach an agreement within the next week on the pricing of the deal that will pave the way for SoftBank to acquire as much as one-fifth of the company. That's according […]
New York Times Patents for Restasis Are Invalidated, Opening Door to GenericsNew York TimesFour patents for the dry-eye treatment Restasis were invalidated by a federal judge on Monday. Allergan, the drug's manufacturer, had sought to protect the patents by transferring them to a Native American tribe in New York State. Credit Martin Shields …Judge throws […]
Fox News Delta Airlines prevented woman from singing national anthem on flight with fallen soldierFox NewsA Delta crew member wouldn't allow any of the passengers to sing for a fallen soldier, sparking a Facebook firestorm. (iStock). A Georgia woman and her fellow Delta passengers were prevented from singing the National Anthem as crews unloaded the […]
CNNMoney Netflix to spend up to $8 billion on programming next yearCNNMoneyThe company said Monday that it will spend as much as $8 billion on shows and movies in 2018, up from $6 billion earmarked for content this year. The boost in spending comes at a time when tech giants like Apple (AAPL, Tech30), Amazon […]
Slate Magazine We Could Send $1000 a Year to Every Worker in America for the Cost of Trump's Corporate Tax CutSlate MagazineThe Trump administration says its plan for sweeping business-tax cuts is really designed to help workers. To bolster those claims, the White House's Council of Economic Advisers released a short analysis Monday suggesting that […]
HuffPost Tamika Mallory Says She Was Kicked Off An American Airlines FlightHuffPostActivist Tamika D. Mallory said Sunday that she was unfairly kicked off of an American Airlines flight over a seating dispute. Mallory, known for her work as national co-chair of the Women's March movement, was on a flight from Miami to New York when […]
New York Times Newark Says, Hey Amazon, Look Over HereNew York TimesNewark has much of what Amazon wants in a location for its second headquarters — good public transportation, a skilled work force and within a metro area of more than one million residents, city officials and developers said. Credit Bryan Anselm for …New Jersey […]