Ex-Trump lawyer Cohen to testify before US House oversight panel next week

Ex-Trump lawyer Cohen to testify before US House oversight panel next week

Eduardo Munoz Alvarez | Getty Images News | Getty Images Michael Cohen, President Donald Trump's former personal attorney and fixer, exits federal court after his sentencing hearing, December 12, 2018 in New York City. Cohen was sentenced to three years in prison by a federal judge after pleading guilty to several charges, including multiple counts…
Samsung is making the same mistakes as Apple did with its new phones

Samsung is making the same mistakes as Apple did with its new phones

Instead, Samsung introduced phones with more colorful displays, fingerprint readers that hide under the screen, and a fun feature that lets you charge wireless headphones by placing them on the back of the phone. These are compelling, don't get me wrong, but why should someone with a Galaxy S8 with an already-nice display and facial…
Stocks making the biggest moves after hours: Avis, Navient, Cheesecake Factory and more

Stocks making the biggest moves after hours: Avis, Navient, Cheesecake Factory and more

Check out the companies making headlines after the bell: Avis Budget shares soared nearly 11 percent after hours Wednesday following the release of the rental car company's fourth-quarter earnings beat. Earnings per share were 53 cents, beating estimates of 37 cents. Revenue was posted as $2.05 billion, compared to the $2.04 forecast by analysts surveyed…
Lyft plans to launch IPO roadshow week of March 18

Lyft plans to launch IPO roadshow week of March 18

Lyft plans to launch the roadshow for its initial public offering (IPO) during the week of March 18, making it the first U.S. ride-hailing company to debut in the stock market, people familiar with the matter said on Wednesday. Lyft's larger rival Uber Technologies still needs several more weeks for its IPO preparations, the sources…
Disney and other companies reportedly suspend YouTube ads over news of a pedophile network on the site

Disney and other companies reportedly suspend YouTube ads over news of a pedophile network...

Disney and Nestle have paused advertising on YouTube after reports of a pedophile network rampant in the comments of monetized videos, according to Bloomberg. Fortnite maker Epic Games has also paused some advertising, a spokesperson confirmed to CNBC. The controversy stems from reports that pedophiles have latched onto videos of young children, often girls, marking…
Samsung just announced four pricey new Galaxy phones to take on the iPhone

Samsung just announced four pricey new Galaxy phones to take on the iPhone

Price: Starting at $749Release date: March 8 This is Samsung's rival to the iPhone XR. It doesn't have all of the features in the Galaxy S10 and Galaxy S10+, such as the new in-screen fingerprint reader, the same advanced cameras or the really sharp and curved displays in the more costly models. But it does…
Ex-Trump lawyer Michael Cohen gets prison surrender date delayed two months to May 6

Ex-Trump lawyer Michael Cohen gets prison surrender date delayed two months to May 6

President Donald Trump's former personal lawyer Michael Cohen was granted a two-month extension of his prison surrender date Wednesday after his attorney cited his need to continue recovering from recent shoulder surgery, and to prepare for upcoming testimony before three Congressional committees. Cohen, 52, will now enter prison on May 6 to begin his three-year…
Monthly gains in January and February historically signal a 20% average market advance for the year

Monthly gains in January and February historically signal a 20% average market advance for...

A market signal with a nearly perfect track record points to a strong year for stocks, according to S&P Dow Jones Indices. "Since 1938, there's been 30 years where both January and February have been positive. And 29 of those years out of 30 have ended up positive, and big, on average over 20 percent,"…
Starboard Value has 1 million-share stake in Bristol-Myers Squibb, has met with management

Starboard Value has 1 million-share stake in Bristol-Myers Squibb, has met with management

Bristol-Myers Squibb confirmed on Wednesday that activist hedge fund Starboard Value owns a 1 million share stake in the company and said separately its $74 billion deal to acquire cancer drugmaker Celgene is "on track" to close during the third quarter. Starboard's stake is just a fraction of Bristol-Myers Squibb's 1.63 billion shares outstanding, but…
Amtrak’s plan to boost ridership could hurt long-distance routes, report says

Amtrak’s plan to boost ridership could hurt long-distance routes, report says

Amtrak is planning to boost its ridership by revamping its national network of passenger trains, which could bring changes to its storied long-distance routes. The train service wants to target the fastest-growing parts of the country with more frequent trains between cities, the Wall Street Journal reported Wednesday. Mimicking its popular Northeast Corridor route, which…

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