S&P 500 posts best quarter since 2013

S&P 500 posts best quarter since 2013

Stocks closed little changed as investors wrapped up a quarter that featured strong gains. For the quarter, the S&P 500 rose 7.2 percent, its best quarterly gain since the fourth quarter of 2013. The Nasdaq Composite also notched a 7.1 percent quarterly gain, its best since first quarter 2017. The Dow Jones Industrial Average outperformed…
Sears shares fall below $1 as key debt deadline nears

Sears shares fall below $1 as key debt deadline nears

Now, on top of that, there's the risk that Sears' stock could be delisted. Its shares are traded on the Nasdaq, which has a $1 bid price requirement for shares and notifies companies once their stocks trade for 30 days consecutively below that threshold, according to Nasdaq's website. From there, companies are typically afforded a…
Bank of America Merrill Lynch cracks down on risky securities with ban on penny stocks

Bank of America Merrill Lynch cracks down on risky securities with ban on penny...

Bank of America appears to be the first major wirehouse to restrict the purchase of penny stocks. While other firms have review processes for these riskier trades, it's still possible to buy penny stocks at Morgan Stanley and UBS, according to people with knowledge of those firms' policies. The move is the latest example of…
Cramer: People in Silicon Valley tell me Facebook is a hated company who broke their trust

Cramer: People in Silicon Valley tell me Facebook is a hated company who broke...

Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  A number of people in Silicon Valley hate Facebook and believe the social network's…
People are complaining the iPhone XS camera’s ‘beauty filter’ is too aggressive

People are complaining the iPhone XS camera’s ‘beauty filter’ is too aggressive

People are complaining about the front-facing "selfie" camera on Apple's new iPhone XS and iPhone XS Max. In a thread on Reddit, owners of the new iPhone XS say the camera is over-processing their faces with filters that smooth out their skin. "It's like really poor Photoshopping by someone trying to "airbrush" with no clue…
Sen. Jeff Flake will support Kavanaugh, a critical vote for the Supreme Court nominee’s confirmation

Sen. Jeff Flake will support Kavanaugh, a critical vote for the Supreme Court nominee’s...

Ahead of a committee meeting Friday morning, women who say they were sexually assaulted confronted him as he stood in a Capitol elevator. The exchange was captured by CNN. "Look at me when I'm talking to you. You're telling me that my assault doesn't matter," one unidentified woman tearfully said to Flake as he silently…
Watch: Senate Judiciary Committee votes on advancing Brett Kavanaugh’s Supreme Court nomination

Watch: Senate Judiciary Committee votes on advancing Brett Kavanaugh’s Supreme Court nomination

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The Senate Judiciary Committee meets Friday morning to discuss whether to advance Supreme Court nominee Brett Kavanaugh's confirmation, only hours after dramatic testimony about a sexual assault accusation against the…
Tesla shares plunge as Wall Street throws in towel, saying Musk departure could cost stock $130

Tesla shares plunge as Wall Street throws in towel, saying Musk departure could cost...

Wall Street is buzzing over SEC's civil action against Tesla CEO Elon Musk, predicting significant negative ramifications for the electric car market due to the action. Shares of the automaker were down 11 percent Friday. The Securities and Exchange Commission sued Musk on Thursday, alleging for fraud. The complaint says Musk issued "false and misleading"…
Republicans are moving quickly to confirm Brett Kavanaugh to the Supreme Court — here’s what’s next

Republicans are moving quickly to confirm Brett Kavanaugh to the Supreme Court — here’s...

Republicans have heard enough. Just a day after hearing extraordinary, emotionally charged testimony from Brett Kavanaugh and Christine Blasey Ford, who accuses President Donald Trump's Supreme Court nominee of sexual assault, the Senate GOP is moving forward with the judge's confirmation process. The first key vote on his nomination is lined up for Friday morning.…
Air Niugini plane crashes in lagoon near Micronesia — all passengers safe

Air Niugini plane crashes in lagoon near Micronesia — all passengers safe

James Yaingeluo | via REUTERS People are evacuated from an Air Niugini plane crashed in the waters in Weno, Chuuk, Micronesia, September 28, 2018 in this picture obtained from social media.  An Air Niugini plane crashed in a lagoon off the Federal States of Micronesia after missing the runway while attempting to land. The Papua…

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