Boeing’s 737 Max Might Be Grounded Past the Holidays

More bad news for Boeing, as it seems likely that their popular 737 Max model might not be in the air until after the holidays. Maxed Out Boeing took the 737 Max out of the air, following two horrific crashes that killed more than 400 people, and has reportedly considered temporarily halting production of theContinue reading “Boeing’s 737 Max Might Be Grounded Past the Holidays”

How Trump Can Win the Trade War

(Bloomberg Opinion) — If the trade war’s objective is to even the playing field for American firms, President Donald Trump isn’t going about it the right way. China’s easy access to U.S. dollars over the past decade has fueled asset bubbles, driven an overseas debt binge and laid the groundwork for its low-cost, export-driven economy.Continue reading “How Trump Can Win the Trade War”

U.S. Unleashes Military to Fight Fake News, Disinformation

(Bloomberg) — Fake news and social media posts are such a threat to U.S. security that the Defense Department is launching a project to repel “large-scale, automated disinformation attacks,” as the top Republican in Congress blocks efforts to protect the integrity of elections. The Defense Advanced Research Projects Agency wants custom software that can unearthContinue reading “U.S. Unleashes Military to Fight Fake News, Disinformation”

Lockheed Adds To Lead On This Top Pentagon Weapons Development Priority

Lockheed Martin has won a $347 million contract to help the U.S. Army develop, build and integrate new, long-range hypersonic weapons. source

Oklahoma Judge Holds Johnson and Johnson ($JNJ) Responsible for Opioid Crisis Fined $572 Million

Johnson and Johnson has been ruled against in a litigation that was overseen by Judge Thad Balkman. Balkman is holding Johnson and Johnson responsible for the state’s opioid crisis. Johnson and Johnson holds many sources of income from lotions to pharmaceuticals, it’s alleged that Johnson & Johnson’s sales practices created a massive oversupply of opioidsContinue reading “Oklahoma Judge Holds Johnson and Johnson ($JNJ) Responsible for Opioid Crisis Fined $572 Million”

Supposed China Talks Set to Continue

In a tweet released shortly ago by Reuters, it seems President Trump is back on track to negotiate a deal with China and have it done shortly. Chinese Vice Premier Liu He said on Monday that China is willing to resolve its trade dispute with the United States through negotiations and opposes the escalation ofContinue reading “Supposed China Talks Set to Continue”

Apple’s $44 Billion Drop Shows Growing Cost of Reliance on China

(Bloomberg) — Apple Inc.’s reliance on China is looking increasingly like its biggest handicap.The world’s most influential consumer electronics company shed $44 billion of market value Friday after a pair of pronouncements from Beijing and Washington cast a spotlight on its massive Chinese production base, from which almost all of the world’s iPhones are made.U.S.Continue reading “Apple’s $44 Billion Drop Shows Growing Cost of Reliance on China”

Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed

What started as a slightly green early morning for futures ended in a disastrous week for United States financial markets. Currently the S&P 500 has experienced a fall of over -178 points or a -5.68% drop in a month with the weekly fairing a loss of -2.5% it’s clear the market is uneasy. Now letsContinue reading “Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed”

No Matter What Trump Says, Apple Will Never Get Out of China

Apple stock fell 4.6% on Friday, a decline almost twice that of the Dow Jones Industrial Average, which fell 2.4% in the week’s final session. source

Google, Facebook Unite With Trump to Protest French Tech Tax

(Bloomberg) — The relationship between President Donald Trump and the largest U.S. technology companies has often been frosty but a common opponent — France’s plan to tax U.S. tech giants — will bring the two sides together, at least temporarily.Alphabet Inc.’s Google, Facebook Inc. and Inc. are all scheduled to testify in Washington onContinue reading “Google, Facebook Unite With Trump to Protest French Tech Tax”