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Stocks
Why Telecom Stocks Like AT&T and T-Mobile US Tumbled Today
One group of stocks that has been punished during this current market downturn is telecoms. On Tuesday, they got little respite, on news of remarks from a top executive at one of their incumbent companies.Many telecoms sank into the gloom that trading session, including big dogs AT&T (NYSE: T) and T...The Motley Fool
Tue, Mar 11
Other
Trump's Justice Department shakeup hits bankruptcy watchdog
By Dietrich Knauth March 11 (Reuters) - President Donald Trump’s purge of government employees has hit the Justice Department’s bankruptcy watchdog, with the firing of the director of the Office of the U.S. Trustee.Tara Twomey was removed from her position on Friday, along with other senior DOJ o...Reuters
Tue, Mar 11
Other
North Korea says South Korea jets' accidental bombing shows armed conflict possible, KCNA says
SEOUL, March 12 (Reuters) - North Korea said on Wednesday a recent accidental bombing of a civilian area by South Korean fighter jets in training shows a mishap could trigger a new armed conflict on the Korean peninsula, its state news agency reported.Two South Korean jets mistakenly dropped eight a...Reuters
Tue, Mar 11
Other
House Republicans block Congress' ability to challenge Trump tariffs
US House prevents challenges to Trump's tariffs this yearDemocrats opposed in vote that went largely on party linesBy Bo Erickson WASHINGTON, March 11 (Reuters) - The Republican-controlled U.S. House of Representatives voted on Tuesday to block the ability of Congress to quickly challenge tar...Reuters
Tue, Mar 11
Other
U.S. Department Of Education Initiates 'Reduction In Force'
March 11 (Reuters) - U.S. DEPARTMENT OF EDUCATION SAYS IT INITIATED 'REDUCTION IN FORCE'U.S. DEPARTMENT OF EDUCATION SAYS ITS REDUCTION IN FORCE IS IMPACTING NEARLY 50% OF THE DEPARTMENT’S WORKFORCEU.S. DEPARTMENT OF EDUCATION SAYS IMPACTED DEPARTMENT STAFF WILL BE PLACED ON ADMINISTRATIVE L...Reuters
Tue, Mar 11
Commodities
USDOT says Verizon not moving fast enough on $2.4 billion FAA contract
By David Shepardson WASHINGTON, March 11 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Tuesday that Verizon VZ.N is "not moving fast enough" in its $2.4 billion, 15-year telecom contract with the Federal Aviation Administration.Duffy, who plans to ask Congress for tens of b...Reuters
Tue, Mar 11
Stocks
Nasdaq Sell-Off: 3 No-Brainer Artificial Intelligence (AI) Stocks You'll Regret Not Buying on the Dip
After running hard for more than two years, the current bull market is finally taking a well-deserved breather. The Nasdaq Composite has slipped into correction territory, defined as a decline of 10% or more from a recent peak. While it can be unsettling to watch the value of our investing accounts ...The Motley Fool
Tue, Mar 11
Cryptocurrencies
Bitcoin Price Crash: 6 Key Events To Watch Out For In Crypto This Week
The ongoing Bitcoin price crash is a testament to the growing volatility and uncertainty in the crypto market. As Bitcoin faces more downward pressure, the market braces for a wave of key economic reports this week that could influence prices. Bitcoin Price On Edge As Market Awaits Key Economic Repo...Bitcoinist
Tue, Mar 11
Other
UK payments regulator to be abolished and absorbed by financial watchdog
By Sam Tabahriti LONDON, March 11 (Reuters) - Britain's payments regulator will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday, as it aims to cut red tape in favour of growth.The Payment Systems Regulator (PSR), which oversees systems includ...Reuters
Tue, Mar 11
Other
Musk launches appeal to restore $56 billion Tesla payday
Musk argues lower court made legal errors in rescinding pay packageLower court judge deemed pay package unfair to Tesla shareholdersMusk's appeal claims wrong legal standard was appliedBy Tom Hals WILMINGTON, Delaware, March 11 (Reuters) - Elon Musk kicked off his appeal to try to restore...Reuters
Tue, Mar 11
Stocks
E W Scripps Co reports results for the quarter ended December 31 - Earnings Summary
E W Scripps Co SSP.OQ reported quarterly adjusted earnings of 92 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-3.17. The mean expectation of five analysts for the quarter was for earnings of 98 cents per share. Wall S...Reuters
Tue, Mar 11
Other
EXPLAINER-What is fluoride and why is it added to the US water supply?
March 11 (Reuters) - Utah is poised to become the first state to prohibit fluoride in its water systems, just weeks after fluoride-critic Robert F. Kennedy Jr. was confirmed to lead the U.S. Department of Health and Human Services.Fluoride strengthens tooth enamel and promotes dental health. Here is...Reuters
Tue, Mar 11
Other
Law firm targeted by Trump executive order sues his administration
Perkins Coie lawsuit says Trump's order is unconstitutional and led clients to drop firmTrump's order suspended security clearances, reviewed contracts with Perkins CoiePerkins Coie linked to Clinton's campaign, criticized by Trump for Fusion GPS workBy Mike Scarcella March 11 (Reuter...Reuters
Tue, Mar 11
Cryptocurrencies
Ethereum Price Forecast: ETH eyes $2,200 resistance as Fidelity seeks ETH ETF staking approval
Ethereum (ETH) is up 3% on Tuesday following Cboe BZX's filing with the Securities & Exchange Commission (SEC) for Fidelity to permit staking within its spot Ethereum ETF.
Fxstreet
Tue, Mar 11
Other
Measles cases in Texas, New Mexico rise by 28 in five days as outbreak spreads
By Bhanvi Satija March 11 (Reuters) - Texas and New Mexico on Tuesday reported an increase of 28 cases of measles in the last five days, bringing the total known infections to 256 in the two states since an outbreak began in late January.The outbreak, which started in West Texas, caused the first...Reuters
Tue, Mar 11
Stocks
Nasdaq short interest up 1% in late February
NEW YORK, March 11 (Reuters) - Short interest on the Nasdaq rose 1% in late February, the exchange said on Tuesday.As of February 28, short interest rose to about 15.33 billion shares, compared with 15.18 billion shares as of February 15.Investors who sell securities "short" borrow shares an...Reuters
Tue, Mar 11
