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iPhones could get cheaper in India as Apple gears up to manufacture 6, 6s, SE locally

Following reports from last month about Apple preparing to manufacture the iPhone SE in India, the Wall Street Journal reports that the company is adding its 6 and 6s models to the lineup that will be assembled there. A government official...Show More Summary

Theranos Offers Investors Very Unusual Deal

The founder of troubled blood-testing firm Theranos is giving up some of her stake in the company in a bid to prevent yet more lawsuits, insiders say. Sources tell the Wall Street Journal that Elizabeth Holmes is offering investors up to two extra shares for every one that they own...

The IRS Scandal, Day 1416:‘Media Attention’ And IRS Abuse

Wall Street Journal op-ed: ‘Media Attention’ and IRS Abuse: A Simple Rule Fix Could End Partisan Targeting Tomorrow, by John J. (President & CEO, Cause of Action Institute): The Internal Revenue Service’s targeting of Americans for their political views may have ended with the Obama administration — or even with...

Trump expected to nominate attorney John Sullivan as No. 2 at State Dept.: WSJ

7 hours agoNews : The Raw Story

President Donald Trump is expected to nominate attorney John Sullivan as deputy secretary of state, the Wall Street Journal reported on Thursday, citing U.S. officials familiar with the discussions. Sullivan, 57, has been a partner in the Washington office of law firm Mayer Brown and served in the...

Theranos Offers More Worthless Stock to Investors Who Pinky Swear Not to Sue

9 hours agoTechnology / Gadgets : Gizmodo

The Wall Street Journal has yet another essential report from inside the meltdown of biomedical company Theranos. The company, which is currently the subject of a criminal probe for allegedly misleading investigators and government investigators, is reportedly offering investors more shares in exchange for a promise… Read more...

Ruport Murdoch reportedly sold $125 million in Theranos stock for just $1 (NWSA)

Rupert Murdoch has sold his $125 million stake in beleaguered blood testing startup Theranos, according to a new report from the Wall Street Journal. Citing a source familiar with the deal, the Wall Street Journal says the company bought back Murdoch's shares for just $1. Show More Summary

What? New York Times Dedicates Full Story to Praising Wall Street Journal for Editorial Critical of Trump

Folks, this is like McDonalds writing about how great the burgers at Wendy’s are. In Thursday’s print edition, The New York Times dithered away with a 750-word-plus story heaping praise on New York City competitor The Wall Street Journal for publishing a Wednesday editorial slamming the credibility of President Trump.

Podcast: Trump strains the news/opinion divide

ON THE KICKER THIS WEEK, I’m joined by CJR’s David Uberti, Nausicaa Renner, and Carlett Spike to discuss The Wall Street Journal’s scathing editorial attacking President Trump’s credibility. We also cover the divide between newsrooms and editorials, and question whether readers understand the distinction. Show More Summary

SBE-Hakkasan Merger Would Create One Clubstaurant Group to Rule Them All

Get ready for more expensive food and celebrity appearances than ever before Two mega hospitality and nightlife groups are in talks to merge: SBE Entertainment has confirmed to the Wall Street Journal that it is in “advanced talks to combine” with the Hakkasan Group, which WSJ sources say would create one gigantic company worth $1 billion dollars. Show More Summary

Still no support for de Blasio's 'mansion tax'

State Republicans have shrugged off Mayor Bill de Blasio's proposed "mansion tax," according to The Wall Street Journal. De Blasio visited Albany Wednesday to rally support. The proposal calls for a... To view the full story, click the title link.

Tronc’s Faltering Age of the Machines

Critics of Tronc chairman Michael Ferro have long alleged that he tends to throw out visionary ideas that later get left by the wayside. Today's Wall Street Journal report about apparent rising tensions between Ferro and fellow major-piece shareholder Patrick Soon-Shiong would seem to bear that out. From the very end of Lukas I Alpert's...

Dating Sites Speak Out About the Collapse of the Big Shopping Portal Deal

pparently earning 76 British Airways points per dollar signing up for a dating site was legitimate, but an advertised short-term offer of 150 miles was ‘invalid’. Scott McCartney in the Wall Street Journal takes a look at the mileage-earning deal’s demise. Continue reading Dating Sites Speak Out About the Collapse of the Big Shopping Portal Deal...

Is Bank Lending a Concern?

I have seen some angst recently over declining growth in commercial bank lending. See, for example, the Wall Street Journal: "Bank loans across all categories are increasing 4.6% annually, the slowest pace since 2014, according to weekly...

Wall Street Journal Rips Into Trump - Is The Honeymoon Over?

Is the Trump / Wall Street / Billionaires tolerance wearing thin? JOE SCARBOROUGH: Katty Kay, I think one of the things that surprised me in the last week, and what surprised me before, when I spoke to business people they discounted almost everything Trump had done in the last couple of months, and that bubble seemed to burst yesterday. Show More Summary

The Nature of Truth

Pretty much everybody has concluded at this point that President’s Trump’s tweeted wiretapping allegation is less than fully truthful. From writers at National Review to the Wall Street Journal editorial board, standard conservative sources are, after James Comey’s testimony, proclaiming the credibility of the Trump presidency damaged. Show More Summary

U.S. Prepping Case Linking North Korea To $81MM New York Fed Bank Heist

As tensions between the U.S and North Korea continue to escalate, with the most recent provocation coming from Kim Jong Un last night, the Wall Street Journal has just reported that Federal prosecutors are building potential cases that...Show More Summary

Spicer Dismisses Questions About Trump’s Credibility: He’s Kept His Promises

yesterdayNews : Mediaite

During today's press briefing, CNN's Jeff Zeleny asked Press Secretary Sean Spicer about the editorial from The Wall Street Journal tearing into President Trump.

WSJ op-ed blasts Trump while Manafort/Russia scandal worsens

A blistering anti-Trump editorial in today’s Wall Street Journal proves the Resistance is alive and well, and working. I’d argued early on that the best way to undermine Trump’s presidency was to undermine Trump personally, by targeting his fragile psyche. The more the left can get under Trump’s notoriously thin-skin, the more erratic Trump (who already […]

Fed Watch: Is Bank Lending A Concern?

Tim Duy: Is Bank Lending A Concern?, by Tim Duy: I have seen some angst recently over declining growth in commercial bank lending. See, for example, the Wall Street Journal: Bank loans across all categories are increasing 4.6% annually, the...

Unpacking WSJ’s ‘watershed’ Trump editorial

The Wall Street Journal, an outlet that has faced criticism including from within its own newsroom for soft news coverage of President Trump, this morning published a scathing editorial questioning Trump’s credibility and comparing his inability to admit error to an alcoholic clinging to an empty bottle. The piece represents a shift in the paper’s […]

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