We’re Not Hurting from Government Shutdown [Yet]

United Airlines says it’s not hurting from the government shutdown — at least not yet, anyway. | Source: Shutterstock United Airlines CEO Oscar Munoz says the partial US government shutdown has not had a significant financial impact yet, but warns that this could change dramatically if the furlough drags on much longer. “There is some […]

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Call of Duty Publisher Activision’s Shares Fall on Destiny Departure

Activision Blizzard shares dropped nearly 10% on Friday after the leading video game publisher announced a split with “Destiny” creator Bungie. The “Call of Duty” and “World of Warcraft” publisher has handed back publishing rights for first-person shooter game “Destiny” to Bungie. The split has been filed with the Securities and Exchange Commission. Bungie will […]

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Ocasio-Cortez Could Land Banking Post, How Will Stock Market Respond?

Rep. Alexandria Ocasio-Cortez is the youngest woman ever to serve in Congress. She now looks set to make waves by joining the House Financial Services Committee, which oversees the Wall Street regulatory regime. Peeling Back Trump’s Years of Deregulation Reports indicate the Democratic congresswoman has a strong chance of the appointment and could be an […]

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Jeff Bezos’ Affair With Married Lauren Sanchez Puts World’s Largest Fortune At Risk

In an earlier report about the Bezos divorce, CCN wondered if Jeff Bezos and his wife MacKenzie had used a prenuptial agreement when they were married in 1993. Perhaps unfortunately for Jeff, they did not, TMZ reports. Was Jeff Bezos Cheating? Reportedly, Jeff Bezos has been officially carrying on a relationship with married Lauren Sanchez […]

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Dow Jones Recovers by 2% But Why Are Investors Still “Shell-Shocked”?

SkyBridge Capital Senior Portfolio Manager Robert Duggan Following a troubling performance on Christmas Eve, on December 26, the Dow Jones recorded a 5 percent increase of more than 1000 points, avoiding a bear market. Technology stocks in the likes of Amazon have recorded strong daily gains possibly due to the oversold conditions the market demonstrated. […]

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