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3 Top Stocks That Are Cash Cows
Apple, Amazon, and PayPal are swamped in cash and could swamp your portfolio with great returns.
Sat, 17 Aug 2019 14:00:00 +0000Read moreThe Surprising Industry the U.S.-China Trade War Could Throttle
This "green" industry could be in big trouble if President Trump gets aggressive with tariffs.
Sat, 17 Aug 2019 13:06:00 +0000Read moreTrump’s Dinner Guest on Friday Will Be Apple’s CEO Tim Cook
(Bloomberg) -- President Donald Trump, who has repeatedly lashed out at technology giants and their leaders, announced on Friday evening that he would be dining with Apple Inc. Chief Executive Officer Tim Cook.“Having dinner tonight with Tim Cook of Apple,” Trump, who is staying at his golf resort in Bedminster, New Jersey, wrote on Twitter. “They will be spending vast sums of money in the U.S. Great!”He did not elaborate, and Apple did not immediately respond to a request for comment on the meeting.Heads of other major technology companies, including Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc. have not fared as well in the president’s tweets and public remarks.He and his political allies have made unsupported claims that social media companies muzzle conservative views. Trump has assailed Amazon for edging out brick-and-mortar retailers and criticized its founder Jeff Bezos, who owns the Washington Post.Pressure on tech companies is increasing in Washington as congressional Republicans examine accusations of bias against conservatives; Democrats in the House conduct an antitrust inquiry and officials at the Justice Department and the Federal Trade Commission divvy up oversight of Google, Facebook, Apple, and Amazon.Earlier this week, FTC Chairman Joe Simons said in an interview that he wouldn’t let Trump’s complaints about the size and political inclinations of large technology platforms affect his agency’s decisions.Cook visited the White House in June to discuss the Trump administration’s efforts to develop job training programs that meet the changing demands of U.S. employers. The meeting was part of the American Workforce Policy Advisory Board, a working group that includes many corporate leaders. Commerce Secretary Wilbur Ross and Trump’s daughter and adviser Ivanka Trump unveiled the initiative earlier this year.\--With assistance from Alistair Barr.To contact the reporter on this story: John Harney in Washington at jharney2@bloomberg.netTo contact the editors responsible for this story: Kevin Whitelaw at kwhitelaw@bloomberg.net, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Sat, 17 Aug 2019 00:00:06 +0000Read moreSino-US Trade Tension Softens: ETFs in Focus
We study some ETFs, which might benefit from Trump's latest move to delay tariffs on an array of Chinese imports.
Fri, 16 Aug 2019 23:36:11 +0000Read moreTrump says he is having dinner Friday with Apple CEO Cook
U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States. The White House did not immediately respond to a question about the agenda for the dinner and what Trump was referring to when he said Apple would be spending vast sums in the United States.
Fri, 16 Aug 2019 23:16:53 +0000Read more