Section: Business Insider (USA)
10 things you need to know before the opening bell (spy, spx, qqq, dia)
Reuters/Darrin Zammit LupiHere is what you need to know. Spanish prime minister Mariano Rajoy lost his majority. Prime Minister Mariano Rajoy’s People’s Party won 123 out of 350 seats, losing its majority. Although still a victory, the results were a disappointment from the 186 seats the party claimed in the previous election. Rajoy...
PUTIN: ‘Nobody wants to believe that we’re not trying to bring the Soviet Union back’
Reuters/Maxim ZmeyevMoscow (AFP) – Russia is not trying to bring back the USSR, President Vladimir Putin said in a documentary aired Sunday, but the problem is that “nobody wants to believe it”. Since the beginning of the Ukraine crisis, which saw pro-Russian leader Viktor Yanukovych ousted by pro-European demonstrators, Moscow...
It has been a horrible year for IPO performance
REUTERS/Valentyn OgirenkoInitial-public-offering performance has been awful in 2015. Most of the big offerings this year are now trading lower than their IPO price. That means investors who bought into these deals in the hope of a rising share price are instead sitting on losses. That’s not something investors want to see. If the deals...
Europe just had a year from hell — and next year could be worse
REUTERS/Dominic EbenbichlerBRUSSELS (Reuters) – By any measure, it has been a year from hell for the European Union. And if Britons vote to leave the bloc, next year could be worse. Not since 1989, the year the Berlin Wall fell and communism crumbled across eastern Europe, has the continent’s geopolitical kaleidoscope been shaken up...
ABC moderator confronts Hillary Clinton over Libya: ‘How much responsibility do you bear?’
REUTERS/Brian SnyderA moderator for the ABC News Democratic debate on Saturday night confronted presidential frontrunner Hillary Clinton over how much responsibility she should bear for the chaos the followed the ousting of former leader Muammar Qaddafi. Martha Raddatz noted that Libya is “falling apart” and that Clinton recommended...
Ukraine’s Darth Vader politician posed for a bunch of ridiculous photos of his daily routine
Reuters published a rather unique photo essay last Friday featuring Ukraine’s Darth Vader going about his daily routine — including walking his dog, shaving, and riding the bus. The wire service reported that the Ukrainian citizen officially changed his name to Darth Mykolaiovych Vader in order to run a stunt campaign for mayor in the port...
Donald Trump praises Vladimir Putin after being asked about him killing journalists
MSNBC/screenshotDuring a Friday-morning interview with Donald Trump, MSNBC host Joe Scarborough was baffled by the Republican front-runner’s embrace of Russian President Vladimir Putin. “Sure, when people call you ‘brilliant’ it’s always good. Especially when the person heads up Russia,” Trump told co-host Mika...
10 things you need to know before the opening bell (spy, spx, qqq, dia, aapl, gsk, bmy, ms)
Reuters/David MercadoHere is what you need to know. The Bank of Japan said its buying more ETFs. At Friday’s meeting, the Bank of Japan kept the size of its quantitative easing program unchanged at around ¥80 trillion per year, but said it would increase its ETF ad REIT purchases and extended the maturities on its bond purchases. The BOJ...
UN: The number of refugees worldwide has surpassed a record 60 million
Thomson ReutersGENEVA (Reuters) – The number of people forcibly displaced worldwide is likely to have “far surpassed” a record 60 million this year, mainly driven by the Syrian war and other protracted conflicts, the United Nations said on Friday. The estimated figure includes 20.2 million refugees fleeing wars and persecution,...
