Money News

Asia Markets: Hong Kong edges ahead as Asian markets largely pull back

9 months ago kakp2 Comments Off on Asia Markets: Hong Kong edges ahead as Asian markets largely pull back
After a strong start to the week, global stock markets were broadly lower in Asia on Wednesday, though Hong Kong equities outperformed as strong gains in one of the city’s biggest share listings this year drove buying interest. Solid buying pushed several stock indexes, including those in Australia, Japan, and Hong Kong, to multiyear highs Read More

Here’s how much the iPhone X costs Apple to make

9 months ago kakp2 Comments Off on Here’s how much the iPhone X costs Apple to make
When Apple unveiled the iPhone X, its $999 retail price attracted criticism. But the iPhone X comes with a high price tag for Apple, too. The iPhone X’s bill of materials — the total cost of the smartphone’s components — is the highest ever for an Apple Read More

The Wall Street Journal: Bill de Blasio easily re-elected as New York City mayor

9 months ago kakp2 Comments Off on The Wall Street Journal: Bill de Blasio easily re-elected as New York City mayor
New York City Mayor Bill de Blasio was re-elected by a wide margin on Tuesday, easily overtaking Republican Nicole Malliotakis to become the first Democratic mayor to win two terms in the city since the early 1980s. De Blasio was winning with nearly 60% of the vote to Malliotakis’ 26% at 9:30 p.m., with 60% Read More

Key Words: Trump warns North Korea: ‘Do not try us’

9 months ago kakp2 Comments Off on Key Words: Trump warns North Korea: ‘Do not try us’
Speaking before South Korean lawmakers, President Donald Trump issued a stark warning Wednesday to North Korea. “Do not underestimate us, and do not try us.” President Donald Trump Read More

The Wall Street Journal: In sign of ACA’s popularity, Maine votes to expand Medicare

9 months ago kakp2 Comments Off on The Wall Street Journal: In sign of ACA’s popularity, Maine votes to expand Medicare
Maine residents voted decisively to expand access to Medicaid under the Affordable Care Act on Tuesday, a key test of the ACA’s popularity after a failed push to repeal it by Republicans in Washington. Support for the ballot measure was leading 59%-41% with 66% of precincts reporting, and the Associated Press declared it had been Read More

The Wall Street Journal: Democrat Phil Murphy wins New Jersey governor’s race

9 months ago kakp2 Comments Off on The Wall Street Journal: Democrat Phil Murphy wins New Jersey governor’s race
New Jersey voters Tuesday elected Democrat Phil Murphy as their next governor, ending two terms of Republican control and setting the stage for shifts in the state’s approach to spending, collective bargaining and social issues. The Associated Press declared Murphy, a former Wall Street executive who has never served in public office, the winner in Read More

The Wall Street Journal: Democrat Ralph Northam elected Virginia governor in rebuke to Trump

9 months ago kakp2 Comments Off on The Wall Street Journal: Democrat Ralph Northam elected Virginia governor in rebuke to Trump
Democrat Ralph Northam captured the Virginia governorship on Tuesday, beating Republican Ed Gillespie in the first major test of how the Donald Trump presidency has affected swing-state politics. The Associated Press declared Northam, a physician who is Virginia’s lieutenant governor, winner in the race to succeed Democratic Gov. Terry McAuliffe, giving their party another four Read More

The Wall Street Journal: Activist Bill Ackman taunted by CEO after losing bid for seats on ADP board

9 months ago kakp2 Comments Off on The Wall Street Journal: Activist Bill Ackman taunted by CEO after losing bid for seats on ADP board
ROSELAND, N.J. — William Ackman lost his bid for three seats on the board of Automatic Data Processing Inc., a resounding rebuke of the struggling activist investor as shareholders sided with management at the human-resources software company. ADP ADP, +1.28% Read More