While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia were mixed on Tuesday, as the People's Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies.Asia Marketsread more
OptionMonster's Jon Najarian points out what looks to be unusual activity in the options of Stryker and Mako ahead of their $1.65 billion merger agreement.
Najarian, who is a "Fast Money" trader sent me some comments on the activity Wednesday morning:
Today I woke to see the announcement that medical-technology company Stryker had reached a definitive agreement to acquire Mako Surgical for $30.00 per share. I'm sure shareholders of MAKO were delighted to see the value of their positions nearly double overnight from the closing price of $16.17 yesterday. However, I KNOW that some traders were much happier than others, as our work at OptionMonster shows very strong, unusual activity ahead of today's windfall.