Market Insight Blog

Kushner and Ivanka Trump detail big tech stake, art and up to $762 million in assets
Jared Kushner revises financial disclosures Jared Kushner and Ivanka Trump filed disclosure documents on Friday that reveal new information about their extensive business holdings and investments that could be worth more than $762 million. Kushner's document updates one released four months ago and includes some previously undisclosed holdings that comprise some of the couple's most valuable investments. His interest in Cadre, a tech company that helps investors crowdfund real estate projects, […]

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In search of donations: NASA's famed Apollo Mission Control Center
A nonprofit says it needs $5 million to polish up this National Historic Landmark. Houston, we have a problem. The historic Apollo Mission Control Center at the Johnson Space Center in Houston -- where NASA helped put a man on the moon 50 years ago -- is in desperate need of repair after years of wear-and-tear, a nonprofit group said. The group, Space Center Houston, operates a large space education center nearby and conducts tours of the Johnson Space Center -- a sprawling and active NASA […]

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Pro-Trump media celebrates Spicer's departure, Scaramucci's appointment
Scaramucci once called Trump a 'hack politician' President Donald Trump's most fervent online supporters don't seem to care about some of the liberal views held by new White House Communications Director Anthony Scaramucci. They want a fighter loyal to the president and his cause, and they believe they got that with Scaramucci's appointment and Sean Spicer's resignation. Scaramucci has previously tweeted in favor of gun control and said he thinks it's "disheartening" some people view climate […]

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Scaramucci sorry for calling Trump a 'hack' with a 'big mouth' in 2015
Scaramucci once called Trump a 'hack politician' During the presidential campaign two years ago, Anthony Scaramucci called President Trump "another hack politician" who is "anti-American." On Friday, at a press briefing after being named White House communications director, Scaramucci apologized.

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Tech giants spend record amounts on lobbying under Trump
Top tech leaders meet with Trump The tech industry is spending big in President Trump's Washington. Google (GOOGL, Tech30), Apple (AAPL, Tech30), Amazon and Uber all spent record amounts lobbying federal officials during the three months that ended in June, according to new lobbying disclosures. Google, typically one of the top spenders in Washington, pumped nearly $6 million into its lobbying efforts for the three-month period. That's up from $4.2 million in the same quarter a year earlier. […]

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One year after Roger Ailes' departure, Fox News thrives as an unabashed Trump booster
Stelter: Fox & Friends is a Trump infomercial When Roger Ailes resigned from Fox News one year ago, critics questioned whether the network could stay dominant without its visionary founder. One year later, Fox News remains the most-watched network on cable news and one of the most powerful forces in American politics. The brand that Ailes built has retained its loyal following and proven stronger than the scandals it endured, or the talent it has lost, or been forced to drop, since Ailes […]

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Wells Fargo ordered to rehire whistleblower and pay $577,500 in back wages
Warren and Yellen spar over Wells Fargo A federal agency has ordered Wells Fargo to give a whistleblower her job back, along with $577,500 in back pay and damages. The whistleblower was working as a branch manager in Pomona, California, when she was fired for reporting misconduct related to the bank's fake account scandal, according to findings released on Friday by the Department of Labor's Occupational Safety and Health Administration. Wells Fargo "terminated the employee turned whistleblower […]

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What's next for online black markets?
A Pastor's Suicide Show of hands: Who likes to buy illegal drugs online? How about weapons, or malware, or lists of credit-card numbers? We're sorry to inform you, but your nefarious desires just got harder to satisfy. With the takedown of two of the dark web's major marketplaces—AlphaBay and Hansa—this week, buyers and sellers of illicit materials are wondering where to go next and which—if any—dark-web marketplaces are safe from government watchdogs. European and U.S. […]

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JetBlue considers new JFK terminal
This flying hotel can be yours for $74,000 an hour JetBlue Airways might build a new terminal at New York City's much maligned John F. Kennedy airport. The New-York based airline said a new terminal could boost capacity, improve flyers' experience and let it partner with additional airlines.

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Sean Spicer's resignation may mean the end of Melissa McCarthy's 'SNL' character
'Spicy' returns to 'SNL' Sean Spicer's resignation Friday doesn't just mean the end of his time as White House press secretary. It also likely means the end of one of the all-time great "Saturday Night Live" impersonations: Melissa McCarthy's Sean "Spicy" Spicer. "It is not too much to say that Melissa McCarthy turned in the most devastatingly effective political impression in recent 'SNL' history -- or maybe ever," said Bill Carter, a CNN analyst who has covered late-night TV for decades. […]

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