by Matt Sussis | Feb 28, 2018 | Business & Tech, Featured
WASHINGTON—After a social media post by a well-known public figure caused shares of a public company to plummet in value last week, some legal analysts considered the question: Can celebrities trade on tweets? “Sooo does anyone else not open Snapchat anymore? Or...
by Joey Mendolia | Feb 9, 2018 | Business & Tech, Featured
WASHINGTON – Philip Mezey, president and CEO of Liberty Lake-based energy and resource management giant Itron, spoke before a full Senate committee hearing on energy infrastructure Thursday. Held by the Senate Committee on Energy and Natural Resources, and headed by...
by Matt Sussis | Feb 8, 2018 | Business & Tech, Featured
WASHINGTON—Wall Street traders and cyber hackers are working hand-in-glove to exploit and profit off companies’ cyber vulnerabilities, posing new challenges for regulators, according to a new research paper out of Columbia Law School. In effect, traders and companies...
by Matt Sussis | Feb 6, 2018 | Business & Tech, Featured
WASHINGTON—The Dow Jones Industrial Average suffered its largest single-day points decline in trading Monday, but the decline paled in comparison to past selloffs in terms of percent — and the market was able to rebound in trading Tuesday. The Dow closed up 567...
by Jasmine Khayami | Feb 2, 2018 | Business & Tech, Featured
WASHINGTON – While Apple reported record-high revenue above consensus expectations in its first quarter earnings Thursday, weaker iPhone units confirmed some investors’ fears. Apple shipped 77.3 million iPhones during the quarter, below analyst expectations, and...
by Matt Sussis | Feb 1, 2018 | Business & Tech, Featured, Topics
WASHINGTON—U.S. worker productivity fell unexpectedly in the fourth quarter for the first time in almost two years, a warning sign that the economy may not be able to continue to grow at the 3 percent target rate that President Donald Trump set. Nonfarm...