Facebook Adds First Black Board Member, Former American Express CEO Kenneth Chenault

Former American Express CEO Kenneth Chenault has joined Facebook’s board, the first African American to do so. The social network’s CEO, Mark Zuckerberg, announced the board appointment on Thursday and said he had been “trying to recruit Ken for years.” “He has unique expertise in areas I believe Facebook needs to learn and improve — […] Read more »

Amazon Joins Growing List of Employers That Won’t Ask About Your Salary History

Will this be the year we finally make progress in closing the gender pay gap? It’s only the middle of January, but 2018 has already seen the implementation of new laws and policies that have the potential to boost women’s paychecks. The latest news comes from Amazon, which this week banned its hiring managers from […] Read more »

Startups Race to Create Cancer Screens from DNA

Silicon Valley is out for blood—and not just the rejuvenating blood of the young. Biomedical engineers are enthralled by the promise of liquid biopsies, noninvasive tests that detect and classify cancers by identifying the tiny bits of DNA that tumors shed into the bloodstream. Studies at leading cancer centers have already shown the technology’s effectiveness […] Read more »

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) – Avaya Holdings Corp (AVYA.N) shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade. Shares ended down 0.9 percent at $20.80. Avaya spent the past year sorting its financials in a Chapter 11 bankruptcy process before listing […] Read more »

21 states sue to keep net neutrality as Senate Democrats reach 50 votes

(Reuters) – A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission’s decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling. The state attorneys, including those of California, New York and Virginia […] Read more »

Lesson Learned: Don't Short A Blue Chip REIT

There seems to be more articles on Seeking Alpha in which authors recommend shorting Blue Chip REITs. A few days ago there was a short thesis on Tanger Factory Outlet (SKT) and the author explained, “I have a hard time convincing myself that the good results will continue into the future. I personally am not […] Read more »

The Top 3 Dividend Growth Stocks For A Weak Dollar

One of the more under-reported pieces of economic news last year was the surprising weakness of the U.S. dollar against the Euro. Despite monetary tightening and interest rate hikes in the U.S., in 2017, the dollar had its worst performance in the past 14 years. It was a particularly bad year against the Euro. Since […] Read more »

The Bond Bull Market Is Over

The financial media headlines have been dominated over the past week by the latest bold declarations. Treasury yields are on the rise, and “the bond bull market is over!” Except that it’s not over. Not even close to starting to be over as a matter of fact. At least not yet. For despite its extraordinarily […] Read more »

Meltdown, Spectre, Malicious Apps, and More of This Week's Security News

The fallout of the widespread Meltdown and Spectre processor vulnerabilities continued this week. WIRED took an in-depth look at the parallel sagas that caused four research teams to independently discover the bugs within months of each other. Dozens of patches are now floating around to try to defend devices against attacks that might exploit the […] Read more »

Virgin Hyperloop One Is Bringing Elon Musk's Dream to Life

When the hyperloop first sparked a frenzy in 2013, it was just an Elon Musk Big Idea—very exciting, maybe possible, definitely hard to believe. Now, five years on, a version of the futuristic, tube-based transportation system is taking shape in the Nevada desert. Some 35 miles north of Las Vegas, the terrain is all sand, […] Read more »