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July 16, 2019 Johnson & Johnson’s profit spikes 42% as prescription drugs fuel growth; consumer and medical devices improve

Source: CNBC

Johnson & Johnson’s profit jumped 42% in the second quarter, with all three of the sprawling health-care company’s businesses performing better than Wall Street expected.

July 16, 2019 US Treasury Secretary Shares Trump’s Concerns on Crypto, Stresses Compliance

Source: Coin Telegraph

United States Treasury Secretary Steven Mnuchin shares President Donald Trump’s concerns on the use of cryptocurrency to finance illicit activity, and stresses the role of enforcing FinCEN regulations with respect to...

July 15, 2019 China's economic growth slumps to lowest in 27 years as the trade war hits

Source: CNN

Hong Kong - China's economic growth slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

July 15, 2019 Justice Dept. probing whether J&J lied to public about talcum powder’s cancer risk: report

Source: Fox News

A federal grand jury in Washington is looking into what Johnson & Johnson officials knew about the cancer risks in the company’s Baby Powder-brand talcum powder and other products, according to a report.

July 15, 2019 Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

Source: Reuters

WASHINGTON - The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump’s recent effort to ease restrictions on the...

July 15, 2019 U.S. proposes barring big tech companies from offering financial services, digital currencies

Source: Reuters

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services...

July 15, 2019 Why The Economic Game Still Outplays The Environment

Source: Clean Technica

“The international community has set a course in Paris. Now remains the most difficult task: to draw the road to achieve this goal and define the vehicles to reach them in the shortest time.”

July 12, 2019 Tesla supplier hints at massive increase in Model 3 production

Source: Electrek

A Tesla supplier in China says that it is doubling the production of parts it supplies for Tesla’s Model 3 program — hinting at a massive increase in Model 3 production capacity.

July 12, 2019 Sane environmental laws boost the economy, too

Source: NY Post

This week President Trump paused in his — justified — victory lap on jobs to attack the ­environmental legacy that in part helped power the nation’s prosperity. He assailed “the past administration’s misguided regulations to...

July 12, 2019 With no trade deal near, company forecasts this earnings season are likely to be cloudy

Source: CNBC

Bears believe second-half guidance will be cautious and lower than expected due to slower global growth and the related trade and tariff issues. Bulls argue that dovish global central banks and the likelihood that some kind of...

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