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Facebook-OriginalTV-062617.jpg Social networking giant Facebook (FB) is in talks with Hollywood studios about producing TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reports. The company plans to commit to production budgets as high as $3 million per episode. Facebook has...

airasia-062617.jpg A pilot of an AirAsia flight, which was forced to turn back for an emergency landing due to technical issue, twice asked the passengers to "pray." The AirAsia X flight to Malaysia from Perth, Australia, was forced to turn back Sunday after the twin-aisle Airbus A330-300 aircraft began shaking due...

Joe-Biden-Bill-Ackman-062617.jpg Hedge fund billionaire Bill Ackman received a heavy verbal punch from former Vice President Joe Biden at a private dinner in Las Vegas last month. Ackman, the hedge fund manager popular for losing money on investments in Herbalife and Valeant, got into a verbal tussle with Biden after he made rude...

wallstreet1-103112_26Jun17.jpg After closing mixed for three consecutive sessions, stocks are once again turning in a mixed performance on Monday. While the Nasdaq is down 7.96 points or 0.1 percent at 6,257.29, the Dow is up 50.93 points or 0.2 percent at 21,445.69 and the S&P 500 is up 3.65 points or 0.2 percent at 2,441.95. Stocks...

Alibaba-062617.jpg Best Inc., a 23.4 percent owned by e-commerce major Alibaba Group, filed for Initial Public Offering in the U.S. According to the filing, Best expects to offer $750 million american depository shares.

Travelban-062617.jpg The U.S. Supreme Court has partially lifted an injunction against President Donald Trump's executive order banning immigration from six Muslim-majority countries. The White House had petitioned the U.S. Supreme Court to review lower court rulings blocking Trump's travel ban. In its ruling Monday, the Supreme Court said the travel ban can go into effect for foreigners who lack a "bona fide relation

Ivanka-Trump-Lingerie-062617.jpg First-daughter Ivanka Trump might soon launch her own namesake-branded lingerie. According to Bloomberg, U.S. trademark officials have granted preliminary approval for Ivanka Trump's clothing line to launch lingerie, lounge wear and athletic clothing. Trump's brand has also been informed that it...

ChineseNobelpeace-062617.jpg Nobel Peace Prize Winner Liu Xiaobo has been hospitalized after developing late-stage liver cancer while in prison, reports said. His lawyer says after being diagnosed a month ago, the jail authorities moved the 61-year old human rights fighter to a hospital in the city of Shenyang in northern Liaoning...

wallstreet-111614_26Jun17.jpg After closing mixed for three consecutive sessions, stocks have moved mostly higher in morning trading on Monday. Buying interest has remained somewhat subdued, however, limiting the upside for the major averages.

Wonderwomen-PattyJenkins-062617.jpg Patty Jenkin's Wonder Woman has earned $652.88 million worldwide in the first 24 days and become the highest grossing global movie directed by a woman. It has beat the record of Mamma Mia directed by Phyllida Lloyd that has grossed $609.8 million in 2008.

AppliedOptoelectronics-062617.jpg We urge Investors to take advantage of the weakness in the shares of Applied Optoelectronics, Inc. (AAOI), as we believe the stock has at least 15% upside from current levels. The stock is down along with many of the stocks in the Fiber optical component universe with an exposure to China.

New orders for U.S. manufactured durable goods fell by more than expected in the month of May, according to a report released by the Commerce Department on Monday. The report said durable goods orders tumbled by 1.1 percent in May after slumping by 0.9 percent in April. Economists had expected orders...

Whitehouse-Ramdhan-062617.jpg The Donald Trump administration has broken decades-long White House tradition of celebrating Ramadan with Iftar dinner. The first presidential Iftar dinner, a meal on Eid al-Fitr, which marks the end of Ramadan, is said to have been hosted by Thomas Jefferson in 1805. The tradition was restarted...

Stock futures have moved higher over the course of the morning on Monday following the lackluster performances seen to close out the previous week. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 65 points. New orders for U.S. manufactured...

OhioGov-hacked-062617.jpg Several government websites in Ohio, including that of Governor John Kasich, were hacked Sunday, displaying what appeared to be pro-Islamic State propaganda. Visitors to governor.ohio.gov were greeted with a message written on black background under an Arabic symbol that contains the name of a group...

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