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How Trump can make a better deal with China

“Trump and Chinese President Xi Jinping have both backed away from the brink of a trade war” reports washingtonexaminer.com. If he takes it, he will be able to say he got a better trade deal from China and preside over the beneficial consequences when his re-election comes around.The only way to win a trade war is to avoid it.During his 2016 campaign, President Trump repeatedly said that he wasn’t against trade deals, just that he was against bad trade deals. Source: washingtonexaminer.com Share This:

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General Motors is a ‘raging bull’ opportunity in autonomous car space: Citigroup

“General Motors is a leader in the future autonomous vehicle network space, according to Citigroup, spelling a “raging bull” case for the automaker” writes Shannon Stapleton for cnbc.com. Though analyst Itay Michaeli believes the automaker’s shares could nearly double to $70 over the next 12 months, he argued that the stock could soar to $134 over the long term as autonomous vehicle technology networks become commonplace.”We believe General Motors remains an underappreciated leader in the future autonomous vehicle network space,” Michaeli wrote Sunday. “Establishing large autonomous vehicle subscriptions, even as…

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SEC Launches Fake Website to Educate Investors…

“The U.S. Securities and Exchange Commission (SEC) has launched a fake initial coin offering (ICO) website in a bid to educate would-be investors on the risks scam ICOs pose” writes Rebecca Campbell for livebitcoinnews.com. In an announcement from the agency, the SEC has set up a website, HoweyCoins.com, that copies a bogus coin offering designed to educate investors on the risks they should be aware of before investing their money into a possible scam.Distributed ledger technology can add efficiency to the capital raising process, but promoters and issuers need to…

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Tribes welcome opportunity to add sports book to casinos

“FLAGSTAFF, Ariz. (AP) American Indian tribes are welcoming an opportunity to offer sports betting in potentially hundreds of casinos across the country after the U.S. Supreme Court cleared the way for states to legalize it” reports foxsports.com. As is, California tribes have exclusivity in casino-style gambling, and some believe that includes sports betting. Source: foxsports.com Share This:

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Supreme Court ruling overturns sports betting ban in U.S., creates new opportunity for startups

“The ruling, which overturns the Professional and Amateur Sports Protection Act (PAPSA), allows states to legalize sports betting” writes Taylor Soper for geekwire.com. Data and analytics will also be a key focus in this new age of sports betting.The Supreme Court on Monday ruled that a federal ban enacted in 1992 on sports betting is unconstitutional, creating a flurry of business opportunity for companies across the sports landscape and giving fans a new regulated way to wager on games.We’ve reached out to the Washington State Gambling Commission for details about…

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Markets News Oil 

Abu Dhabi oil boss sees a ‘huge growth opportunity’ in the refining sector

“The state-owned oil company of United Arab Emirates, ADNOC, is the world’s 12th-largest oil company by production, and has more than 55,000 employees” writes Natasha Turak for cnbc.com. We see a huge growth opportunity in the downstream market,” Al Jaber told CNBC’s Hadley Gamble during an investment forum hosted by the company in Abu Dhabi on Sunday.The United Arab Emirates is making a push to be a major player in the downstream oil market, says Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC). The UAE,…

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News Stocks 

Goldman adds McDonald’s to conviction list, sees a buying opportunity

“Goldman Sachs added McDonald’s to its Americas Conviction List as it sees the stock recovering from its recent pullback” writes unknown author for cnbc.com. Fassler has a buy rating on the stock and a $185 price target, which implies a 12.1 percent upside from Friday’s close.Analyst Matthew Fassler said the company’s stock decline “represents an opportunity to buy,” with same-store sales growth — a key metric for restaurant companies —”re-accelerating.”. Fassler said same-store sales growth will pick up, in part, as McDonald’s moves “past January disruptions related to a transition…

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How a new and emerging app and service economy is transforming commerce

“Shopify partners generated more than $430 million in revenue in 2016 alone by helping other small businesses compete and succeed” writes Atlee Clark for venturebeat.com. At Shopify, our clients and partners have created an entire, thriving industry supporting small merchants, an industry made up of many other successful entrepreneurs and small businesses.Around the world, developers, designers, and marketers are building innovative tools and services to help millions of small businesses launch and grow.Entire businesses have been built on Shopify to provide merchants with exactly this kind of support, and Shopify…

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Longtime analyst Dick Bove is investing in ‘golden age of banking’

“We are going into a golden age of banking.”” writes Jin Lee for cnbc.com. Veteran analyst Dick Bove is about to put some skin in the game as an activist investor in the banking industry.This is not, however, a golden age for bank analysts.The result, he said, will be a big opportunity for deal-making as well as other chances to make money in a new phase of growth for real estate. For Bove, that climate presents an opportunity to put his long-held ideas to work. Source: cnbc.com Share This:

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