Google, already dominating online searches and software, and just having launched its first phone, is expanding into another market – television. As more and more subscribers cut the cord to traditional cable service, Google is looking to step up and fill a need: affordable subscription television service without the hassle of cable. But is Google more capable than the other already existing options? CBS sure seems to think so ….
Read The Capitalist’s Take Here
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US CRUDE HITS 15 MONTH HIGH, UP OVER 2 PERCENT
Oil prices jumped as much as 3 percent on Wednesday, with U.S. crude hitting 15-month highs after the government reported a surprisingly large drop in domestic inventories for the sixth week out of seven.
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DONALD TRUMP POSSIBLY LAUNCHING POST-ELECTION TV NETWORK
Earlier this week the Financial Times reported that Republican presidential candidate Donald Trump’s son-in-law, Jared Kushner, had met with investment firm LionTree about the possibility of a Trump TV network, though Variety later cited sources as saying the meetings didn’t go anywhere….
Read More From NBC Here
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Closing Bell
-Wednesday, October 19th
Stocks Follow Crude Higher
Big Insider Trades
– GoDaddy, Inc. (GDDY) CMO Barbara Rechterman Sells $1.4m
-Cheniere Energy, Inc. (LNG) CEO Jack Fusco Buys $1.5m
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