Friday Is Going to Be a Huge Day for Stock Traders

Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” — when futures and options on indexes and individual stocks expire. The anticipated spike in turbulence will hit a market already roiled by rising trade tensions between the…

Jack Ma Says He Can’t Create 1 Million U.S. Jobs After All

Alibaba Group Holding Ltd. co-founder Jack Ma said his promise to create 1 million jobs in the U.S. is impossible to fulfill because of the U.S.-China trade war, a setback in one high-profile effort for deeper cooperation between the world’s two largest economies. Ma, China’s richest man, made the remarks in an interview in the…

Qualcomm’s Mollenkopf Sees Chance of Apple Settlement This Year

Qualcomm Inc. Chief Executive Officer Steve Mollenkopf said a bitter standoff between the chip maker and Apple Inc. is entering a period when both sides have an increasing incentive to settle. In coming months, the companies will be forced to make their case in front of jurors and judges in the U.S., China, Germany and…

Musk says Tesla now in "delivery logistics hell"

“Sorry, we’ve gone from production hell to delivery logistics hell, but this problem is far more tractable. Should be solved shortly,” Musk said in a tweet in response to a customer complaint on delivery delay. The 47-year-old billionaire who earlier this month faced investor ire over smoking marijuana on a live web show, has indicated…