Somali piracy is back with a $1.7 billion problem after shipping firms lower vigilance

While zero vessels were hijacked in 2016, there were 27 reported incidents of pirate activity, according to the report. In 2017, there have been two high-profile hijackings by Somali pirates, including the Aris-13 tanker in mid-March and a commercial Indian ship in...

Hedge fund manager David Einhorn says Tesla is ‘reminiscent of the March 2000 dotcom bubble’

Hedge fund manager David Einhorn thinks the current market environment for cult stocks is similar to the dotcom bubble.”Investors remain hypnotized by Tesla’s CEO … The enthusiasm for Tesla and other bubble basket stocks is reminiscent of the March...

FBI’s Comey: It makes me ‘mildly nauseous’ to think I may have affected election

FBI Director James Comey said Wednesday he stands behind his letter that shook up the final days of last year’s presidential election — and he would do it again. Still, he said his decision to tell Congress that the FBI had found new emails that could be...