Nikkei 225, Kospi, Hang Seng Index

Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific markets jumped on Tuesday as investors monitor the latest developments in the Iran war, with U.S. President Donald Trump looking to delay his meeting with Chinese President Xi Jinping by “a month or so” due to the Middle East conflict. Trump was expected to travel to…

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SEC eyes shift to twice-yearly earnings reports

The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly. According to WSJ. Discussion of making the more than 50-year-old quarterly requirement optional has gained momentum in the past year, as companies lament the cost and burden of quarterly earnings preparation. This requirement is…

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People got rich quick and a reset is coming

Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,”…

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Cornyn, Casar spar over DHS funding outside Austin airport

Representative Greg Kaiser (D-Texas) canceled Monday’s press conference led by Texas Senator John Cornyn (R), following a spat between the two over Department of Homeland Security (DHS) funding irregularities. Cornyn was delivering meals from Texas-based fast food chain Whataburger to Austin-Bergstrom International Airport Transportation Security Administration (TSA) employees who missed their first full pay day……

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