Money

Dow drops 200 points as White House chaos continues

7 monthes ago   |   By

Markets Insider
Stocks fell Tuesday after President Donald Trump unexpectedly blocked the Broadcom-Qualcomm merger and ousted Secretary of State Rex Tillerson.
GE was the worst Dow Jones component, followed by Microsoft.
The Dow Jones industrial average dropped nearly 200 points, or 0.62%, Tuesday as Wall Street processed President Donald Trump's blocking of Broadcom's proposed takeover of a US competitor and a surprise change of the US' top diplomat.
The S&P 500 fell 0.64% while the Nasdaq lost 1.03%. See the rest of the story at Business Insider NOW WATCH: The surprising reason why NASA...
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Dow drops 200 points as White House chaos continues

Dow drops 200 points as White House chaos continues

7 monthes ago   |   By

Markets Insider
Stocks fell on Tuesday after President Trump unexpectedly blocked the Broadcom-Qualcomm merger as well as ousted Secretary of State Rex Tillerson.
GE was the worst Dow Jones component, followed by Microsoft.
The Dow Jones industrial average dropped nearly 200 points Tuesday, ending the day at 25,007, as Wall Street processed a surprise change of the US' top diplomat and President Donald Trump's blocking of Broadcom's proposed takeover of a US competitor.
The S&P 500 ended the day down 0.64% while the Nasdaq 100 lost 1.22%. See the rest of the story at Business Insider NOW...
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'Rex, eat the salad': Trump once found a creative way to humiliate Tillerson

'Rex, eat the salad': Trump once found a creative way to humiliate Tillerson

7 monthes ago   |   By

President Donald Trump fired Secretary of State Rex Tillerson with a tweet on Tuesday.
The president reportedly humiliated Tillerson in November 2017 by making him eat a wilted Caesar salad served in China.
President Donald Trump reportedly found himself stuck between a rock and a hard place during a five-country tour of Asia last November: eating a salad or offending the Chinese.
So he passed the buck to now-outgoing Secretary of State Rex Tillerson. See the rest of the story at Business Insider NOW WATCH: Harvard professor Steven Pinker explains the disturbing truth behind Trump's 2...
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Tillerson to address his firing in public statement from the State Department

Tillerson to address his firing in public statement from the State Department

7 monthes ago   |   By

REUTERS/Francois Lenoir
Former Secretary of State Rex Tillerson will make a statement about his abrupt firing Tuesday afternoon at the State Department.
The White House and those close to Tillerson have given conflicting accounts of the timing of his ouster.
The Associated Press reported that chief of staff John Kelly told Tillerson on Friday that he should expect to see a presidential tweet about him sometime soon, but did not give more details.
Tillerson's top aide said he was "unaware of the reason" for his firing and had not discussed it with Trump.
Former Secretary of State Rex...
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With Tillerson gone, the first member of an infamous 'suicide pact' has left the White House

With Tillerson gone, the first member of an infamous 'suicide pact' has left the White House

7 monthes ago   |   By

Reuters
President Donald Trump fired Secretary of State Rex Tillerson on Tuesday.
Tillerson was reportedly part of a "suicide pact" with fellow Cabinet members Jim Mattis and Steven Mnuchin.
With President Donald Trump giving Secretary of State Rex Tillerson the boot on Tuesday, the first member of an infamous "suicide pact" has left the White House.
In October 2017, BuzzFeed News reported that Defense Secretary Jim Mattis, Treasury Secretary Steven Mnuchin, and Tillerson had forged a "suicide pact," whereby all three agreed to leave if Trump fired one of them. See the rest of the story at...
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