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 ….
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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….
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-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