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Author

Joe Mcdermott

Joe Mcdermott is our daily investigative journalist and staff reporter who keeps his eyes peeled for interesting Local, US and World News exclusively for The Published Reporter®. Mcdermott, one of our first and thus veteran reporters, is also a data analyst for select independent news and media organizations in the United States.

You Can Flip My Stories On The Flipboard Digital Magazine

UK trade minister says he sees ‘good chance’ of a Brexit deal

Joe Mcdermott Jan 23, 2019 0
BritishTrade Secretary Liam Fox told CNBC on Wednesday that he believed there was a "good chance" of securing an exit deal with the European Union. UK lawmakers are proposing alternative plans to the current agreed deal with the EU after…

China could completely cut off investment into Silicon Valley amid Huawei bust-up

Joe Mcdermott Jan 23, 2019 0
China could completely cut investment into the Silicon Valley, according to the former deputy governor of the People's Bank of China, following intense scrutiny of the world's largest telecom equipment maker. Chinese tech giant Huawei is…

Millionaire magician David Blaine reveals the $1 hack that simplifies all his career decisions

Joe Mcdermott Jan 23, 2019 0
American illusionist David Blaine has spent more than two decades stunning audiences and amassing a notable fortune with his extreme — and even unearthly — endurance feats. But when it comes to managing his career, he follows one very…

Sanctions on Moscow hurt the US long term, Russia’s wealth fund head says

Joe Mcdermott Jan 23, 2019 0
U.S. sanctions on Moscow are starting to hurt America more than Russia, the chief executive of Russia's sovereign wealth fund told CNBC Wednesday. "Of course, we believe sanctions are wrong, and particularly U.S. sanctions, because they…

Shares of Apple supplier Japan Display surge 19 percent following report of bailout talks

Joe Mcdermott Jan 23, 2019 0
Shares of Japan Display skyrocketed on Wednesday following a report that the Apple supplier was in talks for a bailout following the disappointing sales of the iPhone XR. By the stock market's close in Tokyo Wednesday, the Japanese screen…

The global economic slowdown is ‘strongly welcome,’ Indonesia investment chief says

Joe Mcdermott Jan 23, 2019 0
The recent softening of global economic growth is "strongly welcome," Indonesia's investment chief told CNBC Wednesday, warning of financial risks that had been building up in China and beyond. "I would go as far to say 'thank God' for the…

Siemens CEO says he’s ‘sort of’ optimistic that EU regulators will approve Alstom…

Joe Mcdermott Jan 23, 2019 0
The German multinational Siemens is remaining hopeful the EU will approve its merger with France's Alstom, despite competition concerns from Brussels. Media reports suggest the European Commission will block the rail deal between the…

Japan, not China, may be winning Asia’s infrastructure investment contest

Joe Mcdermott Jan 23, 2019 0
Before China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region’s top development financier. As the two powerhouses now compete for economic and commercial…

Response to climate change is the true test for global leaders: New Zealand’s prime minister

Joe Mcdermott Jan 23, 2019 0
New Zealand'sPrime Minister Jacinda Ardern has a piece of advice for her fellow leaders: Don't be on the wrong side of history. Ardern said Tuesday that climate change is the greatest threat facing the world. She urged her global…

Saudi Arabia’s inclusion in major global benchmarks ‘is going to change the…

Joe Mcdermott Jan 23, 2019 0
Saudi Arabia'slong-awaited inclusion in major global benchmarks could have an immediate and dramatic impact on financial markets, according to the chairman of the kingdom's Capital Markets Authority (CMA). The taps of foreign capital are…

Luka Doncic and the Mavericks best Paul George and the Thunder | NBA Highlights

Joe Mcdermott Jan 22, 2019 0
Luka Doncic records 25 points and 7 assists as he goes head-to-head with Paul George who drops 36 in the Dallas Mavericks' 105-103 win over the Oklahoma ... source

US-China trade problems are ‘only temporary’: Chinese executive

Joe Mcdermott Jan 22, 2019 0
A senior executive at Chinese state-owned company CRRC Group said he was optimistic about Beijing and Washingtonfinding a way to permanently resolve their ongoing trade dispute. For its part, the U.S. has already put tariffs on $250…

Indonesia has benefited from the US-China trade war, minister says

Joe Mcdermott Jan 22, 2019 0
The ongoing trade war between the U.S. and China has opened up new opportunities for Indonesia, the Southeast Asian nation’s minister of industry said Tuesday. Indonesia is the largest economy in Southeast Asia, the region tipped…

Measles outbreaks make 2018 a near-record year for US

Joe Mcdermott Jan 22, 2019 0
Health officials in one county in Washington have declared a public health emergency because of an outbreak of measles that has infected 22 people so far. An outbreak among Orthodox Jews has led to 177 cases in New York, helping make 2018…

‘Fallen angels’ are posing the biggest threat to the bond market this year

Joe Mcdermott Jan 22, 2019 0
The riskiest part of the corporate bond market is off to a strong start in 2019. Investors, however, might not want to get too comfortable. Instead, this could well be the year that "fallen angels," or former investment-grade debt that…

US cancels trade planning meeting with China, source says

Joe Mcdermott Jan 22, 2019 0
The White House rejected a trade planning meeting with Chinese counterparts this week due to outstanding disagreements between the two sides over the enforcement of intellectual property rules. Officials from the U.S. trade…

Cuban minister warns the White House on allowing courts to fight over the country’s property

Joe Mcdermott Jan 22, 2019 0
A Cuban government minister warned the U.S. State Department that plans to allow legal action over property in the country would create a big mess for both Cuba and the United States. The White House has moved toward allowing thousands of…

The trade war is the biggest challenge — not low interest rates, bank CEO says

Joe Mcdermott Jan 22, 2019 0
The trade war between the U.S. and China is the biggest concern for one of Italy's top banks — not the current environment of low interest rates in the euro zone. When asked about the low rate environment in the region, Intesa Sanpaolo CEO…

The unusually large drop in home sales has real estate agents baffled

Joe Mcdermott Jan 22, 2019 0
Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 4.6 percent monthly move was unusually large, regardless of direction. (https://www.keithmcquirter.com/) The tally from the National…

Saudi Arabia promises full support for Lebanon after Qatar offers aid package

Joe Mcdermott Jan 22, 2019 0
Saudi Arabiais prepared to do all it can to prop up Lebanon’s ailing economy, the country’s finance minister told CNBC, but stopped short of providing any specific details. His comments come less than 24 hours after Qatar…

President Macron has been courageous, but we have to transform France, Publicis’ chair says

Joe Mcdermott Jan 22, 2019 0
A French businessman told CNBC Tuesday that while President Emmanuel Macron’s reforms are courageous, the pace of these reforms may need to slow down to transform the country. Speaking to CNBC at the World Economic Forum(WEF) in…

Soccer star Ronaldo ordered to pay $21.6 million after pleading guilty to tax fraud

Joe Mcdermott Jan 22, 2019 0
Juventus and Portugal soccer star Cristiano Ronaldo was fined almost 19 million euros ($21.6 million) for tax fraud Tuesday, but has avoided a 23-month prison sentence after agreeing a deal. Ronaldo was denied a request to appear at the…

John Kerry: President Donald Trump should resign

Joe Mcdermott Jan 22, 2019 0
John Kerry had a one-word answer when asked his message for President Donald Trump: "Resign." The former secretary of State and Democratic U.S. senator from Massachusetts made the declaration while speaking on a CNBC panel at the World…

These 2 leaders want young people to pursue their dreams — no matter the pushback

Joe Mcdermott Jan 22, 2019 0
In such a competitive world, it can be difficult to break the mold and stand out — especially when faced with obstacles and rejection. For two creative leaders however, Marin Alsop and Haifaa al-Mansour, they broke the glass ceilings in…

The super rich at Davos are scared of Alexandria Ocasio-Cortez’s tax proposal targeting the…

Joe Mcdermott Jan 22, 2019 0
DAVOS, Switzerland – The elite financiers attending the World Economic Forum are worried about the 70 percent tax rate on earnings above $10 million proposed by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y. "It's scary," Scott Minerd,…

PayPal, Mastercard execs see a ‘huge opportunity’ for tech giants to partner with major…

Joe Mcdermott Jan 22, 2019 0
Technology firms entering the financial services space shouldn't be afraid of partnering with the biggest players in the industry, according to two executives. Executives from PayPal and MasterCardsaid Tuesday that they see partnerships…

John Kerry slams Trump on Paris climate accord exit: ‘It’s going to cost lives’

Joe Mcdermott Jan 22, 2019 0
Former Secretary of State John Kerrylaunched a stunning rebuke of President Donald Trump's policies on Tuesday, saying his decision to withdraw from the Paris climate agreement will "cost lives." "People will die because of the…

Nuclear instability at levels not seen since Cuban Missile Crisis, says former US ambassador

Joe Mcdermott Jan 22, 2019 0
The risk of a global nuclear arms race has risen to a level not seen since the aftermath of the Cuban Missile Crisis of 1962, according to a former U.S. ambassador to Russia. In October, President Donald Trump announced the U.S. will end…

President Bolsonaro touts ‘new Brazil’ in Davos, says country will become more…

Joe Mcdermott Jan 22, 2019 0
Brazil'snewly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country. On his first international trip…

Stock market bulls get a do-over after last year’s volatile ride

Joe Mcdermott Jan 22, 2019 0
Stocks are up an awful lot in a big hurry. The S&P 500has jumped more than 13 percent in 17 trading days to recover more than half its roughly 20-percent fourth-quarter collapse. Also, the market is down a bunch: The S&P is off…
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