Charles Schwab saw trading accounts surge 31% in one month after slashing commission fees

Charles Schwab added 142,000 brokerage accounts in October, a 31% surge from the previous month boosted by its elimination of trading fees.Analysts feared the firm’s slashed fees would cut into its margins, and the monthly jump in trading accounts counters some worries. Source: Charles Schwab saw trading accounts surge 31%...

Hedge funds grow bored of Trump’s tweets after a barrage of ‘rhetoric that didn’t pan out’

Hedge fund managers are paying less and less attention to the president’s tweets.“A lot of the tweets turned out to be rhetoric that didn’t pan out,” a hedge fund manager told Financial News.Trump’s tweets are under increasing amounts of scrutiny amid zig-zagging US policy on China and how it affects...

Facebook’s ex-security boss Alex Stamos slams Apple as ‘shameful’ for changing its maps to suit a demand from the Russian government (AAPL, FB)

Apple has listed Crimea is part of Russia on its services while inside Russia.The country illegally annexed the Ukrainian region in 2014, a move that was condemned by the United States and the international community. Source: Facebook’s ex-security boss Alex Stamos slams Apple as ‘shameful’ for changing its maps to...