Trading Ideas
AT&T will carry RED’s crazy ‘holographic’ handset
RED’s Hydrogen One handset is one of those devices we’ll believe when we …read more […]
Month: May 2018
Business News
Ocado shares soar on major deal with Kroger to enter the U.S
LONDON (Reuters) – Britain’s online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world’s biggest market and sending its shares soaring more than 50 percent on Thursday.
Business News
Wells Fargo employees altered business customers’ information: WSJ
(Reuters) – Some employees in a Wells Fargo & Co unit that handles business banking improperly changed information on documents related to corporate customers, the Wall street Journal reported on Thursday, citing people familiar with the matter.
Business News
U.S. re-examining penalties on China’s ZTE: White House adviser
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Thursday the United States was taking a second look at penalties imposed on Chinese telecommunications company ZTE Corp , not waiving the enforcement action altogether.
Business News
U.S., China launch trade talks to avert tariff war, economic damage
WASHINGTON (Reuters) – The United States and China launch a second round of trade talks on Thursday to try to avert a damaging tariff war, with the Trump administration demanding a $200 billion cut in China’s U.S. trade surplus and greater protections for intellectual property.
Business News
U.S. weekly jobless claims rise; mid-Atlantic factory activity picks up
WASHINGTON (Reuters) – New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labor market slack.
Business News
Wall Street set to open lower as bond yields rise, Cisco weighs
(Reuters) – Wall Street was on pace to open lower on Thursday, weighed down by U.S. Treasury yields hitting fresh seven-year highs and Cisco’s disappointing forecast, while looming Sino-U.S. trade talks added to the jitters.
Trading Ideas
Nissan follows Tesla with an all-in-one solar storage package
After making strides in the electric car market, Nissan has set its sights on …read more […]
Business News
Diesel fallout is responsibility of carmakers: German minister
BERLIN (Reuters) – German carmakers will have to take responsibility for the fallout from their cheating in diesel cars’ emission tests, Transport Minister Andreas Scheuer said on Thursday.
Business News
U.S. weekly jobless claims rise; unemployment rolls smallest in 45 years
(Reuters) – New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labor market slack.
Trading Ideas
Trump draws rebuke for ‘animal’ remark at immigration talk
While railing against California for its so-called sanctuary immigration policies, President Donald Trump referred to some people who cross the border illegally as “animals” — drawing a sharp rebuke from Democratic leaders for the harsh rhetoric. Trump’s remark at meeting with local leaders was in response to a complaint about gang members. “We have people coming into the country, or trying to come in — and we’re stopping a lot of them,” Trump said during the immigration round table after a sheriff commented about gangs. …read more […]
Business News
Takeda CEO prescribes surgical R&D cuts after $62 billion Shire deal
LONDON (Reuters) – For Christophe Weber, the boss of Japan’s Takeda Pharmaceutical , securing a $62 billion deal last week to buy drugmaker Shire at the fifth time of asking was the easy bit.
Business News
Silicon Valley startup peddles 3D-printed bike
(Reuters) – After a career that included helping Alphabet Inc’s Google build out data centers and speeding packages for Amazon.com Inc to customers, Jim Miller is doing what many Silicon Valley executives do after stints at big companies: finding more time to ride his bike.
Trading Ideas
3 Growth Stocks to Buy and Hold for the Next 50 Years
Investors looking for growth opportunities they can hold for decades should consider these stocks. …read more […]
Business News
Walmart’s U.S. e-commerce growth rebounds, shares rise
NEW YORK (Reuters) – Walmart Inc, the world’s biggest retailer, on Thursday posted a 33 percent rise in U.S. e-commerce sales, rebounding from the 23 percent growth witnessed in the previous quarter, sending its shares up in premarket trade.