SYDNEY (Reuters) – AMP Ltd could see A$35 billion in investor outflows due to the hit to its reputation from board-level misconduct, analysts at Macquarie Group Ltd said on Friday, sending shares in the Australian wealth manager to a seven-year low.
ELKHART, Ind. (AP) — Embracing his role as party leader, President Donald Trump issued a stern warning at a rally Thursday that Democrats would disrupt the economic progress of his administration, imploring Republicans to mobilize during the 2018 midterm elections. …read more […]
TOKYO (Reuters) – Mazda Motor Corp said on Friday that president and CEO Masamichi Kogai would step down and be replaced by Akira Marumoto, who currently serves as vice president and oversees operations in the Americas.
SYDNEY (Reuters) – Asian markets started on a firm footing and the dollar eased on Friday as softer-than-forecast U.S. inflation data tempered expectations for faster Federal Reserve interest rate rises this year.
Judicial Watch President Tom Fitton on the newly released emails that show that FBI officials advised former FBI Director James Comey to coordinate his congressional testimony last summer with special counsel Robert Mueller. …read more […]
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”.
Ford’s top executives took heat from shareholders over their plan to do away with sedans as we know them in Ford’s North American lineup, as the company held its annual meeting Thursday. Critics said the plan to shelve the Fiesta, Focus and Taurus, reduce the Focus to one crossover model, and concentrate on high-margin trucks and SUVs was a shortsighted abandonment of entire market segments of affordable vehicles. …read more […]
(Reuters) – File sharing and storage company Dropbox Inc beat Wall Street expectations for quarterly results and topped estimates for paying subscribers in its first financial report as a publicly traded company.
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”.
(Reuters) – News Corp , controlled by media mogul Rupert Murdoch, topped analysts’ estimates for quarterly revenue on Thursday as the company benefited from a rise in online subscriptions and strong performance in its digitial real estate business.
Nvidia Corp. revealed for the first time how much revenue it generated from chip sales to the cryptocurrency market — and said that figure will be much smaller in the second quarter. Demand from cryptocurrency miners was stronger-than-expected in the first quarter and translated into revenue of $289 million, Nvidia said Thursday on its earnings conference call. “Crypto miners bought a lot of our GPUs in the quarter and it drove prices up,” Nvidia Chief Executive Officer Jensen Huang said on a conference call. …read more […]
Boston Dynamics’ showed off a new video on Thursday. Its Atlas bipedal robot can now run and jump over obstacles, while its SpotMini robot can now autonomously navigate around obstacles and climb stairs. …read more […]
(Reuters) – Daniel Loeb’s activist hedge fund Third Point LLC is in talks with investment banks about launching a “blank check” company that would raise money in an initial public offering to pursue an acquisition, according to people familiar with the matter.
(Reuters) – News Corp , controlled by media mogul Rupert Murdoch, reported a bigger third-quarter loss on Thursday as the company recorded $1.16 billion in charges, largely due to write-downs related to Foxtel and FOX SPORTS Australia.
(Reuters) – Symantec Corp said on Thursday its financial results and forecast may change based on the outcome of an internal investigation that was initiated after concerns were raised by a former employee.
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