China’s state media continued a barrage of criticism of the United States on Saturday as their tit-for-tat trade war escalated, while seeking to reassure readers the Chinese economy remains in strong shape.
With more than four months left in 2018, Alibaba (NYSE:BABA) investors aren’t having much fun with BABA stock, which is up less than 3% year to date through Aug. 9.15 Stocks to Buy Ahead of the Fall Season …read more […]
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them:
Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.
Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they fraudulently engineered a scheme to “completely decimate” short-sellers, including through Musk’s proposal to take the electric car company private.
Chemical giant Monsanto was was ordered to pay $289 million (£226 million) in damages in the first trial over claims that its Roundup weed killer causes cancer. Lee Johnson, a former school groundskeeper whose doctors didn’t think he’d live long enough to learn the verdict, prevailed Friday in San Francisco state court after jurors deliberated for three days. The trial was an important test of the evidence against Monsanto and will serve as a template for litigating thousands of other claims over the herbicide. Mr Johnson was seeking $412 million in damages. Jurors awarded him $39 million for his losses …read more […]
A beat and a raise, what’s not to like? …read more […]
President Trump says in a tweet that he has dinner plans with Apple CEO Tim Cook. Cook has been vocal in his disapproval of certain Trump Administration policies, particularly around immigration and trade. “He is investing big dollars in U.S.A.,” Trump said in the tweet. …read more […]
Papa John’s International Inc on Friday said it would lower royalties and fees charged to its U.S. and Canadian franchisees as sales at the U.S. pizza chain decline following the acrimonious exit of it founder.
Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to “completely decimate” short-sellers that included Musk’s proposal to take the electric car company private.
Walmart (WMT) has seen its stock price climb over 4% in the last month. Shares of WMT also popped on Friday, just less than a week before the retail behemoth reports its quarterly financial results. So let’s do a quick preview of what investors should expect from Walmart’s second-quarter earnings. …read more […]
Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they defrauded shareholders in a scheme to manipulate the electric car company’s stock price, starting with Musk’s Aug. 7 tweet that he might take Tesla private.
The case of school groundskeeper Dewayne Johnson was the first lawsuit to go to trial alleging glyphosate causes cancer. Monsanto, a unit of Bayer AG (BAYGn.DE) following a $62.5 billion acquisition by the German conglomerate, faces more than 5,000 similar lawsuits across the United States. The jury at San Francisco’s Superior Court of California deliberated for three days before finding that Monsanto had failed to warn Johnson and other consumers of the cancer risks posed by its weed killers. …read more […]
It’s true. McDonald’s is giving away free food free for life. As part of its McGold Card Sweepstakes, you have a chance to win Mickey D’s for years to come. Here’s what you need to know. …read more […]
The union that represents many Verizon Communications Inc employees announced the ratification of a four-year extension of their labor contracts on Friday, paving the way for an 11.2 percent increase in wages over the four years.
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