August 2018 – Page 20

'Cocaine Cowboys:' Some Google employees allegedly threw a party in 2015 with 'controlled substances' after a successful self-driving car demo (GOOG, GOOGL)

August 28, 2018 admin Comments Off

On Tuesday, The Information published a report detailing the struggles that Waymo, the self-driving car company spun out from Google, has gone through during its lifespan. In a Twitter thread detailing some background information about the Waymo program (which was initially a Google project before becoming a subsidary under Alphabet), Efrati mentioned one little-known moment in Waymo’s history that the company is unlikely to boast about. …read more […]

U.S. banking regulator kicks off rewrite of community lending rules

August 28, 2018 admin Comments Off

A federal banking regulator said on Tuesday it will begin soliciting input on decades-old rules on bank lending in low-income communities, kicking off a long awaited and potentially contentious rulewriting process.

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Senior U.S. Democrats question Trump’s U.S.-Mexico trade deal

August 28, 2018 admin Comments Off

Senior Democrats in the U.S. Congress on Tuesday questioned President Donald Trump’s bilateral trade deal with Mexico, with Senator Chuck Schumer saying there were “serious legal concerns” about the deal getting “fast-track” Senate consideration.

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Canada’s Trudeau says he will defend dairy farmer protections in NAFTA

August 28, 2018 admin Comments Off

Canadian Prime Minister Justin Trudeau said on Tuesday his position on the supply management system that protects Canada’s dairy farmers has not changed and he will defend it as Canada works to renew the NAFTA trade deal with the United States and Mexico.

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Wall Street edges up as Canada takes trade spotlight

August 28, 2018 admin Comments Off

The S&P 500 and the Nasdaq edged up to record highs for the third consecutive session on waning trade jitters that have vexed the markets for much of the year.

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Coke adds Moxie to beverage lineup

August 28, 2018 admin Comments Off

Coca-Cola Co said on Tuesday it will buy Moxie, a soda-based soft drink brand that is more than a hundred years old, from its bottling partner Coca-Cola of Northern New England (CCNNE).

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Trump freezing Canada out in NAFTA negotiations is 'straight from the Art of the Deal'

August 28, 2018 admin Comments Off

President Donald Trump doubled down on efforts to pressure Canada into concessions. After agreeing to compromise with Mexico on key NAFTA issues Monday, President Donald Trump doubled down on efforts to pressure Canada into concessions. Mexican President Enrique Peña Nieto immediately pushed back on comments excluding Canada, which was set to begin high-level meetings with the Trump administration in Washington a day later. …read more […]

Global stocks climb; markets hail U.S.-Mexico trade deal

August 28, 2018 admin Comments Off

A global stocks index advanced to more than five-month highs on Tuesday, the day after a U.S.-Mexico trade deal boosted investor confidence.

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Trump vs. Google, and Why Microsoft Is a Strong Buy Stock | Free Lunch

August 28, 2018 admin Comments Off

Ryan McQueeney recaps the morning’s top market headlines, including President Trump’s criticism of Google, the return of the Pumpkin Spice Latte, and another batch of retail earnings reports. Later, he investigates why Microsoft is currently sporting a Zacks Rank #1 (Strong Buy). …read more […]

Barnes & Noble is sued by ex-CEO over termination

August 28, 2018 admin Comments Off

A former chief executive of Barnes & Noble Inc filed a lawsuit on Tuesday accusing the bookseller of breach of contract and defamation in connection with his sudden termination last month after a little over a year in the job.

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Thomson Reuters launches $9 billion buyback, sending shares higher

August 28, 2018 admin Comments Off

Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP on Oct. 1.

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Altice files opposition to T-Mobile and Sprint merger

August 28, 2018 admin Comments Off

U.S. cable TV provider Altice USA Inc called for the communications regulator to intervene in the proposed merger between T-Mobile US Inc and Sprint Corp , in a filing dated Monday and published on Tuesday.

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U.S. energy companies fume over rejected steel tariff exemptions

August 28, 2018 admin Comments Off

The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.

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Tuesday Apple Rumors: Apple May Be Planning to Ditch 3D Touch Soon

August 28, 2018 admin Comments Off

Leading the Apple (NASDAQ:AAPL) rumor mill today is news of plans for 3D Touch. Today, we’ll look at that and other Apple Rumors for Tuesday.Source: Apple …read more […]

U.S. consumer confidence races to near 18-year high

August 28, 2018 admin Comments Off

U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year.

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