On a per-share basis, the Santa Clara, California-based company said it had profit of $1.79. Earnings, adjusted for one-time gains and costs, were $1.66 per share. The results beat Wall Street expectations. … …read more […]
When Ford offered Autoblog the chance to spec out our own 2018 Ford Mustang, we jumped at the opportunity. Who wouldn’t want some extended seat time in the latest version of the original pony car? After waiting out the long, cold winter (and a pre-delivery mishap that required the repainting of a bumper), our new Mustang is finally here. …read more […]
Shares of Alibaba (BABA) were down just over 0.5% through early afternoon trading hours Thursday–the final trading period before the Chinese e-commerce giant is scheduled to release its latest quarterly earnings report. …read more […]
Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the hardest. “A strong economy can also be dysfunctional,” noted the report, a project of Next 10 and Beacon Economics. Housing costs are much higher in California than in other states, yet wages for workers in the lower income brackets aren’t. …read more […]
White House Press Secretary Sarah Huckabee Sanders takes questions from the media. …read more […]
Hundreds of thousands of dollars billowed out of the back of a Brinks armored truck on Interstate 70 in Indianapolis on Thursday. Drivers on Interstate 70 in Indianapolis, Indiana, were unexpectedly showered with hundreds of thousands of dollars after the back of a Brinks armored truck blew open on the interstate. “Bags of money were falling out of the back onto the interstate,” Indiana State Police Corporal Brock McCooe told Fox 8. …read more […]
President Donald Trump’s explanation for why he fired FBI Director James Comey has shifted again. Rudy Giuliani, Trump’s new attorney, said in an interview on Fox News that Trump fired Comey last year because Comey would not state “that he wasn’t a target” of the special counsel’s Russia investigation. “He fired Comey because Comey would not, among other things, say that he wasn’t a target of the investigation,” Giuliani said. …read more […]
Even as Amazon continues to grow at a staggering rate, it is pumping the …read more […]
The Dutch microchip maker reported fairly decent first-quarter results, but management didn’t have much to say about the pending merger with Qualcomm. …read more […]
Regeneron Pharmaceuticals Inc disappointed Wall Street with lower-than-expected sales of its newer treatments, eczema medicine Dupixent and heart drug Praluent, exacerbating concerns over the company’s future sales growth as its best-selling eye drug Eylea faces more competition. Regeneron is bracing for a hit to Eylea’s sales by focusing on expanding Dupixent’s label to reach more patients and venturing into the hot new field of immuno-oncology with a potential regulatory approval later this year. Just two days ago, Regeneron and partner Sanofi SA slashed the price on Praluent by more …read more […]
It’s a mass of random improvements, scattered all over its 50 million lines of code. …read more […]
Amazon is extremely unhappy over a Seattle tax proposal that would set it back …read more […]
Israel’s heavily indebted Teva Pharmaceutical Industries (TEVA.TA) on Thursday raised its financial outlook for 2018 after reporting a smaller than expected drop in first-quarter net profit and revenue. Teva also said that while it does not expect to receive approval for its migraine treatment fremanezumab by mid-June, as had been hoped, it does expect the key drug to gain approval in time for launch before the end of 2018. Analysts had forecast Teva (TEVA.N) would earn 67 cents a share excluding one-offs on revenue of $4.8 billion, according to Thomson Reuters I/B/E/S. …read more […]
Using technology-assisted review (TAR) technology in the U.S. v. Cohen privilege review could potentially expedite the process, while offering transparency around decision-making. …read more […]
President Donald Trump repaid his lawyer Michael Cohen for a $130,000 hush payment to adult film actress Stormy Daniels during the 2016 campaign, Rudy Giuliani said, contradicting previous statements by the president. “Funneled it through the law firm, and then the president repaid it,” Giuliani, who serves on Trump’s legal team, said Wednesday during an interview with Sean Hannity of Fox News. Cohen, Trump’s personal attorney, is in the midst of a legal firestorm over the payment to Daniels, which was made during the 2016 presidential campaign in exchange for Daniels’ silence about an alleged affair with Trump. …read more […]
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