Business


Pinterest files confidentially for stock listing Pinterest files confidentially for stock listing
- February 24, 2019

The company, which has been focusing on image search, expects a valuation of $12 billion or more. The company hired JPMorgan Chase and Goldman Sachs as its underwriters. Research firm Emarketer estimates that the company will generate more than $1.2bn in USA advertising revenue in 2021, up from $553m a year ago. Andrew Lipsman, an analyst for eMarketer, said in a statement that the industry "will be watching closely to see if it can withstand scrutiny as a public company". (more...)
Bitcoin price (BTC/USD) hits near one-month high amid broader crypto rally Bitcoin price (BTC/USD) hits near one-month high amid broader crypto rally
- February 24, 2019

Binance Coin (BNB) traded up 5.1% against the dollar and now trades at $10.82 or 0.00271466 BTC . Over the last seven days, Dynamic has traded up 1% against the U.S. BitShares (BTS) traded down 1% against the dollar and now trades at $0.0452 or 0.00001141 BTC. Bitcoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. (more...)
BMW and Daimler join for combined mobility services BMW and Daimler join for combined mobility services
- February 24, 2019

German carmakers Daimler and BMW deepened their cooperation on Friday by unveiling a combined ride-hailing, parking and electric auto charging business to counter emerging rivals like Uber from the United States. "We are creating a leading global game changer", said Harald Krueger, management board chairman of BMW at a press conference in Berlin. "The 60 million customers we already have will benefit from a seamless, sustainable mobility ecosystem". (more...)
Saputo is buying Britain's Dairy Crest for about $1.7 billion Saputo is buying Britain's Dairy Crest for about $1.7 billion
- February 24, 2019

The firm offers cheese products under the Cathedral City, Davidstow, and Chedds brands; butters, spreads, and oils under the Clover, Country Life, Utterly Butterly, Vitalite, Willow, and Frylight brands. Peel Hunt has made a decision to issue a report indicating that Dairy Crest Group PLC (LON:DCG) shares are now a "Restricted" in analysts note issued to clients and investors on 22 February. (more...)
China to Propose $30 Billion More U.S. Agriculture Purchases China to Propose $30 Billion More U.S. Agriculture Purchases
- February 24, 2019

In the first 11 months of 2018, the USA trade deficit with China ($ 382 billion ) was larger than it ever has been before in an entire year. The primary reason for the switch has been the ongoing trade dispute with China, which caused that country to almost cease buying USA soybeans during the last year, compared to normal years where China buys one-third of US beans. (more...)
Volvo XC90 Gets a Refresh Volvo XC90 Gets a Refresh
- February 24, 2019

B-badged cars can come with either a diesel or petrol engine, and Volvo expects these versions to become the most popular. The current-generation XC90 ushered in a new era for Volvo-one in which the Swedish brand actually released new products. (more...)
Where to Get the Best Drink Deals for National Margarita Day Where to Get the Best Drink Deals for National Margarita Day
- February 24, 2019

Margaritaville is offering deals for National Margarita Day 2019. Every year on February 22 people around the nation enjoy the delicious drink and this year you can get some pretty sweet deals. Matador Mexican Bar and Grill: $4.25 margaritas. McCormick & Schmick's: During happy hour on February 22, McCormick & Schmick's will be celebrating with $ 6 Gold Margaritas at participating locations. (more...)
British security think tank reports on China British security think tank reports on China
- February 24, 2019

Pressure has been growing on Huawei in Britain, one of its most important markets in Europe, since a government report in July a year ago found that technical and supply-chain issues with the company's equipment had exposed national telecom networks to new security risks. (more...)
YouTube to block ads from appearing next to anti-vaccination content YouTube to block ads from appearing next to anti-vaccination content
- February 24, 2019

The conference call and memo came after the company explained how it processes violations of community guidelines . YouTube is facing widespread criticism, after releasing a controversial statement in response to its site-wide issue concerning pedophilic content. (more...)
Ford reports investigation for United States emissions certification re: analytical modeling Ford reports investigation for United States emissions certification re: analytical modeling
- February 24, 2019

Ford has hired the law firm Sidley Austin to lead an independent investigation into possible discrepancies in calculations used to produce emissions and fuel economy figures, Pittel said. "It has been a long and deep discovery process", Kim Pittel, Ford's group vice president of sustainability, environment and safety engineering, said in an interview. (more...)
Provident Financial (PFG) Price Target Cut to GBX 550 Provident Financial (PFG) Price Target Cut to GBX 550
- February 24, 2019

Under Kuffeler, Provident grew into a blue chip stock, before falling out of the index after it ran into trouble. In a statement, Provident said: "The board's considered response to the offer will be announced in due course". Peel Hunt said: "Provident shareholders will not be getting bid premium and the offer values Provident shares at 10.1x 2019E earnings or 1.8x NAV". (more...)
Richard Branson’s Virgin Galactic completes second flight in bid to reach space Richard Branson’s Virgin Galactic completes second flight in bid to reach space
- February 24, 2019

This space flight also means Chief Pilot Dave Mackay and co-pilot Michael "Sooch" Masucci become commercial astronauts and the 569th and 570th humans in space. Two minutes later, Virgin Galactic posted on Twitter: "SpaceShipTwo, welcome back to space". "The next few months promise to be the most thrilling yet". (more...)
Cargo jet with three on board crashes near Houston airport Cargo jet with three on board crashes near Houston airport
- February 24, 2019

The FAA said in a statement that the National Transportation Safety Board would be investigating the crash. At about the moment it disappeared from communication with the FAA, the flight had descended to about 6,900 feet and was flying at 282 miles per hour, according to the site Flight Aware . (more...)
Google Will No Longer Force Workers to Arbitrate in Discrimination Cases Google Will No Longer Force Workers to Arbitrate in Discrimination Cases
- February 24, 2019

Forced arbitration agreements, which reach past the tech business, expect workers to waive their rights to make a legitimate case in court and rather experience a private system. "Google appears to be meeting that demand for employees - but the change will not apply in the same blanket way to the many contractors, vendors and temporary employees it uses", said the report. (more...)
Atlas Air cargo jet crashes near Baytown, Texas, today
- February 24, 2019

The Houston Police Department said it is sending its marine officers to the scene and the Harris County Sheriff's Office said it is sending personnel to assist with the crash. The aircraft was flying from Miami to Houston. Initial images from the crash site indicate that the aircraft was completely destroyed on impact. FAA investigators are traveling to the crash site and the National Aviation Security Board will investigate the crash, the FAA wrote. (more...)
Microsoft workers protest use of HoloLens headsets for war Microsoft workers protest use of HoloLens headsets for war
- February 23, 2019

ET on February 22. A group of Microsoft workers is demanding the company cancel a contract supplying the U.S. Army with HoloLens headsets that they say would turn real-world battlefields into a video game. "First, we believe that the people who defend our country need and deserve our support". Microsoft is expected unveil updates to HoloLens, its headset for businesses and governments, during an event at the Mobile World Congress industry conference in Barcelona on Sunday. (more...)
Honda's UK Plant Closure Might Be Good News For US Assembly Plant Honda's UK Plant Closure Might Be Good News For US Assembly Plant
- February 23, 2019

The plant now produces 150'000 cars per year, and employs approximately 3'500 people. In light of the unprecedented changes which are impacting our industry, it's essential that we accelerate our electrification strategy and restructure our Operations respectively, Honda Motor Europe President Katsushi Inoue said in a statement . (more...)
Maui Gas Prices Remain Constant at $3.55 Maui Gas Prices Remain Constant at $3.55
- February 23, 2019

AAA Michigan says average gas prices statewide are up about 8 cents from a week ago to about $2.37 per gallon. "Motorists are seeing more expensive gas prices as a result of ongoing refinery problems coupled with crude oil prices hitting their highest level so far this year as global crude inventories tighten", said Jeanette Casselano, AAA spokesperson. (more...)
Zimbabwe's banks begin trading in new currency Zimbabwe's banks begin trading in new currency
- February 23, 2019

The central bank began selling US dollars to banks on Friday morning at a rate of 2.5 RTGS to the greenback, its governor said. Street traders said there had yet to be any change on the black market, where one USA dollar still costs around 3.5 bond notes and $4 in electronic funds. (more...)
Oil hovers near 2019 highs amid OPEC cuts Oil hovers near 2019 highs amid OPEC cuts
- February 23, 2019

Despite this, prices remained just below 2019 peaks reached earlier this week as USA crude oil production hit a record 12 million barrels per day (bpd) and its exports also surged. Since taking effect in January, supply cuts agreed by OPEC have helped oil prices increase to above $60 dollars a barrel, after many market commentators feared the commodity would fall below the $40 back in November previous year. (more...)
Startups Cheer As Government Eases Angel Tax Norms, Widens Definition Startups Cheer As Government Eases Angel Tax Norms, Widens Definition
- February 22, 2019

An entity can now be termed a startup up to 10 years (up from 7 years) since the date of incorporation, provided it has not crossed Rs 100 crore in revenue in a single year. "Further, by excluding the investments received from non-residents from overall investment limit will encourage the start-ups to seek funding from non-resident investors, without any limit and ensuring that only investments from resident investors is subject to overall investment limit". (more...)
Wall Street mostly edges up in volatile trade after Fed minutes Wall Street mostly edges up in volatile trade after Fed minutes
- February 22, 2019

The Fed raised the benchmark lending rate four times previous year, but after the last increase in December "the economic outlook had become more uncertain", they said . The tone of the minutes was "decidedly noncommittal", according to Ward McCarthy, an economist at Jefferies LLC. "Almost all participants thought that it would be desirable to announce before too long a plan to stop reducing the Federal Reserve's asset holdings later this year", according to the record of the Federal Open ... (more...)
Caesars Share Icahn Shares Caesars Share Icahn Shares
- February 22, 2019

The company's statement arrives a day after Mr. Icahn disclosed that he has purchased roughly a 10% stake in Caesars in a filing with the US Securities and Exchange Commission. The Wall Street Journal last week reported an official with Eldorado Resorts Inc. also "made a preliminary approach" over the past several months. (more...)
Kraft Heinz stock plunges after revealing SEC investigation Kraft Heinz stock plunges after revealing SEC investigation
- February 22, 2019

In its fourth quarter earnings report , the company said that the write-down resulted in a net loss of $12.6 billion. The overnight stock price plunge represents a $3.2 billion hit alone for its largest investor, Warren Buffett's Berkshire Hathaway, which owns more than 26 percent of the company's outstanding shares. (more...)
Failing Payless to honor gift cards, store credit into March Failing Payless to honor gift cards, store credit into March
- February 22, 2019

Payless says it is not closing down its operations in Jamaica. The company said it is either number one or two in the markets in which it operates in Latin American and the Caribbean. The debt-burdened chain filed for Chapter 11 bankruptcy protection a first time in April 2017, closing hundreds of stores as part of its reorganization. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 next »