Business


President Trump said showing losses on tax returns was 'sport' President Trump said showing losses on tax returns was 'sport'
- May 09, 2019

Trump lost $34.9 million on short-term stock trades that year, the Times said. Officials in New York state are also taking steps to seek the president's tax returns, the New York Times has reported. This mix of self-promotion, shamelessness, and brazen irresponsibility shows up in Trump's well-documented history dealing with small businesses and contractors as well. (more...)
Trump Tweet Suggests Sale Of GM Lordstown Plant, But Deal Isn’t Done Trump Tweet Suggests Sale Of GM Lordstown Plant, But Deal Isn’t Done
- May 09, 2019

The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700 million in three OH factories to create 450 additional jobs. Toledo Transmission will expand production of the company's all-new 10-speed automatic transmission for trucks and SUVs. Just spoke to Mary Barra, CEO of General Motors , who informed me that, subject to a UAW agreement etc., GM will be selling their handsome Lordstown Plant to ... (more...)
Chinese government-friendly PUBG Mobile update replaces kills with a friendlier alternative Chinese government-friendly PUBG Mobile update replaces kills with a friendlier alternative
- May 08, 2019

IHS Markit game analyst Cui Chenyu told Reuters that the title is "almost exactly the same" as PUBG , though it's said to lack more gory elements in line with government regulations. "The game play, the background, the graphic design and the characters, they're nearly the same". Game for Peace was approved for in-app purchases in April, and appears to include players' recent PUBG match history. (more...)
Crypto exchange Binance hacked, over $40 million in bitcoin stolen Crypto exchange Binance hacked, over $40 million in bitcoin stolen
- May 08, 2019

Binance admins froze deposits and withdrawals immediately after and put the site in maintenance mode to investigate the huge pile of money that left their platform. The funds are decidedly not safe. The move is truly paying off dividends for the exchange. This, however, was not welcomed by a major section of the Bitcoin community as many are taking social media platforms to show their decent. (more...)
Lyft signals no end to spending spree in first post-IPO results Lyft signals no end to spending spree in first post-IPO results
- May 08, 2019

In Lyft's favor, the company benefited from increased demand in the first quarter: Active riders using its app rose 46% to 20.5 million, while revenue per active rider rose 34% to $37.86. Mishel also pilloried the notion that gig economy workers - independent contract or freelance workers - were becoming a significant economic force. (more...)
AMD and Nvidia Analysts Worry Amid US-China Tensions AMD and Nvidia Analysts Worry Amid US-China Tensions
- May 08, 2019

Earlier in the week, US President Donald Trump tweeted that he would increase tariffs to 25 per cent in relation to $US525 billion worth of Chinese goods. Niko Partnersreleased new research this month indicating that by 2023, China will have more than 354 million PC gamers playing online games, which is greater than the entire population of the U.S. (more...)
Uber, Lyft drivers to strike and rally ahead of Uber's IPO Uber, Lyft drivers to strike and rally ahead of Uber's IPO
- May 08, 2019

Former Foodora rider Josh Klooger past year won Australia's first unfair dismissal claim against the delivery service after he stood up for better working conditions. The latter is done to stumble Uber's stock market launch. "We do see added risk from Uber aiming to take a greater share of the fare from drivers and expect that the more Uber pushes here, the more drivers will fight back and protest, increasing the likelihood of regulations (particularly at the state level in the USA ... (more...)
Total sale moves Occidental closer to Anadarko deal Total sale moves Occidental closer to Anadarko deal
- May 08, 2019

Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was created to make sure Anadarko's board considers its offer superior to one from Chevron Corp. They would represent about 6% of Occidental's proforma expected net production and 7% of the cash flow after capital expenditures for 2020. Vicki Hollub, CEO of Occidental said that Total S.A. (more...)
Riot Games employees walk out over workplace harassment lawsuits Riot Games employees walk out over workplace harassment lawsuits
- May 08, 2019

Reasons for those participating vary, with some disagreeing on Riot Games' outlook towards forced arbitration, and others due to lack of progression with gender equality and diversity efforts at the studio. Following that, Riot also said it would " commit to have a firm answer around expanding the scope and extending this opt-out to all Rioters". The goal of the walkout, according to several Riot employees like Mel Capperino-Garcia on Twitter, is to show that the employees deserve a ... (more...)
Walmart to open 100 veterinary clinics, launching an online pet pharmacy Walmart to open 100 veterinary clinics, launching an online pet pharmacy
- May 07, 2019

Walmart, which now operates 21 vet clinics in its stores across six states, plans to expand the total to 100 during the next 12 months. The company works directly with veterinarians to fill orders and carries more than 300 brands of medication for dogs, cats, horses, and livestock. (more...)
'We screwed up' not buying Google shares, Berkshire's Munger says 'We screwed up' not buying Google shares, Berkshire's Munger says
- May 07, 2019

Jain and Abel were promoted to vice chairmen a year ago and one will take over the role of CEO from Buffett in the future. Billionaire investor Warren Buffett's sprawling conglomerate Berkshire Hathaway has revealed a enormous profit boost after racking up a loss a year ago - but the figures exclude any hit from Kraft Heinz. (more...)
World stocks waver as Fed steers clear of signalling rate cut World stocks waver as Fed steers clear of signalling rate cut
- May 07, 2019

Hong Kong's Hang Seng rose 0.4% to 29,829.76 while Australia's S&P ASX 200 lost 0.6% to 6,340.20. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of "The Red Roadmaster's Technical Report" on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. (more...)
Iran Says Will Sell Oil On 'Gray Market' Iran Says Will Sell Oil On 'Gray Market'
- May 07, 2019

Tehran has "mobilised" all its resources to sell oil in a "grey market" bypassing USA sanctions, state media quotes Deputy Oil Minister Amir Hossein Zamaninia as saying. He designated Iran's elite Revolutionary Guard Corps a terrorist group and dispatched the USS Abraham Lincoln and a bomber force to the Gulf as a warning. (more...)
Wendy's bringing back spicy chicken nuggets, $0.50 cent Frosty Wendy's bringing back spicy chicken nuggets, $0.50 cent Frosty
- May 07, 2019

On Saturday, Chance jumped on Instagram to share an exchange with Wendy's about their signature spicy nuggets. If their retweet of Chance gets at least two million likes, they continued, the "people in charge" have agreed to bring back the spicy chicken nuggets menu item. (more...)
China backtracking on trade deal caused Trump to threaten to raise tariffs China backtracking on trade deal caused Trump to threaten to raise tariffs
- May 07, 2019

President Trump's remarks came on Sunday as the two countries locked in a longstanding trade war seemed near to striking a trade deal. "325 Billions Dollars of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%". (more...)
The 'One Ring' phone scam you should know about The 'One Ring' phone scam you should know about
- May 07, 2019

Hiya, the app company that helps people identify whether they're receiving a spam call, also warned of the dangers of picking up the " Wangiri " calls in a news release on Friday. Instead, turn off your phone or, if it is a landline, take it off the hook. That late-night telephone call you just got that amounted to one ring - don't call back. (more...)
Why did Trump threaten to raise China tariffs - and what now? Why did Trump threaten to raise China tariffs - and what now?
- May 06, 2019

China releases trade data Wednesday, and the USA does so on Thursday.South Africa holds national elections Wednesday.European Union leaders gather Thursday to discuss policy priorities for the coming five years.China reports on inflation Thursday. (more...)
Deals you can score during National Nurses Week Deals you can score during National Nurses Week
- May 06, 2019

They're available on Kindle for a limited time only. Disney World: Nurses in need of a vacation can get discounted rates at Disney's Swan and Dolphin resorts. "It is estimated that there are about 12,000 nurses missing in the health system, and this disadvantage is an additional burden for nurses working at the primary, secondary or tertiary health care", commented the President of the Croatian National Association of Nurses, Adriano Friganovic. (more...)
China Considers Cancelling Trade Talks with US China Considers Cancelling Trade Talks with US
- May 06, 2019

Sources say Chinese Vice Premier Liu He will likely cancel the trip he'd planned for himself and a 100-person delegation for the final round of talks with the USA that could have resulted in a trade deal. Based on calculations by Bloomberg Economics, tariffs at the current level add up to a 0.5 percentage-point drag on China's gross domestic product growth this year. (more...)
China considering cancelling trade talks with U.S.: media reports
- May 06, 2019

US President Donald Trump said on Sunday he would raise tariffs to 25 per cent from 10 per cent on $200 billion of Chinese imports by the end of the week. The move increases pressure on China as Vice-Premier Liu He prepares to travel to Washington this week to resume negotiations. The United States first imposed tariffs on $50 billion worth of Chinese goods as a punitive measure. (more...)
Sinclair Clinches Disney-Regional Sports Networks Deal, Byron Allen Joins as Partner Sinclair Clinches Disney-Regional Sports Networks Deal, Byron Allen Joins as Partner
- May 06, 2019

The networks, which generated $3.8 billion in revenues across 74 million subscribers previous year, make up the largest collection of such regional sports channels in the market and include exclusive local rights to 42 professional baseball, basketball and hockey teams. (more...)
United States jobs report: April continues growth as 263,000 jobs added United States jobs report: April continues growth as 263,000 jobs added
- May 06, 2019

The participation rate, or share of working-age people in the labour force, decreased to 62.8 per cent from 63 per cent. The unemployment rate is now the lowest it has been since December 1969. This record low unemployment , not seen in an entire generation, demonstrates the economy's robust growth. Nevertheless, the brisk pace of hiring should dim hopes among investors that the Federal Reserve will feel pressure to cut interest rates in the near term. (more...)
Trump says he'll raise tariffs on $200bn of Chinese goods Trump says he'll raise tariffs on $200bn of Chinese goods
- May 06, 2019

The president has continually said America is getting the short end of the stick when it comes to our trade agreements with China. It now has imposed 10 percent tariffs on $200 billion in Chinese imports and 25 percent tariffs on another $50 billion. (more...)
HSBC profits leap 31% in Q1 HSBC profits leap 31% in Q1
- May 05, 2019

Profits at HSBC rose by nearly a third in the first three months of the year, relieving pressure on John Flint, its chief executive, after a weak end to the year. In a statement , HSBC said growth in Asia was strong during the first quarter and reported a 7% rise in revenue for the period, compared with a year earlier. (more...)
Amazon.com shares boosted by Warren Buffett's comments Amazon.com shares boosted by Warren Buffett's comments
- May 05, 2019

Berkshire also said it repurchased $1.7 billion of its stock in the quarter, reflecting Buffett's troubles to find better uses for the Omaha , Nebraska-based conglomerate's cash hoard, which now totals $114.2 billion. "We just sat there sucking our thumbs", Munger, who spent much of the company's Q&A session nibbling on peanut brittle, said about not buying Google. (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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 next »