Markets

by | March 15, 2019 | 00:47

Facebook, which has been embroiled in a series of scandals, is losing two more top executives as it focuses on building a more "privacy-focused social platform". He also built Facebook's first human resources teams and oversaw the strategy for the apps that Facebook owns, Zuckerberg wrote. Numerous changes Zuckerberg outlined involve duplicating some of WhatsApp's features in Facebook's other messaging apps.

by | March 14, 2019 | 02:54

In turn, Facebook took down four of Warren's ads that directly challenged its powerful position. While Facebook has now reversed their decision, this incident serves as a chilling reminder of the amount of control they wield over what information the public sees, in particular criticism of their business.

by | March 14, 2019 | 02:30

Chrysler said the non-compliant emissions were discovered in "routine in-use emissions testing, and reported to the EPA ". It should be noted that the issue has no direct safety implications to drivers and passengers, and the EPA has not levied any fines as a result of this discovery.

by | March 14, 2019 | 02:07

Shares of the company jumped 10 percent after it offered Peltz the role and an option to buy almost 20 million shares at C$10.34 a share, a small discount on the stock's close of C$10.64 on Tuesday. Peltz brings a network of relationships with large potential strategic companies that Aurora could partner with across medical and consumer applications, Cowen and Company analysts said in a note.

by | March 14, 2019 | 03:19

It's in everyone's best interest to wait until all 5G networks are live from the major USA carriers so that we can get a better picture of which cities will get it this year and how much it'll cost. The 4G LTE-enabled Moto Z3 is already out, but its 5G Moto Mod add-on arrives on Thursday, April 11, and pre-orders start even sooner: tomorrow, Thursday, March 14.

by | March 14, 2019 | 02:05

In the course of preparing its 2019 interim results and finalising the 31 December 2018 net debt position, the company 'identified a number of adjustments in aggregate of £10.3m, principally relating to the Group's hedging activities, and has revised the classification of the debt in aggregate of £40.2m associated with certain developments assets held for resale at 31 December 2018, ' Kier said.

by | March 14, 2019 | 01:08

Per Sandler, the possibility of Facebook adding a new revenue stream "starts to change the story" of the company's shares, in Barclays' view. As CNBC points out, Facebook has tried to get into payments almost a decade ago, as it created a digital currency called " Facebook credits ".

by | March 13, 2019 | 04:28

CEO Ed Stack said Tuesday that Dick's will pull hunting gear from 125 stores starting in around August in response to its slumping sales in those stores, Bloomberg reported , a move that may spread to more stores next year. For the 125 additional stores, hunting floor space "will be replaced by merchandise categories that can drive growth, each based on the needs of that particular market", Stack said on the company's earnings call.

by | March 13, 2019 | 02:02

It's a second blow for the factory in as many months after the Japanese company confirmed in early February that it had cancelled plans to build the next-generation Nissan X-Trail SUV at the British facility . Nissan is ending Infiniti vehicle sales in the United Kingdom, as part of a restructuring plan that will refocus the premium brand on markets in North America and China.

by | March 13, 2019 | 00:55

In a corporate blog post at the end of February, the electric vehicle maker said it planned to wind down most of its stores and move to an online-only sales model in an effort to keep prices down while remaining financially sustainable. "As part of Tesla's ongoing logistics strategy to increase its vehicle transport capacity, reduce vehicle transportation time, and improve the timeliness of scheduled deliveries, Tesla agreed to issue shares of Tesla's common stock in connection with ...

by | March 12, 2019 | 04:38

He wished to attend the meeting, but the bail conditions require having the court's permission, so his attorney lodged the request on Friday. "It is extremely disappointing that a long-trusted co-worker of my father's would slander him by claiming falsely that my father does not love and respect Japan", the children - Caroline, Nadine, Maya and Anthony Ghosn - said in a statement signed by all four.

by | March 12, 2019 | 03:27

Asked if the PM had considered resigning if her deal was defeated on Tuesday, her spokesman said he had not discussed the matter with Mrs May, but added: "I have seen nothing at all to suggest that". Thus far, the terms are unchanged from the withdrawal plan that received a shellacking in Parliament in January, losing by some 230 votes, a record rejection of a sitting government.

by | March 12, 2019 | 02:29

What follows are eight important things to know about the $6.8 billion Nvidia-Mellanox acquisition , including the market for Mellanox's products, what they're used for and the history of Mellanox's journey from activist investor spat to acquisition by Nvidia .

by | March 12, 2019 | 03:52

Tesla said the worldwide price hikes will apply to the more expensive variants of Model 3 , Model S and Model X . The news reads more like a stay of execution than a pardon, but surely comes as welcome news to the thousands of retail employees staffing its stores around the world that were left not knowing if they would even have jobs in the coming days or weeks after the company made a decision to close most of its stores.

by | March 12, 2019 | 03:29

If progress had been made, Mrs May had been expected to fly to Brussels for face-to-face talks with the European Commission president, but the EU confirmed that no political meetings were scheduled between the two sides this week. The wording of the motion that parliament votes on will be subject to amendments. And unfortunately for parliamentarians, leaving without a deal is the option most preferred by the voting public, as a recent poll has claimed.

by | March 11, 2019 | 10:58

The decision not to allow Nio to follow through on previously announced plans to build its own vehicle factory in Shanghai effectively means Nio may have to wait in line until rival Tesla's plant in the city reaches capacity. The entire proceeds of the loan will be invested in the construction of the Gigafactory in Shanghai. Since going public, Nio has launched another vehicle, the ES6.

by | March 11, 2019 | 12:11

Shkreli also could face disciplinary sanctions within the prison if he is found to have conducted business. "This allegation is now under investigation". The risk could be worth it for the 35-year-old because, if Phoenixus continues to grow under his stewardship, it could be worth $3.7 billion by the time he is set free in 2023.

by | March 11, 2019 | 10:49

However, one Beijing-based source familiar with the trade talks said there had been no formal discussions between the two countries on Xi going to Florida, and downplayed the chances of it happening this month. In a move that could help the negotiations, China's parliament will next week pass a new law regulating foreign investment and barring the forced transfer of technology by foreign firms to Chinese joint venture partners.

by | March 11, 2019 | 12:12

One year ago at this time, the region has a 6.9 per cent unemployment rate. The gain was largely due to the service sectors (+46.2k), with notable strength in professional services (+18.3k) and retail/wholesale trade (+12.1k). The addition last month of 67,400 full-time jobs more than offset a loss of 11,600 part-time positions, the data showed. A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015.

by | March 11, 2019 | 11:51

If there is no jackpot victor, the amount grows larger for the next drawing. Each match five victor automatically wins $2 million. Powerball is played in 44 states in addition to Washington D.C., Puerto Rico and the U.S. The winning numbers on Saturday night were 5, 6, 45, 55 and 59, with a Powerball number of 14. The drawings are broadcast on live television as well.

by | March 11, 2019 | 00:47

Despite active work on a bipartisan deal, the president declared a national emergency in February to secure the funding his administration felt was necessary to build barriers along the southern border. By signaling on Monday that he wants billions of dollars in additional border wall funding to be part of any deal, Trump is sending an early signal to lawmakers of what his demands will be.

by | March 10, 2019 | 06:41

Although the flight landed safely at 5:30pm local time, at least thirty-two people were injured in the mid-air mayhem, New York Fire Department said. The rest of the injuries were minor injuries like cuts and bruises, officials said. The Boeing 777 had taken off from Istanbul with 326 passengers and 21 crew members.

by | March 10, 2019 | 05:51

The company's Combined Operating Ratio, a key measure of profitability, remained "robust" at 91.5% and was in line with 2017's level of 91.4%. The company's general insurance net written premiums were roughly flat at £9.11 billion compared with £9.14 billion in 2017 and the general insurance combined operating ratio was stable at 96.6% in 2018, the statement said.

by | March 10, 2019 | 04:52

A flight to Fort Lauderdale from Montreal with 189 people aboard was forced to make an emergency landing in Newark, N.J., Saturday morning after reports of smoke inside the aircraft, according to the Federal Aviation Administration . All runways at Newark Liberty - one of the nation's busiest airports - were shut down temporarily, and the plane was removed from the runway. The incident is under investigation, Coleman added, and authorities are working to get the aircraft off the runway.

by | March 10, 2019 | 03:59

There are multiple moving average indicators that traders may rely on when conducting stock research. On Tuesday, February 12 Goldman Sachs upgraded the shares of RIO in report to "Buy" rating. The stock has a consensus rating of "Hold" and an average price target of $56.66. Many individual investors will approach the stock market from various angles.

by | March 10, 2019 | 03:59

Many were baffled by the somewhat transparent disguise, which has riveted Japanese tabloid media. Doubters have questioned the effectiveness of the conditions, with Japanese media speculating that Ghosn could easily leave his residence and call or meet people involved in the case.

by | March 10, 2019 | 01:39

Production in the quarter averaged 178,198 barrels of oil equivalent per day compared with 178,975 in the last three months of 2017. Investing in the stock market will always involve some level of risk. Analyses consensus rating score stands at 3. Based on analysts polled by Zacks Research, this rating lands on an easy to follow scale from 1 to 5 where a 1 would indicate a Strong Buy and a 5 would represent a Strong Sell recommendation.

by | March 10, 2019 | 03:25

The Nasdaq Composite Index decreased 53.85 points, or 0.73 percent, to 7,367.61. "I think people realized it's not that bad overall". Weak Chinese trade data added to the negativity. "Our initial take is these developments are pressing down on market confidence, seen in lower bond yields and equities ". Italy's 10-year government bond yield touched its lowest level in just over a month at 2.661% and was last down 4 basis points on the day.

by | March 09, 2019 | 03:17

February's was dramatically smaller than January's revised increase of 311,000 and December's revised 227,000. "Despite the slowdown, job growth remains strong enough for the labor market to continue tightening and put upward pressure on wages".

by | March 09, 2019 | 03:41

The senior USA senator and a leading candidate for the Democratic nomination said the companies had "bulldozed competition and tilted the playing field in their favour" as she laid out a plan for strict antitrust rules. Warren says she would work to pass legislation to designate parts of these companies as what she calls "platform utilities" and force Amazon Marketplace, Google's ad business, and Google's search business to separate from their parent companies.

by | March 09, 2019 | 01:17

That's how much the New Jersey man is about to receive in one lump sum after one of his Mega Millions tickets hit the $273 million jackpot last Friday, a windfall that nearly didn't happen when he left behind the tickets he'd purchased on February 28 at a Phillipsburg QuickChek convenience store, the New York Daily News reports.

by | March 08, 2019 | 04:32

Overall the bulls have outpaced the bears today and the total cryptocurrency market cap has increased from $133 billion to $134 billion. While the reasons that most cryptocurrencies are highly correlated to bitcoin are not definitive, studies have shown this dependency on bitcoin's trend has only grown stronger with time.

by | March 08, 2019 | 03:51

Today was another Big Idea day for Mark, one where our pallid, lab-grown CEO shovels 3,000 words of pure disruption down our collective throats (in the form of a lengthy Facebook post ). "People should be comfortable being themselves, and should not have to worry about what they share coming back to hurt them later". This philosophy could be extended to all private content .

by | March 08, 2019 | 04:52

If there is no jackpot victor, the amount grows larger for the next drawing. Players must select 5 numbers from 1-69 and one Powerball number between 1-26 to play. The Powerball number drawn was 23 and the Power Play was 2X. No one has won the top prize since David Johnson, a 56-year-old supermarket worker from Brooklyn, New York, hit the $298.3 million jackpot on December 26.

by | March 08, 2019 | 03:24

Meanwhile, Manila's luxury residential market growth which jumped 11.1% allowed it to take the top spot in PIRI 100, followed by Edinburgh, Berlin, Munich and Buenos Aires. Respondents said 29 percent of their clients are looking to invest in the country's property markets in 2019/2020, while 17 percent are exploring overseas, with the likely destinations being the United Kingdom (55 percent), UAE (25 percent), USA (15 percent), Australia and Canada (15 percent), Germany (10 percent), and ...