The Chinese e-commerce giant has struggled to grow its stock over the last year as company spending and fears of a U.S.-China trade war have put a dent in BABA stock. Alibaba has invested heavily in physical infrastructure. For most of its history, the company has more closely resembled eBay (NASDAQ:EBAY) in that it acted as the middleman. …read more […]
Jurors found Gary Eugene Holmes guilty of first-degree murder and terroristic threatening in the December 2016 death of Acen King. Acen was shot in the back and died later that night at a hospital. Acen’s grandmother, Kim King-Macon, said she did not know Acen had been shot until she arrived at a shopping center about 10 miles away. …read more […]
Excluding Tesla (NASDAQ:TSLA), chipmaker Advanced Micro Devices (NASDAQ:AMD) is arguably one of the most hotly debated stocks on Wall Street. Bears believe that AMD’s current rate of market share expansion is unsustainable. Eventually, Intel and Nvidia will punch back, and when they do, AMD stock will drop, according to the bulls. …read more […]
A Missouri trial court judge has affirmed the massive $4.69 billion verdict against Johnson & Johnson in a case involving 22 women and their families who alleged the company’s talc-based products, including its baby powder, contain asbestos and caused them to develop ovarian cancer.
At the White House press briefing, White House Press Secretary Sarah Huckabee Sanders answers reporter questions about Paul Manafort’s and Michael Cohen’s legal cases. …read more […]
The S&P 500 was little changed on Wednesday after the release of the Federal Open Market Committee’s minutes from its last policy meeting as the index marked its longest bull-market run.
JPMorgan Chase & Co is extending its Sapphire credit card brand into checking accounts at the largest U.S. bank to attract increasingly wealthy millennials as lifetime customers, it said on Wednesday.
U.S. central bankers discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the Federal Reserve’s last policy meeting showed on Wednesday.
Investors in the debt of electric carmaker Tesla are betting the take-private deal described by Chief Executive Elon Musk will not materialize.
A federal air marshal was removed from a United Airlines subsidiary flight on Monday night after a flight attendant saw the gun he was carrying and issued an emergency alert. The air marshal and one other man were taken off the plane and handcuffed before they were questioned by the FBI at the Minneapolis St.Paul International Airport. …read more […]
U.S. central bankers discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the Federal Reserve’s last policy meeting showed on Wednesday.
Comcast Corp said it had received valid acceptances for shares representing just 0.21 percent of Sky Plc after its 14.75 pound per share offer to buy 61 percent of the European broadcaster.
The S&P 500 marked its longest bull-market run on Wednesday, but stocks were largely flat ahead of trade talks and the Federal Reserve’s minutes, with investors worrying about the impact of the legal woes of two ex-advisers on President Donald Trump.
Lowe’s rebounded in the second quarter after dismal weather cut into projects at home — and into company profits — to start the year. Investors also shrugged off a more guarded outlook as the home-improvement retailer shifts direction under new CEO Marvin Ellison. After a premarket selloff, Lowe’s shares jumped nearly 8 percent Wednesday and touched a new high, underscoring the market’s faith in Ellison. …read more […]
President Donald Trump’s former campaign chairman was found guilty of eight criminal counts on Tuesday, including one count of failure to file foreign bank account reports. Here’s what you should know about this filing requirement. …read more […]
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