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Home2018September

Month: September 2018

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Adobe: Fiscal 3Q Earnings Snapshot

September 13, 2018 admin Comments Off on Adobe: Fiscal 3Q Earnings Snapshot

The San Jose, California-based company said it had profit of $1.34 per share. Earnings, adjusted for one-time gains and costs, came to $1.73 per share. The results topped Wall Street expectations. The … …read more […]

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Business News

U.S. lawmakers ask Google if it will rejoin Chinese market

September 13, 2018 admin Comments Off on U.S. lawmakers ask Google if it will rejoin Chinese market

A bipartisan group of U.S. lawmakers on Thursday asked Alphabet Inc’s Google if it will re-enter the Chinese search engine market and if it would comply with China’s internet censorship policies upon its return.

…read more […]

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Business News

UPS plan to boost business shipping falls short with investors

September 13, 2018 admin Comments Off on UPS plan to boost business shipping falls short with investors

United Parcel Service Inc is doubling down on shipments between businesses as part of a $20 billion overhaul aimed at automating its facilities and offsetting the profit squeeze from lower-profit home deliveries from large retailers like Amazon.com .

…read more […]

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Wall Street rises with Apple, easing trade fears

September 13, 2018 admin Comments Off on Wall Street rises with Apple, easing trade fears

Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China welcomed new talks with the United States.

…read more […]

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Business News

Canada PM says he wants a good NAFTA deal soon, hazy on deadline

September 13, 2018 admin Comments Off on Canada PM says he wants a good NAFTA deal soon, hazy on deadline

Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that the end of September was the final deadline for talks.

…read more […]

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Business News

Atlanta Fed’s Bostic: Rate hikes can continue for several more quarters

September 13, 2018 admin Comments Off on Atlanta Fed’s Bostic: Rate hikes can continue for several more quarters

There may be room for the U.S. jobs market to improve further without pressure on inflation, an argument for the Fed to be patient as it considers further rate increases, Atlanta Federal Reserve bank president Raphael Bostic said on Thursday.

…read more […]

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Canadian PM says he wants a good NAFTA deal as soon as possible

September 13, 2018 admin Comments Off on Canadian PM says he wants a good NAFTA deal as soon as possible

Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that Sept. 30 was the final deadline for talks.

…read more […]

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Business News

Company veteran named Airbus sales chief after ex-Rolls executive quits

September 13, 2018 admin Comments Off on Company veteran named Airbus sales chief after ex-Rolls executive quits

Airbus named its second new sales chief in less than a year on Thursday after chief commercial officer Eric Schulz abruptly resigned nine months after being poached from Rolls-Royce to lead the battle for jet sales against Boeing.

…read more […]

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Business News

Wall Street gains with Apple, easing trade concerns

September 13, 2018 admin Comments Off on Wall Street gains with Apple, easing trade concerns

Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China said it was open to fresh talks with the United States.

…read more […]

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Business News

Volkswagen of America to end Beetle production in 2019

September 13, 2018 admin Comments Off on Volkswagen of America to end Beetle production in 2019

Volkswagen’s U.S. unit said on Thursday it would stop producing the iconic Beetle car next year.

…read more […]

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GM to recall about 1.2 million vehicles worldwide

September 13, 2018 admin Comments Off on GM to recall about 1.2 million vehicles worldwide

General Motors Co is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday. The recall … …read more […]

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Business News

GM to recall about 1.2 million vehicles worldwide

September 13, 2018 admin Comments Off on GM to recall about 1.2 million vehicles worldwide

General Motors Co is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday.

…read more […]

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Business News

JPMorgan sees small drop in third-quarter markets revenue vs year earlier

September 13, 2018 admin Comments Off on JPMorgan sees small drop in third-quarter markets revenue vs year earlier

Third-quarter markets revenue at JPMorgan Chase & Co is down by a small percent from a year earlier after adjusting for tax law changes, Chief Financial Officer Marianne Lake said at an investor conference on Thursday.

…read more […]

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Business News

Second round of tariff-related aid to farmers may come in December: USDA

September 13, 2018 admin Comments Off on Second round of tariff-related aid to farmers may come in December: USDA

A second round of tariff-related aid to U.S. farmers could be announced in December, according to a white paper released by the U.S. Department of Agriculture on Thursday.

…read more […]

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Business News

Ex-Deerfield partners get prison in case over U.S. agency leaks

September 13, 2018 admin Comments Off on Ex-Deerfield partners get prison in case over U.S. agency leaks

Two former partners of the hedge fund Deerfield Management were sentenced to three years in prison on Thursday after being convicted of taking part in what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency.

…read more […]

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