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Home2018October

Month: October 2018

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Business News

Pacific trade pact to start at end-2018 after six members ratify

October 31, 2018 admin Comments Off on Pacific trade pact to start at end-2018 after six members ratify

A landmark 11-member trade deal aimed at slashing barriers in some of Asia Pacific’s fastest growing economies will come into force at the end of December, the New Zealand government said on Wednesday.

…read more […]

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Business News

After tragedies and big losses, Hyundai looks to reverse North Korea fortunes

October 31, 2018 admin Comments Off on After tragedies and big losses, Hyundai looks to reverse North Korea fortunes

For Hyundai, the South Korean conglomerate, North Korea has been a story of lost opportunities – and tragedy.

…read more […]

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Business News

Barnes & Noble countersues ex-CEO it fired after alleged harassment

October 31, 2018 admin Comments Off on Barnes & Noble countersues ex-CEO it fired after alleged harassment

Barnes & Noble Inc on Tuesday filed a countersuit seeking damages from the former chief executive officer it fired in part because of claims he sexually harassed a female employee.

…read more […]

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T-Mobile exceeds expectations for phone subscribers, profit

October 31, 2018 admin Comments Off on T-Mobile exceeds expectations for phone subscribers, profit

T-Mobile US Inc on Tuesday exceeded Wall Street’s quarterly estimates for net new phone subscribers and profit, driven by its competitive wireless plans and trade-in offers for iPhones aimed at fending off its bigger rivals.

…read more […]

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Facebook’s rise in profit outweighs slow user, sales growth

October 30, 2018 admin Comments Off on Facebook’s rise in profit outweighs slow user, sales growth

Facebook Inc on Tuesday beat profit estimates but missed targets for growing monthly users and reported its slowest revenue growth in about six years in a quarter some investors feared would be hit harder by defections from the social media site.

…read more […]

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U.S. presence at Cuba trade fair dwindles given Trump hostility

October 30, 2018 admin Comments Off on U.S. presence at Cuba trade fair dwindles given Trump hostility

A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014 detente between the old Cold War foes.

…read more […]

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EV maker Faraday Future’s co-founder Nick Sampson steps down

October 30, 2018 admin Comments Off on EV maker Faraday Future’s co-founder Nick Sampson steps down

Chinese electric vehicle developer Faraday Future said on Tuesday its co-founder Nick Sampson has resigned, a week after the cash-starved company planned pay cuts and layoffs to reduce operational costs.

…read more […]

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GE’s demolished dividend shreds shareholders’ safety net

October 30, 2018 admin Comments Off on GE’s demolished dividend shreds shareholders’ safety net

General Electric Co shareholders were dealt yet another blow on Tuesday.

…read more […]

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Wall St. rebounds as chip, transport shares surge

October 30, 2018 admin Comments Off on Wall St. rebounds as chip, transport shares surge

Major U.S. stock indexes jumped more than 1 percent on Tuesday, helped by strong gains for chip and transport stocks as investors took advantage of cheaper prices following a steep recent pullback for equities.

…read more […]

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Facebook misses estimates for monthly users, revenue

October 30, 2018 admin Comments Off on Facebook misses estimates for monthly users, revenue

Facebook Inc on Tuesday missed estimates for quarterly user growth and revenue but topped profit expectations as the social network tries to recover from privacy and content scandals.

…read more […]

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Oil prices down more than 1 percent on rising supply, trade war

October 30, 2018 admin Comments Off on Oil prices down more than 1 percent on rising supply, trade war

Oil prices dropped more than 1 percent on Tuesday on signs of rising supply and concern that global economic growth and demand for fuel will fall victim to the U.S.-China trade war.

…read more […]

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EV maker Faraday Future’s co-founder Nick Sampson steps down: Verge

October 30, 2018 admin Comments Off on EV maker Faraday Future’s co-founder Nick Sampson steps down: Verge

Chinese electric vehicle developer Faraday Future’s co-founder Nick Sampson has resigned, tech news website Verge reported on Tuesday, a week after the cash-starved company planned pay cuts and layoffs to reduce operational costs.

…read more […]

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Wall Street edges back, helped by bargain hunters

October 30, 2018 admin Comments Off on Wall Street edges back, helped by bargain hunters

Major U.S. stock indexes posted modest gains on Tuesday, helped by gains for chip stocks as investors took advantage of cheaper prices following a steep recent pullback for equities.

…read more […]

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Exclusive: Buyout firms Bain, CVC compete for Papa John’s – sources

October 30, 2018 admin Comments Off on Exclusive: Buyout firms Bain, CVC compete for Papa John’s – sources

Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John’s International Inc , the world’s third-largest pizza delivery company, people familiar with the matter said on Tuesday.

…read more […]

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U.S. leads equities higher on hopes of U.S.-China trade deal

October 30, 2018 admin Comments Off on U.S. leads equities higher on hopes of U.S.-China trade deal

Broad gains in the U.S. equity market turned global stocks higher on Tuesday after President Donald Trump said a “great deal” could be struck with China that would relieve fears of a growing trade war between the world’s two largest economies.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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