Trading Ideas
New York lawyer whose racist rant went viral doesn't dese…
“If you go on a racist rant, you’ve finished your career pretty well,” says “Shark Tank” star Kevin O’Leary. …read more […]
Year: 2018
Business News
Canada optimism over pipeline interest may be misplaced: sources
WINNIPEG, Manitoba (Reuters) – The Canadian government’s optimism that outside investors would be interested in taking over a Kinder Morgan Canada oil pipeline project if the company pulls out might be misplaced, said energy industry sources and analysts.
Business News
PayPal in advanced talks to buy Sweden’s iZettle: Sky News
(Reuters) – PayPal Holdings Inc is in advanced talks to buy Swedish payment group iZettle, Sky News reported on Thursday, citing sources familiar with the matter.
Business News
Mercedes to restart Alabama SUV plant next week after parts shortage
(Reuters) – Daimler AG’s Mercedes-Benz SUV plant in Alabama will resume production next week, the company said on Thursday, after being down this week because of parts shortages caused by a fire at a key supplier.
Trading Ideas
Trump: If FBI spied on my campaign, ‘bigger than Watergate!’
Trump made the comment on the anniversary of Robert Mueller’s appointment as special counsel to head the Justice Department investigation into possible coordination between Russia and Trump campaign official. …read more […]
Business News
Delaware judge rules in favor of Redstone family in CBS dispute
(Reuters) – A judge declined on Thursday to issue a restraining order against Shari Redstone, allowing her to exert control over CBS Corp and dealing a setback to the U.S. media company’s plans to strip her voting power and thwart a merger with Viacom Inc .
Business News
Canada ‘positive’ on NAFTA, Mexico says deal possible by end-May
NEW YORK/MEXICO CITY (Reuters) – Canadian Prime Minister Justin Trudeau on Thursday said he felt “positive” about talks to rework the NAFTA trade pact, while a top Mexican official held out hope a deal could be hammered out by the end of May.
Business News
U.S. gunmaker Remington exits bankruptcy in tough gun climate
(Reuters) – U.S. weapons manufacturer Remington Outdoor Co Inc said on Thursday it had emerged from Chapter 11 bankruptcy with less debt and more stable financing that may help it ride out a slowing market for firearms.
Trading Ideas
Hawaii volcano erupts anew, sends huge ash plume into sky
HONOLULU (AP) — Hawaii’s Kilauea volcano erupted anew before dawn Thursday, shooting a steely gray plume of ash from its summit about 30,000 feet (9,100 meters) into the sky that began raining down on a nearby town. …read more […]
Business News
Oil surge keeps Wall Street’s losses in check
(Reuters) – A surge in energy and industrial shares kept Wall Street’s losses in check on Thursday, even as a rise in U.S. bond yields to a fresh seven-year high suggested more competition for equities.
Trading Ideas
It turns out Apple could build its new campus in North Carolina
The Washington Post reported just yesterday that Apple was talking with …read more […]
Business News
NAFTA deal might be ready by end-May, could go past July 1 election: Mexico
MEXICO CITY (Reuters) – Mexico’s Economy Minister Ildefonso Guajardo said on Thursday that an agreement on a new NAFTA deal could be reached by the end of May, but added that if no agreement is reached the talks could extend beyond the July 1 Mexican presidential election.
Business News
Kroger inks Ocado grocery delivery deal to battle Amazon threat
LONDON/LOS ANGELES (Reuters) – U.S. supermarket chain Kroger Co struck a deal with British online grocer Ocado to build and deliver from robot-staffed warehouses, upping the ante in Kroger’s battle with Amazon.com Inc and sending Ocado shares rocketing.
Business News
Delaware judge rules for Redstone family in CBS dispute
WILMINGTON, Del (Reuters) – A Delaware judge said on Thursday he would not block Shari Redstone from exerting control over the board of CBS Corp , which was considering stripping her voting power in defiance of her push to merge the media company with Viacom Inc .
Business News
Oil surge spurs Wall Street turnaround, sends Russell 2000 to record
(Reuters) – Energy and industrial stocks led Wall Street higher on Thursday and the small-cap Russell 2000 hit a record, even as a rise in U.S. bond yields to fresh seven-year highs suggested more competition for equities and investors fretted over geopolitics.