Trading Ideas
Amazon Prime Day sales up 89 percent in first 12 hours fr…
CNBC’s Courtney Reagan reports on the latest numbers from Amazon’s Prime Day amid its glitches on Monday. …read more […]
Year: 2018
Business News
U.S. airline Republic Airways to buy 100 Embraer jets
U.S. regional airline Republic Airways signed a letter of intent to buy 100 E175 passenger jets made by Brazil’s Embraer SA , the two companies said at the Farnborough Airshow on Tuesday.
Business News
UK PM May narrowly avoids defeat in parliament on EU trade laws
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that had threatened to deepen a crisis over her Brexit strategy.
Business News
Boeing CEO eyes supplier price cuts after Embraer deal
Boeing will press for deeper price cuts from some suppliers once it completes its planned acquisition of the regional jet business of Brazil’s Embraer , Chief Executive Dennis Muilenburg told Reuters on Tuesday.
Business News
Wall St. gains on Powell comments, rosy earnings expectations
Wall Street pushed higher on Tuesday as investors looked to Federal Reserve Chairman Jerome Powell’s optimistic view of the U.S. economy and as solid earnings supported expectations of a strong second-quarter reporting season.
Business News
UK government wins approval for Brexit trade law in lower house of parliament
Prime Minister Theresa May won approval from the lower of house of parliament on Tuesday for a law needed to let Britain pursue an independent trade policy once it leaves the European Union.
Business News
Fed’s Powell: Years of strong jobs, low inflation still ahead
Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration’s trade policies were already damaging businesses in their districts.
Business News
Eurofighter buy would help Belgium secure role in future fighter: BAE
Belgium is being offered a possible role in future European combat jet developments if it picks the Eurofighter Typhoon over the U.S.-built F-35, in a fierce contest to rearm the country’s air force, a senior official with Britain’s BAE Systems said.
Trading Ideas
Obama delivers veiled rebuke to Trump in Mandela address
Obama was cheered by thousands in Johannesburg’s Wanderers Stadium as he marked the centenary of Nelson Mandela’s birth by urging respect for human rights, the free press and other values he said were under threat. “Those in power seek to undermine every institution … that gives democracy meaning,” he said. …read more […]
Business News
Goldman Sachs pressed on strategy as new CEO confirmed
Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank’s overhaul.
Business News
Ryanair cancels 1 percent of flights on Friday as strike crisis deepens
Ryanair plans to cancel only 1 percent of its flights during a strike by Ireland-based pilots on Friday, but Europe’s largest low-cost airline is bracing for far wider industrial action across five countries next week.
Business News
UK PM May narrowly avoids defeat in parliament on trade laws
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that threatened to worsen a crisis over her Brexit strategy.
Business News
UK PM May suffers parliament defeat over plans to leave European medicines network
Prime Minister Theresa May suffered an embarrassing defeat on a trade law that means ministers must now seek to secure an agreement that allows Britain to have continued participation in the European medicines regulatory framework.
Business News
UK PM May defeats rebels over plans to remain in EU customs union
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that threatened to worsen a crisis over her Brexit strategy.
Business News
Wall Street gains on Powell comments, J&J results; Netflix drags
U.S. stock indexes rose on Tuesday after Federal Reserve Chairman Jerome Powell gave a robust view of the U.S. economy and strong earnings from healthcare giant Johnson & Johnson reinforced expectations of a solid earnings season.