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Home2019January

Month: January 2019

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Business News

U.S. judge to allow controversial evidence in Roundup cancer trials

January 28, 2019 admin Comments Off on U.S. judge to allow controversial evidence in Roundup cancer trials

A federal judge overseeing lawsuits alleging Bayer AG’s glyphosate-based Roundup weed killer causes cancer on Monday tentatively allowed pieces of controversial evidence that the company had hoped to exclude from upcoming trials.

…read more […]

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Business News

Intel plans to invest $11 billion in new Israeli chip plant: report

January 28, 2019 admin Comments Off on Intel plans to invest $11 billion in new Israeli chip plant: report

U.S. chipmaker Intel plans to spend 40 billion shekels ($10.89 billion) to build a new manufacturing plant in Israel and has asked the Israeli government for a grant amounting to 10 percent of the amount, a local news website reported on Monday.

…read more […]

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Business News

Vale stock plunges after Brazil disaster; $19 billion in market cap erased

January 28, 2019 admin Comments Off on Vale stock plunges after Brazil disaster; $19 billion in market cap erased

Brazilian miner Vale SA’s shares plunged on Monday, wiping out 71.34 billion reais ($18.96 billion) in market value, after a tailing dam collapse on Friday killed scores of people less than four years after a similar disaster.

…read more […]

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Whirlpool full-year profit forecast disappoints, shares fall

January 28, 2019 admin Comments Off on Whirlpool full-year profit forecast disappoints, shares fall

U.S. home appliances maker Whirlpool Corp forecast on Monday full-year profit that missed analysts’ expectations, sending its shares down 5 percent after the bell.

…read more […]

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Wall Street ends lower as Caterpillar, Nvidia warnings weigh

January 28, 2019 admin Comments Off on Wall Street ends lower as Caterpillar, Nvidia warnings weigh

U.S. stocks ended lower on Monday after warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. corporate profits.

…read more […]

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Oil falls 3 percent on rising U.S. production, economic slowdown fears

January 28, 2019 admin Comments Off on Oil falls 3 percent on rising U.S. production, economic slowdown fears

Oil fell about 3 percent on Monday, its biggest one-day percentage drop in a month, after an increase in U.S. crude drilling pointed to further supply growth amid continuing concerns about a global economic slowdown.

…read more […]

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Exclusive: Snapchat weighs what was once unthinkable – permanent snaps

January 28, 2019 admin Comments Off on Exclusive: Snapchat weighs what was once unthinkable – permanent snaps

Snap Inc is considering changes to its Snapchat app, known for disappearing photos and videos, that could make users’ public posts longer lasting or even permanent, people familiar with the matter said.

…read more […]

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Caterpillar stock slides on profit miss, China sales forecast

January 28, 2019 admin Comments Off on Caterpillar stock slides on profit miss, China sales forecast

Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling as much as 10 percent.

…read more […]

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Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA – sources

January 28, 2019 admin Comments Off on Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA – sources

Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 Boeing 737 MAX jetliners to ANA Holdings, two people familiar with the matter said.

…read more […]

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Facebook plans content oversight board, tightens paid ad rules

January 28, 2019 admin Comments Off on Facebook plans content oversight board, tightens paid ad rules

Facebook Inc on Monday laid out plans for an independent content oversight board with the power to overturn company decisions on user posts, aimed at addressing concerns over misinformation and abusive behavior on the platform.

…read more […]

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Caterpillar and Nvidia warnings send Wall Street tumbling

January 28, 2019 admin Comments Off on Caterpillar and Nvidia warnings send Wall Street tumbling

U.S. stocks tumbled on Monday, as warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. corporate profits.

…read more […]

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Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA: sources

January 28, 2019 admin Comments Off on Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA: sources

Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 Boeing 737 MAX jetliners to ANA Holdings, two people familiar with the matter said.

…read more […]

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Shutdown costs pegged at $3 billion as government reopens

January 28, 2019 admin Comments Off on Shutdown costs pegged at $3 billion as government reopens

The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers said on Monday as 800,000 federal employees returned to work after a 35-day unpaid furlough.

…read more […]

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Bombardier resumes deliveries of subway cars to New York City

January 28, 2019 admin Comments Off on Bombardier resumes deliveries of subway cars to New York City

Bombardier said it has resumed delivering subway cars to New York City Transit on Monday, spokesman Eric Prud’Homme said by email, after the agency halted deliveries last week because of performance problems.

…read more […]

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General Electric stock buyers preach patience, eye progress

January 28, 2019 admin Comments Off on General Electric stock buyers preach patience, eye progress

Investors who have scooped up decimated shares of General Electric Co are willing to wait years to reap a solid return but also hope the U.S. conglomerate will show progress in its turnaround plan and avoid more negative surprises.

…read more […]

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