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  • [ October 9, 2025 ] Hoth Therapeutics (NASDAQ: HOTH) Expands Artificial Intelligence Initiative, Selects NVIDIA AI Enterprise Platform Newsmakers
  • [ October 9, 2025 ] Hoth Therapeutics (NASDAQ: HOTH) CEO Robb Knie to Present at BIO-Europe in Vienna, Austria November 3-5, 2025 Newsmakers
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Home2019January

Month: January 2019

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Business News

OPEC oil output drops on Saudi cut, outages and sanctions

January 31, 2019 admin Comments Off on OPEC oil output drops on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi Arabia and its Gulf allies over-delivered on the group’s supply-cutting pact while Iran, Libya and Venezuela registered involuntary declines.

…read more […]

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Blackstone to take controlling stake in Tallgrass Energy for $3.3 billion

January 31, 2019 admin Comments Off on Blackstone to take controlling stake in Tallgrass Energy for $3.3 billion

U.S. private equity firm Blackstone Group LP said on Thursday it would buy a controlling stake in midstream energy company Tallgrass Energy LP for $3.3 billion.

…read more […]

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Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow

January 31, 2019 admin Comments Off on Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow

The S&P 500 and the Nasdaq opened higher on Thursday on upbeat results from Facebook Inc, extending a rally after the Federal Reserve’s pledge to be patient on further interest rate hikes, while the Dow was held lower by a spate of downbeat earnings reports.

…read more […]

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Explainer: What are India’s new foreign direct investment rules for e-commerce?

January 31, 2019 admin Comments Off on Explainer: What are India’s new foreign direct investment rules for e-commerce?

India late last year modified foreign direct investment (FDI) rules for its burgeoning e-commerce sector that has attracted Walmart Inc and Amazon.com Inc, creating new hurdles for both global retail giants.

…read more […]

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Walmart, Amazon scrambling to comply with India’s new e-commerce rules

January 31, 2019 admin Comments Off on Walmart, Amazon scrambling to comply with India’s new e-commerce rules

Walmart Inc-owned Flipkart and Amazon.com Inc’s Indian unit are rushing to rejig ownership structures and rework some key vendor relationships, as they seek to comply with new Indian e-commerce curbs without disrupting their businesses.

…read more […]

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ConocoPhillips beats profit estimates on higher production, prices

January 31, 2019 admin Comments Off on ConocoPhillips beats profit estimates on higher production, prices

ConocoPhillips beat quarterly profit estimates on Thursday as the world’s largest independent oil producer sold more oil at higher prices, sending its shares up 2 percent before the opening bell.

…read more […]

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Musk not worried about Tesla Model 3 demand, but Wall St. is

January 31, 2019 admin Comments Off on Musk not worried about Tesla Model 3 demand, but Wall St. is

Shares in Tesla Inc fell nearly 4 percent on Thursday as Wall Street analysts following up on its fourth-quarter results questioned underlying demand for its crucial Model 3 sedan and the electric car maker’s ability to make inroads in China.

…read more […]

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Deutsche Bank focused on profit, not Commerzbank tie-up: source

January 31, 2019 admin Comments Off on Deutsche Bank focused on profit, not Commerzbank tie-up: source

Deutsche Bank is focused on achieving sustainable profitability, a source at Germany’s largest bank said on Thursday, seeking to distance the lender from talk of a merger with rival Commerzbank.

…read more […]

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Musk not worried about Tesla Model 3 demand, but Wall Street is

January 31, 2019 admin Comments Off on Musk not worried about Tesla Model 3 demand, but Wall Street is

Shares in Tesla Inc fell nearly 4 percent on Thursday as Wall Street analysts following up on its fourth-quarter results questioned underlying demand for its crucial Model 3 sedan and the electric car maker’s ability to make inroads in China.

…read more […]

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U.S. weekly jobless claims jump to near one-and-a-half year high

January 31, 2019 admin Comments Off on U.S. weekly jobless claims jump to near one-and-a-half year high

The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which could raise concerns that the labor market is slowing.

…read more […]

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Facebook shares rise as products back in focus after strong fourth quarter

January 31, 2019 admin Comments Off on Facebook shares rise as products back in focus after strong fourth quarter

After 18 months of distraction defending itself over privacy and its role as a platform for electoral manipulation, Facebook Inc is focusing squarely on products after its strong fourth-quarter results won back investors, who sent its shares up nearly 12 percent on Thursday.

…read more […]

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Raytheon’s mixed quarter and modest forecast hurt shares

January 31, 2019 admin Comments Off on Raytheon’s mixed quarter and modest forecast hurt shares

Tomahawk missile maker Raytheon Co reported an 8.5 percent rise in fourth-quarter revenue on Thursday, but the lower than expected number along with a conservative 2019 profit and revenue forecast sent shares down.

…read more […]

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Sprint loses fewer phone subscribers and beats on revenue

January 31, 2019 admin Comments Off on Sprint loses fewer phone subscribers and beats on revenue

Sprint Corp on Thursday reported fewer-than-expected losses for phone subscribers who pay a monthly bill on a net basis and beat quarterly revenue estimates, as the U.S. wireless carrier has focused on improving profitability.

…read more […]

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Trump says U.S.-China trade talks ‘going well’ but wants to see Xi

January 31, 2019 admin Comments Off on Trump says U.S.-China trade talks ‘going well’ but wants to see Xi

U.S. President Donald Trump was upbeat on Thursday about high-level trade talks with Chinese officials in Washington but said no final deal would be made until he meets with Chinese President Xi Jingping.

…read more […]

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UBS bets on investment banking, wealth tie-up in bid for growth

January 31, 2019 admin Comments Off on UBS bets on investment banking, wealth tie-up in bid for growth

UBS, the world’s biggest wealth manager, has appointed corporate banking veteran Christian Rosset to lead a new wealth management team tasked with strengthening corporate offerings for entrepreneur clients, the bank told employees this week.

…read more […]

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