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Home2019January

Month: January 2019

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Business News

Fed policymakers leave little doubt: Rate hikes can wait

January 19, 2019 admin Comments Off on Fed policymakers leave little doubt: Rate hikes can wait

“Patience” is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank’s first policy meeting of the new year, as officials leave little doubt they want to stop raising interest rates – at least for a while.

…read more […]

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Luxury online reseller The RealReal in talks with banks for IPO: sources

January 19, 2019 admin Comments Off on Luxury online reseller The RealReal in talks with banks for IPO: sources

U.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar with the matter said on Friday.

…read more […]

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Business News

Stocks rally on trade hopes, dollar has first weekly gain of 2019

January 19, 2019 admin Comments Off on Stocks rally on trade hopes, dollar has first weekly gain of 2019

World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict.

…read more […]

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FedEx to take up to $575 million charge as it offers voluntary buyouts

January 18, 2019 admin Comments Off on FedEx to take up to $575 million charge as it offers voluntary buyouts

FedEx Corp said on Friday it began offering voluntary cash buyouts to certain U.S-based employees in a bid to reduce costs.

…read more […]

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Morgan Stanley CEO James Gorman pay rises 7 percent to $29 million: filings

January 18, 2019 admin Comments Off on Morgan Stanley CEO James Gorman pay rises 7 percent to $29 million: filings

Morgan Stanley Chief Executive James Gorman’s overall pay rose 7 percent to $29 million last year during a period that saw the firm’s net revenues rise 5 percent to $40.1 billion, according to bank filings released on Friday.

…read more […]

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Exclusive: U.S. demands regular review of China trade reform

January 18, 2019 admin Comments Off on Exclusive: U.S. demands regular review of China trade reform

The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.

…read more […]

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Explainer: How U.S.-China talks differ from any other trade deal

January 18, 2019 admin Comments Off on Explainer: How U.S.-China talks differ from any other trade deal

The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact.

…read more […]

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Wall Street rises over 1 pecent, posts fourth straight week of gains

January 18, 2019 admin Comments Off on Wall Street rises over 1 pecent, posts fourth straight week of gains

U.S. stocks rose on Friday, helping Wall Street’s major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.

…read more […]

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U.S. regulators discuss fining Facebook for privacy violations: report

January 18, 2019 admin Comments Off on U.S. regulators discuss fining Facebook for privacy violations: report

U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

…read more […]

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Avianca Brasil’s legal fight with plane leasing firms escalates

January 18, 2019 admin Comments Off on Avianca Brasil’s legal fight with plane leasing firms escalates

Avianca Brasil’s battle with its aircraft leasing firms intensified on Friday after Brazil’s aviation regulator said it would no longer ground 10 of the struggling carrier’s planes and another lessor renewed its effort to repossess 10 others.

…read more […]

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Wall Street extends rally on U.S.-China trade optimism

January 18, 2019 admin Comments Off on Wall Street extends rally on U.S.-China trade optimism

U.S. stocks rose on Friday as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.

…read more […]

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Apple ordered to pull part of press release in Qualcomm case

January 18, 2019 admin Comments Off on Apple ordered to pull part of press release in Qualcomm case

Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed.

…read more […]

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U.S. consumer sentiment at two-year low, manufacturing rebounds

January 18, 2019 admin Comments Off on U.S. consumer sentiment at two-year low, manufacturing rebounds

U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth.

…read more […]

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U.S. regulators discuss imposing fine against Facebook: Washington Post

January 18, 2019 admin Comments Off on U.S. regulators discuss imposing fine against Facebook: Washington Post

U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

…read more […]

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Facebook sheds gains after report on potential major fine

January 18, 2019 admin Comments Off on Facebook sheds gains after report on potential major fine

** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations

…read more […]

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