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Home2019April

Month: April 2019

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Business News

Facebook removes exposed user records stored on Amazon’s servers

April 3, 2019 admin Comments Off on Facebook removes exposed user records stored on Amazon’s servers

Facebook Inc said on Wednesday it had taken down the data bases containing its user data from Amazon.com Inc’s cloud servers after a report from cybersecurity firm UpGuard pointed to millions of exposed records.

…read more […]

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Business News

Trump orders crackdown on counterfeit sales online

April 3, 2019 admin Comments Off on Trump orders crackdown on counterfeit sales online

President Donald Trump on Wednesday ordered a crackdown on counterfeit products on third-party online marketplaces, asking for more information on how the United States can better track and curb such sales.

…read more […]

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Stocks up on hopes for U.S.-China trade, soft Brexit

April 3, 2019 admin Comments Off on Stocks up on hopes for U.S.-China trade, soft Brexit

World stocks climbed for a fifth session on Wednesday on optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.

…read more […]

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Business News

Boeing’s new 737 MAX flight control system ‘seems foolproof’: Norwegian CEO

April 3, 2019 admin Comments Off on Boeing’s new 737 MAX flight control system ‘seems foolproof’: Norwegian CEO

Boeing’s new MCAS flight control system for its 737 MAX aircraft appears foolproof, Norwegian Air Chief Executive Bjoern Kjos said on Wednesday after visiting the plane maker in Seattle.

…read more […]

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Business News

White House’s Kudlow says U.S.-China talks making progress, could extend

April 3, 2019 admin Comments Off on White House’s Kudlow says U.S.-China talks making progress, could extend

Trade talks between the United States and China made “good headway” last week in Beijing and the two sides aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said.

…read more […]

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Oil eases on U.S. crude stock build but holds near five-month high

April 3, 2019 admin Comments Off on Oil eases on U.S. crude stock build but holds near five-month high

Oil prices edged down on Wednesday after U.S. government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook.

…read more […]

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Rising trade hopes boost Wall Street, send chip stocks soaring

April 3, 2019 admin Comments Off on Rising trade hopes boost Wall Street, send chip stocks soaring

U.S. stocks edged higher on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing boosted investor sentiment.

…read more […]

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Carl Icahn sold Lyft stake prior to IPO: WSJ

April 3, 2019 admin Comments Off on Carl Icahn sold Lyft stake prior to IPO: WSJ

Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company’s initial public offering, the Wall Street Journal reported, citing sources.

…read more […]

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Ethiopia to issue first Boeing investigation report

April 3, 2019 admin Comments Off on Ethiopia to issue first Boeing investigation report

Investigators will release a keenly awaited report on the deadly crash of an Ethiopian Airlines jet on Thursday, Ethiopia’s transport ministry said, giving the first official clues to the second crash of a new Boeing 737 MAX in five months.

…read more […]

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Junk bonds suggest U.S. stocks may have further to run

April 3, 2019 admin Comments Off on Junk bonds suggest U.S. stocks may have further to run

U.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone’s throw of a record high.

…read more […]

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Hopes for U.S.-China trade, soft Brexit boost shares

April 3, 2019 admin Comments Off on Hopes for U.S.-China trade, soft Brexit boost shares

World stocks rose for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.

…read more […]

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Business News

Millions of Facebook records found on Amazon cloud servers: UpGuard

April 3, 2019 admin Comments Off on Millions of Facebook records found on Amazon cloud servers: UpGuard

Millions of Facebook Inc’s user records were inadvertently posted on Amazon.com Inc’s cloud computing servers in plain sight, researchers at cybersecurity firm UpGuard reported on Wednesday.

…read more […]

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Business News

Shorts line up for a Lyft ride despite surge pricing

April 3, 2019 admin Comments Off on Shorts line up for a Lyft ride despite surge pricing

Lyft Inc shares had seen strong demand among short sellers on Tuesday even as borrowing fees surpassed that of other U.S. equities as investors rushed to bet against the loss-making ride hailing service, which has warned it may never be profitable.

…read more […]

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First report on Boeing crash that killed 157 in Ethiopia due Thursday: source

April 3, 2019 admin Comments Off on First report on Boeing crash that killed 157 in Ethiopia due Thursday: source

Ethiopian authorities will deliver their first report on the crash of Ethiopian Airlines flight 302 on Thursday at 10:30 a.m. local time (0730 GMT), a source told Reuters.

…read more […]

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Chip index at record, boosts Wall Street as trade hopes build

April 3, 2019 admin Comments Off on Chip index at record, boosts Wall Street as trade hopes build

U.S. stocks rose on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing and bullish reports lifted the semiconductor index to a record high.

…read more […]

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