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Home2019April

Month: April 2019

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Business News

Facebook spends $22.6 million to keep Mark Zuckerberg safe

April 13, 2019 admin Comments Off on Facebook spends $22.6 million to keep Mark Zuckerberg safe

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a regulatory filing showed on Friday.

…read more […]

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Business News

FDA pulls up Walmart, Kroger, others for selling tobacco to minors

April 13, 2019 admin Comments Off on FDA pulls up Walmart, Kroger, others for selling tobacco to minors

The U.S. Food and Drug Administration (FDA) said on Friday it has sent letters to Walmart Inc, Kroger Co and 10 other convenience store chains for selling tobacco products to minors.

…read more […]

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Business News

Facebook more than doubles Zuckerberg compensation to $22.6 million

April 13, 2019 admin Comments Off on Facebook more than doubles Zuckerberg compensation to $22.6 million

Facebook Inc Chief Executive Officer Mark Zuckerberg’s compensation for 2018 more than doubled to $22.6 million, a regulatory filing showed on Friday.

…read more […]

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Business News

Chevron’s Anadarko deal to pressure U.S. shale producers to explore sales

April 13, 2019 admin Comments Off on Chevron’s Anadarko deal to pressure U.S. shale producers to explore sales

By David French, Jessica Resnick-Ault and Devika Krishna Kumar

…read more […]

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Business News

Mexican, U.S. business leaders unite to rebuke ‘disastrous’ Trump border closure threats

April 13, 2019 admin Comments Off on Mexican, U.S. business leaders unite to rebuke ‘disastrous’ Trump border closure threats

Mexican and U.S. business leaders on Friday pushed back against President Donald Trump’s threats to close the U.S.-Mexico border and urged him to drop steel tariffs that have hindered the ratification of a trade deal brokered last year.

…read more […]

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Business News

California governor proposes fund to pay for wildfire liabilities; PG&E shares rise

April 12, 2019 admin Comments Off on California governor proposes fund to pay for wildfire liabilities; PG&E shares rise

California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities, while holding the state’s largest utility more accountable for the growing number of blazes in the state.

…read more […]

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Business News

U.S. Senator Warner eyes social media bills for hate speech, data portability

April 12, 2019 admin Comments Off on U.S. Senator Warner eyes social media bills for hate speech, data portability

U.S. Senator Mark Warner, who co-sponsored legislation this week to ban deceptive practices by social media companies, said on Thursday he was eyeing additional bills aimed at limiting hate speech and allowing users to move their data across platforms.

…read more […]

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Business News

Zuckerberg compensation more than doubles with $22.6 million Facebook paycheck

April 12, 2019 admin Comments Off on Zuckerberg compensation more than doubles with $22.6 million Facebook paycheck

Facebook Inc Chief Executive Officer Mark Zuckerberg’s compensation for 2018 more than doubled to $22.6 million, a regulatory filing showed on Friday.

…read more […]

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Business News

Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death

April 12, 2019 admin Comments Off on Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death

U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than 30 infant deaths.

…read more […]

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Business News

S&P 500 closes near record high as earnings season begins in earnest

April 12, 2019 admin Comments Off on S&P 500 closes near record high as earnings season begins in earnest

U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street’s big rally back from last year’s slump.

…read more […]

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Business News

Oil rises 1 percent on tightening crude supply, upbeat economic data

April 12, 2019 admin Comments Off on Oil rises 1 percent on tightening crude supply, upbeat economic data

Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.

…read more […]

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Wall Street gains, as JPMorgan surges after earnings

April 12, 2019 admin Comments Off on Wall Street gains, as JPMorgan surges after earnings

U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would curb Wall Street’s big rally back from last year’s slump.

…read more […]

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Business News

FAA meets with U.S. airlines, pilot unions on Boeing 737 MAX

April 12, 2019 admin Comments Off on FAA meets with U.S. airlines, pilot unions on Boeing 737 MAX

The Federal Aviation Administration met for three hours on Friday with representatives from the three major U.S. airlines that fly now grounded Boeing 737 MAX airplanes and their pilots’ unions to discuss two fatal crashes and the path forward.

…read more […]

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Business News

Chevron CEO proves dealmaker with $33 billion offer for Anadarko

April 12, 2019 admin Comments Off on Chevron CEO proves dealmaker with $33 billion offer for Anadarko

Chevron Corp’s proposed $33-billion deal for Anadarko Petroleum vaults the company into top ranks of the world’s biggest oil companies and cements its chief executive, Mike Wirth, as a dealmaker.

…read more […]

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Business News

China data, JPMorgan results boost stocks, riskier assets

April 12, 2019 admin Comments Off on China data, JPMorgan results boost stocks, riskier assets

Global stocks rose on Friday after JP Morgan’s results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China’s economy also helped riskier assets amid talk that the growth outlook worldwide is better than thought.

…read more […]

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