Business News
Airbnb’s Belinda Johnson to step down as COO, join board
Airbnb said on Friday Belinda Johnson will step down as chief operating officer in March and join the home rental company’s board.
Month: November 2019
Business News
FCC votes 5-0 to bar China’s Huawei, ZTE from government subsidy program
The U.S. Federal Communications Commission (FCC) voted 5-0 Friday to designate China’s Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services.
Trading Ideas
Macy's may have just signaled a dividend cut
Struggling Macy’s may go into cash preservation mode amid continued sales and profit challenges. …read more […]
Trading Ideas
VirnetX patent win against Apple vacated by U.S. appeals court
In a partial victory for VirnetX, the U.S. Court of Appeals for the Federal Circuit left in place a Texas jury’s finding that Apple iPhones infringed two VirnetX patents relating to secure communications technology. The Texas judge must consider whether to hold a new damages-only trial or to recalculate damages without holding one, the appeals court said. …read more […]
Trading Ideas
John Malone Splashes Out on Discovery Stock
The Liberty Media chairman made a $75 million bet on the company’s success Continue reading… …read more […]
Trading Ideas
Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale
Deutsche Bank has sued two offshore funds that funneled money to Bernard Madoff for 14 years, accusing them of reneging on their agreement to sell more than $1.6 billion of claims in the bankruptcy of the swindler’s firm. According to Deutsche Bank, Kingate wrongfully concluded that the sale was no longer “binding” because too much time had passed and a related agreement had not been signed. …read more […]
Trading Ideas
Elon Musk unveils Tesla’s new Cybertruck
Elon Musk unveiled Tesla’s new Cybertruck at the Los Angeles Auto Show. The Tesla CEO ran several tests at the show to demonstrate the strength of the car’s body and the glass. Yahoo Finance’s Dan Roberts, Heidi Chung, Kristin Myers and Melody Hahm discuss on YFi AM. …read more […]
Business News
Shattered expectations: Design questioned after Tesla truck launch
(Editor’s note: language in paragraph 3 which some readers may find offensive)
Trading Ideas
3 “Strong Buy” Stocks Set for Triple Digit Gains
Which names can step up to the plate and hit the ball right out of the park? We are referring to the stocks that have a long growth runway ahead of them, lining up to deliver a win in the long-run. While these kinds of investments are highly sought after, it doesn’t mean they are easy to find.Luckily, TipRanks’ Stock Screener can help get the job done. The tool enabled us to filter our search by analyst consensus, price target and market cap as well as sort the results by upside potential from the current share price. As a result, …read more […]
Business News
Airbnb COO Belinda Johnson to step down
Airbnb Inc said on Friday Chief Operating Officer Belinda Johnson will step down from the role and join the board of the home rental platform.
Business News
South African Airways inks deal to end eight-day strike
South African Airways (SAA) signed a wage deal with trade unions on Friday to end an eight-day strike that brought the cash-strapped state airline to the brink of collapse.
Trading Ideas
Victoria’s Secret Fashion Show cancelled this year
After more than a two decade run, the Victoria Secret Fashion Show is bidding farewell. Many have been predicting the Fashion Show’s downfall especially as the company continues to receive widespread criticism for its non-inclusive campaigns. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM. …read more […]
Business News
Mediaset plans meeting in hope of breaking deadlock with Vivendi
Italian broadcaster Mediaset will hold a special shareholder meeting to try and reach agreement with Vivendi over its plan to set up a holding company, the Italian firm said on Friday, as the pair head to court to try and resolve their dispute.
Business News
Judge gives Mediaset, Vivendi until Nov. 29 to find accord: sources
An Italian judge has pushed back to Nov. 29 a deadline to settle a dispute between Italian private broadcaster Mediaset and its number 2 shareholder French media group Vivendi , two legal sources said on Friday.
Business News
AstraZeneca shares rise on early U.S. approval for leukemia drug
AstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie .