Month: November 2019

Apple Inc has canceled the world premiere of movie “The Banker,” one of its first original films, as it investigates unspecified concerns surrounding the period drama, the company said on Wednesday. “The Banker” was supposed to debut on Thursday in Hollywood at the American Film Institute’s AFI Fest. “We purchased ‘The Banker’ earlier this year as we were moved by the film’s entertaining and educational story about social change and financial literacy,” Apple said in a statement. …read more […]

Ten Mexican citizens have sued Walmart over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do enough to protect its customers, Mexico said on Wednesday. The suspected gunman told police he was targeting “Mexicans” in the August shooting, which killed 22 people in total. …read more […]

Natural gas inventories are remarkably low just ahead of winter season, and despite some large storage injections at the end of summer, declining drilling and rising export volumes make for a tight market …read more […]

(Bloomberg) — Ivanka Trump is expected to raise $2 million for her father’s re-election during a fundraising lunch Thursday in Houston, in a rare appearance on the campaign trail for the first daughter and White House senior adviser.The approximately 80 expected attendees at the event, hosted at a wine storage facility and event space known as Balthazar Cellars, are largely first-time donors to President Donald Trump’s campaign, according to a person familiar with the fundraising effort who requested anonymity to share details.The large haul underscored Ivanka’s unique appeal to GOP donors, and the fundraising gap between the president’s re-election campaign …read more […]

With global stock markets descending into chaos, one asset class continues its steady climb, and investors can’t get enough …read more […]

China’s Alibaba will pay its investment banking syndicate up to $32.3 million for leading its Hong Kong listing which will raise up to $12.9 billion, according to documents filed with U.S. securities regulators. The e-commerce giant employed two co-sponsors, China International Capital Corp (CICC) and Credit Suisse, to head the deal which has been carried out over the past week. The two lead banks were joined by Citigroup Inc, JP Morgan and Morgan Stanley as joint global co-ordinators while HSBC and Industrial and Commercial Bank of China (ICBC) were appointed as junior book runners. …read more […]

Alphabet Inc’s Google will stop giving advertisers the ability to target election ads using data such as public voter records and general political affiliations, the company said in a blog post on Wednesday. The move comes at a time when social media platforms are under pressure over their handling of political advertising ahead of the U.S. presidential election in 2020. Social media giant Facebook Inc has been criticized by lawmakers and regulators over its decision to not fact-check ads run by politicians on its platform, while Twitter has decided to ban political ads. …read more […]