Asian shares and edged lower and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings.
In a TikTok video with the hashtag #awesomekiss, viral teen star Charli D’Amelio uses an eos Products lipbalm before kissing the screen and transforming into a dancing, costumed Santa in an ad for her 12 million followers.
The last 10 years have seen a boom in the use of satellite imagery for reporting, led by a growth in commercial satellites that has slashed the cost of such images, and advances in technology that have made high-resolution images from many parts of the world accessible, almost instantly, even on a phone. U.S. satellite imagery company Maxar Technologies Inc has released satellite images from some of the biggest news events of the past decade – from natural disasters to war to the construction of Apple’s “Spaceship” headquarters in Cupertino, California. …read more […]
Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some cases neared 2,000%, despite warnings that they are not suitable for most investors.
Activist investors who are shaking up Corporate America with calls for operational fixes, refreshed boards and even sales of a company are delivering their best returns in six years with double-digit gains for 2019 after big losses in 2018. The surge in returns is energizing experienced corporate agitators as well as newcomers and may force more companies into costly battles with shareholders over their corporate future next year, managers, lawyers and bankers said. Through the end of November, activist managers on average returned 13.09%, according to data from Hedge Fund Research, which tracks various investment strategies’ returns. …read more […]
Activist investors who are shaking up Corporate America with calls for operational fixes, refreshed boards and even sales of a company are delivering their best returns in six years with double-digit gains for 2019 after big losses in 2018.
Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform’s head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns.
(Bloomberg) — Oil traded above $60 a barrel ahead of U.S. government data forecast to show crude stockpiles shrank, while Iraq trimmed output as Saudi Arabia applied pressure on nations to better comply with cuts.Futures were steady in New York after adding 0.1% on Monday. American crude stockpiles fell by 1.7 million barrels last week, according to a Bloomberg survey before Energy Information Administration data on Friday. U.S. industry figures are due later Tuesday. Iraq pared output by 110,000 barrels a day in December, according to Petro-Logistics SA.Oil has rallied about 10% this month after the U.S. and China made …read more […]
(Bloomberg) — China’s ByteDance Inc. created one of the country’s rare global hits with the addictive video app TikTok. Now the U.S. government is threatening that success as officials in Washington warn the service presents a security threat.The Beijing-based company, led by Chief Executive Officer Yiming Zhang, is weighing a range of options to address those concerns, according to people familiar with the matter. Advisors are pitching everything from an aggressive legal defense and operational separation for TikTok to sale of a majority stake, said the people, asking not to be named because the discussions are private. Selling more than …read more […]
(Bloomberg) — China’s ByteDance Inc. created one of the country’s rare global hits with the addictive video app TikTok. Now the U.S. government is threatening that success as officials in Washington warn the service presents a security threat.The Beijing-based company, led by Chief Executive Officer Yiming Zhang, is weighing a range of options to address those concerns, according to people familiar with the matter. Advisors are pitching everything from an aggressive legal defense and operational separation for TikTok to sale of a majority stake, said the people, asking not to be named because the discussions are private. Selling more than …read more […]
Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings.
(Bloomberg) — Boeing Co. has disclosed a new batch of internal messages related to the 737 Max program to federal regulators.The documents were turned over to the Federal Aviation Administration on Monday, the agency said in a statement. The disclosure came on the same day that Boeing ousted its chief executive officer.This was the second time that Boeing has delayed turning over to the FAA sensitive messages related to the development of the 737 Max jetliner, which was grounded in March after a design flaw was linked to two fatal crashes, in Indonesia and Ethiopia. The earlier episode prompted a …read more […]
Newly named Chief Executive David Calhoun, 62, was made Boeing’s chairman two months ago, in the midst of the crisis that has rocked the company since two fatal crashes led to the grounding of its 737 MAX. Calhoun became chairman of the Caterpillar Inc board shortly after federal agents raided its headquarters in March 2017, headed a General Electric division that included airplane engines after the Sept. 11 attacks, and led media research company Nielsen’s effort to go public. “Having seen him run GE’s aviation business after 9/11, I know he can execute under pressure,” former GE Chief …read more […]
Oil prices edged higher on Tuesday after Russia’s energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.
Oil prices edged higher on Tuesday after Russia’s energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories. U.S. West Texas Intermediate was 4 cents higher at $60.56 a barrel. OPEC, Russia and other producers which have linked up to curtail production and support prices will continue their cooperation as long as it is “effective and brings results,” Novak said in an interview on Monday. …read more […]
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