Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmed late on Wednesday.
(Bloomberg) — Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is in exclusive talks to acquire Marathon Petroleum Corp.’s Speedway gas stations for about $22 billion, according to people familiar with the matter.The 7-Eleven owner is lining up financing for the potential transaction, which could be announced as soon as next week, said the people, who asked not to be identified as the deliberations are private. No final decision has been made and discussions could fall through, they said.Representatives for Marathon Petroleum and Seven & i declined to comment. Shares of Seven & i erased gains in …read more […]
Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak.
Asian stocks edged up on Thursday, supported by a fall in coronavirus cases and expectations of more Chinese stimulus to offset the economic impact of the epidemic, while the Japanese yen nursed heavy losses after suffering its steepest drop in six months.
Rock-bottom corporate bond yields, high levels of business debt and one of the fastest expansions of stock market valuations on record are worrying some Federal Reserve officials who fret such financial imbalances could aggravate any negative shocks to the U.S. economy.
A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas.
Germany’s Fresenius Medical Care on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America.
Update on the guru’s biggest trades for the fourth quarter Continue reading… …read more […]
The mass exodus has begun. A new study from career site Zippia found that New York and New Jersey are losing more residents than any other states. New York is number one with the state losing over 300,000 residents from 2017 to 2018. New Yorkers left the big city in favor of states like New Jersey, Pennsylvania, Florida, and Connecticut. New Jersey came in second place with the state losing 97,124 residents, fleeing for places like Florida, North Carolina and California. …read more […]
In the seven months since Cathy Engelbert has been WNBA Commissioner, the late Kobe Bryant has been the only current or former NBA player to come see her. …read more […]
Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed.
The S&P 500 and Nasdaq rose to record closing highs on Wednesday as optimism that China would take more measures to prop up its economy eased concerns about the economic impact of the coronavirus epidemic.
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