Oil prices fell to their lowest level since December 2018 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.
China appears to be fighting an increasingly uphill battle to contain the coronavirus outbreak as new deaths and infections continue to climb — prompting an ominous warning from the World Health Organization. …read more […]
The 92nd Academy Awards had quite a few surprises with Netflix disappointing after the streaming platform scored only two wins despite its 24 nominations. Yahoo Finance’s Alexandra Canal breaks it down. Zack Guzman & Brian Cheung, along with Clearnomics Founder & CEO James Liu join in on the conversation. …read more […]
Austrian sensor specialist AMS made clear on Monday that it aims to secure a so-called domination agreement with Osram to allow it to use the lighting group’s cash flow to pay back debt.
French carmaker Renault will grant its new chief executive, Luca de Meo, a pay package of around 5.8 million euros ($6.33 million), which is an increase of nearly 57 percent of what his predecessor was awarded last year.
President Donald Trump’s $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs.
Wall Street gained ground and the Nasdaq reached a new record on Monday as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was extended due to the deadly coronavirus outbreak.
New data obtained by Yahoo Finance show Nevada, Wisconsin and Michigan are suffering the worst damage from Trump’s protectionist trade policy. Other key states are hurting too. …read more […]
It’s been a pretty great week for Twitter, Inc. (NYSE:TWTR) shareholders, with its shares surging 14% to US$37.03 in… …read more […]
Aurora Cannabis (ACB) announced it was going to cut 500 jobs, with 25 percent of them being corporate positions, while taking impairment charges of about $752.79 million. It also announced CEO Terry Booth would be stepping down from his position, with executive chairman Michael Singer taking over leadership of the company until a new CEO is found.In this article we’ll look at what Booth stepping down could mean for the strategy of the company going forward.Long-Term Position on Cash InfusionThe position of Aurora Cannabis for some time has been to resist the idea of getting a huge cash infusion from …read more […]
Deutsche Bank said on Monday it would issue at least $1 billion in Additional Tier 1 (AT1) securities as the bank manages its regulatory capital requirements.
(Bloomberg) — The Department of Justice announced charges Monday against four members of China’s People’s Liberation Army for the 2017 hack of Equifax Inc., a breach that exposed the personal information of about 145 million Americans.The announcement by Attorney General William Barr follows an indictment in Atlanta accusing the Chinese military personnel of conspiring with each other to hack into Equifax’s network and stealing sensitive data on nearly half of all U.S. citizens.“This was a deliberate and sweeping intrusion into the private information of the American people,” Barr said in a statement. “Today, we hold PLA hackers accountable for their …read more […]
Tyson Foods, Inc. (NYSE:TSN) just released its latest quarterly report and things are not looking great. Results look… …read more […]
A U.S. appeals court on Monday denied a request by Apple Inc that it reconsider a decision upholding a finding Apple iPhones infringed VirnetX Holding Corp patents relating to secure communications technology.
Democratic Presidential hopeful Mike Bloomberg is the only candidate who beats President Trump in a new poll of small business owners. …read more […]
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