Business News
MSCI CEO says limiting capital flows to China would be ‘devastating’
Restricting the flow of U.S. capital to China would have a “devastating” impact on global markets, the head of index provider MSCI Inc told CNBC on Friday.
Articles by admin
Business News
Mexico expects U.S. Congress to start formal trade deal approval soon
Mexico expects U.S. lawmakers to soon begin the process of approving a new trade deal between the two countries and Canada now that President Andres Manuel Lopez Obrador has promised wage increases and funding for labor reforms, a senior Mexican official said on Friday.
Business News
United Airlines’ plans to sunset 757s depends on 737 MAX timing: COO
United Airlines wants to sunset older Boeing Co 757s “as soon as possible” but the timing will depend on when the Boeing 737 MAX starts flying again, Chief Operating Officer Andrew Nocella told journalists on Friday.
Business News
Micron launches new storage drives to challenge Intel in data centers
(The October 24 story corrects to reflect that Micron’s new devices are solid-state drives rather than hard drives with spinning disks.)
Trading Ideas
Twitter's Dorsey takes jab at Zuckerberg comments
Twitter founder Jack Dorsey is calling out Mark Zuckerberg. Zuckerberg last week defended Facebook’s decision not to ban political ads – in the name of free speech. But Dorsey said in an interview yeseterday that Facebook’s paid-for promoted posts are a ‘major gap and flaw’ in that argument. He also called out Zuckerberg for claiming in the speech that Facebook was created in response to the Iraq war. Yahoo Finance’s Julie Hyman discusses with the panel. …read more […]
Trading Ideas
Yamana Gold Improves Its Financial Flexibility in 3rd Quarter
Free cash flow increases more than 100% and net debt declines by almost 50% Continue reading… …read more […]
Business News
S&P 500 rises above record closing high on U.S.-China trade progress
The S&P 500 on Friday rose above its record closing high after Washington said it was close to finalizing parts of a trade pact with Beijing.
Business News
Exclusive: Qatar pushes for Deutsche Bank chairman to go – sources
Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.
Business News
Richemont teams up with designer Alber Elbaz for fashion venture
Richemont said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups are vying to make star hires.
Business News
Exclusive: Qatar pushes for Deutsche Bank chairman to go – sources
Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.
Trading Ideas
Are Insiders Buying Sarepta Therapeutics, Inc. (NASDAQ:SRPT) Stock?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we’d be… …read more […]
Trading Ideas
Amazon is in investment mode, seeing returns on those investments: Analyst
Anthony Chukumba, Loop Capital Research Analyst, joins Yahoo Finance’s Julie Hyman, Brian Cheung and Pras Subramanian. …read more […]
Trading Ideas
Will Robinhood IPO in 2019?
A Robinhood IPO has been in the rumor mill for more than a year.
The first indication that Robinhood would go public came when it brought on long-time Amazon executive Jason Warnick to be its CFO. That was a year ago, and today Robinhood remains a private company.
However, Robinhood has not been opaque about its plans for an initial public offering. One of the company’s co-CEOs, Baiju Bhatt, said last year that an IPO is “something we think is very much in the future. Being a public company closely aligns with our mission.”
So, what exactly is Robinhood’s mission?
Robinhood’s Mission
When Warnick was …read more […]
Business News
Oil prices steady, heads for strong weekly gain
Oil prices were steady on Friday but were on track for the strongest weekly gains in more than a month as support from falling U.S. crude inventories, optimism over a U.S.-China trade deal and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns.
Business News
U.S., China ‘close to finalizing’ parts of Phase 1 trade pact: USTR
U.S. and Chinese trade officials are “close to finalizing” some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office said, adding that deputy-level talks would proceed “continuously.”