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Business News

U.S. lawmakers worry Hong Kong rules could leak high tech to China

September 10, 2019 admin Comments Off on U.S. lawmakers worry Hong Kong rules could leak high tech to China

Senior U.S. senators asked President Donald Trump’s administration on Tuesday to assess U.S. export controls with regard to Hong Kong, expressing concern China could acquire sensitive technologies because of the city’s special treatment under U.S. law.

…read more […]

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Business News

GE to lose majority control of Baker Hughes with up to $3 billion share sale

September 10, 2019 admin Comments Off on GE to lose majority control of Baker Hughes with up to $3 billion share sale

General Electric Co is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate’s stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday.

…read more […]

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Business News

Baker Hughes says GE’s presence on its board to shrink

September 10, 2019 admin Comments Off on Baker Hughes says GE’s presence on its board to shrink

Baker Hughes said on Tuesday it would repurchase $250 million worth of its stock from General Electric Co and the industrial conglomerate’s presence in the oilfield services company’s board would shrink to one from five.

…read more […]

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Business News

Wall Street mixed as investors flee growth for value

September 10, 2019 admin Comments Off on Wall Street mixed as investors flee growth for value

The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth.

…read more […]

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Bond yields up, stocks flat on shifting ECB views

September 10, 2019 admin Comments Off on Bond yields up, stocks flat on shifting ECB views

Bond yields climbed and a gauge of world stock markets recovered from previous lows to trade flat on Tuesday, as uncertainty grew over the mix of stimulus the European Central Bank will add to boost a slumping economy this week amid fresh signs global growth was slowing.

…read more […]

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Business News

Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney

September 10, 2019 admin Comments Off on Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney

Apple Inc on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix.

…read more […]

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Factbox: Apple’s streaming TV service to cost $4.99/month; unveils new iPhones

September 10, 2019 admin Comments Off on Factbox: Apple’s streaming TV service to cost $4.99/month; unveils new iPhones

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99, and unveiled three iPhone models featuring new camera systems.

…read more […]

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Business News

Apple leans on devices business in global battle against Disney, Netflix

September 10, 2019 admin Comments Off on Apple leans on devices business in global battle against Disney, Netflix

Apple Inc , the company that transformed the music, mobile and personal computing industries, is relying on the ubiquity of its iPhones and iPads to take on Disney and Netflix in the battle for streaming TV customers.

…read more […]

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Business News

Factbox: Apple’s streaming TV service to cost $4.99/month; unveils iPhone 11

September 10, 2019 admin Comments Off on Factbox: Apple’s streaming TV service to cost $4.99/month; unveils iPhone 11

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99, and unveiled one of its new iPhones and iPad as well as updates for its Watch.

…read more […]

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Women gained in income and jobs in 2018, U.S. Census data shows

September 10, 2019 admin Comments Off on Women gained in income and jobs in 2018, U.S. Census data shows

Women are landing more full-time jobs, bringing in bigger paychecks and rising out of poverty, according to U.S. Census data released on Tuesday.

…read more […]

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Business News

Apple reveals triple-camera iPhone, undercuts Disney streaming TV price

September 10, 2019 admin Comments Off on Apple reveals triple-camera iPhone, undercuts Disney streaming TV price

Apple Inc revealed on Tuesday that its streaming TV service will kick off Nov. 1 and cost $4.99 a month and new cameras for the latest iPhones, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.

…read more […]

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Ahead of election year, more Americans lack health insurance, incomes stall

September 10, 2019 admin Comments Off on Ahead of election year, more Americans lack health insurance, incomes stall

The share of Americans without health insurance rose for the first time in a decade last year and U.S. household income hardly budged, according to a government report on Tuesday that laid bare issues that could be central to the U.S. presidential election next year.

…read more […]

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Business News

White House adviser plays down expectations for U.S.-China talks

September 10, 2019 admin Comments Off on White House adviser plays down expectations for U.S.-China talks

A senior White House adviser tamped down expectations on Tuesday for the next rounds of U.S.-China trade talks, urging investors, businesses and the public to be patient about resolving the two-year trade dispute between the world’s two largest economies.

…read more […]

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JPMorgan Chase lowers 2019 outlook for net interest income to $57 billion

September 10, 2019 admin Comments Off on JPMorgan Chase lowers 2019 outlook for net interest income to $57 billion

JPMorgan Chase & Co lowered its outlook for 2019 net interest income by about $500 million on Tuesday, following similar moves by rival big banks Wells Fargo & Co and Citigroup Inc .

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Wall Street dips as weak China data fuels slowdown fears

September 10, 2019 admin Comments Off on Wall Street dips as weak China data fuels slowdown fears

Technology stocks led the Wall Street into the red on Tuesday as recessionary fears, fueled by declining producer prices from China, dampened investor risk appetite.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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