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Business News

Tesla set to ramp up production at Fremont plant: Bloomberg

July 10, 2019 admin Comments Off on Tesla set to ramp up production at Fremont plant: Bloomberg

Tesla Inc is preparing to boost output at its electric car factory in Fremont, California, Bloomberg reported on Tuesday, citing an internal email.

…read more […]

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Business News

Oil rises more than 1% after U.S. stockpile drop; Brent nears $65

July 10, 2019 admin Comments Off on Oil rises more than 1% after U.S. stockpile drop; Brent nears $65

Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply.

…read more […]

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Business News

Asia cautious as everything rides on dovish Powell

July 10, 2019 admin Comments Off on Asia cautious as everything rides on dovish Powell

Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month.

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Business News

China’s vice premier talks with U.S. trade officials: Commerce Ministry

July 10, 2019 admin Comments Off on China’s vice premier talks with U.S. trade officials: Commerce Ministry

Chinese Vice Premier Liu He conducted a phone call with U.S. trade officials, China’s Ministry of Commerce said in a statement Wednesday.

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Business News

Appetizing prospects: Uber founder takes aim at South Korea’s shared kitchen market

July 10, 2019 admin Comments Off on Appetizing prospects: Uber founder takes aim at South Korea’s shared kitchen market

Chef Youm Jung-phil plans to close his restaurant in Seoul’s affluent Gangnam district this month, worn down by the rising cost of labor and rent as well as declines in the number of customers eating in.

…read more […]

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Business News

Lady Gaga to launch beauty line on Amazon as retailer targets cosmetics business

July 10, 2019 admin Comments Off on Lady Gaga to launch beauty line on Amazon as retailer targets cosmetics business

Pop star Lady Gaga on Tuesday announced a line of beauty products exclusively for sale on Amazon in a boost to the online retailer’s cosmetics business.

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Business News

Mexico calls out Louis Vuitton for using traditional pattern

July 10, 2019 admin Comments Off on Mexico calls out Louis Vuitton for using traditional pattern

The Mexican government has questioned Louis Vuitton’s use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.

…read more […]

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Business News

Bombardier to lay off 550 workers at Thunder Bay, Ontario, plant: BNN Bloomberg

July 10, 2019 admin Comments Off on Bombardier to lay off 550 workers at Thunder Bay, Ontario, plant: BNN Bloomberg

Canada’s Bombardier Inc is laying off half the 1,100 workers at its Thunder Bay, Ontario, railway car plant, BNN Bloomberg reported on Tuesday, citing a federal government source.

…read more […]

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Business News

U.S., Chinese negotiators hold ‘constructive’ phone talks on trade

July 10, 2019 admin Comments Off on U.S., Chinese negotiators hold ‘constructive’ phone talks on trade

U.S. and Chinese trade officials held a “constructive” phone conversation on Tuesday, White House economic adviser Larry Kudlow said, marking a new round of talks after the world’s two largest economies agreed to a truce in a year-long trade war.

…read more […]

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Business News

Trade call between U.S., Chinese officials was constructive: White House

July 9, 2019 admin Comments Off on Trade call between U.S., Chinese officials was constructive: White House

U.S. and Chinese trade negotiators held a constructive phone call on Tuesday, White House economic adviser Larry Kudlow said.

…read more […]

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Business News

S&P 500 ekes out gain though profit worries weigh

July 9, 2019 admin Comments Off on S&P 500 ekes out gain though profit worries weigh

The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weakening outlook for earnings.

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Business News

IBM closes $34 billion deal to buy Red Hat to boost cloud business

July 9, 2019 admin Comments Off on IBM closes $34 billion deal to buy Red Hat to boost cloud business

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.

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Business News

Stocks drop as trade dims earnings outlook; Mexican peso tumbles

July 9, 2019 admin Comments Off on Stocks drop as trade dims earnings outlook; Mexican peso tumbles

A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico’s peso tumbled after the country’s finance minister resigned.

…read more […]

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Business News

U.S. to approve sales it deems safe to blacklisted Huawei

July 9, 2019 admin Comments Off on U.S. to approve sales it deems safe to blacklisted Huawei

The U.S. government will issue licenses to companies seeking to sell goods to China’s Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said in a speech on Tuesday, leaving industry observers unsure about which products will pass muster.

…read more […]

CEO Interview

Frelii, Inc. (OTC: FRLI) Developing personalized medicine using DNA big data & AI

July 9, 2019 admin Comments Off on Frelii, Inc. (OTC: FRLI) Developing personalized medicine using DNA big data & AI

                  Frelii, Inc. (OTC: FRLI), interview with CEO Ian Jenkins discussing the company’s personalized medicine technology which uses human DNA gene sequencing and artificial intelligence (AI) to […]

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