Business News
SpaceX to lay off 10 percent of workforce
Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday.
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Trading Ideas
Take These 6 Urgent Steps to Avoid “Negative Wealth Shock”
Most of us take practical steps to maintain good health.
We promise to eat less sugar, fewer refined carbs, and more leafy greens and antioxidant-filled fruits.
We resist binge-watching that new Netflix series to spend time outside or in the gym.
We try to stop smoking, use alcohol in moderation (or not at all) and put on sunscreen before we head to the beach.
But if you truly want to protect your health, there’s something else you need to do: Turn down the risk in your portfolio.
According to a study in the Journal of the American Medical Association (JAMA), losing a significant percentage of …read more […]
Business News
OPEC is not the enemy of the U.S., UAE energy minister says
Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
Business News
India’s online sellers to appeal against competition commission’s Flipkart ruling
A group representing online sellers in India will appeal against the Competition Commision of India’s (CCI’s) ruling in favour of Walmart-owned Flipkart, the group’s lawyer Chanakya Basa said in a release on Saturday.
Business News
China’s premier says tax cuts support employment, economic stability
China’s plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country’s tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday.
Business News
OPEC is not the enemy of the U.S., UAE minister says
The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
Business News
China’s tax cuts linked to employment, economic stability: premier
China’s tax cuts for smaller companies are mainly intended to support employment and ensure economic stability, Premier Li Keqiang was quoted as saying.
Business News
Nissan top executive Munoz resigns amid broadened Ghosn probe
One of Nissan Motor Co’s top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct.
Business News
OPEC is not the enemy of the US, UAE minister says
The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
Business News
Nissan top exec Munoz resigns amid broadened Ghosn probe
One of Nissan Motor Co’s top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct.
Business News
Pemex’s New York roadshow spooks investors, yields spike
Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said.
Business News
SpaceX to layoff 10 percent of workforce
Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday.
Business News
Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO
Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the market, Qualcomm’s chief executive testified on Friday.
Business News
SpaceX to lay off about 10 percent of its workforce: source
Elon Musk’s SpaceX will lay off about 10 percent of its more than 6,000 employees, a source familiar with the matter said on Friday.
Business News
Slashed profit expectations may set stage for gains
There could well be a silver lining in all the caution around the stock market as the earnings season approaches: Shares do way better when profit expectations have fallen, and lately, they’ve been falling like a rock.