Business News
Wall Street gains as Apple, tech rebound
U.S. stocks rose in afternoon trading on Tuesday after a subdued start, as Apple led a jump in technology shares.
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Business News
Wall Street regulators take multiple actions against cryptocurrency firms
Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in a flurry of activity reflecting efforts to monitor the popular and unregulated asset class.
Business News
Oil rises more than 2 percent as U.S. sanctions on Iran squeeze supply
Oil prices rose more than 2 percent on Tuesday as U.S. sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to increase output.
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Dave & Buster's Stock Has a Lot to Prove on Friday
The high-volume restaurant chain reports fiscal second-quarter results this week, and it needs to live up to its P-L-A-Y ticket symbol. …read more […]
Business News
On NAFTA, Nissan U.S. chief says: ‘We’re heavily American’
Nissan Motor Co Ltd’s North American division chief said on Tuesday that the Japanese automaker is awaiting details of the U.S.-Mexican trade agreement but is confident it can comply with its rules because it assembles around 1 million vehicles annually in the United States.
Business News
Shares gain, with U.S. lifted by tech and energy; trade woes hurt emerging markets
A broad index of world stock markets posted gains for a second straight day, as investors swooned over U.S. technology and energy stocks even as a trade war loomed.
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Here's our best guess for when you'll be able to buy the iPhone XS (AAPL)
Apple is going to launch new iPhones on September 12, including one reportedly set to be called the iPhone XS. Here’s why we think this, based on Apple’s history of iPhone launches. When will you be able to buy Apple’s new iPhones? …read more […]
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Why Pinduoduo Inc. Stock Fell 14% in August
Pinduoduo stock fell amid concerns about fake and counterfeit listings but has climbed following its first-quarter results. …read more […]
Business News
U.S. securities law can cover cryptocurrencies, judge rules
U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue.
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Boeing and Volvo have shut down their factories in South Carolina because of Hurricane Florence (BA)
Hurricane Florence is bearing down on the East Coast of the United States. Boeing and Volvo are both shutting down their factories near Charleston, South Carolina to give employees a chance to evacuate. Boeing South Carolina assembles the Boeing 787 Dreamliner while Volvo’s plant will produce the company’s next-generation S60 sedan. …read more […]
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Why This Chip Giant Lost Some of Apple's Business
Here’s how it’ll win it back. …read more […]
Business News
German ministry seeks data on quicker fighter jet deliveries
The German military has asked potential bidders in a high-stakes competition to replace its aging Tornado fighter jets about accelerating deliveries of new warplanes before an initial target date of 2025, sources familiar with the matter said.
Business News
Tech, energy stocks lift Wall Street
U.S. stocks powered higher on Tuesday, shaking off a subdued start, as Apple led a jump in technology stocks and a rise in oil prices lifted energy companies.
Business News
U.S. to probe India’s Mahindra over Fiat Chrysler Jeep complaint
A U.S. regulator said on Tuesday it would launch an investigation into an off-road utility vehicle produced by Mahindra and Mahindra Ltd following a complaint by Fiat Chrysler Automobiles NV that it infringed upon the intellectual property rights of its Jeep design.
Business News
Canada’s Freeland returns to Washington for NAFTA talks
Canadian Foreign Minister Chrystia Freeland returned to Washington on Tuesday for talks aimed at rescuing the North American Free Trade Agreement as time was running short before an Oct. 1 deadline.