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Business News

L’Oreal adds to Facebook sales push with virtual make-up tests

August 9, 2018 admin Comments Off on L’Oreal adds to Facebook sales push with virtual make-up tests

Maybelline parent L’Oreal is pairing up with Facebook to roll out virtual tests for shoppers to see how they might look with different lipsticks or eye shadows, adding to its push to drive more sales online and through social media networks.

…read more […]

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Business News

U.S. sanctions whack Russia’s rouble, Turkey’s lira free-falls

August 9, 2018 admin Comments Off on U.S. sanctions whack Russia’s rouble, Turkey’s lira free-falls

Alarm bells were ringing on Thursday as harsh new U.S. sanctions drove drove down Russia’s rouble Turkey’s lira plunged as worries mounted that Ankara was sliding towards a full-blown economic crisis.

…read more […]

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Trading Ideas

Why Corning's Glass Is Half Full

August 9, 2018 admin Comments Off on Why Corning's Glass Is Half Full

This glass manufacturer is finally seeing some of its expensive investments begin to pay off. …read more […]

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Business News

Futures edge higher; S&P flirting with record high

August 9, 2018 admin Comments Off on Futures edge higher; S&P flirting with record high

U.S. stock index futures ticked higher on Thursday, with the S&P 500 aiming at a fresh record, as the second-quarter earnings season winds down on a strong note.

…read more […]

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Business News

The ‘Friends’ trend: ’90s fashion revival for back-to-school season

August 9, 2018 admin Comments Off on The ‘Friends’ trend: ’90s fashion revival for back-to-school season

Urban Outfitters Inc , American Eagle Outfitters Inc and other retailers are filling stores with styles from the 1990s in a bet that fanny packs, chunky-soled sneakers and high-waisted “mom jeans” will lift back-to-school sales.

…read more […]

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Business News

Viacom reports revenue below estimates on weak advertising sales

August 9, 2018 admin Comments Off on Viacom reports revenue below estimates on weak advertising sales

Viacom Inc reported quarterly revenue below Wall Street estimates on Thursday, as domestic advertising sales fell and the media company collected lower fees from cable TV operators and online distributors.

…read more […]

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Business News

Mazda, Suzuki, Yamaha Motor apologize for improper vehicle tests

August 9, 2018 admin Comments Off on Mazda, Suzuki, Yamaha Motor apologize for improper vehicle tests

Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co improperly tested vehicles for fuel economy and emissions, the Japanese government said on Thursday, revealing fresh cases of compliance failures by manufacturers.

…read more […]

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Business News

Tribune Media files suit, terminates Sinclair tie-up deal

August 9, 2018 admin Comments Off on Tribune Media files suit, terminates Sinclair tie-up deal

Tribune Media Co terminated its $3.9 billion deal to be acquired by Sinclair Broadcast Group and filed suit, the company said on Thursday, after regulators objected to the acquisition that had received support from U.S. President Donald Trump.

…read more […]

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Business News

Viacom reports 3.7 percent drop in quarterly revenue

August 9, 2018 admin Comments Off on Viacom reports 3.7 percent drop in quarterly revenue

Media company Viacom Inc reported a 3.7 percent fall in quarterly revenue on Thursday due to a drop in domestic advertising sales and fees it collects from cable TV operators.

…read more […]

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Business News

Tribune Media terminates deal to be bought by Sinclair

August 9, 2018 admin Comments Off on Tribune Media terminates deal to be bought by Sinclair

Tribune Media Co has terminated its $3.9 billion deal to be bought by Sinclair Broadcast Group , the company said on Thursday, after regulators objected to the acquisition that had received support from U.S. President Donald Trump.

…read more […]

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Business News

Honda recalls another 69,000 vehicles in China

August 9, 2018 admin Comments Off on Honda recalls another 69,000 vehicles in China

Honda Motor Co. Ltd will recall 69,090 UR-V sport utility vehicles (SUVs) in China, market regulators said on Thursday, a result of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles.

…read more […]

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Business News

WTO outlook indicator shows global trade losing momentum in third quarter

August 9, 2018 admin Comments Off on WTO outlook indicator shows global trade losing momentum in third quarter

Global trade in goods is likely to lose momentum in the third quarter, with growth just above trend, as trade tensions slow export orders and automobile production and sales, the World Trade Organization said on Thursday.

…read more […]

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Business News

Factbox: China tariffs on revised list of $16 billion U.S. goods

August 9, 2018 admin Comments Off on Factbox: China tariffs on revised list of $16 billion U.S. goods

China said on Wednesday that it is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and metals to autos and medical equipment, as the world’s largest economies escalated their trade dispute.

…read more […]

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Business News

Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

August 9, 2018 admin Comments Off on Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

European stock markets struggled on Thursday with trade war worries, Russia’s ruble tumbled after the United States imposed fresh sanctions on the country and Turkey’s lira dropped to a new low.

…read more […]

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Business News

China stock rally steadies nerves, Russian ruble hammered

August 9, 2018 admin Comments Off on China stock rally steadies nerves, Russian ruble hammered

Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia’s ruble tumbled as the United States slapped fresh sanctions on the country.

…read more […]

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