Business News
Wall St. dips as oil slide drags down energy shares
U.S. stocks were slightly lower on Wednesday as a steep fall in crude oil prices hit energy shares, more than offseting gains in technology and bank stocks.
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Business News
Beer drinkers lose U.S. appeal over Anheuser-SABMiller merger
A federal appeals court on Wednesday rejected an antitrust challenge by 23 beer drinkers to Anheuser-Busch InBev SA’s $107 billion purchase in 2016 of SABMiller Plc, which they claimed would thwart competition and raise prices in the U.S. beer market.
Business News
China, Germany defend Iran business ties as U.S. sanctions grip
China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred from the United States.
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Chipotle Outbreak: What’s Behind the Food Borne Illness
Health officials are still unsure. …read more […]
Business News
Tariffs on Chinese goods could batter the U.S. vaping industry
Proposed tariffs on U.S. imports from China of electronic cigarettes, known as vaping products, could not come at a worse time for the industry.
Business News
IKEA strives to keep prices low as it opens first store in India
IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture.
Business News
Factbox: Impact of U.S.-China trade tariffs on U.S. companies
U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States and China.
Business News
American Medical Association opposes merger of CVS and Aetna
The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp’s plan to buy insurance provider Aetna Inc, saying the deal could result in higher prices for prescription medicines.
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Amazon Hiring for Over 200 Work-From-Home Positions
The job postings from Amazon are all for employees that would be able to work from home or work remotely, and not from the company’s own facilities. The following are the different job categories and how many positions are available at Amazon. Solutions Architect — There are 90 jobs available in this category. …read more […]
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Why Shares of CyberArk Popped Today
The cybersecurity company put up solid second-quarter numbers. …read more […]
Business News
A look at Tesla’s nine-member board
Tesla Inc’s board has said it is evaluating taking the electric car maker private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time.
Business News
Oil prices drop on China import data, weighing on equities
Oil prices fell after Chinese import data showed a slowdown in demand, weighing on world equity markets which fell modestly, even as U.S. technology shares extended recent gains.
Business News
IKEA strives to keep prices low as opens first store in India
IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture.
Business News
European stocks falter as pharma sector falls
European shares dipped on Wednesday as poor corporate earnings in the pharmaceutical sector weighed on sentiment already soured by trade tensions, with Washington preparing tariffs on another $16 billion of Chinese goods.
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Pioneer Natural Resources boosts 2018 spending on higher costs, drilling activity
Pioneer Natural Resources will boost its 2018 capital spending budget by roughly $450 million to address rising costs and to increase its drilling and well-completion activities, the company said on Wednesday. Pipeline constraints that are pushing down the price of Permian Basin crude could hamper the increase in service costs as companies opt to delay completing some wells, Dove added. Rival independent oil producer EOG Resources last week said it expected service inflation to rise by five to 10 percent next year. …read more […]