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.
Articles by admin
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.
Trading Ideas
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 […]
Trading Ideas
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.
Trading Ideas
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 […]
Business News
China to slap additional tariffs on $16 billion of U.S. goods
China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world’s largest economies escalated their trade dispute.
Business News
Impact of trade tariffs on European companies
Some European companies are rethinking their strategies to cushion the impact of trade tensions between the world’s two biggest economies, the United States and China.
Business News
Wall St. slips as energy shares drag
U.S. stocks were slightly lower on Wednesday as a drop in crude oil prices pressured energy shares, offsetting gains in technology and bank stocks.
Trading Ideas
Elon Musk's Tesla tweet brings the 'Reed Hastings rule' into play
The question of whether Elon Musk broke any rules with his Tesla tweet might hinge on a little-understood 2013 SEC rule. …read more […]