Trading Ideas
Facebook confirms that it's acquiring Bloomsbury AI
Facebook announced this morning that the London-based team at Bloomsbury AI …read more […]
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Trading Ideas
Google Cloud's COO departs after 7 months
At the end of last November, Google announced that Diane Bryant, who at the …read more […]
Business News
Ex-Intel executive departs Google as chipmaker searches for CEO
(Reuters) – Diane Bryant, a former Intel Corp executive who headed the chipmaker’s data center unit, is leaving Alphabet Inc’s cloud computing unit less than a year after joining and just as her old employer searches for a new chief executive.
Business News
Big food firms Nestle, Hershey at odds with farmers over U.S. GMO labeling
NEW YORK (Reuters) – The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over plans to label genetically-engineered ingredients.
Business News
After Harley spat, Trump seeks to lure other motorcycle firms to U.S.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday his administration is working to bring other motorcycle companies to the United States, following Harley-Davidson Inc’s decision to shift some production for European customers overseas.
Trading Ideas
Google Says Cloud Computing Executive Diane Bryant Leaves
Google said cloud-computing executive Diane Bryant has left, less than a year after joining the internet giant. “We are grateful for the contributions she made while at Google and we wish her the best in her next pursuit,” a Google spokesman wrote in an email. Bryant didn’t immediately respond to a request for comment on Tuesday. …read more […]
Trading Ideas
To Spite Harley, Trump May Have to Turn to Japanese Bike Makers
President Donald Trump added fuel to his feud with Harley-Davidson Inc. by claiming he’s working with other motorcycle makers to offset the production it’s shifting overseas. “Now that Harley-Davidson is moving part of its operation out of the U.S., my Administration is working with other Motor Cycle companies who want to move into the U.S.” Trump tweeted Tuesday. “Harley customers are not happy with their move — sales are down 7% in 2017. …read more […]
Business News
Wall Street gains with energy stocks, Facebook weighs
(Reuters) – U.S. stocks rose on Tuesday, when markets close early ahead of the July 4 holiday, boosted by energy stocks, but gains were capped by a drop in technology stocks, with Facebook sliding on renewed concerns over its data scandal.
Trading Ideas
PayPal sells its consumer credit portfolio to Synchrony for $7 billion
In November 2017, PayPal announced it had agreed to sell $5.8 billion in …read more […]
Business News
U.S. wooing other motorcycle firms amid Harley spat, Trump says
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday his administration is working to lure other motorcycle companies to the United States, following Harley-Davidson Inc’s decision to shift some production for European customers overseas.
Trading Ideas
Trump courting other motorcycle companies after Harley
President Donald Trump says the administration is courting motorcycle companies that want to move to the U.S. after Harley-Davidson said it’s moving some assembly overseas. Harley-Davidson drew Trump’s wrath last week after the manufacturer announced it’s moving production of motorcycles sold in Europe to facilities outside the U.S. The company blamed the decision on tariffs imposed by the European Union to retaliate for tariffs Trump imposed on a host of EU products. Trump says Tuesday on Twitter that Harley-Davidson customers aren’t happy with the Milwaukee-based company’s announcement. …read more […]
Business News
Top U.S. automakers report higher vehicle sales in June
(Reuters) – Top U.S. automakers reported an increase in June sales, as consumers continued to lap up sport utility vehicles in larger numbers amid rising tensions between the United States and its trade partners.
Business News
New 3M CEO seeks to develop or buy way to higher growth
DETROIT (Reuters) – The new chief executive of 3M Co is looking at both buying companies and selling underperforming units while investing in developing the next blockbuster product in a bid to drive faster growth at the industrials group that makes products ranging from adhesive tape to air filters.
Business News
U.S. factory orders increase, equipment spending cooling
WASHINGTON (Reuters) – New orders for U.S.-made goods unexpectedly rose in May, pointing to a strengthening manufacturing sector, but business spending on equipment continued to show signs of slowing.
Business News
Wall Street higher as energy stocks gain
(Reuters) – U.S. stocks rose on Tuesday, boosted by energy stocks as oil prices rose, but gains were capped by a drop in technology stocks, with Facebook sliding on renewed concerns over its data scandal.