WASHINGTON (Reuters) – U.S. officials are pushing for quotas and “other restrictions” on steel and aluminum imports, a top trade official said on Tuesday after the White House announced a month-long extension of tariff exemptions for Canada, Mexico and the European Union.
Jim Cramer sees too many positive data points to make sense of the widespread weakness in the stock market. …read more […]
TORONTO (Reuters) – For about an hour and 11 minutes last Friday afternoon, traders in Canada’s biggest stock exchanges were left in the dark, as the stock market operator battled with a hardware failure.
(Reuters) – Snap Inc fell short of Wall Street forecasts for revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares tumbling 16 percent on Tuesday.
President Trump’s former secretary of Health and Human Services said Tuesday that the repeal of the Affordable Care Act’s individual mandate penalty will likely raise the cost of health insurance through the program’s exchanges. “There are many, and I’m one of them, who believes that that actually will harm the pool in the exchange market, because you’ll likely have individuals who are younger and healthier not participating in that market, and consequently, that drives up the cost for other folks within that market,” Price told the World Health Care Congress in D.C., according to The Washington Times. Price …read more […]
TIJUANA, Mexico (AP) — The caravan of Central Americans seeking asylum in the United States sought the world’s attention as scores of migrants traveled through Mexico on a journey to escape their violent homelands. …read more […]
Surprise! The only actual “news” here is good. …read more […]
BEVERLY HILLS, Calif. (Reuters) – Hedge funds, following an extended period of low investor confidence and unspectacular returns, are poised to be great again, according to managers at a West Coast gathering of some of the world’s largest investors.
Not everyone loved the fourth season of Arrested Development. Each episode …read more […]
NEW YORK (Reuters) – The S&P 500 edged higher on Tuesday after comments from a Trump administration official on trade with China and the Mexican economy minister on the renegotiation of the North American Free Trade Agreement provided cause for optimism.
Apple also boosted its capital return program by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]
Apple also boosted its capital return programme by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]
(Reuters) – Apple Inc on Tuesday beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes.
(Reuters) – Snap Inc missed Wall Street forecasts for first-quarter revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares sharply lower on Tuesday.
Apple ended up with a pretty decent report for its second quarter, beating …read more […]
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