How China's tariffs on soybeans fueled the US GDP bump
China’s retaliatory tariffs on soybeans, which was designed to hurt Trump’s voter base, has helped to boost the U.S.’s second-quarter GDP. …read more […]
China’s retaliatory tariffs on soybeans, which was designed to hurt Trump’s voter base, has helped to boost the U.S.’s second-quarter GDP. …read more […]
Now that 21st Century Fox Inc. shareholders have signed off on the $71.3 billion sale of its entertainment assets to Walt Disney Co., some investors are already fretting about the next hurdle: regulatory … …read more […]
Investors are taking a cautious stance ahead of earnings next week and an ongoing trade spat with China. …read more […]
And here’s why they’re right. …read more […]
See why these three stocks fell harder than the overall market. …read more […]
The claims against Moonves involve incidents that go back, in part, more than 20 years, the Hollywood Reporter said earlier on Friday, citing sources with knowledge of the matter and the New Yorker magazine story who it did not identify. “Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the board will promptly review the findings and take appropriate action,” CBS said in a statement. Moonves and the New Yorker did not immediately respond to requests for comment. …read more […]
The second-quarter report took some fizz out of this bottle-rocket ticker due to weak earnings now and in the near future. …read more […]
AbbVie posts fantastic Q2 numbers but its stock falls. Here’s why — and why the negative reaction is missing the bigger story. …read more […]
The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July. President Donald Trump, who ahead of Friday’s release of the gross domestic product report had promoted the notion that second-quarter growth would be robust, declared victory. “We have accomplished an economic turnaround of historic proportions,” Trump told reporters. …read more […]
MoviePass suffered a service outage late Thursday caused by it temporarily running out of cash. Helios & Matheson — the parent company of MoviePass —said Friday that its ongoing cash troubles had finally hit a breaking point, causing a temporary “service interruption,” that sent its stock plummeting as much as 66%. …read more […]
Follow Amazon’s stock price in real-time here. A much-overlooked bit in Amazon’s earnings press release on Thursday — in which Amazon said “we want customers to be able to use Alexa wherever they are” — has one Macquarie analyst speculating that the e-commerce giant could be planning another foray into phones. “We suspect, though this is admittedly speculation, that Amazon will have to re-enter the phone market either directly or indirectly in order to drive Alexa adoption,” Benjamin Schachter, the bank’s technology analyst, said in a note to clients Friday following Amazon’s record-breaking earnings report. …read more […]
The MoviePass owner is now running its business on IOUs. …read more […]
Colgate-Palmolive Co said on Friday that it would “modestly” raise prices in the second-half of the year, mainly in emerging markets, as the world’s largest toothpaste maker seeks relief from surging raw materials costs. The industry also has been rocked this year by rising commodities and transportation prices. Shares in Colgate were flat on Friday, reversing course from a 3 percent decline after the company reported weaker-than-expected quarterly sales and warned that it expected slower full-year net sales growth. …read more […]
From AT&T and Time Warner to the hot pursuit of 21st Century Fox and Sky, media mergers are in full swing. Why now? WSJ’s Amol Sharma answers all your questions about the forces driving media deals. …read more […]
With its focus on innovation and high-growth markets, the semiconductor specialist easily beat expectations in Q2. …read more […]
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