China responding to $34 billion in U.S. tariffs with new tariffs of their own. Forbes Media Chairman Steve Forbes says the U.S. should rely on international organizations to leverage China on trade. …read more […]
Twitter been ramping up its purges of fake users, suspending 70 million …read more […]
Brazil’s state-run oil company Petróleo Brasileiro SA has lifted restrictions on doing business with certain units of the engineering firm Odebrecht SA, Petrobras said in a securities filing on Friday. Petrobras’ board of directors approved the measure at a board meeting on Thursday, the filing said. Odebrecht has been at the center of a major global corruption investigation, involving numerous other firms that paid billions of dollars in bribes to win contracts with Petrobras in the last two decades. …read more […]
Jul.06 — Biogen Inc. and Japanese partner Eisai Co. surged after a closely watched Alzheimer’s drug showed positive results in a large clinical trial, raising hopes for treatment of a disease that’s befuddled researchers for decades. Bloomberg’s Drew Armstrong has more on “What’d You Miss?” …read more […]
BEIJING/WASHINGTON (Reuters) – A U.S.-China trade fight resulting in duties on $34 billion worth of each other’s imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions. The escalating fight between the world’s two biggest economies meant that it could “take economic and political pain to get these two parties to the (negotiating) table,” said Scott Kennedy, head of China studies at the Center for Strategic and International Studies in Washington. President Donald Trump already is threatening additional rounds of tariffs, possibly targeting …read more […]
Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the Bloomberg Billionaires Index. …read more […]
A key decision on its only drug in development is on tap. …read more […]
Golf legends Tiger Woods and Phil Mickelson are reportedly going to face off in a winner- take-all match. Yahoo Finance’s Seana Smith, Pras Subramanian and Julia La Roche discuss. …read more […]
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of 5G coming to the 2019 iPhone. Today, we’ll look at that and other Apple Rumors for Friday. …read more […]
Elon Musk to the rescue! He’s hoping to save the day by sending some of his top engineers at SpaceX and The Boring Company…as Thai authorities try to figure out a plan to free 12 boys and their soccer coach trapped deep inside a flooded cave. Yahoo Finance’s Seana Smith, Pras Subramanian and Julia LaRoche discuss. …read more […]
The ETF industry has gained huge popularity within just more than 20 years. Though the pace of rollout slackened a bit in 2016 as we saw close to 240 launches compared with approximately 300 in 2015, the issuances gathered steam again in 2017. More than 270 ETFs hit the market last year.Source: Investment Zen via Flickr (Modified) …read more […]
Now the question for investors is should they consider buying NVDA stock now, ahead of any official GeForce announcement. Brand new reports surfaced on Thursday that suggested that Nvidia is stockpiling roughly one million GeForce GTX 11s in order to meet the demand for a Q3 or Q4 2018 launch. “It has been two years since the Pascal-based GeForce GTX 10 Series landed, so there is pent-up demand for this family’s successor to fuel the 4K gaming craze,” Hot Hardware’s Brandon Hill wrote. …read more […]
In filing to go public on Friday, Sonos mentioned some important concerns and potential risks to its business. The company said Amazon could disable its Alexa voice assistant on specific Sonos speakers with “limited notice,” something that could harm its products’ desirability. Amazon could also demand licensing fees for Alexa that could hurt Sonos’ bottom line. …read more […]
Apple (AAPL) is likely to discontinue using Intel’s modems in the near future, with the call off of its 5G modems in 2020 iPhones. …read more […]
Since March 2018, U.S. stock markets have been facing severe volatility primarily due to imposition of various tariffs by the U.S. government and related trade conflict. …read more […]
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