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SpaceX Ignites Wall Street: Musk’s $75 Billion Gamble Could Rewrite the Future

SpaceX Ignites Wall Street: Musk’s $75 Billion Gamble Could Rewrite the Future

In a move that sent shockwaves through both Silicon Valley and Wall Street, Elon Musk unveiled plans for what...

Microsoft posts big earnings beat, but Windows revenue from device makers falls 3%

Microsoft posts big earnings beat, but Windows revenue from device makers falls 3%

Microsoft shares fell as much as 3% in extended trading on Tuesday after the software and hardware company iss...

China’s tech crackdown has a new battleground — data

China’s tech crackdown has a new battleground — data

GUANGZHOU, China — China’s government has opened a new battlefront with the country’s technology giants, looki...

S&P 500 rises for a 7th straight day after strong jobs report, best winning streak in 10 months

S&P 500 rises for a 7th straight day after strong jobs report, best winning streak in 10 months

Stocks rose on Friday and the S&P 500 hit another record high after the June jobs report showed an acceler...

Oil prices could skyrocket if OPEC+ fails in pledge to deliver more supply

Oil prices could skyrocket if OPEC+ fails in pledge to deliver more supply

OPEC heads into Thursday’s meeting with Russia and other allies with a better command of world oil prices than...

The U.S. is falling further behind China and Europe in electric-vehicle production

The U.S. is falling further behind China and Europe in electric-vehicle production

The U.S. lags behind China and Europe when it comes to production and uptake of electric vehicles domestically...

Bitcoin surged as much as 18% after a wild day that saw the cryptocurrency briefly drop below $30,000

Bitcoin surged as much as 18% after a wild day that saw the cryptocurrency briefly drop below $30,000

Bitcoin continued to rebound from its lows for the year on Wednesday. The cryptocurrency sank below the key $3...

Brexit: Labour MPs draft amendent for potential second vote

Brexit: Labour MPs draft amendent for potential second vote

Posted By: Editorial Teamon: February 25, 2019In: BUSINESS, ECONOMY, NEWS, POLITICSNo Comments

Two of Britain’s opposition MPs are working on a plan to bring UK Prime Minister Theresa May’s Brexit deal through, on the condition that it is put to a public vote. Peter Kyle and Phil Wilson have put forward an amendment to the Brexit bill that ties the prime minister’s deal with the potential to […] Read more

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JPMorgan trades banker offices for shared desks

JPMorgan trades banker offices for shared desks

Posted By: Editorial Teamon: February 22, 2019In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

By: Elizabeth Dilts NEW YORK – JPMorgan Chase & Co is tearing down walls and moving its San Francisco investment bankers onto “hot desks,” a space-saving layout that has long been a fixture at tech companies, while redesigning offices in Dallas and other cities. A view of the exterior of the JP Morgan Chase & […] Read more

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Washington said to urge Beijing for a stable currency in trade talks

Washington said to urge Beijing for a stable currency in trade talks

Posted By: Editorial Teamon: February 20, 2019In: BUSINESS, ECONOMY, NEWSNo Comments

The United States is reportedly asking China to address the value of the its currency as part of the trade deal. The move would be aimed at mediating any effort by the Chinese to devalue the yuan to counter American tariffs, people familiar with the situation told Bloomberg News. The Trump administration has insisted that […] Read more

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Dow futures point to slightly lower open amid US-China trade talks; Fed minutes due

Posted By: Editorial Teamon: February 20, 2019In: BUSINESS, ECONOMY, NEWSNo Comments

U.S. stock index futures were mixed Wednesday morning, with market participants monitoring the latest round of trade talks between the world’s two largest economies. At around 3:00 a.m. ET, Dow Jones Industrial Average futures were 19 points lower, indicating a negative open of more than 21 points. Futures on the S&P 500 and Nasdaq Composite […] Read more

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Saudi Prince Gets Red Carpet in Asia as Murder Strains U.S. Ties

Saudi Prince Gets Red Carpet in Asia as Murder Strains U.S. Ties

Posted By: Editorial Teamon: February 19, 2019In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

By Ismail Dilawar , Donna Abu-Nasr , and Alaa Shahine With relations tangled in the U.S. over the murder of critic Jamal Khashoggi, Mohammed bin Salman is enjoying some hospitality elsewhere. Saudi Crown Prince Mohammed Bin Salman was among friends the moment he entered Pakistani airspace to start a grand tour of Asia. A fleet […] Read more

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Real wage growth climbs to two-year high

Real wage growth climbs to two-year high

Posted By: Editorial Teamon: February 19, 2019In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

Wages were up by 3.4% Official figures show a robust UK labour market despite gloom surrounding the manufacturing industry and the high street. By John-Paul Ford Rojas British workers enjoyed their strongest real terms pay rise for more than two years at the end of 2018, official figures show. Regular wages – excluding bonuses – […] Read more

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Ruth Bader Ginsburg returns to Supreme Court

Ruth Bader Ginsburg returns to Supreme Court

Posted By: Editorial Teamon: February 15, 2019In: BUSINESS, NEWS, PEOPLENo Comments

By Ariane de Vogue Supreme Court Justice Ruth Bader Ginsburg speaks during a naturalization ceremony at the Rotunda of the National Archives December 14, 2018 in Washington, DC. Justice Ruth Bader Ginsburg returned to the Supreme Court Friday to participate in the regular closed-door conference meeting among the nine justices, the court announced. This marks […] Read more

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Facebook in talks with FTC as possible record fine looms

Facebook in talks with FTC as possible record fine looms

Posted By: Editorial Teamon: February 15, 2019In: BUSINESS, NEWS, PEOPLENo Comments

By Seth Fiegerman Federal regulators may be inching closer to hitting Facebook with a massive fine over its data privacy practices after a year full of scandals. Facebook (FB) confirmed to CNN Business on Thursday that it’s in talks with the Federal Trade Commission, following a report that the agency is looking to levy a […] Read more

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Trade fights are pushing the global economy ever closer to the edge

Posted By: Editorial Teamon: February 15, 2019In: BUSINESS, ECONOMY, NEWSNo Comments

By Ivana Kottasová Mark your calendars. The world has just a few weeks to avert a dangerous slowdown in the global economy. Two deadlines next month will have a huge impact on how the global economy fares in 2019. Depending on what happens when they pass, it could shake off a recent slump or slide […] Read more

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FDA issues warning letter to drug distributor McKesson for allegedly shipping 'illegitimate' opioid products

FDA issues warning letter to drug distributor McKesson for allegedly shipping ‘illegitimate’ opioid products

Posted By: Editorial Teamon: February 13, 2019In: BUSINESS, MARKETING, NEWSNo Comments

The Food and Drug Administration said Tuesday it has sent a warning letter to drug distributor McKessson for allegedly shipping “illegitimate” opioid products and failing to properly handle and investigate the incidents. Specifically, the FDA is accusing McKesson of failing to identify, quarantine and investigate drug shipments that had been tampered with. Some of the […] Read more

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