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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...

Nissan gives a glimpse of future electric cars

Nissan gives a glimpse of future electric cars

Posted By: Editorial Teamon: January 28, 2019In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

By Peter Valdes-Dapena Nissan makes the best-selling electric car in the world to date. Over 380,000 Nissan Leafs have been sold, and that model is now in its second generation. But the Leaf remains Nissan’s only widely available electric car. In an encouraging sign that the arrest of its former CEO Carlos Ghosn has not […] Read more

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McDonald's loses 'Big Mac' trademark case to Irish chain Supermac's

McDonald’s loses ‘Big Mac’ trademark case to Irish chain Supermac’s

Posted By: Editorial Teamon: January 16, 2019In: BUSINESS, NEWSNo Comments

McDonald’s Corp has lost its rights to the trademark “Big Mac” in a European Union case ruling in favor of Ireland-based fast-food chain Supermac’s, according to a decision by European regulators. The judgment, provided to Reuters by Supermac’s, revoked McDonald’s registration of the trademark, saying that the world’s largest fast-food chain had not proven genuine […] Read more

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European stocks drop as auto firms announce job losses; Tesco up 1.5%

European stocks drop as auto firms announce job losses; Tesco up 1.5%

Posted By: Editorial Teamon: January 10, 2019In: BUSINESSNo Comments

European shares traded lower on Thursday afternoon as investors focused on trade war developments and earnings news in the U.S. Symbol Name Price Change %Change Volume FTSE FTSE 100 6912.00 5.37 0.08% 306033973 DAX DAX 10867.07 -26.25 -0.24% 44414899 CAC CAC 4784.90 -28.68 -0.60% 40956201 The pan-European Stoxx 600 was 0.2 percent lower with almost […] Read more

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European shares dip in thin holiday trade

European shares dip in thin holiday trade

Posted By: Editorial Teamon: December 24, 2018In: BUSINESSNo Comments

European shares fell at the start of a holiday-shortened week on Monday as worries over slowing economic growth and tighter monetary conditions continued to weigh. By 0812 GMT, Britain’s FTSE 100 <.FTSE> fell 0.6 percent, while France’s CAC <.FCHI> and Spain’s IBEX <.IBEX> eased 0.7 and 0.5 percent respectively. Germany’s DAX <.GDAXI> and Italy’s FTSE […] Read more

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Cuban citizens can now access the Internet on smartphones

Cuban citizens can now access the Internet on smartphones

Posted By: Editorial Teamon: December 07, 2018In: BUSINESSNo Comments

Cubans became eligible to sign up for data plans on their smartphones. It is a long-awaited, and expensive, development on an island that limited mobile access to the Internet for most people. Cuba became one of the last countries in the world to get 3G mobile internet services on Thursday, though most citizens on the […] Read more

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One part of the U.S. yield curve just inverted; what does that mean?

One part of the U.S. yield curve just inverted; what does that mean?

Posted By: Editorial Teamon: December 06, 2018In: BUSINESSNo Comments

Part of the U.S. Treasury yield curve “inverted” this week, setting off debate over whether it is delivering a classic signal of oncoming recession or it has just developed a short-term kink that can be explained away by technical reasons. Whatever the reason, investors and economists ignore this message from the bond market at their […] Read more

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China Will Slash Car Tariffs, Trump Says, in a (Vague) Tweet

China Will Slash Car Tariffs, Trump Says, in a (Vague) Tweet

Posted By: Editorial Teamon: December 03, 2018In: BUSINESSNo Comments

BEIJING — After the negotiations over steak dinners were done, after he said his goodbyes to President Xi Jinping of China and after both governments issued their public statements about the trade truce between the United States and China, President Trump had one more surprise to drop. In a late-night Twitter post on Sunday, Mr. […] Read more

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IBG announces plans to expand in 2018

IBG announces plans to expand in 2018

Posted By: Editorial Teamon: December 01, 2018In: BUSINESSNo Comments

International Balance Group, the Lebanese based holding company, has recently announced its intention to seriously expand its business activities by the end of 2018. The Chairman of the company, Mr. Ghais Youssef Makhlouf aggressively expressed his delights for the expansion decision and assured that IBG shall take all necessary measures to ensure this goal is […] Read more

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Airbus hints at decision on new A321 version next year

Airbus hints at decision on new A321 version next year

Posted By: Editorial Teamon: November 27, 2018In: BUSINESSNo Comments

TOULOUSE, France (Reuters) – The incoming chief executive of Europe’s Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet. Asked on the sidelines of a delivery ceremony in Toulouse whether Airbus planned to launch the proposed new variant, Guillaume Faury […] Read more

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Google Drops $1 Billion on Real Estate Near Its Headquarters

Google Drops $1 Billion on Real Estate Near Its Headquarters

Posted By: Editorial Teamon: November 27, 2018In: BUSINESSNo Comments

Googleplex headquarters in Mountain View. Photographer: Michael Short/Bloomberg The Googleplex is getting bigger. Alphabet Inc.’s Google has closed a $1 billion deal for a 51.8-acre business park next to its Mountain View, California, headquarters. The purchase adds to a mammoth real estate expansion the company is in undertaking in both California and New York City. A […] Read more

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