TapForMobile
  • Markets Right Now: Solid earnings send US stocks higher

    Markets Right Now: Solid earnings send US stocks higher

    Investors are anxious rising borrowing costs because it may slow the economy and hurt companies' ability to buy back their own stocks even. Facebook fell 3.5 percent to $160.10 and Microsoft skidded 1.8 percent to $93.65. Alphabet , Google's parent company, is one of the biggest losers after it reported greater revenue but also an increase in spending. The Dow Jones industrial average climbed 47 points, or 0.2 percent, to 24,523.

    Continue Reading...
  • Coli outbreak warning extended to all types of romaine lettuce products

    Coli outbreak warning extended to all types of romaine lettuce products

    Romaine lettuce is off the menu of USA households and restaurants, health authorities ordered on Friday after a spreading E.coli outbreak infected 53 people in 16 states. Salad mixes with pieces of romaine should also be discarded . An earlier warning did not include whole heads or hearts; the latest warning covers everything.

    Continue Reading...
  • Syria chemical attack: Inspectors allowed into Douma

    Syria chemical attack: Inspectors allowed into Douma

    The Pentagon denied any American military activity in the area. "These strikes don't necessarily resolve anything but I think they were important", he said. But others said it would be wiser and more effective to wait for a period longer than three days after the U.S., British and French infuriated Russian Federation with their missile strikes on Syria on Friday.

    Continue Reading...
  • VW to give workers a board seat

    VW to give workers a board seat

    After nine years there, he moved to Volkswagen in 2015 right before the infamous diesel emission scandal . Diess was regarded as a potential future CEO when he joined Volkswagen in July 2015 after serving as head of vehicle development for BMW .

    Continue Reading...
  • Nadal back for season-defining Davis Cup duty

    Nadal back for season-defining Davis Cup duty

    Nadal, in his first Davis Cup tie since 2016, had 30 winners against only eight by Kohlschreiber, but the Spaniard finished with eight double faults. Chardy, a surprise selection ahead of Adrian Mannarino, the world 25, suffered his first Davis Cup defeat in six matches. Nadal's appearance for Spain in the Davis Cup will be followed by his return to the ATP Tour at the Monte Carlo Masters, which signals the beginning of the clay court swing of the season.

    Continue Reading...
  • Tiger Global Among Top Spotify Holders With $1.9 Billion Stake

    Tiger Global Among Top Spotify Holders With $1.9 Billion Stake

    Shares of Spotify debuted at $165.90 and teetered in the first hour of trading. Until Tuesday morning, there had been little insight into how the stock would perform once Spotify completed its IPO. Estimates for the price of the shares once they hit the public market were between $160 and $220, CNN reported . Spotify's filing came after losing $1.5 billion in 2017.

    Continue Reading...
  • Police responding to active shooter at YouTube offices near San Francisco

    Police responding to active shooter at YouTube offices near San Francisco

    Authorities say a woman believed to be the shooter is dead of a self-inflicted gunshot and four other people have been wounded. YouTube staff said they had been barricaded in a room to keep them safe before being taken outside. Police in San Bruno warned people in a Twitter message to stay away from the address where YouTube, owned by Alphabet Inc's Google ( GOOGL.O ), is based.

    Continue Reading...
  • Fact check: Trump's claims about Amazon's cost to taxpayers

    Fact check: Trump's claims about Amazon's cost to taxpayers

    Postal Service. Trump does not have any new policies planned that would affect Amazon, a White House official said on Thursday, adding that Trump was prompted to speak out on the subject in reaction to news reports this week. "Towns, cities and states throughout the USA are being hurt - many jobs being lost!" Amazon is only set to get bigger as it moves into the grocery market.

    Continue Reading...
  • Renault shares leap after Nissan merger talks

    Renault shares leap after Nissan merger talks

    A possibility would be basing the new business in the Netherlands or London, where cross Atlantic automaker Fiat Chrysler has the company's corporate charter, but has its headquarters in both the USA and Italy. Nissan shareholders would also receive shares in the new company in exchange for their holdings. The automaker may maintain headquarters in both Japan and France.

    Continue Reading...
  • Oil retreats from multiweek high as US, China trade concerns weigh

    Oil retreats from multiweek high as US, China trade concerns weigh

    The most-active September contract opened at 440.4 yuan per barrel from a reference point of 416 yuan, and jumped to as high as 447.1 yuan in the first few minutes. Similar obstacles have kept foreign investors as bit players in the country's giant mainland stock and bond markets. "The expectations of a rise in inventories have weighed on the price", said Daniel Hynes, a senior commodities strategist at Australia & New Zealand Banking Group.

    Continue Reading...
  • Toy company CEO leads an effort to salvage Toys 'R' Us

    Toy company CEO leads an effort to salvage Toys 'R' Us

    If as many as 400 stores can be saved, it is Larian's hope that a third of the 130,000 jobs he sees as lost could be rescued. So far it has raised about $5,000. and from the rise of Wal-Mart Stores Inc., which overtook it in US toy sales in 1998. Consumers with Toys "R" Us gift cards and Endless Earnings e-gift cards should also hurry.

    Continue Reading...
  • Fed reveals interest rate rise

    Fed reveals interest rate rise

    Interest rate hike could be the new flavor of the year for the Federal Reserve Board . "They're seeing it as a risk to the outlook", Mr Powell said at a press conference at the close of the Fed's two-day meeting in Washington . Beijing said it was prepared to defend its interests as the administration of President Donald Trump prepared to announce tariffs on imports from China.

    Continue Reading...
  • Investigators use Uber crash SUV in recreation

    Investigators use Uber crash SUV in recreation

    One video shows dashcam footage of the impact. Police have released footage from a fatal crash involving one of Uber's self-driving vehicles. The spokeswoman for the company said: 'Our thoughts are with Elaine's loved ones. The SUV's cameras may have failed to pick up Herzberg because she was crossing from a median - which could've created shadows that confused the Uber's device, experts said.

    Continue Reading...
  • London or Paris? United Airlines' $10000 voucher makes these dream vacations possible

    London or Paris? United Airlines' $10000 voucher makes these dream vacations possible

    Airlines usually offer some kind of make-good for people who are bumped off of flights, usually in the form of free travel, food vouchers or hotel stays, if necessary. Sadly, not likely. While a United Airlines representative told Newsweek that the voucher is per the company's policy, it is the highest voucher available and is only issued in extreme circumstances.

    Continue Reading...
  • US Federal Reserve interest rate rises to 1.75 percent

    US Federal Reserve interest rate rises to 1.75 percent

    Wednesday's rate hike is the sixth time the Fed has lifted interest rates since the economy collapsed in 2008. "In view of realized and expected labor market conditions and inflation, the Committee chose to raise the target range for the federal funds rate to 1-1/2 to 1-3/4%".

    Continue Reading...
  • Sensex Falls Over 100 Points, Nifty Struggles Below 10100

    Sensex Falls Over 100 Points, Nifty Struggles Below 10100

    The markets ample gains during start of the week on illusion of receding trade war fears and strength of the United States economy witnessed a trend reversal despite the country's positive macro-datas of CPI and WPI inflation, robust Industrial production (IIP) as well as World Bank prediction of India's growth of 7.3 per cent in FY19.

    Continue Reading...
  • Amazon could buy Toys

    Amazon could buy Toys "R" Us stores

    All 740 Toys R Us stores in the USA will close . It's not known how long the going-out-of-business sales will run. The integration of Amazon's online and offline strategy has helped boost sales and draw more users to its Prime monthly subscription offering, as consumers seek perks such as better delivery options and in-store deals.

    Continue Reading...
  • FDA takes fresh step towards curbing U.S. nicotine addiction

    FDA takes fresh step towards curbing U.S. nicotine addiction

    The action follows his announcement last summer that the agency would pursue a comprehensive plan on tobacco and nicotine regulations in an effort to avoid millions of tobacco-related deaths. Accelerating the decline of smoking in the USA will probably weigh on sales, but cigarette makers have already been racing to find new moneymakers. Some studies , including one by the Royal College of Physicians, have claimed e-cigs and vaporizers are up to 95 percent less harmful than traditional ...

    Continue Reading...