Business

by | November 12, 2019 | 02:18

Cisco Systems and Qualcomm shares dropped 1.5% and 2.3%, respectively, following analyst downgrades. "They'd like to have a rollback", Trump told reporters at the White House. That was the fifth straight week of gains for the index, which matches its longest winning streak in the last two years. The Dow Jones Industrial Average closed slightly higher Monday after erasing a deficit of 163 points as Boeing popped on news its will resume deliveries of the beleaguered 737 Max jet next month.

by | November 11, 2019 | 00:49

The S&P 500 and Treasury yields fell after President Donald Trump said he had not agreed to roll back any tariffs, but a late push in the afternoon returned indexes to record heights. Helping to boost the S&P 500, Walt Disney Co gained 3.8% a day after it reported quarterly results that showed it spent less than it had projected on its online streaming service, Disney+.

by | November 09, 2019 | 00:52

However, there were two members of the MPC that voted to cut rates. The Bank's view was that Johnson's deal reduced the likelihood of a "no deal" Brexit (in the near term) alleviating some of the uncertainty facing households and businesses.

by | November 09, 2019 | 01:12

US officials said a lot of work remained to be done when Trump announced the outlines of an interim deal last month. The White House declined to comment to Business Insider. As investors wound back their buying in safe assets, the 10-year U.S. Treasuries yields jumped to 1.9730% on Thursdsay to a three-month peak, and last stood at 1.9069%.

by | November 08, 2019 | 02:20

Simmons, with headquarters in Siloam Springs, has chose to recall 2,071,397 pounds of poultry products because of the contamination. The products have the establishment number "P-1949", "P- 486" or "P-5837" inside the USDA mark of inspection.

by | November 06, 2019 | 00:33

The Chinese government has removed a months-long ban on Canadian pork and beef products that hit farmers hard when it arrived in the midst of a broader diplomatic feud between the two countries. Cong Peiwu officially took over as China's ambassador in Ottawa on November 1, and Dominic Barton, a former business consultant, recently took over as Canada's new envoy in Beijing.

by | November 05, 2019 | 01:59

The development was reported by Bloomberg on November 4. The revelation came from the same two researchers - John Griffin, a professor at the University of Texas and Amin Shams, an assistant professor at Ohio State University - who previous year in a research paper claimed that the spike in prices of Bitcoin was the result of market manipulation.

by | November 04, 2019 | 10:59

The Popeyes chicken sandwich has returned and people losing it. The Popeye's in Lansing was packed on Sunday with people waiting to get their hands on the highly sought-after spicy chicken sandwich . November 3, though, is a Sunday this year. "Finally, it made news that it was coming back today so we were like that's our Sunday lunch and we came", she said.

by | November 02, 2019 | 00:45

Employers added 128,000 net new jobs , the Labor Department reported in the closely-watched monthly employment report , defying many economists who expected a sharp slowdown. With the unemployment rate low and the economy in a decadelong expansion, diners are as hungry as ever for tacos, said Michael Mabry, chief development officer of Fuzzy's Taco Shops, a Fort Worth, Texas chain of 150 restaurants in 17 states.

by | November 02, 2019 | 01:09

West Texas Intermediate crude for December delivery rose 22 cents, or 0.4%, to $54.40 a barrel on the New York Mercantile Exchange as of 10:55 a.m. London time. The pipeline also flows to Cushing, where the outage is expected to drain inventories. U.S. crude oil imports increased while exports decreased during the week ending October 25, the U.S.

by | October 31, 2019 | 01:32

Hattersley's vision for a new Molson Coors Beverage Company became crystallized prior to today's third-quarter earnings call with investors and analysts. "We're going to be able to fund the good ideas without making the tradeoffs that we've had to make, potentially, in the past behind our bigger brands", Hattersley said.

by | October 31, 2019 | 01:37

Stocks were slightly higher and the US dollar gained. At the September meeting, the committee voted 7-3 for a rate cut. Less clear is where central bankers go from here amid signs the economy is slowing down. President Trump and Wall Street are looking for signals of how much more the Fed will lower rates heading into the presidential election. The governors are nominated by the US president, confirmed by the Senate, and serve 14-year terms.

by | October 29, 2019 | 01:31

New York-listed Tiffany, famous for its diamond engagement rings, is said to have hired advisers to review the offer. LVMH did not immediately respond to ABC News' request for comment Monday but confirmed news of the proposed acquisition to The Associated Press, saying in a statement that "there can be no assurance that these discussions will result in any agreement".

by | October 29, 2019 | 01:41

Like the rocket plane it operates, Virgin Galactic's stock price blasted off on its first day as a publicly traded company, and then glided to a somewhat lower altitude. The firm has to this level achieved two take a look at flights-one in December 2018 and the different in February 2019-utilizing SpaceShipTwo vessels (VVS Unity) made by a Virgin subsidiary called the Spaceship Company.

by | October 26, 2019 | 05:48

All locals in the 49,000-member UAW must vote on the contract before it can be ratified. In 2015, rank and file UAW workers at Fiat Chrysler Automobiles NV rejected the first version of a contract before it was eventually approved. The UAW's strike against GM began on September 16 and has now lasted 39 days. The proposed contract includes 3% raises, a 4% lump-sum payment, an $11,000 ratification bonus for permanent employees and a $4,500 ratification bonus for temporary employees.

by | October 25, 2019 | 01:41

Best Buy offering free next day delivery during the holidays. expedited shipping will be available for nearly everyone (99 percent of customers) and includes nearly all of them (except the heavier items such as large-screen TVs and refrigerators).

by | October 24, 2019 | 01:38

As part of SoftBank's takeover arrangement, it will acquire roughly $1 billion of stock in WeWork's parent company from the co-working company's disgraced former CEO Adam Neumann , who was ousted last month after he faced pressure from investors following an utterly disappointing initial public offering , according to the Journal .

by | October 24, 2019 | 00:55

On Friday, the centre said the chain's six-month lease would not be extended. However outside of Boston Chick-fil-A does exist & hopefully MA will realize there's no room for hate in this state. "We are always looking and learning, and do so through pop-up locations, but nothing else to share right now", a company spokeswoman told The Times.

by | October 21, 2019 | 02:19

Last year, a New York Times investigation found that executives at Johnson & Johnson were aware for up to 50 years of possible asbestos contamination in its baby powder but didn't alert consumers. Asbestos has been linked to a rare type of cancer called mesothelioma. While talc products contributed about US$420 million to J&J's US$76.5-billion in revenue in 2017, Baby Powder is considered an essential facet of the conglomerate's carefully tended image as a caring company.

by | October 20, 2019 | 01:16

Gold Capped by Brexit Optimism Hopes over a Brexit deal are helping to put a lid on gold prices on Friday. Sterling already jumped 5% this month to around $1.29 and now it's pinned to that marker as traders wait to see if Prime Minister Boris Johnson can convince sceptics in the House of Commons to approve the divorce deal he sealed this week.

by | October 20, 2019 | 02:35

Banerjee, an Indian-American who has been critical of the Narendra Modi government's economic policies, won the 2019 Nobel Prize for Economic Sciences. Banerjee had recently said that Indian economy was on shaky ground, adding the data now available does not hold any assurance for economic revival anytime soon.

by | October 20, 2019 | 02:18

Friday's lighthearted protest came as pro-democracy organisers said they planned to stage a major march on Sunday despite police determining it illegal. Lam has said the bill is now dead, but it has not been formally withdrawn. Chan Tong-kai, 20, is wanted in Taiwan for the murder of his pregnant girlfriend during a holiday the two Hong Kongers took there in February previous year.

by | October 19, 2019 | 01:09

Friday's data marked a further loss of momentum for the economy from the second quarter's 6.2% growth, likely raising expectations that Beijing needs to roll out more measures to ward off a sharper slowdown. A slide in China's exports accelerated last month, while imports contracted for a fifth straight month. Retail and auto sales also fell by 8.2% and 11.7% respectively.

by | October 18, 2019 | 02:08

As for charging, typical Level 1 and Level 2 options will be built in. The XC40 Recharge and the Recharge auto line are also tangible proof points of the company's ambitious new action plan, also launched today, which represents concrete actions in line with the Paris climate agreement and supports Volvo Cars' ambition to become a climate-neutral company by 2040.

by | October 17, 2019 | 02:06

Those talks had taken place at Russia's Hmeimim air base in Syria among other places, he said. Turkey says it aims to defeat the Kurdish YPG militia, which it sees as terrorists for its links to separatists in Turkey, and to create a "safe zone" where millions of Syrian refugees can be resettled.

by | October 14, 2019 | 00:39

US health officials said on Friday there may be more than one cause for the outbreak of the illness and said they do not see a meaningful drop in the number of new cases. Michigan's vaping-related lung injury cases have all been in the lower peninsula and have been to people ranging from 16 to 67 years old. Approximately 70 percent of reported patients are male, according to the CDC .

by | October 14, 2019 | 00:37

Renault Chief Financial Officer Clotilde Delbos could be named as interim CEO to replace Thierry Bollore , French TV BFM said on its website on Thursday. A source close to the company told AFP that Bollore had made his case at the board meeting, where "he was blamed for management and performance failings".

by | October 09, 2019 | 01:13

The think tank said to the BBC "the government is now adrift without any effective fiscal anchor" and that it would be forced to borrow up to $100bn (€112bn). The IFS said that a no-deal Brexit could temporarily halt all economic growth for two years, even with "substantial" government spending. "It will be crucial that these programmes are temporary: an economy that turns out smaller than expected can, in the long run, support less public spending than expected, not more".

by | October 08, 2019 | 01:00

Hong Kong's leader pledged last month to withdraw the legislation. "As U.S. -China relations deteriorate and both sides sort of move into this nationalistic crouch, the difficulty of speaking to broad audiences in both the United States and China without offending at least one of them is extremely hard", Kennedy said .

by | October 08, 2019 | 01:56

Known as the Syrian Democratic Forces , the Kurdish fighters who fought against the Islamic State with the US, criticized Trump's decision in a statement saying, "The United States forces have not fulfilled their obligations and withdrew their forces from the border area with Turkey".

by | October 08, 2019 | 02:21

There is no onshore trading as Monday is the last day of China's holiday break. The Japanese yen, often seen as a safe-haven currency in times of market turmoil, traded at 106.87 per US dollar after strengthening from levels above 108 in the previous trading week.

by | October 07, 2019 | 12:03

The revelation comes just shortly after PayPal pulled out its support for the Facebook-allied stablecoin . Its other members include payments company Visa , ride-hailing app Uber and humanitarian charity Mercy Corps. Global outcry is mounting over Libra - with central banks and governments railing against Facebook's upstart cryptocurrency and questions over how it would be regulated.

by | October 07, 2019 | 12:13

Zanganeh also vowed that Iran "will use every possible way to export" its oil. TOTAL pulled of the deal immediately after the US withdrawal from the 2015 nuclear agreement in 2018, but CNPC's continued participation had remained unclear.

by | October 05, 2019 | 02:03

It's National Taco Day Friday and the taco gods have blessed you with all the little tacos you could ever want. On the company's website you can purchase a digital gift card for your friends, but it can only be used on October 4. That's a lot of tacos for just $5, and one that anyone would be insane to pass up. Join Jack in the Box's e-club, and you'll receive two tacos for free with any purchase.

by | October 05, 2019 | 01:57

RBI took note of the continued slowdown, and lowered India's economic growth projection to 6.1% from 6.9% for FY20. All the six members of the MPC had voted unanimously for the change in policy rates and stance. Given that the 110 bps rate cut so far has not quite led to the uptick in investment, one can look upon the series of rate cuts as being work in progress to lower the cost of capital gradually over time so that when the investment cycle looks to pick up, potential investors would ...