Markets

by | May 08, 2019 | 15:40

Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just days ahead of rival Uber's IPO . Uber has not responded to FOX 5's request for comment but told The Washington Post that thousands of people come into work at Uber every day focused on how to make their lives better and they will continue working on ways to improve the experience for drivers.

by | May 07, 2019 | 18:43

Here are some tips from the FCC when it comes to scam phone calls. The FCC has issued a warning about so-called one-ring robocalls , a scam that doesn't require the receiver of the call to pick up the phone, but to call back. Don't try to call numbers that are repeatedly calling. These recent "One Ring" calls attempt to bait consumers into calling the number back, which can result in you being billed toll charges as if you called a 900 number.

by | May 07, 2019 | 16:29

According to an apparent marketing poster of the Pixel 3a XL , which was spotted by Slashleaks , the 6 GB RAM and 64 GB storage variant of the Pixel 3a XL will be priced at Rs 44,999. It seems that Google itself will be playing on that characteristic by marketing the Pixel 3a as providing everything people love about Google "in a phone".

by | May 07, 2019 | 14:24

Tehran has "mobilised" all its resources to sell oil in a "grey market" bypassing U.S. sanctions, state media quotes Deputy Oil Minister Amir Hossein Zamaninia as saying. The nuclear deal was meant to prevent Tehran from building nuclear weapons in return for sanctions relief. Iranian President Hassan Rowhani plans to declare his country's "partial termination" of the nuclear deal with major powers on Wednesday, according to two Iranian news agencies.

by | May 06, 2019 | 23:45

Chinese media outlets have been told not to independently report on Trump's overnight tweets or tweet about them, and instead adhere to any report from the official Xinhua news agency, said a source with direct knowledge of the matter. 'The president is determined, and tariffs have been a big part of getting people to the negotiating table, ' he said. White House economic adviser Larry Kudlow said on Fox News that the president was "issuing a warning".

by | May 06, 2019 | 17:24

While the threats lower the chances that the talks will conclude successfully, Goldman Sachs analysts Alec Phillips and Blake Taylor wrote in a research note they believe it's still more likely that Mr. In the announcement on Twitter, Trump said that talks to secure a trade deal with China are continuing, but are moving "too slowly". Currently, nearly half of China's sales to America are affected by tariffs and Trump is now aiming for the remaining $325bn.

by | May 06, 2019 | 03:31

That kept the annual increase in wages at 3.2 percent. While some analysts labeled it a "Goldilocks" report for being neither too hot nor too cold, traders maintained bets the Fed will lower rates by mid-2020, and White House economic adviser Larry Kudlow said he thinks the central bank will eventually make a reduction.

by | May 05, 2019 | 15:25

NY time with Musk and Zachary Kirkhorn, Tesla's chief financial officer, the people said. After the company lost another US$ 700 million in the first quarter, several Wall Street brokerages said last week it would seek up to US$3 billion more in backing soon and today's announcement spurred a three per cent rise in the company's shares.

by | May 05, 2019 | 13:55

Europe's biggest bank by assets said operating expenses dropped 12 per cent in the January-March quarter, helped by one-off sales in its retail and commercial businesses and the non-recurrence of USA regulatory fines for past misdeeds. Flint said in June last year that HSBC would invest $15 billion-$17 billion over three years in areas including technology and China, while keeping profitability and dividend targets unchanged.

by | May 05, 2019 | 12:44

One of Warren Buffett's and Charlie Munger's biggest regrets was not buying shares of Google owner Alphabet Inc. And at last year's Berkshire annual meeting, Buffett said that he has long admired Amazon CEO Jeff Bezos, but he blew the chance to invest in it early on when the stock was priced more reasonable.

by | May 05, 2019 | 09:44

While Microsoft still trails the cloud computing leader Amazon.com Inc's Amazon Web Services in revenue, it has taken a different approach to the market, designing many of its services to be run in either Microsoft's Azure data centers, its customers private data centers, or a combination of the two.

by | May 05, 2019 | 09:43

The recall comes almost two months after the company recalled 36,420 pounds of frozen chicken nuggets after pieces of rubber were found in them. At the time, the company called back 69,000 pounds of chicken strips . Consumers who have purchased the products are urged not to consume the chicken strips. The agency advised anyone concerned about an injury or illness to contact a healthcare provider.

by | May 05, 2019 | 07:01

The networks include local cable channels in markets such as St. Louis, New Orleans and Detroit, and the rights to the games of 42 teams - 14 Major League Baseball teams, 16 National Basketball Association teams and 12 NHL teams. It left Murdoch with a slimmed-down "new Fox " that includes the USA broadcast network and Fox News Channel. Sinclair, the biggest owner of local TV stations, would become a major force in cable programming if the acquisition is finalized, WSJ's Joe Flint ...

by | May 05, 2019 | 06:58

Pete Vlastelica, Activision Blizzard's president of esports leagues said: " Call of Duty is a game that embodies teamwork and dedication and Call of Duty esports is a celebration of those pillars". Each now own franchises in the Overwatch League , another franchised competition owned by Activision Blizzard . What is surprising however is that OpTic Gaming isn't among the first to be announced, as that'd have been the best way to assure existing Call of Duty fans.

by | May 04, 2019 | 23:59

A day earlier, on Wednesday, the first day of May 2019, Beyond Meat announced a starting position for IPO set at the share price of 25$. Los Angeles-based Beyond Meat began selling its plant-based burger at more than 1,100 USA locations of fast-food chain Carl's Jr in January.

by | May 04, 2019 | 22:48

AMB, which was first announced at the company's re:Invent event in late 2018, allows businesses to create and manage scalable blockchain networks . According to AWS' announcement , major firms that have implemented AMB include United States communications giant AT&T, the Nestlé global food and beverage company and Singapore Exchange Limited.

by | May 04, 2019 | 22:32

Howard Archer, chief economic adviser to the EY ITEM Club, an economic forecast group in London, told Xinhua: "Clearly Brexit has weighed on the decision to keep interest rates at 0.75 percent". Still, the minutes of the meeting indicated no rush to hike immediately, with a unanimous vote to hold rates defying some predictions for a split on the Monetary Policy Committee.

by | May 04, 2019 | 09:25

Mr Buffett has never bought Amazon shares, although he has always been a fan, CNBC said. Amazon shares opened up 2019 at roughly $1,540, and the high in the first quarter came in late March at close to $1,820. On Friday, shares of Amazon jumped more than 3%. Past year he dumped the last of his stake in IBM, blaming some of the troubles at the company on Amazon .

by | May 04, 2019 | 03:28

The Labour Department's closely watched monthly employment report on Friday, however, showed steady wage gains last month, consistent with moderate inflation. "The supply side of the economy looks a little less shiny in light of the decline in the participation rate", said Michael Feroli, an economist at JPMorgan in NY.

by | May 03, 2019 | 13:35

The tweet suggested customers make coffee at home, eat food that's already in the refrigerator and walk instead of taking a cab. Unless you have a condition where you absolutely can not walk, nobody I know who is strapped for cash is going to splurge for a cab that's an otherwise four minute walk.