Markets

by | August 04, 2019 | 18:22

The technology giant is facing several charges, including a class-action suit in NY in addition to civil and individual cases filed in Texas, Pennsylvania, and California in 2018. In one of the civil cases filed by former VP of Human Resources, Allan Wild, IDM is said to have faced a challenge in recruiting talent, especially from the millennial pool.

by | August 04, 2019 | 17:43

This version of the engine will be standard on the F-450 chassis cab, F-550, F-600, F-650, F-750, F-53, and F-59 models. The heavy-duty 10-speed TorqShift automatic transmission for Super Duty trucks is based on a 10-speed automatic now used in the F-150, but "it is a beefier transmission by far", said Greg Stout, the program manager.

by | August 04, 2019 | 12:54

IAG held firm on profit forecasts for 2019 and said it expects passenger unit revenue to improve over the rest of the year. The boss of British Airways-owner IAG has said a pay deal being offered to its pilots is "fair", adding that he is hopeful strikes can be averted this summer.

by | August 04, 2019 | 12:38

Traders still see one more rate cut this year. The move, in line with market expectation, is "not the beginning of a long series of rate cuts", Fed Chairman Jerome Powell said. The market is now closely watching the Bank of England's policy decisions due on later Thursday to see whether it will follow suit of other central banks to cut interest rate.

by | August 04, 2019 | 06:35

Downing Street confirmed after the meeting that during all one-to-one meetings with the five party leaders, the prime minister "made clear that the United Kingdom would be leaving the European Union on 31 October come what may , and restated his intention to do so with a deal".

by | August 04, 2019 | 03:54

Bezos was asked about his position on defence contracts after Google dropped its bid for the Pentagon cloud computing contract because it would be inconsistent with its principles. "I've heard from everybody about the ..." The Defense Department's new secretary, Mark Esper , will look into the project, called the Joint Enterprise Defense Infrastructure (JEDI).

by | August 04, 2019 | 00:53

Second-quarter earnings fell by $820 million to $3.13 billion, or 73 cents per share. Analysts had slashed their estimates last month after the company disclosed weaker results in natural gas, chemicals and refining. First National Bank Of Hutchinson who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $303.73 billion market cap company.

by | August 03, 2019 | 23:48

Unemployment continues to stand at 3.7 percent, near a 50-year low, while wages ticked upward 3.2 percent over the last year. Economist Joel Naroff said yesterday Trump's new tariffs were likely to cause the Fed to cut interest rates yet again.

by | August 03, 2019 | 23:39

The company has acknowledged its contractors in the last month to listen to the recordings of what people tell Google Assistant after the leakages of the recordings of the Dutch languages. The leaked recordings were provided by a Google employee who exposed Google's operations with regard to customers' files that are now protected by the GDPR, which effectively replaced the 1998 Data Protection Act.

by | August 03, 2019 | 21:57

Skadden advised DoorDash on the definitive agreement with Square ( NYSE: SQ ) to acquire Caviar for $410 million in cash and DoorDash preferred stock. Cash App is a Venmo competitor developed in 2013 after some trial and error. This On-Demand business trade happens five years before. According to The New York Times , Dorsey made a call to Xu about possibly purchasing Caviar.

by | August 03, 2019 | 21:43

In a week when the pound capped its worst monthly performance in nearly three years, he also said it's "highly unlikely" the Bank of England would intervene to support the currency. Johnson has repeatedly said he will take the United Kingdom out of the European Union on October 31, with or without a deal, and the government has doubled spending on no-deal preparations.

by | August 03, 2019 | 20:14

According to a notice issued by Bimbo Bakeries USA, Inc., packages of Entenmann's Little Bites Soft Baked Chocolate Chip Cookies are being voluntarily recalled in 37 states over concerns of plastic pieces being found in the pouches. Return them to the store where you bought it for a full refund. The pouches of cookies could have blue plastic pieces in them, according to the U.S. Food and Drug Administration.

by | August 03, 2019 | 19:58

Chinese officials said that Trump's decision was against what the sides agreed upon at this week's trade talks in Shanghai and noted that they will retaliate if the U.S. "But in the meantime, until such time as there's a deal, we'll be taxing them", Trump said. He said he was going to stop fentanyl from coming into our country - it's all coming out of China; he didn't do that.

by | August 03, 2019 | 19:53

When the FTC originally made the announcement, it wasn't anticipating the overwhelming public response that has occurred since - millions of people have already visited the claim site, and it's only been a week.Because so many people filed claims for benefits and opted for the cash option, the payment will be much lower than originally predicted.

by | August 03, 2019 | 19:20

As quick as the market sold off it quickly recovered temporarily and actually traded with positive gains for a brief instant. Powell is becoming well known for his pivots, and in this case, it's nearly as though he had someone in his ear telling him the market reaction, that towards the latter stage of the press conference, he walked back his earlier view.

by | August 03, 2019 | 19:07

India has slipped a rank in terms of gross domestic produce (GDP) to become the seventh largest economy in the world, as per World Bank data . The world's top four economies in the World Bank list in 2018 were the United States, with a GDP of $20.5 trillion, followed by China ($13.6 trillion), Japan ($4.9 trillion) and Germany ($3.9 trillion).

by | August 03, 2019 | 18:58

Krispy Kreme topped the latest class, espresso and bakery, in Market Pressure's 2019 report following by Panera and Starbucks . In-N-Out scored 73 percent in staff friendliness, but that was about nine percentage points lower than Chick-fil-A, with a score of 82 percent.

by | August 03, 2019 | 16:27

As CNET reports , Amazon has apparently chose to stop supporting physical Dash Buttons completely because usage,"has sginficantly slowed" ever since they were discontinued in February. Who knows, maybe they'll even become collectible? In its absence, the Amazon spokesperson suggested customers use their free virtual Dash Buttons on Amazon's website and the mobile app.

by | August 03, 2019 | 16:24

Falling energy prices seem to be an important cause. The $25bn share buyback is expected to be completed by the end of next year. At its management day in June, the company said it meant to sell or close nine of its 19 refineries by 2025.

by | August 03, 2019 | 16:21

Nonfarm payrolls increased by 164,000 jobs last month, the government said. The July jobs report revealed yet another month of strong job growth. "It had good solid numbers and was largely in line with expectations". Average hourly earnings ticked up 3.2% from a year earlier, enough to make up for the rising cost of living, but is still anemic considering how tight labor markets have been for so long.