Business

Amazon.com, Inc. (NASDAQ:AMZN) stock falls 1.5% in premarket trade

Amazon.com, Inc. (NASDAQ:AMZN) stock falls 1.5% in premarket trade Amazon shares slid sharply Monday, after US President Trump tweeted that Amazon causes the US postal service to lose money. Trump did not officially decide or implement any new tax treatments for Amazon . Only, the more packages the Postal Service delivers for Amazon, the more money it loses . "The Postal Regulatory Commission has consistently found that Amazon's contracts with the ... [Full Article...]

Apple to start using own chips in Macs, Intel shares plunge

Apple to start using own chips in Macs, Intel shares plunge Looking about the past performance history, the company jumped 2.46% for the last five trades and expanded 5.66% in one month period. About 2.24M shares traded. Since October 2, 2017, it had 0 insider buys, and 18 insider sales for $32.56 million activity. JFS Wealth Advisors LLC raised its stake in shares of Intel by 47.1% during the 3rd quarter. [Full Article...]

DCP Midstream Partners (DCP) Stake Decreased by Westwood Holdings Group Inc

Beaumont Financial Partners Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $349.42B market cap company. The rating was downgraded by Goldman Sachs on Friday, September 11 to "Sell". The firm earned "Equal-Weight" rating on Wednesday, January 17 by Barclays Capital. [Full Article...]

Cleaner finds needles at Commonwealth Games athletes' village

Cleaner finds needles at Commonwealth Games athletes' village Commonwealth Games Federation (CGF) chief executing David Grevemberg said that a staff reported them about the used syringes and the matter will now be looked closely. Few Indians were supposed to attend dope tests but the official said it was under usual routine and not connected to the syringe incident. Under CGF rules there is a strict "no-needles" policy in the athletes' village during th... [Full Article...]

Heavy rain and sleet forecast for Easter Monday

Heavy rain and sleet forecast for Easter Monday Sunshine is expected Saturday , with mostly cloudy skies forecast Sunday . After a dry start, there will be some prolonged spells of rain in the south on Good Friday , with rain forecast from Plymouth in the west to Dover in the east. [Full Article...]

Maserati Levante Trofeo is One of the Quickest Maserati's Yet

Maserati Levante Trofeo is One of the Quickest Maserati's Yet It isn't copy-and-paste from the QP, however-in the Trofeo, the engine is significantly modified to get along with the Levante's all-wheel-drive system. Along with this unveiling of a new model, Maserati also introduced a new carbon fiber design of the Levante Trofeo that features 22-inch forged aluminum wheels, an interior that stars seats covered in Pieno Fiore natural leather and a slew of ex... [Full Article...]

Attorney to depose Trump

Attorney to depose Trump Trump just weeks before the 2016 election", he wrote in a 31-page motion. If she is successful, it would be the first deposition of a sitting president since Bill Clinton in 1998 had to answer questions about his conduct with women. But her lawyer argues that the agreement is invalid because Trump failed to sign the document. On whether Daniels would accept a settlement, Avenatti said: "We w... [Full Article...]

President Trump fires Amazon with tweet missile

President Trump fires Amazon with tweet missile Amazon's been paying taxes in California since 2012, and charged customers in all other states, according to the New York Times . For a time, many people selling things on Amazon would set themselves up in states with little or no state income tax, and then declare that all the income they earned in the USA should be taxed as though it was from there, regardless of where the buyer was from. [Full Article...]

Space Internet: FCC Approves SpaceX's Starlink Satellite Network

Space Internet: FCC Approves SpaceX's Starlink Satellite Network Current broadband satellites sit tens of thousands of kilometers above the surface; Starlink would place their 4,425 satellites at only 700 miles (1,150 kilometers), then launch another 7500 satellites at only 200 miles (320 kilometers), according to SpaceX's FCC filing . [Full Article...]

Rumour: Nissan, Renault to merge into single company

Rumour: Nissan, Renault to merge into single company Renault shares jumped as much as 8.3% in early trading Thursday, hitting the highest intraday level in more than a decade. Nissan shares are down almost 2% over the past year, giving the company a valuation of 4.6 trillion yen ($43 billion). [Full Article...]

Barclays to pay $2B to settle fraud claims from 2000s housing crisis

Barclays to pay $2B to settle fraud claims from 2000s housing crisis The final deal is lower than the $5 billion sum that the USA authorities had asked Barclays to pay earlier in negotiations, as reported back in 2016 . attorney for the Eastern District of NY, said in statement. Mr Staley said by "putting significant legacy matters" behind it as well as completing its restructuring previous year, Barclays was "well positioned to produce stronger earnings going... [Full Article...]

Facebook unveils new privacy tools that let you delete data for good

Facebook unveils new privacy tools that let you delete data for good He said it's possible that Facebook could do this and said the company could be using that data to help advertisers target specific users . The world's largest social media company is under pressure to improve its handling of data after disclosing that information about 50 million Facebook users wrongly ended up in the hands of political consultancy Cambridge Analytica . [Full Article...]

After Report On Trump Threat, Amazon Loses $52 Billion In Market Value

After Report On Trump Threat, Amazon Loses $52 Billion In Market Value You could argue the same for other companies, but Digital Realty shares were last seen up 1.7% at $104.45 on Wednesday. As per Thursday, October 29, the company rating was maintained by RBC Capital Markets. (NASDAQ: AMZN ) last released its quarterly earnings results on Thursday, February 1st. The insider Olsavsky Brian T sold $3.42 million. Another trade for 544 shares valued at $795,502 was ma... [Full Article...]

Facebook revamps privacy settings amid data breach outcry

Facebook revamps privacy settings amid data breach outcry Users will also be able to review what personal information they've shared and they will also have the option to delete it. Three Facebook Messenger app users have filed a lawsuit claiming the social network violated their privacy by collecting logs of their phone calls and text messages. [Full Article...]

SoftBank to invest in solar power project in Saudi Arabia

SoftBank to invest in solar power project in Saudi Arabia This should lead to a power generation capacity of 7.2 gigawatts in 2019, but the finished product in 2030 should be able to generate a massive 200 gigawatts. The final investment total for the 200 GW of generation, including the solar panels, battery storage and a manufacturing facility for panels in Saudi Arabia, will eventually total around $200 billion, Son said. [Full Article...]

Walmart removes Cosmopolitan magazine from checkout aisles

Walmart removes Cosmopolitan magazine from checkout aisles One of the biggest issues is Walmart's apparent positioning of the change with the #MeToo movement. Originally founded in the late 19th century, the magazine underwent a renaissance in the 1960s when it became known for pushing the envelope for sexual content, fashion and entertainment gossip. [Full Article...]

Oil futures launch by China becomes positive point for oil market

Oil futures launch by China becomes positive point for oil market As Ciara Lee reports, around 12 million barrels of Shanghai's most-active September contract changed hands in the first 55 minutes of trade - and the buyers weren't just Chinese. Lower crude prices have played a part as to why not earlier. The Shanghai contract traded higher than its London and NY counterparts shortly after debuting, at 432.2 yuan ($68.43) per barrel for September settlement... [Full Article...]

The Dangerous Question Coming to the Next Census

The Dangerous Question Coming to the Next Census The act protects minorities' voting rights. The U.S. Commerce Department, which runs the Census Bureau, announced on Monday that Commerce Secretary Wilbur Ross had made a decision to include the citizenship question after a Justice Department request based on a desire for better enforcement of the Voting Rights Act. [Full Article...]

Australia could boycott football World Cup

Australia could boycott football World Cup Iceland are in Group D alongside Nigeria, Argentina and Croatia in the upcoming football World Cup in Russian Federation. FIFA - which is now investigating Football Federation Australia over its governance structures - would expel and punish Australia should the Socceroos not attend. [Full Article...]

Waymo expands self-driving taxi plans with Jaguar Land Rover link-up

Waymo expands self-driving taxi plans with Jaguar Land Rover link-up Up to 20,000 I-Paces will be built in the first two years of production and will be available for riders of Waymo's driverless service. Jaguar CEO Ralf Speth said he'd already "ringfenced" the 20,000 models of the I-Pace for Waymo.The vehicle will go on sale to the general public in the USA towards the end of this year. [Full Article...]


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