Markets

Markets China trade talks extended, 'going very well'
Author: 0 China trade talks extended, 'going very well'

It's unclear from the United States statement how much headway negotiators made regarding USA concerns over forced technology transfers and cybertheft of trade secrets for commercial purposes. Since the start of the trade war in July, both sides have levied billions in tariffs that have shaken business sentiment, in a conflict many see an extension of a technology battle between the world's two largest economies.

Markets Apple Warns of Quarterly Revenue Shortfall
Author: 0 Apple Warns of Quarterly Revenue Shortfall

Apple shares fell 10 percent in New York Thursday, the biggest drop in nearly six years, after the warning. Trading in the company's shares were temporarily halted as Tim Cook , Apple's chief executive, issued a letter to shareholders explaining the reason for the change.

Markets Apple admits it is going to miss iPhone sales
Author: 0 Apple admits it is going to miss iPhone sales

Cook said other factors will also pull down Apple's revenue, including the timing of its iPhone launches previous year and a strong dollar that means lower revenues when converted to United States currency. "The already shaky foundation for Apple owing to the likelihood of the company's products being enlisted into the tariffs scuffle saw their latest move to lower revenue outlook packing a punch for share prices".

Markets Tesla shares fall after carmaker falls short on delivery estimates
Author: 0 Tesla shares fall after carmaker falls short on delivery estimates

Tesla's Q4 production numbers are comprised of 61,394 Model 3 vehicles, in line with the company's guidance and 15% more than its already notable figures in the third quarter. Tesla shares tumbled more than 8 per cent at the opening bell, to $304.69. Chief Executive Elon Musk is under intense pressure to deliver on his promise of stabilizing production for the company's mass market sedans, seen crucial to it easing a cash crunch and achieving long-term profitability.

Markets Rapid City Kmart to close their doors in 2019
Author: 0 Rapid City Kmart to close their doors in 2019

All locations included in the release will be closed by late March 2019, with liquidation sales beginning in as little as two weeks. The closings are part of the company's "processes to accelerate its strategic transformation and facilitate its financial restructuring".

Markets A Transformer Explosion Turned the New York City Skyline Blue
Author: 0 A Transformer Explosion Turned the New York City Skyline Blue

The NYPD also took to Twitter shortly after the incident to inform concerned citizens that the flashing blue lights were due to a transformer explosion . It's not everyday that the night sky is lit up with pulsing blue light , so naturally, the internet had a field day with this event. Power resumed later in the night, BuzzFeed News reports .

Markets Markets are full of angst as Wall Street returns from Christmas break
Author: 0 Markets are full of angst as Wall Street returns from Christmas break

Energy stocks gained the most as oil prices notched their biggest gain in more than two years. Concerns about the economic growth outlook, the U.S. ( NASDAQ: AMZN ) in percentage terms. US stocks rose modestly on Wednesday, boosted by technology shares and an Amazon-led jump in retailers, helping pull the S&P 500 from the brink of bear market territory following punishing few sessions.

Markets 'Christmas Miracle': US Stock Market Experiences Record Rally a Day After Fall
Author: 0 'Christmas Miracle': US Stock Market Experiences Record Rally a Day After Fall

The previous record point gain for the Dow was 936.42 on October 13, 2008, when markets were whipsawed nearly daily by developments in the financial crisis, which was then in full swing. The rally in NY fed through to Japan, where the Nikkei pulled out of bear market territory to turn 4% higher overnight. Inc ( AMZN .O) jumped 4.02 percent after reporting a "record-breaking" season.

Markets Wall Street swoons as government shutdown deadline looms
Author: 0 Wall Street swoons as government shutdown deadline looms

The S&P 500 index slumped 39.54 points, or 1.6 percent, to 2,467.42. The benchmark S&P 500 index is in what Wall Street calls a correction, and is headed toward a bear market, threatening to end the more than 9-year US bull market run. Relative to their size, they also tend to carry more debt than larger companies, which could be a problem in a slower economy with higher interest rates .

Markets Altria Buys 35 Percent Stake In E-Cigarette Maker Juul
Author: 0 Altria Buys 35 Percent Stake In E-Cigarette Maker Juul

MO, +1.00% rallied 1.5% in afternoon trade Wednesday, to bounce off the previous session's 3 1/2-year closing low, after The Wall Street Journal reported that the cigarette seller was near a deal to take a 35% stake in e-cigarette startup Juul Labs Inc.

Markets Google to 'shut down plans' for censored Chinese search engine
Author: 0 Google to 'shut down plans' for censored Chinese search engine

Dragonfly , the Google project to develop a search engine that would satisfy China's censorship requirements relies on pre-empting the appearance of search results that the Chinese authorities may find offensive. However, as one source told the publication, "the 265 data was integral to Dragonfly ". The Dragonfly efforts led to the resignation of several Google employees and prompted more than 700 to sign a letter to Pichai calling for it to be halted last month.

Markets President Putin says West trying to 'hold back' powerful Russian Federation
Author: 0 President Putin says West trying to 'hold back' powerful Russian Federation

Russian Federation said on Wednesday it would not let the United States inspect a new nuclear-capable cruise missile at the heart of a dispute between Washington and Moscow that risks unravelling a landmark arms control treaty. The UK is one of a number of Western countries that have enacted economic sanctions against Russia over its annexation of the Ukrainian territory of Crimea and the nerve agent attack on former Russian spy Sergei Skripal in southern England.

Markets YouTuber Builds Glitter Bomb Trap That Farts on Package Thieves
Author: 0 YouTuber Builds Glitter Bomb Trap That Farts on Package Thieves

The former NASA engineer-turned-YouTube star has received plaudits online after designing a booby trap to avenge all those who've fallen victim to a new wave of neighborhood crime: doorstep delivery theft. He made the decoy box appear to be an Apple HomePod but it was sent from Kevin McCallister from " Home Alone " (and even includes the address of the home that was used for the exteriors), The recipients were the Wet Bandits themselves Harry and Marv - Kevin's enemies.

Markets California farm linked to tainted romaine recalls cauliflower, lettuces
Author: 0 California farm linked to tainted romaine recalls cauliflower, lettuces

Officials believe filtered and treated water from the reservoir may have come in contact with the produce after it was harvested, but said none of the water has tested positive for E. "The condition can lead to serious kidney damage and even death". A previous version of this story mistakenly said that Health Canada issued the recall .

Markets Kotak positive on GAIL, ONGC after OPEC production cut decision
Author: 0 Kotak positive on GAIL, ONGC after OPEC production cut decision

Azerbaijan presented data on its daily oil production in November 2018 to the OPEC Joint Technical Committee as part of the Vienna Agreement, Trend reports citing the Azerbaijani Energy Ministry. Based on International Energy Agency's (IEA) forecast, Kotak estimates that incremental non-OPEC supply supported by rising production from the U.S.

Markets UK PM Theresa May ends tour without EU Brexit concessions
Author: 0 UK PM Theresa May ends tour without EU Brexit concessions

Had a majority voted against her, May would have been forced to resign as party leader and would have been expected to stand down as prime minister. May said before the vote that it was "now clear" the backstop needs to be temporary, and that she was confident she could still win approval in Parliament for her withdrawal plan with further assurances from the EU.

Markets Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver
Author: 0 Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver

Huawei said in a statement that Meng was arrested while changing planes in Canada and that she faced unspecified charges from the Eastern District of NY. Asia stocks slumped w/ US Futures as US-China trade tensions escalate once again after Canada arrested Huawei CFO for extradition to US AND US yield curve edged closer toward inversion.

Markets Protests as Saudi crown prince arrives in Tunisia
Author: 0 Protests as Saudi crown prince arrives in Tunisia

The crown prince was accompanied by several high-ranking Saudi officials, including the foreign, trade and interior ministers and the head of general intelligence, the official Saudi Press Agency said . Thus far, however, efforts in the House and the Senate to pass legislation that would use the War Powers Act to curtail U.S. military and intelligence support for Saudi Arabia have either fallen short or been stymied by leaders before they could ever get to the floor.

Markets Bitcoin sinks to new 13-month low
Author: 0 Bitcoin sinks to new 13-month low

It seems the trend turned bearish for almost every cryptocurrency , except for USD Coin, QASH and Dai showing minor increase. Digital assets have now lost nearly US$700 billion of market value since crypto-mania peaked in January, according to CoinMarketCap .com.

Markets NY taxpayers to pay $48,000 per Amazon HQ job
Author: 0 NY taxpayers to pay $48,000 per Amazon HQ job

Long Island City and Crystal City would meet Amazon's other requirements: be near a metropolitan area with more than a million people; be within 45 minutes of an worldwide airport; have direct access to mass transit; and have room to expand.

Markets Flight attendant breastfeeds hungry infant inflight
Author: 0 Flight attendant breastfeeds hungry infant inflight

She nursed the child in the galley until the baby fell asleep. When she went to her mother to ask if everything was okay - it turned out that the woman had run out of milk mixture. Organo said she knew this flight would be special as it was her first one as a qualified Crew Evaluator. "The baby was so hungry, the way she latched on".

Markets U.S. payrolls rise more than forecast as wage gains hit 3.1%
Author: 0 U.S. payrolls rise more than forecast as wage gains hit 3.1%

Employers added 250,000 jobs in October, more than analysts expected, as the jobless rate remained at 3.7 percent, a almost 50-year low, the Labor Department said Friday. Analysts are cautiously optimistic after President Donald Trump said Thursday that he plans to meet with Chinese leader Xi Jinping at a multilateral summit this month.

Markets How to get a free Google Home Mini speaker from Spotify
Author: 0 How to get a free Google Home Mini speaker from Spotify

This plays in well with Google's plan to get the Google Assistant in every single home in the world, starting with these United States of America. There's sure to be more information available at spotify.com/us/family/ once the promotion actually starts.

Markets United States stocks slide, erasing gains from a rally a day earlier
Author: 0 United States stocks slide, erasing gains from a rally a day earlier

Bond prices rose, sending yields lower, as investors seek less risky assets. The S&P 500 lost 3.1 per cent to 2,656.10 and has lost about 9.4 per cent from its September 20 peak. Top of the list is the U.S. trade war with China. Amazon and Google parent company Alphabet slumped after both companies reported quarterly reported revenue figures that fell short of analysts' estimates.

Markets Thanks to the Model 3, Tesla finally turned a profit last quarter
Author: 0 Thanks to the Model 3, Tesla finally turned a profit last quarter

Tesla CEO Elon Musk once again pointed out that the company now did not intend to raise equity or debt. "I am incredibly excited about what lies ahead". "Currently, Teslas face a 40-percent import duty in China, creating artificially low demand". Investors have been calling on Ford to detail a promised $11 billion worth of cuts that were promised during the next five years as the company tries to right-size itself to better compete globally.

Markets Georgia's Education wins big due to Mega Millions Historic Jackpot
Author: 0 Georgia's Education wins big due to Mega Millions Historic Jackpot

The record jackpot had set off a lottery frenzy across America, with people lining up at convenience stores , supermarkets and liquor stores to buy a $2 ticket that gave them a roughly one in 300 million chance of winning. Unless the victor chooses to come forward, the world may never know who won. "He'd be good for the business". And the individual with the winning Mega Millions ticket will have to make a big decision: Take the lump sum or annual payments? If it's not claimed, the money ...

Markets Kashoggi murder: Turkish intelligence shares 'evidence' with CIA
Author: 0 Kashoggi murder: Turkish intelligence shares 'evidence' with CIA

The killing has seen bipartisan condemnation from both Democratic and Republican senators in the United States, although US President Donald Trump said he found the Saudi explanation " credible ". But the president appeared more open on Tuesday to punishing the Saudi government, telling reporters in the Oval Office he would consider jeopardizing military sales if the Saudi government was officially behind the killing.

Markets Mega Millions means money for education - but how much?
Author: 0 Mega Millions means money for education - but how much?

Gilliland said five $50,000 Powerball tickets were sold in Fredonia, a northern Arizona city, Tucson and Phoenix since October 13 and nine $10,000 Mega Millions tickets were sold, mainly in the Phoenix area, since October 12. Players have 365 days after the date of a drawing to claim prizes. Officials don't have an estimate on how many tickets would be sold for that potential drawing , and they haven't said how large the estimated prize would be.

Markets Italy to respond to European Union in time-PM office - English
Author: 0 Italy to respond to European Union in time-PM office - English

Luigi Di Maio told a late-night talk show that the draft presented to the Italian president contained a proposal to extend a tax amnesty on money held overseas and brought back to Italy. 19, 2018. He said that the 2.4 percent deficit in and of itself was not the key issue. Italy projects this will widen by 0.8 percent, more than the 0.6 percent improvement Brussels wants.

Markets Saudi attorney general says Khashoggi was killed during fight in consulate
Author: 0 Saudi attorney general says Khashoggi was killed during fight in consulate

However, in a conflicting report, an unidentified official told Reuters on Sunday that a team of 15 agents had acted without Crown Prince Mohammed bin Salman's authorisation to kidnap the journalist. Two days after Khashoggi's disappearance, Saudi Crown Prince Mohammed bin Salman told Bloomberg News that the journalist had left the consulate. "It's early, we haven't finished our review or investigation".

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