U.S. stocks were on course to open sharply lower Tuesday after North Korea fired a ballistic missile that flew over the northern tip of Japan. But a rise in consumer confidence could help to calm roiled markets. The Conference Board publishes its monthly Consumer Confidence Index reading Tuesday shortly after the market opens, and some […]
Read moreAUSTIN, Tex. — “The reality is that government, for a long period of time, has for whatever set of reasons become less functional and isn’t working at the speed that it once was. And so it does fall, I think, not just on business but on all other areas of society to step up.” That […]
Read moreLitecoin, the fifth-largest cryptocurrency by value and rival to bitcoin, has rallied nearly 1,400 percent since the start of the year after hitting a record high price. On Monday, litecoin hit an all-time high of $64.2, marking a 1383 percent rise since January first where it traded at $4.33, data from industry website Coinmarketcap.com showed. […]
Read moreProSiebenSat.1 Media SE said it was looking for possible external investors to back its content production and digital commerce businesses, potentially via separate stock market listings. “The company will enter discussions with interested third parties regarding a potential co-investment in or business combinations with its content production and digital commerce businesses through their respective holding […]
Read moreThe height of the northern hemisphere summer has produced its usual bout of stock market weakness with the unloved rally losing suitors after a string of corporate earnings, North Korea tension, White House politics and uncertainty over monetary policy all cited as reasons to lighten up on stocks in August. Big money though has already […]
Read moreHamas’ new leader in the Gaza Strip said Monday his group has repaired relations with Iran after a five-year rift and is using its newfound financial and military aid to gear up for new hostilities with Israel. The announcement by Yehiyeh Sinwar came as U.N. Secretary-General Antonio Guterres was visiting Israel. At a meeting with […]
Read moreCurrency, United States Finance
Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. The automakers are attempting to tap into a boom for such cleaner “new energy” vehicles in […]
Read moreUber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up to five minutes after a trip, its security chief told Reuters, as the ride-services company tries to fix its poor reputation for customer privacy. The change, which restores users’ ability to share location data only […]
Read moreMyanmar security forces intensified operations against Rohingya insurgents on Monday, police and other sources said, following three days of clashes with militants in the worst violence involving Myanmar’s Muslim minority in five years. The fighting – triggered by coordinated attacks on Friday by insurgents wielding sticks, knives and crude bombs on 30 police posts and […]
Read moreThe teenage years aren’t always the smoothest, and life was no different for four of the world’s most successful chief executives. They may be heavy hitters now, but before they made it, they included an awkward adolescent, a teen factory worker, a “terrible” student and a 16-year-old who held three jobs. Bill McDermott, now CEO […]
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