GameStop on Thursday reported first-quarter same-store sales that missed analysts’ estimates due to a drop in sales of video game hardware and software at its outlets. Shares of the world’s largest video game retailer fell 4 percent to $12.65 in extended trading. GameStop said its comparable store sales fell 5.3 percent in the latest quarter […]
Read moreGerman equities have come into focus as European markets were thrown into disarray this week. With so many headlines pushing these stocks around, it is worth dissecting them one by one, starting with the news out of Italy. As nationalism and populism continue to roil European equity and bond markets, fears that Italy could lean […]
Read morePresident Donald Trump has embarked on an unorthodox follow-up to cutting the taxes American families pay: raising the prices of goods they buy. Higher prices will result directly from tariffs the White House plans to impose on steel and aluminum imports from allies such as Canada, Mexico and the European Union as well as other […]
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UK reportedly considering giving Northern Ireland joint UK, EU status
The United Kingdom is considering attempting to break the deadlock in Brexit negotiations with a proposal to give Northern Ireland joint U.K. and European Union status so it can trade freely with both, a government official said. The government has considered proposing a 10-mile (16-km)-wide trade buffer zone along the border for local traders like […]
Read moreNorth and South Korea agreed Friday to hold military and Red Cross talks later this month on reducing tensions and resuming reunions of families separated by the 1950-53 Korean War. The rivals also agreed at a meeting of senior officials at the border village of Panmunjom to establish a liaison office at the North Korean […]
Read moreGoogle has blamed “vandalism” on Wikipedia for a search result that linked the California Republican Party to Nazism. House Majority Leader and California GOP Representative Kevin McCarthy had criticized Google on Thursday for including a “Nazism” tag under the Wikipedia definition of the state party. McCarthy called it a “disgrace” on Twitter. Tweet In response, […]
Read moreA top aide to Kim Jong Un will make a rare visit to Washington Friday to hand a letter from the North Korean leader to U.S. President Donald Trump, Secretary of State Mike Pompeo said after reporting “good progress” in talks between the two sides to revive an on-again, off-again nuclear summit. “I am confident […]
Read moreEach day, some 10,000 seniors turn 65 in the United States, and the majority of them are hoping to age in their own homes. The staggering number of aging Americans has created demand for home health-care workers — from nurses to aides and caregivers. Jobs in health care have already been growing at breakneck speed. […]
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Deutsche Bank CEO insists financial strength is 'beyond doubt' despite rating downgrade
The new chief executive of Germany’s flagship lender has conceded the bank faces an uphill battle against a barrage of bad “newsflow.” Deutsche Bank‘s long-running turmoil was dealt a fresh blow Thursday, when share prices tumbled after it was reported that the Federal Reserve labeled the bank’s U.S. business as being in a “troubled condition.” […]
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Spain’s leader Rajoy ousted in no-confidence vote with socialist party gaining power
Spain has a new prime minister after a parliamentary vote Friday led to the ousting of incumbent Mariano Rajoy. Speaking to the Spanish parliament just before the vote, Rajoy said he would accept the result and wanted to be the first to congratulate the leader of the opposition Socialist Party, Pedro Sanchez, as his successor. […]
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