Asian shares gain ahead of Yellen, shrug off Trump controversy Asian shares gain ahead of Yellen, shrug off Trump controversy:- Asian shares gained on Wednesday after Wall Street managed to weather a fresh twist in the controversy over U.S. President Donald Trump’s alleged connection with Russia, while investors looked ahead […]
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Giving up the ghost: investors bail on Snap Giving up the ghost: investors bail on Snap:- While that is the premise of Snap Inc’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. Morgan Stanley, […]
Lawyer withdraws as attorney for Japanese mogul Okada in Wynn lawsuit Lawyer withdraws as attorney for Japanese mogul Okada in Wynn lawsuit:- A lawyer representing Japanese casino tycoon Kazuo Okada in a legal battle with Wynn Resorts Ltd on Monday withdrew his representation of Okada, the latest fallout from a […]
Elliott proposes $18.5 billion Oncor deal to top Buffett Elliott proposes $18.5 billion Oncor deal to top Buffett:- Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc’s (BRKa.N) deal for the Texas utility with […]
Buffett donates $3.17 billion to Gates charity, four others Buffett donates $3.17 billion to Gates charity, four others:- Warren Buffett on Monday donated roughly $3.17 billion of Berkshire Hathaway Inc stock to the Bill & Melinda Gates Foundation and four family charities, his largest contribution in a more than decade-long […]
Big financial woes linger in Illinois new budget Illinois’ first budget after two years is filled with partial outlines to address its debt-ridden pension system and unpaid bill backlog — signs that political fighting and the fiscal mess in the nation’s fifth-largest state are far from over. At least 15 […]
Plan for U.S. tax increase on rich not being considered Plan for U.S. tax increase on rich not being considered:- The Trump administration is not considering a plan to raise taxes on the wealthiest Americans in order to pay for tax breaks for the middle class, U.S. Treasury Secretary Steve […]
Stripe strikes global partnerships with China’s Alipay, WeChat Pay Stripe strikes global partnerships with China’s Alipay, WeChat Pay:- Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers. Starting […]
Wall Street climbs after jobs data as tech, financials rise Wall Street stocks closed on a high note Friday, with the S&P 500 index posting its best gain in six sessions on the heels of a U.S. payrolls report that gave investors more confidence in the strength of the U.S. […]
Apple challenges Imagination Technologies disclosure timing Apple challenges Imagination Technologies disclosure timing:- Apple Inc (AAPL.O) on Friday disputed the timeline of events leading up the disclosure by Imagination Technologies Group Plc (IMG.L) that Apple plans to drop the graphics chip supplier, a loss of the UK company’s largest customer that […]