Foreign buyers inch back into Vancouver housing market Foreign buyers inch back into Vancouver housing market: Foreign nationals were behind 5 percent of home purchases in Metro Vancouver in September, up from about 0.9 percent in August 2016, the month the 15 percent levy was enacted in response to offshore […]
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Wal Mart triples online items lowers prices as holiday season kicks in Wal Mart triples online items lowers prices as holiday season kicks in: The world’s largest retailer said it tripled its online selections for the holiday season to 60 million items, and that it would provide free two-day shipping […]
Apple could drop Qualcomm components in next years iPhones iPads Apple could drop Qualcomm components in next years iPhones iPads: The change would affect iPhones released in the fall of 2018, but Apple could still change course before then, these people said. They declined to be identified because they were […]
SoftBank Deutsche Telekom hit wall in Sprint T-Mobile talk SoftBank Deutsche Telekom hit wall in Sprint T-Mobile talk: In a board meeting at Japan’s SoftBank on Friday, several directors expressed doubts about giving up control of Sprint in any deal, the sources said, the latest twist in on-and-off talks to […]
Telekom CEO argues for strong No. 3 player in U.S. wireless market Telekom CEO argues for strong No. 3 player in U.S. wireless market: Chief executive officer Timotheus Hoettges also urged the new German government to think twice before selling down its large stake in Deutsche Telekom, according to an […]
GE Board did not know about CEOs extra plane GE Board did not know about CEOs extra plane: General Electric Co (GE.N) executives did not tell the multinational conglomerate’s board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street Journal reported […]
Oil up 2 percent Brent hits $60 per barrel on support for extending curbs Oil up 2 percent Brent hits $60 per barrel on support for extending curbs: Saudi Arabia and Russia declared their support for extending an OPEC-led deal to cut supplies for another nine months, the Organization of […]
U.S. wants to remove unnecessary barriers to self-driving vehicles U.S. wants to remove unnecessary barriers to self-driving vehicles: The auto safety agency said in a report that it wants to find any “unnecessary regulatory barriers” to self-driving cars “particularly those that are not equipped with controls for a human driver.” […]
Dow S&P gain but Nasdaq dips as healthcare lags Dow S&P gain but Nasdaq dips as healthcare lags: DowDuPont (DWDP.N) was up 2.8 percent as the biggest boost to the S&P 500. It forecast third-quarter profit well above Wall Street’s expectations ahead of the combined company’s first earnings report next […]
Euro tumbles against dollar Treasury yields up Euro tumbles against dollar Treasury yields up: The dollar index .DXY rose 0.99 percent, with the euro EUR= down 1.35 percent to $1.1653 after the ECB said it would cut its bond purchases in half to 30 billion euros a month from January. […]
