The Dow Jones Industrial Average, the S&P 500 and Nasdaq surged to intraday record highs Thursday after China and the U.S. agreed to roll back tariffs on each other’s goods in phases as they work toward a trade pact. In addition; XRX, QCOM, AAPL, and MSFT are reaping the rewards of this trending upswing. The […]
Duncan Oleinic
The Dow is Taking a Dip Along With These Doosies
Shares of Altice USA, Inc. (ATUS) opened at $25.75 and are currently trading at $25.56. More than 41,446,099 shares exchanged hands compared to an average daily volume of 5,021,793 shares. At the current pps, the market capitalization stands at 21.093B. Analyst are currently predicting a target of $34.23 for Altice USA, Inc. ALTICE USA REPORTS […]
LYFT Inc (NASDAQ:LYFT) Replaces The All-Access Plan With The Cheaper Lyft Pink Membership
In an effort to serve its customers better, LYFT Inc (NASDAQ:LYFT) replaced the All-Access plan with the revamped and cheaper Lyft Pink Membership. The All-Access Plan required the Lyft users to pay $299 every month, to access 30 trips within that month. However, each of these 30 trips had a limit of $15. With the […]
Roku Inc (NASDAQ:ROKU) Acquires Dataxu For $150 Million To Get A Bigger Pie Of The Ad Market
Roku Inc (NASDAQ:ROKU) plans to take over Dataxu for $150 million in stock and cash. The company streams more ad support hours when compared to Over-The-Top (OTP) platform. With this takeover, Roku plans to get a significant share of the ad market. Software to manage ad spend Roku, which is engaged in the manufacture of […]
CVS Health Corp (NYSE:CVS) Suspends Sale of Zantac Over Cancer Concerns
CVS Health Corp (NYSE:CVS) has announced that will no longer sell heartburn drug Zantac which the FDA is investigating for links to cancer. The company announced on Saturday that it was suspending over-the-counter sales of the drug as a caution. Zantac could have cancer casing carcinogen The move comes after concerns from several countries about […]
Temporary Workers at the Centre of Negotiations Between General Motors (NYSE:GM) and UAW
The United Auto Workers’ strike against General Motors (NYSE:GM) has entered its 10th day with several issues under consideration. But the parties are arguing most about on point, which is the use of temporary employees. Differences in compensation for Temporary workers The temporary workers are at the center of negotiation between the company and the […]
Twitter and Square CEO, Jack Dorsey Says Bitcoin Is Still Far From Being A Functional Currency
Twitter Inc. (NYSE:TWTR) and Square Inc. (NYSE:SQ) CEO, Jack Dorsey indicated that despite growing adoption of Bitcoin (BTC) it is still far from being a currency. Bitcoin still far from being a global currency Dorsey told Australian Financial Review on Wednesday that the leading cryptocurrency will continue enjoying growing adoptions. Several small-fiat currencies are joining […]
Auto Buyers In China Cheers On Tesla Inc (NASDAQ:TSLA) Offering A 10% Discount
Tesla Inc (NASDAQ:TSLA) announced a 10% discount for Tesla vehicle buyers in China. This discount is on the backdrop of MIIT (Ministry of Industry and Information Technology) in China, allowing a purchase tax exemption for the buyers of Tesla vehicles. Sixteen vehicle configurations of Tesla qualify for the tax exemption. The tax exemption is good […]
Significant Phone Companies Sign Agreement with All 50 States to Block Robocalls
Major Phone carriers in the US have indicated that they will provide their customer with free tools to block robocalls. This is part of an agreement signed by Attorney Generals of 50 states including the District of Colombia with the telecommunications companies to eradicate the problem of illegal robocalls. Major carriers sign agreement to block […]
Alphabet Inc (NASDAQ:GOOG) Says Its Employees Are Against Collaborations With US Border Agencies
Alphabet Inc (NASDAQ:GOOG) may not enter a cloud computing contract with one of the US border agencies. US Customs and Border Protection (CBP) agency had earlier expressed its intention to work with the search giant. However, the plan won’t go through because Google may eventually bow to the opinion of its employees. Employees pin down […]
Alphabet Inc (NASDAQ:GOOGL) Subsidiary Google Faces Pressure From Senators To Grant Full-Time Status To Contractors
U.S senators have called upon Google, a subsidiary of Alphabet Inc (NASDAQ:GOOGL) to grant full-time employee status to contractors that have worked for the company for more than six months. The U.S senators want Google to start giving contract workers full employment status once they have worked for the tech company for more than six […]
Uber Technologies Inc. (NYSE:UBER) Lays Off Part of Its Global Marketing Team
On Monday The New York Times reported that taxi hailing services company Uber Technologies Inc. (NYSE:UBER) had laid off close to 400 employees from the global marketing team a week before the company releases its Q2 2019 earnings report. Uber looks to cut on spending The laid off employees are drawn from the company’s 75 […]
Retailers Rush to Cash in on Amazon’s (NASDAQ:AMZN) Prime Day
In mid-July every year, Amazon (NASDAQ:AMZN) offers a shopping holiday to shoppers subscribed to Amazon Prime. The event lasts for 36 hours and offers the best opportunity for shoppers to amass gifts due to stellar savings. This year, rival retailers are in the game and they want to give the online retail giant a run […]
OncBioMune Shows Compelling Results Compared to Paclitaxel in Ovarian Cancer Experiment
Despite a plethora of advancements in cancer care in recent decades, ovarian cancer remains a great challenge. In 2019, an estimated 22,530 women will be diagnosed with the ovarian cancer, while the disease will take the lives of about 13,980 women, making it the fifth most lethal form of cancer in the U.S. It was […]
Standard Chartered Pioneers Bank Guarantees On Blockchain In Partnership With Siemens
In the industry’s first, Standard Chartered is joining forces with Siemens Financial Services to work on blockchain-based bank guarantees. The report, which appears on IBS Intelligence, details that the partnership will include TadeIX, a blockchain technology company. The financial giants want to upgrade the traditional “paperful” process to a decentralised digital platform which is “paperless”. […]
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