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Tencent Music hits low pitch after first earnings report exposes costs

Chinese streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company, meeting market expectations but exposing soaring license and content production costs which pulled its ...
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Kale joins list of ‘dirty dozen’ fruits and vegetables most likely to contain pesticides

Almost 70% of the produce sold in the U.S. comes with pesticide residues. ...read more Read more here: Kale joins list of ‘dirty dozen’ fruits and vegetables most likely to ...
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Paul Manafort charged with committing residential mortgage fraud — which is more common than you’d think

Mortgage fraud risk has risen substantially in recent years as refinance activity has dried up for lenders. ...read more Read more here: Paul Manafort charged with committing residential mortgage fraud ...
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Boeing reshuffles top engineers amid 737 MAX crisis

Boeing Co's commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737 MAX aircraft, has brought in a new vice president of engineering while ...
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Asian shares hold near six-month high on hopes of dovish Fed

Asian shares got off to a cautious start on Wednesday, holding close to six-month highs on hopes the U.S. Federal Reserve will stick to a dovish stance and unveil a ...
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Apple wants to change the way you watch sports

If Apple Inc. gets its way, you might never miss a sports highlight again. ...read more Read more here: Apple wants to change the way you watch sports Category: businessNews ...
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Democrats seek probe of key FAA decisions on 737 MAX approval

The chairman of the U.S. House of Representatives transportation committee and another key Democrat asked the Transportation Department's inspector general on Tuesday to examine key decisions made by the Federal ...
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FedEx cuts profit forecast again on economy, Express woes

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down more than 5 percent and fueling fresh worries it is ...
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Looking for Confirmation to Be More Bullish

The S&P 500 consolidated ahead of the FOMC while small caps lag. What can palladium vs. copper tell us about the commodity market? ...read more Read more here: Looking for ...
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Why Advanced Micro Devices, StoneCo, and Sibanye Gold Jumped Today

Tuesday was an up and down day on Wall Street with major market benchmarks ending the trading session mixed Issues drawing the most attention from investors included the status of ...
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Why AMD Stock Surged Today

What happened Shares of Advanced Micro Devices NASDAQ AMD jumped on Tuesday after Alphabet s NASDAQ GOOG Google unveiled its Stadia cloud gaming platform The platform runs on Google Cloud ...
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Happy Centennial, Junior Achievement!

Happy 100th Junior Achievement This year marks a special occasion for Junior Achievement USA as it celebrates its centennial anniversary With its purpose to inspire 160 and prepare young people ...
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FedEx cuts 2019 forecast again, shares drop 5 percent

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down 5 percent and fueling fresh worries it is losing ground ...
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Wall Street gives up gains on news of troubled trade talks

The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault ...
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Tencent Music meets profit estimates in first earnings report, shares fall

China-based music streaming company Tencent Music Entertainment Group on Tuesday posted an in-line quarterly adjusted profit, in its first earnings report since going public. ...read more Read more here: Tencent ...
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Ameriprise Financial Announces Fixed Annuity Reinsurance Transaction with Global Atlantic

...read more Read more here: Ameriprise Financial Announces Fixed Annuity Reinsurance Transaction with Global Atlantic ...
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For Rates, Tomorrow Brings Bigger Risks; Once Thought Inferior, Automated Appraisals Finding Their Place

Mortgage rates were flat for the 4th day in a row today in a sign that investors have largely taken their seats for tomorrow's big show. The Fed will release ...
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Stakes rise for Boeing as EU, Canada step up scrutiny of 737 MAX after crashes

Europe and Canada said they would seek their own guarantees over the safety of Boeing's 737 MAX, further complicating plans to get the aircraft flying worldwide after they were grounded ...
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Makeup brand Glossier valued at over $1 billion in latest funding round

Glossier Inc, the online cosmetics company with a cult following among millennials, was valued at over $1 billion in a latest funding round led by Sequoia Capital, joining a clutch ...
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U.S. transportation chief seeks audit of Boeing 737 MAX certification

U.S. Transportation Secretary Elaine Chao said on Tuesday she had asked the department's inspector general to audit the Federal Aviation Administration's certification of the Boeing 737 MAX after two fatal ...
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Comcast’s Top Subsidiaries

The Comcast Corporation is the second-largest cable television and broadcasting company in the world. The acquisitions and subsidiaries below have helped it to achieve this impressive status. ...read more Read ...
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Do this to ward off a case of the Mondays

This morning trick is ‘a low-effort strategy that employees can use in order to start their work day in an optimal way,' researchers say. ...read more Read more here: Do ...
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FOMC Likely to Deliver Balanced Statement Wednesday

Moving the federal funds rate higher or lower will be data dependent, but I believe the rate will stay at 2.25% to 2.50% through 2019. ...read more Read more here: ...
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U.S. bank regulator fines Citigroup $25 million for violating fair lending rules

The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it had fined Citigroup $25 million for violating the Fair Housing Act by denying some borrowers preferential ...
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AMD Tests Highs After Intel Issues and Gaming Comments

Shares of Advanced Micro Devices moved higher Tuesday amid concerns that Intel could be facing another major security vulnerability. ...read more Read more here: AMD Tests Highs After Intel Issues ...
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General Motors to invest $2.7 billion in Brazil’s Sao Paulo over five years

General Motors Co said on Tuesday it would invest 10 billion reais ($2.65 billion) in two of its Brazilian plants in Sao Paulo state over the next five years, reversing ...
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