Your Tom Cruise fix is going to have to wait a bit longer. Paramount Pictures on Wednesday moved back the release dates for Cruise’s next two films yet again, due to concerns that COVID-19 will continue to hurt the movie-theater business. “Top Gun: Maverick,” which was expected to premiereRead More →
© Reuters. FILE PHOTO: A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, U.S., April 10, 2017. REUTERS/Lucy Nicholson (Reuters) – Southwest Airlines (NYSE:) Co became the first big U.S. carrier to warn of a hit fromRead More →
Coinbase, the largest cryptology exchange in the United States, believes that other countries are much more open than America in terms of regulation and taxes on cryptology . Lawrence Zlatkin, director of tax at Coinbase, shared the exchange’s perspectives on taxation and the global cryptocurrency market at a UnitizeRead More →
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete orRead More →
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to aRead More →
While investors may be tired of hearing how virus-complacent they are, as stocks keep busting records, our call of the day from Goldman Sachs is saying exactly that. “In the nearer term…we believe the greater risk is that the impact of the coronavirus on earnings may well be underestimated inRead More →
© Reuters. A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong SYDNEY (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd (HK:) plans to cut around 30% of its capacity over the next two months, including around 90% of its flightsRead More →
© Reuters. People wearing protective masks are seen in an Apple Store, as China is hit by an outbreak of the new coronavirus, in Shanghai (Reuters) – Apple Inc (NASDAQ:) on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9.Read More →
SEOUL (Reuters) – Samsung Electronics (KS:) partly halted some semiconductor production at its Hwaseong chip complex in South Korea after about a minute-long blackout on Tuesday afternoon, the company said on Wednesday. Some DRAM and NAND flash chip production lines were stopped after electricity was cut due to a problemRead More →
By Victoria Waldersee LISBON (Reuters) – Sixteen flights to and from Lisbon airport have been canceled this weekend as a result of a three-day strike by airport workers, with more cancellations and delays likely before the action ends on Sunday evening. A spokesman for the National Union for Civil AviationRead More →
© Reuters. Investing.com – The much-anticipated launch of Walt Disney’s (NYSE:) streaming service Disney+ Tuesday was greeted by customers with frustration (but maybe enthusiasm by investors) as the service faced technical problems due to overwhelming demand. Users hoping to log in or sign up were much with time-outs at loginRead More →
© Reuters. Aftermath of a protest against the increase in subway ticket prices in Santiago SANTIAGO (Reuters) – At least three people died after a supermarket in the Chilean capital Santiago was set alight by demonstrators, while many flights into the city’s airport were suspended as crew were unable toRead More →
© Reuters. FILE PHOTO: A GMC 2016 Yukon Denali pickup truck is displayed on the show floor as carpenters work on the GMC display stand before press days of the North American International Auto Show at Cobo Center in Detroit By David Shepardson WASHINGTON (Reuters) – General Motors Co (N:)Read More →
Fires are burning in the Amazon. Again. New data from Brazil’s space research agency shows the devastation. The National Institute for Space Research (Inpe) said its satellite data showed an 84% increase in fire loss from the same period in 2018, well greater than what might typically be expected fromRead More →
© Reuters. FILE PHOTO: John Kapoor arrives at the federal courthouse in Boston (Reuters) – Insys Therapeutics Inc said on Friday that a cash crunch resulting from legal costs related to a U.S. Justice Department probe into sales practices for the company’s powerful opioid medication and other litigation may leadRead More →
© Reuters. FILE PHOTO: The Occidental Petroleum Corp headquarters in Los Angeles By Jennifer Hiller HOUSTON (Reuters) – T. Rowe Price Group Inc said on Monday it intends to vote against the Occidental Petroleum Corp (NYSE:) board of directors because the oil company will not allow shareholders to vote onRead More →
© Reuters. Russia’s Rusal first-quarter VAP sales down 44 percent due to U.S. sanctions MOSCOW (Reuters) – Russian aluminum producer United Company Rusal Plc has reduced its first-quarter sales of value added products (VAP) by 44 percent from a year ago and by 22 percent from the last quarter ofRead More →
© Reuters. Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death (Reuters) – U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than 30 infant deaths. The regulator saidRead More →
