Financial inclusion is often cited as a reason for continued innovation in cryptography and blocking chains. With gatekeepers monopolizing the global financial scene, many poor people have been cut off from viable channels of economic prosperity. Products from crypto and block chains are increasingly opening up international payment corridors,Read More →
Attorney General William Barr on Sunday sought to rewrite the narrative surrounding President Donald Trump’s controversial decision to walk across Lafayette Square on Monday to briefly hold a photo-op at St. John’s Church. In a testy interview on CBS’s “Face The Nation” (video embedded below), Barr said the common viewRead More →
© Reuters. FILE PHOTO: Logo of General Motors is pictured at its plant in Silao NEW YORK (Reuters) – General Motors Co (N:) is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in AustraliaRead More →
By Mike Stone WASHINGTON (Reuters) – The former top U.S. military official, General Joseph Dunford, has been elected to the board of Lockheed Martin Corp (N:), the Pentagon’s largest weapons supplier, the company said on Friday. Dunford, who served as Chairman of the Joint Chiefs of Staff from 2015 toRead More →
Several rockets hit the Green Zone, a heavily fortified area in Baghdad that hosts the U.S. embassy and other diplomatic missions, on Saturday after thousands of people marched in a funeral procession through Iraq’s capital for Major General Qassem Soleimani, the Iranian military leader killed in a U.S. airstrike onRead More →
Crude oil prices skyrocketed and U.S. stock market futures fell on Thursday night following news that a top Iranian general and an Iraqi militia’s deputy commander were killed in a U.S. airstrike at Baghdad’s airport. The Associated Press reported an airstrike killed Gen. Qassem Soleimani, head of Iran’s elite QudsRead More →
© Reuters. Investing.com — Stocks in focus in premarket trade on Wednesday, 18th December. Please refresh for updates. 7:45 AM ET: FedEx (NYSE:) stock was down 7.6% after publishing a 40% drop in profit in its fiscal second quarter, due in part to Amazon.com (NASDAQ:) pivoting from customer to rivalRead More →
© Reuters. Investing.com – Shareholders of Australia-listed Westpac Banking Corp (ASX:) will gather at an annual general meeting on Thursday as the bank faces a money laundering scandal. The bank is likely to suffer a protest vote on pay that would trigger a second ‘strike’ and a vote on whetherRead More →
© Reuters. A Wells Fargo logo is seen in New York City By Bharath ManjeshR and Imani Moise (Reuters) – Wells Fargo & Co (N:) said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year. TheRead More →
NEW YORK (Reuters) – General Electric Co (N:) is not planning for the Boeing Co (N:) 737 MAX jetliner to return to service this year, GE Chief Executive Officer Larry Culp said during an earnings phone conference on Wednesday. Boeing has said it expects the jet to clear approval byRead More →
© Reuters. The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan By David Shepardson and David Alexander WASHINGTON (Reuters) – U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that the largest U.S. automaker, General MotorsRead More →
Getty Images Dollar General has managed tariffs so far, but the trade war between the U.S. and China presses on Dollar General Inc., PVH Corp. and other retailers used their earnings releases this season to highlight efforts to manage increased tariffs, showing just how close the trade war between theRead More →
© Reuters. FILE PHOTO: The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston By Alwyn Scott NEW YORK (Reuters) – A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric (NYSE:) Co that accused the company of concealingRead More →
By Alwyn Scott NEW YORK (Reuters) – General Electric (NYSE:) Co reinforced its defense of its accounting practices on Monday after investors asked more questions about an unusual research report last week that accused the jet engine and power plant maker of financial fraud. The 175-page report https://www.gefraud.com, published onRead More →
© Reuters. General Electric Falls 3% Investing.com – General Electric (NYSE:) fell by 3.21% to trade at $9.19 by 09:44 (13:44 GMT) on Friday on the NYSE exchange. The volume of General Electric shares traded since the start of the session was 7.70M. General Electric has traded in a rangeRead More →
© Reuters. FILE PHOTO: A traffic light is seen in front of a logo of General Electric at the company’s plant in Birr By Alwyn Scott NEW YORK (Reuters) – General Electric (NYSE:) Co said on Friday it plans to demolish a large power plant it owns in California afterRead More →
© Reuters. FILE PHOTO: The logo of US conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort NEW YORK (Reuters) – General Electric (NYSE:) Co is getting more “candor” from managers of its businesses by spending days – rather than hours as it previouslyRead More →
© Reuters. Investing.com – Stocks in focus in premarket trade Thursday: • Dollar General (NYSE:) stock soared 5.3% by 8:11 AM ET (12:11 GMT) after the retailer reported better-than-expected and comparable sales also topped consensus. • Express (NYSE:) stock surged 8.8% as the company’s turned out less than half whatRead More →
General Motors (NYSE:) is 110 years old. Founded in 1908, GM rose to dominate the US auto industry. But it declined in the 1980s and 1990s, and in 2009 it was bailed out and went bankrupt. By 2019, however, the definitive American corporation had recovered. The story of General MotorsRead More →
© Reuters. FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes (Reuters) – Facebook Inc (NASDAQ:) on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles and privacyRead More →
Cannabis stocks were mostly lower Thursday, a day after the top law enforcement official in the U.S. offered muted support for a bill that would protect companies in states that have legalized weed. Attorney General William Barr told a Senate committee that he would rather have the approach taken byRead More →
© Reuters. A sign welcomes visitors to the General Motors Lordstown Complex assembly plant in Warren WASHINGTON (Reuters) – U.S. President Donald Trump urged General Motors Co (N:) to reopen Ohio plant in a tweet on Saturday, ten days after the plant made its last Chevrolet Cruze. The last CruzeRead More →
© Reuters. FILE PHOTO: The logo of US conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort (Reuters) – General Electric (NYSE:) Co forecast adjusted earnings of 50 cents to 60 cents per share in its 2019 outlook on Thursday, below analysts’ expectations ofRead More →
© Reuters. The logo of US conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort By Alwyn Scott NEW YORK (Reuters) – Portfolio manager Michael Kon began buying General Electric (NYSE:) Co shares about a year ago and got more last fall after GERead More →
© Reuters. The GM logo is seen at the General Motors plant in Sao Jose dos Campos SAO PAULO (Reuters) – General Motors Co (NYSE:) said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned lastRead More →
