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Category: Business

 

Economic turmoil hits Turkey, US bank stocks react

FOXBUSINESS.COM – Plunge in countrys currency shaking investors confidence in the economy.

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Adidas shares jump as North America growth outpaces Nike

REUTERS.COM – German sportswear firm Adidas reported higher than expected second-quarter results on Thursday, as its sales growth continued to outpace rival Nike in North...

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Tesla starts hiring for new $2 billion Shanghai plant

REUTERS.COM – Tesla Inc has started hiring for a new factory in Shanghai, according to job postings on its website, just a month after the...

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S&P nears record as bank, tech stocks climb

REUTERS.COM – The S&P 500 index hovered near record levels on Tuesday, lifted by gains in bank and technology shares, with a strong second-quarter earnings...

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Too Little Too Late: Bankruptcy Booms Among Older Americans

NYTIMES.COM – The rate of those 65 and older filing for bankruptcy is three times what it was in 1991, a new study finds, as...

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Wall Street eyes more gains from Apple, its cheapest $1 trillion stock

REUTERS.COM – Shares in Apple Inc edged higher on Friday, bobbing close to the iPhone maker’s $1 trillion valuation milestone, but Wall St was just...

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Apple Earnings Up, Credit iPhone X

MEDIAPOST.COM – For the quarter ended June 30, the tech and media giant reported revenue of $53.3 billion, which represented an annual increase of 17%,...

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S&P 500, Nasdaq rise as Apple hits $1 trillion mark

REUTERS.COM – Technology stocks pushed the S&P 500 and Nasdaq higher on Thursday, driven by Apple shares as the iPhone maker became the first publicly...

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Mercedes-Benz is trying to get cheap luxury cars right

CNN.COM – Mercedes is entering tricky territory for a high-end automaker. “Affordable luxury” is an oxymoron and it can be difficult to manage the inherent...

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Goldman Sachs says it’s advising Tesla

CNN.COM – Elon Musk said Monday on Twitter that he is working with Goldman (GS) and the investment firm Silver Lake on his proposal to...

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What’s driving the Dow’s worst day in months?

CNN.COM – Markets Now American workers are in high demand Apple is now worth $1 trillion Tesla’s greatest invention is its ‘Hype Machine’ Watch: CNN...

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MoviePass just lost $132 a share and it’s trading at 5

CNN.COM – Helios and Matheson (HMNY), the owner of the subscription movie service, posted a $126.6 million loss in the second quarter, dwarfing its $2.7...

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