Sour Lululemon results may signal squeeze for athletic leisure lines Sour Lululemon results may signal squeeze for athletic leisure lines:- The steep drop in Lululemon Athletica's (LULU.O) stock price, following a sales warning that resulted from poor color choices in the company's spring collection, turns the spotlight on slowing growth […]
Wells Fargo must face litigation on defective mortgages Wells Fargo must face litigation on defective mortgages:- A federal judge on Thursday said Wells Fargo & Co (WFC.N) must face litigation seeking to hold it responsible for billions of dollars of claimed investor losses stemming from its alleged failures as a […]
Waymo-Uber judge says may grant injunction if key witness doesn't testify The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by […]
Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom:- U.S. private equity firm Silver Lake Partners LP and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip […]
U.S. economic growth revised higher, boosted by consumer spending U.S. economic growth revised higher, boosted by consumer spending:- U.S. economic growth slowed less than previously reported in the fourth quarter as robust consumer spending provided a boost that was partially offset by the largest gain in imports in two years. […]
Asia stocks mixed after strong Wall Street, dollar gains on U.S. data Asian shares were mixed and the dollar extended its overnight gains on Friday on signs of strong U.S. economic growth, while the euro inched up after sliding overnight on data suggesting slowing growth in Europe. MSCI's broadest index […]
2 White House Officials Helped Give Nunes Intelligence Reports 2 White House Officials Helped Give Nunes Intelligence Reports:- A pair of White House officials helped provide Representative Devin Nunes of California, a Republican and the chairman of the House Intelligence Committee, with the intelligence reports that showed that President Trump […]
Massive fire in Atlanta crumbles Interstate 85 bridge during rush hour A massive fire caused an interstate bridge to collapse during rush hour Thursday in Atlanta, just minutes after witnesses said police halted traffic and turned cars away from the crumbling overpass. However, officials said no one was hurt despite […]
Progressive Activism Has Surged Since Donald Trump Took Office Progressive Activism Has Surged Since Donald Trump Took Office:- President Donald Trump’s first months in office have been marked by a surge in liberal activism that’s persisted long beyond the women’s marches the day after his inauguration. Progressive groups are seeing […]
Daily Show Trevor Noah Calls Out Liar Ivanka Trump Daily Show Trevor Noah Calls Out Liar Ivanka Trump:- “Remember how Donald Trump and Ivanka promised they wouldn’t turn the White House into a mom and pop store?” Trevor Noah asked on Thursday night’s Daily Show. “Yeah, no nepotism, remember that? Well, clearly, they don’t.” […]