Nvidia investors should ignore the noise about a Tesla-AMD partnership Nvidia investors should ignore the noise about a Tesla-AMD partnership: Shares of Nvidia Corp. sank in active trade Thursday, amid worries that Tesla Inc. was now working with Advanced Micro Devices Inc. on self-driving cars, but some analysts suggested those […]
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J&J ordered to pay $417 million in trial over talc cancer risks J&J ordered to pay $417 million in trial over talc cancer risks: A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company’s […]
Looming housing slowdown clouds Home Depot’s strong results Looming housing slowdown clouds Home Depot’s strong results: Home Depot Inc (HD.N) raised its full-year forecasts but concerns over a looming slowdown in the U.S. housing market due to supply constraints weighed on the retailer’s stock. Shares of the No. 1 U.S. […]
After a long drought, bear market funds attract buyers After a long drought, bear market funds attract buyers: Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive. U.S. mutual funds that attempt to profit in […]
Stocks, dollar extend slide as U.S., North Korea tensions intensify Stocks, dollar extend slide as U.S., North Korea tensions intensify: Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, […]
Disney pays at least $177 million to settle ‘pink slime’ case Disney pays at least $177 million to settle ‘pink slime’ case: Walt Disney Co paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC network by Beef Products Inc., […]
Strong U.S. jobs report bolsters case for further Fed tightening Strong U.S. jobs report bolsters case for further Fed tightening: U.S. employers hired more workers than expected in July and raised their wages, signs of labor market tightness that likely clears the way for the Federal Reserve to announce a […]
Exxon mulls Beaumont refinery crude unit addition Exxon mulls Beaumont refinery crude unit addition: ExxonMobil Corp is considering expanding light crude processing capacity at its Beaumont, Texas, refinery with the addition of a third crude distillation unit, a company spokeswoman said on Thursday. If approved, construction could begin on Unit […]
S&P 500 dented by earnings; Dow hits record high S&P 500 dented by earnings; Dow hits record high: The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies. The Dow industrials, […]
Starbucks puts spotlight on China as U.S. growth cools Starbucks puts spotlight on China as U.S. growth cools: Starbucks Corp’s (SBUX.O) new chief executive said the world’s biggest coffee chain is making a long-term investment in China, amid worries that growth from its dominant U.S. market is cooling. Kevin Johnson, who […]
