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. […]
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., […]
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, […]
U.S. durable goods, trade data boost second-quarter growth estimate U.S. durable goods, trade data boost second-quarter growth estimate: Shipments of key U.S.-made capital goods increased in June for a fifth straight month, suggesting that business spending on equipment helped to boost economic growth in the second quarter. Signs that the […]
Jobs lift U.S. consumer confidence to near 16-year high Jobs lift U.S. consumer confidence to near 16-year high: U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after […]
Oil market rebalancing to speed up in second half Oil market rebalancing to speed up in second half: OPEC’s Barkindo A rebalancing of the oil market is progressing more slowly than expected, but it will speed up in the second half of the year, OPEC’s Secretary General Mohammad Barkindo said […]
