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- Bloomberg•15 minutes ago
Philips Profit Shows How Plant Rejig Offers Trade War Remedy
(Bloomberg) -- Royal Philips NV’s efforts to revamp supply chains to mitigate the impact of the U.S.-China trade dispute are paying off, with the Dutch health-care company reporting better-than-estimated profit.The maker of scanners and diagnostic gear needs China as state-owned facilities invest in
- Bloomberg•2 hours ago
Trading Frenzy Grips China’s New Stock Venue After Big IPO Gains
(Bloomberg) -- They propelled a little-known semiconductor manufacturer to a 521% surge, traded a mid-sized railway company 13 times more feverishly than the world’s largest bank and valued a chipmaking-gear producer at an eye-watering 730 times earnings.Chinese investors greeted the opening of the country
- Bloomberg•3 hours ago
Asahi Suffers $2 Billion Hangover on Overseas Beer Expansion
(Bloomberg) -- Asahi Group Holdings Ltd. is already getting a headache from its $11 billion Australian foray.Japan’s biggest brewer, seeking to escape a slow-growing, aging market at home, is buying the Australian assets of Anheuser-Busch InBev NV, which owns iconic but low-priced beers such as Victoria
- Bloomberg•12 hours ago
Wanna Bet $1.3 Trillion on Chinese Regulators?
(Bloomberg Opinion) -- If you hold shares in New York-listed Alibaba Group Holding Ltd., you don’t own a stake in a Chinese internet powerhouse.What you have are the American depositary receipts of a Cayman Islands company that has a contract with the Chinese firm. In fact, the country’s largest search
- Consumer Reports•yesterday
Electric Cars 101: The Answers to All Your EV Questions
Electric vehicles (EVs) are becoming increasingly common, with many manufacturers currently offering models that plug in. There are dozens more models expected to hit the market over the next few...
- Consumer Reports•yesterday
5 Things to Know About High-Efficiency Top-Loaders
Consumers vote with their wallets, and in recent years they've chosen top-loaders, both high-efficiency (HE) and agitator models, over front-loading washing machines. HE top-loaders, in particula...
- Bloomberg•yesterday
From Tesla to Twitter, a Guide to This Week’s Quarterly Reports
(Bloomberg) -- The upbeat picture painted by this past week’s blowout bank earnings heralded a promising earnings season. Too bad other industries didn’t get the memo.In the same week the five biggest U.S. lenders raked in over $30 billion in earnings for the first time, others around the globe left
- Yahoo Finance Video•2 days ago
Piper Jaffray dives into the online travel space
Airbnb may not be public, but it's already catching the attention of Wall Street.
- Bloomberg•2 days ago
Google Settles Job Seekers’ Age-Bias Claims for $11 Million
(Bloomberg) -- Google agreed to pay $11 million to end a lawsuit accusing the internet giant of discriminating against older job applicants, a deal that amounts to an average payout of more than $35,000 for 227 people who joined the class action.The settlement also calls for the Alphabet Inc. unit to
- Bloomberg•3 days ago
YouTube Reaches Settlement With U.S. on Children’s Privacy
(Bloomberg) -- YouTube reached a settlement with the U.S. Federal Trade Commission resolving allegations that the company violated rules about collecting data on and advertising to children, according to a person familiar with the matter.The FTC’s five-member commission voted to approve the settlement
- Yahoo Finance Video•3 days ago
Sotheby's to auction Apollo 11 moon landing tapes
Sotheby’s is planning to auction off an out-of-this-world collection on the 50th anniversary of the Apollo 11 moon landing — but owning a piece of space history comes at a hefty price.
- Bloomberg•3 days ago
NBA Star Rick Fox Is Close to Sale of Esports Company
(Bloomberg) -- Former pro basketball star Rick Fox is close to a sale of his esports company, according to people with knowledge of the matter, after one of his partners used a racial slur.A deal for Echo Fox could be announced Monday, said the people, who asked not to be identified because the discussions
- Bloomberg•3 days ago
Software Provider Medallia’s Trading Debut Ranks Among Year’s Best
(Bloomberg) -- Medallia Inc. ended its first day as a public company with one of the year’s 10 best trading debuts after its $325.5 million initial public offering.Shares of the enterprise software provider, which rose as much as 88% Friday, closed up 76% to $37.05. That gave it the eighth-best first-day
- Bloomberg•3 days ago
Mnuchin, Kudlow Invite U.S. Tech Giants to Discuss Huawei Ban
(Bloomberg) -- President Donald Trump’s senior advisers have invited U.S. technology companies to the White House on Monday to discuss a resumption of sales to blacklisted Chinese telecoms giant Huawei Technologies Co., according to people familiar with the matter.White House economic adviser Larry Kudlow
- Bloomberg•3 days ago
Netflix’s Tight-Lipped Culture Makes Surprises Hard to Avoid
(Bloomberg) -- Netflix Inc.’s biggest earnings surprise in years sent the shares plummeting the day after results were released, leaving analysts and investors wondering why they were caught so off guard.When some companies know that their quarterly results are going to fall short of forecasts, they
- Bloomberg•3 days ago
EU Assessing Security Risks to 5G That Could Include Huawei
(Bloomberg) -- The European Union said it may deem certain 5G suppliers a security risk, noting that Chinese law requires domestic companies to collaborate with intelligence agencies.The EU won’t target China’s Huawei Technologies Co. "from the outset," Security Commissioner Julian King told
- Bloomberg•3 days ago
Cellphones a Flight Risk? Could Be on Some Boeing Jets
(Bloomberg) -- U.S. government officials in 2014 revealed an alarming safety issue: Passenger mobile phones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes.More than 1,300 jets registered in the U.S. were equipped with cockpit screens vulnerable
- Bloomberg•3 days ago
Walmart Deepens Store-Digital Integration as Web Unit Struggles
(Bloomberg) -- Walmart Inc. is conducting its second U.S. restructuring in as many months to better integrate its money-losing online business with its 4,700 physical stores.The world’s largest retailer will merge the logistics and finance teams for its e-commerce unit and stores, according to an internal
- Consumer Reports•3 days ago
Best Small Vacuums for Small Spaces
When you live in a small apartment or house with limited storage space, finding a place to stash a vacuum can be a challenge. Some uprights are slimmer than others, and given how good stick vacuu...
- Bloomberg•3 days ago
Microsoft Shares Rise to Record After Strong Earnings Report
(Bloomberg) -- Microsoft Corp. rose to a record after topping quarterly sales and profit projections, fueled by steady demand for cloud-computing services and a surprisingly strong Windows business. The company’s forecast promised robust growth will continue into next year.The software maker pledged
- Yahoo Finance•3 days ago
Nvidia returns us to the moon in time for Apollo 11's 50th anniversary
Nvidia has recreated the Apollo 11 moon landing in modern graphics to demonstrate what astronauts saw 50 years ago.
- Bloomberg•3 days ago
Lyft Is Adding New York Subway Info to App, Even as It Fights With the City
(Bloomberg) -- Lyft Inc. wants its riders in America’s largest city to know that they might not need to take a Lyft. They can just ride the subway.Over the next few months, Lyft said users of its app will be able to access real-time public transportation information in New York City. The move marks another
