Economy

Live Nation Entertainment (NYSE:LYV) Reaches New 52-Week High at $73.91

Live Nation Entertainment (NYSE:LYV) Reaches New 52-Week High at $73.91

Nuveen Asset Management LLC purchased a new stake in shares of Live Nation Entertainment during the 2nd quarter worth about $36,074,000. Finally, Artemis Investment Management LLP grew its stake in ...

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Starbucks apologizes to deputies who weren't served at store

Starbucks apologizes to deputies who weren't served at store

The incident happened on Thursday night in Riverside County, where the two deputies were ignored by Starbucks employees for about five minutes. Starbucks spokesman Reggie Borges told CNN the deput...

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Oil hits three-month high as trade hopes, United Kingdom election lift sentiment

Oil hits three-month high as trade hopes, United Kingdom election lift sentiment

As of 0545 GMT, brent crude was down 11 cents, or 0.2 percent, at $55.90 a barrel, with a firmer dollar, unchanged against a basket of other currencies, putting some pressure on dollar denominated oi...

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Broadcom’s (AVGO)

Broadcom’s (AVGO) "Hold" Rating Reaffirmed at Raymond James

Six analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. Amarin has a consensus rating of "Buy" and a conse...

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PepsiCo has announced to launch a coffee-flavored cola in the US

PepsiCo has announced to launch a coffee-flavored cola in the US

Pepsi Cafe Original combines the sweeter undertones of Pepsi cola with coffee , and the vanilla flavor is created to be a sweeter and creamier beverage, according to the company. Caffeine may be twic...

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Desmarais brothers to step down as CEOs in Power Corp. overhaul

Desmarais brothers to step down as CEOs in Power Corp. overhaul

Thebrothers Paul and André Desmarais, who're the sons of president Paul Desmarais Sr., will continue to be correspondingly Chairman and Deputy Chairman regarding the Board of Directors of Power Corpor...

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Telenor picks Ericsson for Norway 5G, abandoning Huawei

Telenor picks Ericsson for Norway 5G, abandoning Huawei

The company signaled it would gradually remove Huawei equipment as it upgrades radio gear for the next generation of mobile networks, in a move likely to please the USA, which has been lobbying Europe...

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US, China agree on 'phase one' trade deal

US, China agree on 'phase one' trade deal

USA markets have gyrated on rumors and leaks about the trade deal in recent months, but were muted on Friday on news it had been agreed. He said negotiators will not wait to tackle thornier questi...

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Qantas Sydney to Perth flight evacuated via slides after smoke fills cabin

Qantas Sydney to Perth flight evacuated via slides after smoke fills cabin

The captain ordered an evacuation of the aircraft and passengers exited by emergency slides and the aerobridge into the terminal, Qantas said. AirlineRatings.com reports that a hydraulics warning li...

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"Beverly Hillbillies" Mansion Sells for $150M

The mega-estate also carries one of the highest annual tax bills in the Los Angeles area at US$1.3 million. The sale of Chartwell is just the latest in a high-end market that has seen a surge in...

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Lawyers for Quadriga customers ask to exhume founder Gerald Cotten's body

Lawyers for Quadriga customers ask to exhume founder Gerald Cotten's body

Cotten's death and the significant losses of Affected Users", the letter reads. As the company's CEO and sole director, he was the only one who had access to the so-called cold wallets that were sup...

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Wharton: Warren’s Wealth Tax Would Generate $1T Less Than She Claims

Wharton: Warren’s Wealth Tax Would Generate $1T Less Than She Claims

Warren's proposal for a wealth tax - which would help pay, for example, Medicare for All, free tuition at two- and four-year public universities, and the cancellation of some student debt - would impo...

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Action as necessary: Australia stops short of major clampdown on Facebook, Google

Action as necessary: Australia stops short of major clampdown on Facebook, Google

It comes after the government announced plans to introduce public sector reform, which included the amalgamation of the Department of Communications and the Arts with the Department of Infrastructur...

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FTC might put the brakes on Facebook's plans to merge messaging apps

FTC might put the brakes on Facebook's plans to merge messaging apps

The idea was to operate all three services as standalone apps but on the same underlying messaging infrastructure. This new privacy-focused vision focused on a few key principles, including user priva...

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United Kingdom house prices fall in November amid Brexit, election uncertainty - RICS

United Kingdom house prices fall in November amid Brexit, election uncertainty - RICS

In contrast, the other United Kingdom nations have now surpassed 2007 levels. Newly agreed sales also saw a fall at the headline level, although at a slower pace with the latest reading moving to -8...

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Saudi Aramco shares briefly hit $2 trln before easing

Saudi Aramco shares briefly hit $2 trln before easing

His government had initially explored the possibilities of filing the IPO in NY or London, but mounting concerns over global legal complications eventually forced Aramco to resort to a domestic list...

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United States retail sales post modest rise in November, as expected

United States retail sales post modest rise in November, as expected

October's retail sales were revised higher, to a gain of 0.4%, up from 0.3%. Economists polled by Reuters had forecast retail sales would accelerate 0.5% in November. This should allow still-strong ...

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Qantas names

Qantas names "preferred aircraft" for Project Sunrise operations

Qantas Airways said on Friday is has chosen Airbus as preferred supplier for jets capable of the world's longest commercial flights from Sydney to NY and London, beating rival Boeing after a hard...

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Tesla Cybertruck will most likely be classified as a medium-sized pickup truck

Tesla Cybertruck will most likely be classified as a medium-sized pickup truck

The auto in the photo was confirmed to be Elon Musk's very first vehicle, a 1978 BMW 320i, for which he paid $1,400 in 1994 shortly before he enrolled at Stanford University to begin his doctoral st...

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Cisco Silicon One wants to power the Internet of the future

Cisco Silicon One wants to power the Internet of the future

New innovations when launching Cisco some of the top customer also on the platform were present, of which Google, Microsoft, cost, AT & T, Facebook, and Disney Studios are involved. Overall, this stra...

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Hackers tapping into Ring surveillance cameras: why these products are easy targets

Hackers tapping into Ring surveillance cameras: why these products are easy targets

The mysterious voice played music and encouraged destructive behavior before Alyssa's father came into the room and turned off the camera. "Don't you wanna be my best friend?" Instead, the company say...

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UK authorities give Amazon 5 days for new Deliveroo plan

UK authorities give Amazon 5 days for new Deliveroo plan

Amazon could ultimately be forced to sell or reduce its stake in Deliveroo in order to gain approval from the regulator. Amazon led a $ 575 million fundraiser at Deliveroo in May, doing what ...

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'Wise owl' Lagarde outlines broad European Central Bank review, pledges new style

'Wise owl' Lagarde outlines broad European Central Bank review, pledges new style

The ECB has been debating the pros and cons of introducing its own digital currency, which would give holders a direct claim on the central bank - just like with banknotes but without the inconvenie...

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Stocks waver as Wall Street weighs China trade deal

Stocks waver as Wall Street weighs China trade deal

President Donald Trump "sold out" America for "a temporary and unreliable promise from China to purchase some soybeans" after the president announced a "phase one" trade deal with Beijing , sa...

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Johnson heads for landslide as Labour’s ‘red wall’ crumbles

Johnson heads for landslide as Labour’s ‘red wall’ crumbles

Coverage of elections, including this one, inevitably depicts them as a popularity contest between the party leaders - focused on fluctuations in opinion polls and satisfaction ratings. He said: "It's...

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Trump to consult advisers on new China tariffs

Trump to consult advisers on new China tariffs

The final percentage of tariff rate reduction the USA might offer Beijing has not been set, and will be proportional to the amount of the Section 301 trade war issues addressed by Chinese concessions,...

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M&C Saatchi co-founder quits days after profit warning

M&C Saatchi co-founder quits days after profit warning

Chairman and founder Jeremy Sinclair said: "We have accepted the decision of these directors to resign". They have said a full probe will be launched. M&C Saatchi said it would restructure its United ...

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Holden Commodore axed after 41 years of Australian motoring

One of Australia's most enduring cars is being axed with Holden announcing it will retire the Commodore at the end of the year. While the Astra has come and gone over the years, the Commodore has ...

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US jobless claims hit more than two-year high

US jobless claims hit more than two-year high

The increase in filings from a seven-month low reflects volatility around the Thanksgiving holiday. Jobless claims unexpectedly jumped higher last week by 49,000 to 252,000. The unemployment rate fe...

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Electric Porsche Taycan Turbo hit with disappointing 201-mile range rating

Electric Porsche Taycan Turbo hit with disappointing 201-mile range rating

The smallest battery has a capacity of 79.2 kWh while the top model uses a 93.4 kWh one, giving the regular Taycan a range between 333 km (207 miles) and 463 km (288 miles) in the WLTP cycle. Incide...

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Jetstar cancels close to 100 flights this weekend

Jetstar cancels close to 100 flights this weekend

Flying interstate can be frustrating at the best of times - especially during peak periods - but you can expect more than a few cancellations and delays this weekend as some Jetstar employees prepare ...

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A fully electric aircraft has just made its first commercial flight

A fully electric aircraft has just made its first commercial flight

With the test fight complete, Harbour Air and magniX will apply for certification and approval of the ePlane before retrofitting more Haviland Beavers with electric propulsion systems to fill th...

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US Federal Reserve could signal no rate hike through 2020

US Federal Reserve could signal no rate hike through 2020

Notably, no policymakers suggested lower rates would be appropriate next year, a sign the Fed feels it has engineered a "soft landing" after a volatile year in which recession risks rose, the USA bond...

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Worldwide Wearable Shipments Soar by 94.6% in Third Quarter

Worldwide Wearable Shipments Soar by 94.6% in Third Quarter

Llamas , research director for IDC's wearables team. Growth for hearables followed the removal of the headphone jack from smartphones, pushing the move towards wireless headphones. It captured 8.5% ...

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Saudi Aramco: How it became the most profitable company

Saudi Aramco: How it became the most profitable company

Public trading on the domestic stock market Tadawul began after Aramco raised $25.6 billion with the sale of 3 billion shares. Saudi Aramco shares surged the maximum permitted 10% above their IPO ...

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