Home / 2018 / April (page 4)

Monthly Archives: April 2018

All trading on the Toronto Stock Exchange is down, TMX Group says

Trading on all TMX exchanges, including the Toronto Stock Exchange, went down on Friday amid widespread technical issues. The exchange operator then shut down trading early for the full day. The exchange operator said in a tweet: “UPDATE – All TMX markets, including Montreal Exchange, are experiencing issues with trading, …

Read More »

Bayer sells more assets to help close Monsanto deal

Wolfgang Rattay | Reuters Werner Baumann, CEO of Bayer Bayer has agreed to sell more of its crop science businesses to BASF as it seeks to wrap up its pending $62.5 billion acquisition of Monsanto. Bayer announced Thursday that it has agreed to sell the crop science units to BASF …

Read More »

Subaru says employees manipulated fuel economy data

Tomohiro Ohsumi | Bloomberg | Getty Images A worker assembles a Subaru branded vehicle on the production line of Fuji Heavy Industries Ltd.’s Gunma Yajima Plant in Ota, Gunma, Japan. Subaru executives said Friday that some employees had manipulated fuel economy data on some Japanese-made vehicles, according to a report …

Read More »

White House medical unit operated like ‘grab and go’ clinic: report

Tom Williams | CQ Roll Call | Getty Images Dr. Ronny Jackson, nominee for Secretary of Veterans Affairs. Employees of the White House medical unit said that it often operated like a “grab and go” clinic, allowing mid-level staffers to senior officials to acquire prescription drugs without being seen by …

Read More »

ABBA records first new songs in 35 years

Getty Image | Gamma-Rapho (L-R) Benny Anderson, Bjorn Ulvaeus, Agnetha Fältskog and Anni-Frid Lyngstad. Mamma Mia! The members of ABBA announced Friday that they have recorded new material for the first time in 35 years. The Swedish pop supergroup said it had recorded two new songs, including one titled “I …

Read More »

South Africa workers protest minimum wage, Ramaphosa reassures

Rodger Bosch | AFP | Getty Images South African President Cyril Ramaphosa speaks at a rally on February 11, 2018, in Cape Town. “The president recognizes that the national minimum wage is not a living wage, but we need to start somewhere,” Ramaphosa’s spokeswoman Khusela Diko said, as reported by …

Read More »

House intel panel releases final report on Russian election interference, marking end of its politically charged probe

Getty Images House Intelligence Committee Chairman Devin Nunes (R-CA) (2nd L) and Rep. Peter King (R-NY) leave the committee’s secure meeting rooms in the basement of the U.S. Capitol House Visitors Center February 6, 2018 in Washington, DC. The House Intelligence Committee on Friday released its final report on Russian …

Read More »

Trump declares in tweet: ‘KOREAN WAR TO END’

Kevin Lamarque | Reuters President Donald Trump hosts a bilateral meeting with Japan’s Prime Minister Shinzo Abe at Trump’s Mar-a-Lago estate in Palm Beach, Florida U.S., April 17, 2018. U.S. President Donald Trump is tweeting “KOREAN WAR TO END” after a historic meeting between the leaders of North Korea and …

Read More »

After 9% pop, Stifel analyst admits he was ‘wrong’ on Facebook and upgrades stock

One Wall Street analyst regrets his decision to downgrade Facebook’s stock earlier in the year after its big earnings beat. Facebook reported quarterly earnings and revenue well beyond consensus expectations on Wednesday despite its recent scandal involving data privacy and Cambridge Analytica. The impressive numbers sparked a rally in its …

Read More »

Steve Jobs defends Apple in 1997 interview

AP In 1997 Steve Jobs, Apple’s acting chief executive, announced that the company–buoyed by cost-cutting and strong demand for its new computers–surprised Wall Street by once again showing profitability. With Jobs’ return to Apple, the company became profitable again and sparked a new era in personal computing and devices. In …

Read More »