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Monthly Archives: August 2018

US has no plans to halt future exercises with South Korea amid talks with North: Mattis

Department of Defense photo Defense Secretary James Mattis waits outside of the Pentagon in Washington, D.C., April 23, 2018. The Pentagon has no plans to suspend future joint military exercises with South Korea, the Defense secretary said Tuesday, amid negotiations with North Korea on disbanding its nuclear and ballistic missile …

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HPE earnings Q3 2018

Bloomberg | Getty Images Antonio Neri, CEO of Hewlett Packard Enterprise, speaks at the 2017 HP Discover 2017 conference in Las Vegas. Hewlett Packard Enterprise stock rose on Tuesday after the company reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on July 31. The …

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Instagram allows verification requests, posts more info about accounts

Christie Hemm Klok | The New York Times Instagram’s founders, Kevin Systrom, left, and Mike Krieger, at the company’s headquarters in Menlo Park, Calif., April 24, 2017. Instagram, now with 700 million users, resembles Facebook in 2009 to 2012, when it went from being something people used occasionally to something …

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Thomson Reuters surges after $9 billion stock buyback announcement 

Thomson Reuters stock jumped Tuesday following news that the media and information firm would officially begin buying back shares. The company’s board of directors approved a $9 billion stock buyback from shareholders through what’s known as a “substantial issuer bid,” or SIB, kicking off Tuesday. The price range for the …

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Applied Materials downgraded over chipmaking equipment growth

David Paul Morris | Bloomberg | Getty Images Technicians work on machinery at the Applied Materials facility in Santa Clara, California. Applied Materials’ profitability is near its peak and will not rise from current levels, according to Bank of America Merrill Lynch. The firm lowered its rating to neutral from …

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Goldman teams up with a startup to make more home-improvement loans

Suzanne Kreiter | The Boston Globe | Getty Images A home improvement contractor works on a house in Cambridge, Massachusetts. Goldman Sachs is taking one more step into the world of ordinary consumers. The bank is rolling out a new tool that helps potential borrowers estimate how much an addition …

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August consumer confidence

Scott McIntyre | Bloomberg | Getty Images A customer browses televisions inside a Costco Wholesale store in Miami, Florida.  Consumer confidence rose in August to its highest level since October 2000, building on July’s solid result. The Conference Board’s index rose to 133.4 in August, despite expectations from a survey …

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Google search tools help veterans find better jobs

Stephen Lam | Reuters Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Google rolled out a series of search tools Monday to help military veterans find better jobs after returning to civilian life, the company said in …

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Chinese stocks are down, but steel prices tell different economy story

Steel prices have diverged from China’s falling stock market, indicating the world’s second-largest economy is more resilient than many fear. Stock investors have worried about slowing economic growth as Beijing tries to reduce its reliance on debt, especially in the face of rising trade tensions with the U.S. Steel prices, …

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John Goodman reveals Roseanne will be killed off in ‘The Conners’ spinoff

Robert Trachtenberg | ABC | Getty Images ABC’s ‘Roseanne’ stars Ames McNamara, Sara Gilbert, Laurie Metcalf, Emma Kenney, Jayden Rey, Roseanne Barr, Michael Fishman, John Goodman, Lecy Goranson, and Sarah Chalke. It’s clear that Roseanne Barr will not be a part of the “Roseanne” spinoff, but a huge mystery surrounds …

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