EU News Digest Latest News & Updates
Bill Pugliano | Getty Images The new 2020 Ford Explorer SUV is revealed at Ford Field on January 9, 2019 in Detroit, Michigan. Few automakers exhibiting at the Detroit auto show, which kicks off Sunday in Detroit, have more riding on this year’s show than Ford. The company, which is …
Read More »Monthly Archives: January 2019
Buying last year’s losers might be the way to beat the market in 2019
Daniel Sorabji | AFP | Getty Images Traders work at the offices of CMC Markets in the City of London on December 10, 2018 as Britain’s Prime Minister Theresa May makes a statement in the House of Commons announcing the government’s intention to delay the ‘meaningful’ vote on the Brexit …
Read More »Walter Shipley, the former chairman of Chase Manhattan, dies at 83
BOB STRONG | AFP | Getty Images NEW YORK, NY – AUGUST 28: Chase Manhattan’s Thomas G. Labrecque (L) and Chemical Bank’s Walter V. Shipley announce the merger of their two banks at a press conference 28 August in New York. Walter V. Shipley, the former chairman and chief executive …
Read More »Apple’s fall from grace on Wall Street may have wide investor fallout
Call it the Apple turnover. Shares of the tech giant are down over 30 percent from its October high, shedding more than $400 billion in market capitalization from peak to trough. Apple’s collapse comes amid growing fears over iPhone demand and trade tensions. Last week, the stock fell nearly 10 …
Read More »Apple AirPods tips and tricks
Melodie Jeng | Getty Images Entertainment | Getty Images MILAN, ITALY – FEBRUARY 24: Simone Marchetti wears Apple AirPods during Milan Fashion Week Fall/Winter 2017/18 on February 24, 2017 in Milan, Italy. (Photo by Melodie Jeng/Getty Images) If you own a pair of Apple AirPods then you might, like me, …
Read More »Huawei fires an employee in Poland, following charges of espionage
Jason Lee | Reuters A saleswoman serves customers at a Huawei shop in Beijing, China, December 12, 2018. Chinese telecom giant Huawei fired a sales director arrested in Poland on charges of conducting espionage on behalf of China, The Wall Street Journal reported on Saturday. Huawei, the world’s second largest …
Read More »SpaceX plans to lay off 10% of its workforce
Peter Parks | AFP | Getty Images Billionaire entrepreneur and founder of SpaceX Elon Musk speaks at the 68th International Astronautical Congress 2017 in Adelaide on September 29, 2017. SpaceX is planning on trimming its workforce, a company spokeswoman told CNBC. The company said it sees “extraordinarily difficult challenges ahead” …
Read More »Yeti jumps 10% after raising guidance
Sergio Flores | Bloomberg | Getty Images Coolers sit on display for sale at the Yeti Holdings Inc. flagship store in Austin, Texas, U.S., on Wednesday, Sept. 12, 2018. YETI shares jumped 10 percent after it raised its full-year guidance and released preliminary results. The company said it now expects …
Read More »Square head of payments Mary Kay Bowman joins Visa
Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Mary Kay Bowman, head of payments at Square is going to Visa to …
Read More »Uber wants to go public, but SoftBank is waiting for two board seats
David Paul Morris | Bloomberg | Getty Images Dara Khosrowshahi, chief executive officer of Uber Technologies. Between the stock market’s extreme volatility of late and the three-week-old government shutdown, the IPO market faces plenty of uncertainty in 2019. But for Uber, there’s another complicating aspect — the company’s biggest investor …
Read More »