EU News Digest Latest News & Updates
Yuri Gripas | Reuters Federal Reserve Board Chairman Jerome Powell speaks during his news conference after a Federal Open Market Committee meeting in Washington, December 19, 2018. Sluggish productivity and widening wealth gap are the biggest challenges facing the U.S. over the next decade, Federal Reserve Chairman Jerome Powell said …
Read More »Monthly Archives: February 2019
Softbank shares surge after Masayoshi Son announces stock buyback
Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. The stock of Japanese conglomerate Softbank skyrocketed on Wednesday after its CEO Masayoshi Son announced a share buyback following the company’s release of strong …
Read More »Washington Gov. Jay Inslee nears decision on 2020 presidential run
David Ryder | Reuters Washington Governor Jay Inslee speaks during a rally at the beginning of the March For Science in Seattle, Washington, U.S. April 22, 2017. LOS ANGELES — While other 2020 Democratic contenders are focusing on wealth inequality in America and taxing the rich, Washington Gov. Jay Inslee …
Read More »Eli Lilly earnings Q4 2018
Daniel Acker | Bloomberg | Getty Images An Eli Lilly & Co. logo is seen on the cap of a pill bottle in this arranged photograph at a pharmacy in Princeton, Illinois. Eli Lilly cut its 2019 profit forecast on Wednesday, hit by a recent trial failure of conditionally approved …
Read More »Economists boost Q4 growth closer to 3% as trade war hits imports
Economists boosted their forecasts for U.S. fourth quarter growth Wednesday, after a surprise narrowing of the trade gap in November due to a drop in imports. Several economists said the decline was likely a direct result of the trade war with China, and nudges U.S. growth higher, at least temporarily, …
Read More »Trump’s extreme rhetoric against the press is ‘dangerous’: NY Times CEO
Oliver Contreras | Bloomberg | Getty Images President Donald Trump speaks to members of the media on the South Lawn of the White House in Washington, D.C. As for Trump’s complaints that he can’t get positive news coverage in his hometown of New York, Thompson said the paper has said …
Read More »DOJ probes handling of sex offender Jeffrey Epstein’s case
Rick Friedman | Corbis News | Getty Images Billionaire Jeffrey Epstein in Cambridge, MA on 9/8/04. Epstein is connected with several prominent people including politicians, actors and academics. Epstein was convicted of having sex with an underaged woman. The Justice Department has opened an investigation into possible “professional misconduct” in …
Read More »Snap adds TikTok to its list of competitors
Michael Nagle | Bloomberg | Getty Images Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Snap has added a new foe to its growing list of competitors. …
Read More »Google Waze must stop revealing DWI checkpoints, NYPD says
Albin Lohr-Jones | Pacific Press | LightRocket | Getty Images Heavily armed NYPD counterterrorism officers stand at post near the entrance to the restricted zone between 42nd and 43rd Streets. (file photo). The New York City Police Department recently sent a letter to Google demanding that its navigation app Waze …
Read More »Here’s what to expect from Chipotle earnings
Luke Sharrett | Bloomberg | Getty Images An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky, U.S., on Saturday, Feb. 2, 2019. Chipotle Mexican Grill Inc. is scheduled to release earnings figures on February 6. Chipotle reports fourth-quarter earnings after the bell Wednesday. …
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