EU News Digest Latest News & Updates
Gary Gershoff | WireImage | Getty Images NEW YORK, NY – OCTOBER 18: Organizing consultant and author Marie Kondo visits the Brit+ Co #CreateGood Wellness event at Build Studio on October 18, 2018 in New York City. (Photo by Gary Gershoff/WireImage) By nature of my job as CNBC’s gadget reviewer, …
Read More »Yearly Archives: 2019
There isn’t a good reason for GE’s stock comeback
Aly Song | Reuters A man takes a picture of a General Electric (GE) engine during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. General Electric shares are up more than 16 percent to begin the year but Wall …
Read More »Craigslist posts annual revenue of $1 billion: Study
Source: Bleacher + Everard Craig Newmark, founder of Craigslist Craigslist could be raking in $1 billion a year, according to one researcher’s estimates, signalling strong growth for the online classifieds company despite new challenges from tech giants. Craigslist has seen threats to its core business in recent years, with the …
Read More »PG&E says it might have to quintuple rates if forced to clear trees
David Paul Morris | Bloomberg | Getty Images AT&T Inc. workers repair phone lines as a burned-out vehicle sits on a road during the Camp Fire in Paradise, California, U.S., on Tuesday, Nov. 13, 2018. California utility company PG&E Corp. said in a court filing Wednesday that it can’t afford …
Read More »Huawei books record sales in its smartphone business
Qilai Shen/Bloomberg | Getty Images A Huawei Technologies Co. Mate20 smartphone sits on display at the company’s mobile phone plant in Dongguan, China, on Tuesday, Jan. 15, 2019. China’s Huawei Technologies said on Thursday its consumer business sales exceeded a record $52 billion in 2018, on strong demand for its …
Read More »Bristol-Myers pulls FDA application for combo lung cancer treatment
Emile Wamsteker | Bloomberg | Getty Images A researcher in a Bristol-Myers Squibb laboratory. The drugs — ipilimumab (brand name Yervoy) and nivolumab (Opdivo) — belong to a class called checkpoint inhibitors and are made by Bristol-Myers Squibb. Bristol-Myers Squibb shares fell more than 3 percent in premarket trading Thursday …
Read More »Microsoft’s Nadella says facial recognition needs regulation
Jason Alden | Bloomberg via Getty Images Satya Nadella, chief executive of Microsoft, speaks during a panel session on day three of the World Economic Forum in Davos, Switzerland. Microsoft Chief Executive Satya Nadella on Thursday welcomed regulation of facial recognition technology, as concerns about its ability to be used …
Read More »Chinese tourists are spending less on shopping, survey finds
Kiyoshi Ota | Bloomberg | Getty Images A group of Chinese tourists stand with shopping bags at the Canal City Hakata commercial complex in Fukuoka, Japan, on Friday, July 24, 2015. Four million Chinese tourists are expected to head to Japan this year. Chinese tourists are starting to spend more …
Read More »Shutdown could hurt business and aviation industry
Alex Flynn | Bloomberg | Getty Images An American flag hangs near Boeing Co. F/A-18 Super Hornet fighter jets at the Boeing Defense, Space & Security facility in St. Louis, Missouri, July 24, 2018. The U.S. government shutdown hasn’t had much of an impact on Boeing yet, but the world’s …
Read More »These stocks historically jump the most during the first earnings season of the year
There are certain stocks that historically post big gains after reporting fourth-quarter earnings. Bespoke looked back at the past eight fourth-quarter reporting periods and found stocks that jumped the most on earnings reporting day. It found 15 large caps that rose an average 3.8 percent or more. Several stocks on …
Read More »