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Monthly Archives: August 2023

CCDH head says he won’t stop exposing Twitter problems after Musk suit

An effigy of Elon Musk is seen on a mobile device with the Twitter logo in this photo illustration on 23 July, 2023 in Warsaw, Poland.  Jaap Arriens | Nurphoto | Getty Images Imran Ahmed refuses to be intimidated by Elon Musk. And he’s insisting that researchers at his nonprofit …

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Amazon stock on pace for best day since November after blowout quarter

Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon shares rallied 11% in mid-morning trading Friday, a day after the company reported blowout second-quarter earnings and issued upbeat guidance. Shares …

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Jailed Putin critic Alexei Navalny handed 19 more years in prison

A screen shows the already imprisoned Russian opposition figure Alexei Navalny (2L) as he listens to his verdict over a series of extremism charges at the IK-6 penal colony, a maximum-security prison some 250 kilometres (155 miles) east of Moscow, in the settlement of Melekhovo in the Vladimir region on …

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Amazon, Apple, Block, Tupperware and more

Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected revenue for the quarter. related investing news Apple — The big tech stock slipped 3%. Apple reported …

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Apple shares slide after it reports decreased revenue for iPhone and other hardware

Apple CEO Tim Cook speaks with media members at a viewing area for new products during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Shares of Apple were down 3% Friday morning after the …

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Google offers on-campus hotel ‘special’ to lure workers back in

Google CEO Sundar Pichai Getty Images Google is hoping to lure workers back to the office with a new on-site hotel special, but some workers aren’t convinced it’s a good deal. The company said full-time employees can book a room at an on-campus hotel in Mountain View for $99 a …

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187,000 jobs added, fewer than expected

Job growth in July was less than expected, pointing to slower growth in the U.S. economy, the Labor Department reported Friday. Nonfarm payrolls expanded by 187,000 for the month, slightly below the Dow Jones estimate for 200,000. Though the headline number was a miss, it actually represented a modest gain …

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Stocks making the biggest moves premarket: SQ, TUP, NKLA

An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier | AFP | Getty Images Check out the …

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Commerzbank CFO says the European Central Bank has hit pause

The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, completing a full year of rate increases. ECB President Christine Lagarde flagged that the central bank could continue or pause …

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China lifts anti-dumping tariffs on Australian barley after three years

A photo taken on Dec.14, 2020 shows a paddock of barley being harvested on a farm near Inverleigh, some 100 kilometers west of Melbourne. WILLIAM WEST | AFP | Getty Images China on Friday lifted tariffs on Australian barley imports starting Aug. 5, a move that points to improving bilateral …

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