EU News Digest Latest News & Updates
Spencer Platt | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) as the Federal Reserve Board Chairman Jerome Powell holds a news conference on December 19, 2018 in New York City. U.S. futures fell during trade on Thursday morning stateside after all three major …
Read More »Facebook explains how Netflix, Spotify, and others used info
Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Facebook on Wednesday evening published a blog post explaining …
Read More »Renault-Nissan email reveal 2010 private Ghosn payment plan
Marlene Awaad | Bloomberg | Getty Images Carlos Ghosn, chairman of the alliance between Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pauses during a Bloomberg Television interview at the Paris Motor Show in Paris, France, on Tuesday, Oct. 2, 2018. Senior executives at Renault-Nissan worked on a plan …
Read More »Jefferies says Apple’s services margins will surpass expectations
Getty Images CEO Tim Cook (L) and senior vice president of Internet Software and Services Eddy Cue of Apple speak as they walk after lunch during the Allen & Co. annual conference at the Sun Valley Resort on July 11, 2013 in Sun Valley, Idaho. While cutting iPhone estimates for …
Read More »Bank of America upgrades Hershey to buy from underperform, predicting 10% annual returns
Luke Sharrett | Bloomberg | Getty Images Hershey Co. candy mascots stand outside of the company’s Chocolate World visitor center in Hershey, Pennsylvania. The Hershey Company was double upgraded by Bank of America Merrill Lynch analysts who see the company’s improved organic sales and operating profit growth, combined with strong …
Read More »Higher sales of heavy trucks boost Navistar profit
Daniel Becerril | AP Employees work at the assembly line of International brand commercial trucks, owned by Navistar, at the manufacturing plant in Escobedo, on the outskirts of Monterrey, Mexico, June 29, 2017. Truck maker Navistar reported better-than-expected quarterly profit and revenue on Tuesday, as strong freight demand helped drive …
Read More »US Surgeon General Adams declares youth e-cigarette use an ‘epidemic’
Charles Bertram | Tribune News Service | Getty Images Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Several Lexington high schools are concerned about an increase in student vaping. U.S. Surgeon General Jerome M. Adams declared e-cigarette use among kids an “epidemic” in …
Read More »SpaceX raising $500 million, new valuation at $30.5 billion: Report
Patrick Fallon | Bloomberg | Getty Images Gwynne Shotwell president and chief operating officer of SpaceX, left, speaks as NASA astronaut Bob Behnken looks on. SpaceX is raising a $500 million round of fundraising, according to the Wall Street Journal on Tuesday. The new funding puts SpaceX’s valuation at $30.5 …
Read More »Record number flee to bonds
Drew Angerer | Getty Images Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, October 25, 2018 in New York City. Investors are fleeing stocks and buying bonds in record numbers amid the global sell-off in equities, according to a …
Read More »CBS says former CEO Les Moonves will not receive severance pay after sexual misconduct probe
Drew Angerer | Getty Images Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Former CBS CEO Les Moonves will not receive his $120 million severance package following a sexual misconduct probe, …
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