Home / Business (page 236)

Business

Hawaii volcano destroys dozens of homes, forces evacuations

U.S. Geological Survey/Handout | Getty Images News | Getty Images Lava from a fissure slowly advances to the northeast on Hookapu Street after the eruption of Hawaii’s Kilauea volcano on May 5, 2018 in the Leilani Estates subdivision near Pahoa, Hawaii. Lava has spread around 387,500 square feet (36,000 square …

Read More »

Warren Buffett says he is not looking to buy General Electric

Michael Nagle | Bloomberg | Getty Images A monitor displays signage for General Electric Co. (GE) on the floor of the New York Stock Exchange (NYSE) in New York. Warren Buffett is not looking to buy all or part of General Electric, the investment magnate told CNBC on Friday. “That’s …

Read More »

Boeing looks set to beat Airbus in new plane deal with IAG

Simon Dawson | Bloomberg | Getty Images Willie Walsh, CEO of the International Airlines Group British Airways’ parent company IAG has offered a big hint that Boeing is in pole position to win a new order for wide-body aircraft. The share price of IAG has risen more than 4 percent …

Read More »

Activision Blizzard shares dive following media report on earnings

Activision Blizzard shares suddenly fell 5 percent early Thursday afternoon before trading was halted. The stock resumed trading around 3:30 p.m. ET and initially spiked more than 1 percent, but subsequently dropped 2 percent. At 1:05 p.m. ET, Dow Jones ran a few headlines about the gaming company’s earnings. The …

Read More »

SEC seeks court order for Jay-Z’s testimony in Iconix investigation

Theo Wargo | Getty Images Jay Z, Blue Ivy Carter and Beyonce Knowles attend the 66th NBA All-Star Game at Smoothie King Center on February 19, 2017 in New Orleans, Louisiana. The Securities and Exchange Commission said Thursday it’s seeking a court order asking singer-songwriter Shawn Carter, or Jay-Z, to …

Read More »

China, Hong Kong, Japan, South Korea

Tianhan Chen | Cpressphoto | Getty Images The skyline of the city of Beijing, China on March 25, 2016. Beijing China’s capital stands out ahead of its Asian peers in terms of the scale and valuation of its start-up scene. Home to as many as 7,000 start-ups and more than …

Read More »

T-Mobile earnings Q1 2018

Brendan McDermid | Reuters T-Mobile CEO John Legere speaks on the floor of the New York Stock Exchange, April 30, 2018. T-Mobile reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday. Shares edged up close to 1 percent after the announcement. Here’s how the company did compared with …

Read More »

Logistics leader Prologis to acquire DCT Industrial for $8.4 billion

David Paul Morris | Bloomberg | Getty Images Hamid Moghadam, chief executive officer of Prologis. Prologis, a logistics company with a global footprint, will acquire smaller U.S. rival DCT Industrial Trust in an $8.4 billion all-stock transaction, including the assumption of debt, the two companies said on Sunday. The acquisition …

Read More »

Judge agrees to delay Stormy Daniels’ lawsuit against Trump

Drew Angerer | Getty Images Adult film actress Stormy Daniels (Stephanie Clifford) and Michael Avenatti, attorney for Stormy Daniels, speak to the media after a hearing related to Michael Cohen. A judge on Friday delayed a lawsuit by porn actress Stormy Daniels against President Donald Trump and his personal attorney. …

Read More »

All trading on the Toronto Stock Exchange is down, TMX Group says

Trading on all TMX exchanges, including the Toronto Stock Exchange, went down on Friday amid widespread technical issues. The exchange operator then shut down trading early for the full day. The exchange operator said in a tweet: “UPDATE – All TMX markets, including Montreal Exchange, are experiencing issues with trading, …

Read More »