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| Altice USA Buys Streaming-Video Network Cheddar for $200 Million Cable operator Altice USA Inc. ATUS -1.52% agreed to acquire streaming-video network Cheddar Inc. for $200 million, an all-cash deal that is expected to raise the profile of the company's news division. Jon Steinberg, the founder and chief executive of ... | |
| KKR Profit Climbs, Assets Rise KKR KKR 1.02% & Co. reported a sharply higher first-quarter profit, as it benefited from sales in its private-markets business. The private-equity firm reported first-quarter profit of $709.3 million, compared with a $178.4 million profit for the comparable quarter a ... | |
| Marriott dives into home-rental market to keep an edge on Airbnb Marriott International, the biggest hotel operator in the world, is launching a home-rental program as it struggles to stay ahead of the shifts in the hospitality industry, largely brought on by Airbnb. Starting next week, guests will be able to book homes in 100 ... | |
| US inflation tame; economic outlook strengthening WASHINGTON (Reuters) - U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens. | |
| FOREX-Dollar marks time, Aussie eases on China data miss ... * China PMI dips to 50.1 in April, from 50.5. * Aussie dollar leads risk assets lower, major crosses quiet. * EU to report first-quarter GDP later in the day. By Wayne Cole. SYDNEY, April 30 (Reuters) - The dollar held to tight ranges in holiday-thinned Asian ... | |
| MONEY MARKETS-Rise in key US rate stokes talk of Fed move (Adds background, quote, graphic). By Richard Leong. NEW YORK, April 30 (Reuters) - The continued rise of a key U.S. interest rate that the Federal Reserve targets is fanning speculation the U.S. central bank will make another tweak to a monetary policy ... | |
| GM's electric future includes a pickup truck GM will make a full-size electric pickup truck as part of an "all-electric future" that will include a complete range of EVs, CEO Mary Barra said during the automaker's quarterly earnings call Tuesday. GM reported Tuesday higher-than-expected profit in the first ... | |
| Canadian Economy Contracted Slightly in February OTTAWA—The Canadian economy contracted slightly in February, falling short of expectations, as mining and rail transportation recorded sharp declines. Canada's gross domestic product, or the broadest measure of goods and services produced in an ... | |
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| BP Profits Fall on Oil Price Volatility LONDON— BP BP -0.67% PLC said Tuesday its profit dropped by 12% in the first quarter due to a weaker oil price environment at the start of 2019, echoing anemic quarterly results recently reported by other Big Oil companies. U.K.-based BP said its ... | |
| Facebook's F8 Developers Conference: 3 Key Things to Watch For Facebook's annual developer conference starts tomorrow, and it promises to be a significant one. The annual conference, known as F8, kicks off on Tuesday -- and it's the first one since Facebook CEO Mark Zuckerberg announced his plan to reinvent the ... | |
| Beyond Meat IPO: 5 Things Investors Need to Know As yet high buzz start-up prepares to debut on the public markets, here's what investors should know before digging in. Eric Volkman. (TMFVolkman). Apr 30, 2019 at 7:40AM. It's put up or shut up time for well-known, plant-based food producer Beyond Meat. | |
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| Fed up McDonald's customers ditch paper straws for coffee lids For some McDonald's fans in the U.K., coffee lids are saving them from their paper-straw nightmare. Fed up with the fast-food chain's new straws, customers at some U.K. locations have begun asking for plastic coffee lids to go with their soda drinks. | |
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| The 5 US cities where paychecks are growing the fastest Despite a slow down in job growth earlier this year, wages are continuing to rise as employers try to lure in the top talent in today's tight labor market. Currently, the median base pay for full-time workers in the U.S. is $52,807 per year, according to Glassdoor's ... | |
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| Airbus set to pass Boeing in jetliner production Airbus SE posted strong adjusted earnings growth Tuesday but played down the prospect of immediate market-share gains from rival Boeing Co.'s 737 MAX woes that have put the European aerospace giant on pace to regain the title of world's biggest plane ... | |
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| Amazon opening Denver office, bringing 400 new jobs DENVER — Amazon has announced plans to expand its Denver tech presence by creating hundreds of new jobs and adding a downtown Denver office. The Seattle-based company will add 400 high-tech jobs in fields like software engineering, hardware ... | |
| Political uncertainty keeps Premier Inn bosses awake at night The post-Costa era at Whitbread got off to a disappointing start as the Premier Inn operator blamed "an acute period of political and economic uncertainty" for weakness in both business and leisure demand. Shares of the FTSE 100 leisure group, which had ... | |
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| Uber executives to meet with investors in New York City CNBC's Leslie Picker reports ahead of the Uber roadshow pulling into New York City. Also at the table is Maggie Wilderotter, former CEO of Frontier Communications, who is on Lyft's board of directors. Watch CNBC Live TV ... | |
| Search Engines Deliver Biased Results. Pantene Is Changing That. Look up "greatest writers" on Google, and you get a sea of dead white men staring back at you. Same goes for "famous comedians," "best movie directors," and "greatest leaders." The images generated by a search for "perfect hair" all reflect white women ... | |
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| Daimler to pull Smart cars from Canada, US market The tiny, two-person Smart cars once pitched as the next big thing in urban mobility will be discontinued in the United States and Canada at the end of the current model year, German automaker Daimler AG said on Monday. Smart cars, with their unique ... | |
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| Imperial puts cigar business up for sale British tobacco company Imperial Brands has put its premium cigar business up for sale, as part of a divestment programme which has seen it offload £280m of its portfolio over the past year. Imperial, which is betting on e-cigarettes to drive growth as ... | |
| MGM Shares Slide on Quarterly Earnings Bust Shares of casino and hotel operator MGM Resorts (MGM - Get Report) fell in Tuesday after the company reported earnings that came in substantially lower than analysts' forecasts, mainly due to falling gambling revenue at its Las Vegas properties. MGM said ... | |
| Sirius Minerals launches $3.8 billion funding plan, shares fall (Reuters) - Sirius Minerals fell more than 20 percent on Tuesday after the miner launched a $3.8 billion (£2.9 billion) financing plan, including a discounted share offering, to fund its North Yorkshire polyhalite project in the United Kingdom. The capital will be ... | |
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| Take control of your credit score A credit score is more than just a number tucked away in some credit agency's files. Poor credit can hinder car loans, mortgages and school options, ratchet up interest rates and push life goals out of reach. Experts recommend a number of steps to improve ... | |
| Turkey's Central Bank Says Another Tightening Cycle Is Possible (Bloomberg) -- Turkish central bank Governor Murat Cetinkaya said another round of monetary tightening was still possible despite a change in a policy statement last week that spooked investors. The lira trimmed losses. The change in the language of the ... | |
| Toyota 86 Hakone Edition Honors Japan's Most Famous Highway Upon initial Googling, you'll find Hakone is a mountainous town known for breathtaking views of Mount Fuji and a world-renowned hot springs resort. But the Toyota 86 Hakone Edition isn't named for the town's famous hot springs – though, it is hot in its own ... | |
| Optimism as Kenya Airways continues to grow revenues NAIROBI, Kenya, Apr 30 – Kenya Airways Plc has reported its FY2018 earnings, demonstrating consecutive growth in revenue and narrowed losses even as global report shows African airlines operated at 10 per cent below estimated average in 2018. | |
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