WASHINGTON — Banks could invest heavily in or even sponsor venture capital funds under a proposed change to a post-crisis rule that was intended to limit their risk-taking. The proposal, unveiled Thursday by the Federal Reserve and other banking ...
ServiceNow Inc.'s shares surged Thursday after the cloud-based enterprise software company's results and outlook breathed new confidence into an IT market some had feared was weakening, prompting most of the analysts covering the stock to hike target ...
Coca-Cola (NYSE: KO) released its fourth-quarter 2019 earnings on Thursday before the markets opened for trading, handing investors evidence of vigorous top-line expansion, healthy net earnings, and ample cash flow. The world's largest beverage ...
ATLANTIC CITY, N.J. — Top executives of most of Atlantic City's casinos say the city needs to become cleaner and safer, with a better public perception in order for business conditions to truly improve. And they also oppose the return of gambling to the former ...
SAN FRANCISCO — Amazon sold a lot of things to a lot of people in the last three months of 2019, as speedy shipping shortened the time between "I want it" and "It's here." That was expected. What no one forecast was that profits would also shoot up.
MINNEAPOLIS — Delta Air Lines plans to launch a new uniform program for its flight attendants and some airport customer service agents amid complaints that the required uniforms have caused serious medical problems. Hundreds of Delta employees have ...
Ahead of the opening bell this morning, biotech heavyweight Biogen (NASDAQ: BIIB) posted stronger-than-expected fourth-quarter results. The biotech exceeded Factset's consensus estimates for both its top and bottom line during the three-month period.
A government report to be released in coming days says Southwest Airlines Co. failed to prioritize safety and the airline's regulator, the Federal Aviation Administration, hasn't done enough about it. Southwest pilots flew more than 17 million passengers on ...
(Adds settlement amount in paragraph 2). By Tom Hals. WILMINGTON, Del., Jan 30 (Reuters) - Directors of Tesla Inc settled a shareholder lawsuit over the company's 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone ...
The U.S. cannabis market enters 2020 with plenty of catalysts for higher sales and better profits for industry participants. One of the primary ways to benefit from immediate growth in the sector is via state level approval of medical or recreational cannabis sales ...
(Reuters) - Visa Inc (V.N) missed analysts' estimates for revenue and posted a 14% rise in operating expenses for the first quarter on Thursday, sending its shares down nearly 2%. The world's largest payments network has been spending more on rewards ...
Apple owes the California Institute of Technology $837 million for selling devices with patent-infringing Wi-Fi chips, a Los Angeles federal jury ruled on Wednesday. Broadcom, which sold the chips to Apple, owes Caltech another $270 million.
SpaceX is said to be in talks with local government officials about setting up a new rocket factory in the Port of Los Angeles, a location that would give it easy access to the ocean for transporting its next-generation Starship and Super Heavy launch vehicles to ...
New York (CNN Business) Several of this year's hottest stocks have something in common: Investors believe they are overvalued, and are betting that their share prices will soon fall. Tesla (TSLA), Beyond Meat (BYND) and SmileDirectClub (SDC), for ...
Shares of ServiceNow have risen ~7% to new all-time highs after reporting fourth-quarter results and issuing FY20 guidance. Of note is how ServiceNow has managed to maintain mid-30s revenue growth despite the company's >$4 billion annual revenue ...
AT&T (NYSE: T) lost another 1.16 million video subscribers in the fourth quarter, bringing its 2019 total to 4.1 million. The company ended the year with 20.4 million subscribers between DirecTV, U-Verse, and AT&T TV Now. The rapid decline in subscribers ...
Farfetch is getting investments from two companies. Here's what it means for the company going forward. Daniel Miller. (TMFTwoCoins). Jan 30, 2020 at 11:22AM. Author Bio. As a Motley Fool Industrial Specialist, I use my marketing and business background ...
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As One Medical looks to become the first venture-backed company to price its IPO in 2020 this afternoon and Casper aims to price its ...
The ex-Green Beret who aided Carlos Ghosn's escape from Japan enlisted his own son to help plan the caper, Japanese prosecutors said Thursday as they issued three new arrest warrants in the case. The trio sought by Japanese authorities includes ...
International Business Machines Corp. named Arvind Krishna as chief executive officer, replacing longtime CEO Virginia Rometty. Krishna is currently the head of IBM's cloud and cognitive software unit and was a principal architect of the company's purchase ...
YOKOHAMA, Japan—The heads of the Renault-Nissan auto-making alliance said they would seek to stop the infighting that has riven their 20-year-old partnership by putting a single company in charge of specific markets and engineering projects.
Mammoth Biosciences Inc. has raised another $45 million to push forward on plans to develop tests using the latest in the gene-editing technology known as Crispr. The oversubscribed investment was led by Decheng Capital with participation from Mayfield, ...
Lucky' Market in Ormond Beach has changed its operating hours to 10 a.m. to 6 p.m. as it prepares to permanently close its doors in February. ORMOND BEACH — Lucky's Market on East Granada Boulevard reduced its operating hours to 10 a.m.-6 p.m. this ...
More than 165,000 infant sleepers were voluntarily recalled Wednesday for possible risk of suffocation to infants, according to an announcement from the Consumer Product Safety Commission (CPSC). Continue Reading Below. Four companies were ...
EAST RUTHERFORD, NJ – Construction is progressing at Bergen County's first Krispy Kreme, according to a report. The donut shop, which will be opened at 51 Route 17 South in East Rutherford in the Liberty Commons shopping center, recently installed its ...
Jan 30 (Reuters) - U.S. stocks stages a late session rebound to close higher on Thursday after comments from the World Health Organization (WHO) that declared the China coronavirus a global emergency, while earnings painted a mixed picture. The Dow ...
The U.S. homeownership rate is now at its highest point in six years, signaling continued confidence in the market despite anxiety that the current cycle is nearing an end. Rates dipped in most big cities, which have priced out many potential buyers. According ...
(Reuters) - British cybersecurity company Avast will close the Jumpshot analytics business at the center of a data privacy scandal, it said on Thursday, putting hundreds of jobs at risk and deepening a slide in its shares. Avast allegedly collected data on what ...
The transcatheter mitral valve implantation (TMVI) market is receiving a huge jolt through a new regulatory approval. Abbott Laboratories said it has obtained CE mark for the Tendyne System. The Abbott Park, IL-based company's device treats significant ...
ST. LOUIS — Local union janitors have voted to authorize a strike if they don't see wage increases from their employers. The Service Employees International Union (SEIU) Local 1 union said that if negotiations for better wages and benefits stall, they are ...
The US Treasury yield curve, whose movements are watched by traders for harbingers of recession, has become inverted again as the intensifying coronavirus outbreak revived fears of a global growth slowdown. For the first time since ...
Lots of people may come down with a case of "Super Bowl Fever" on Monday. A survey by The Workforce Institute estimates 17.5 million employees will be calling out. That's the highest number of absences since the group started tracking in 2005. More than ...
There's no right or wrong way to watch the Super Bowl, but some might consider a Super Bowl soiree without chicken wings a major faux pas. Photo by Metro Editorial Service. By Metro Editorial Service. Few events generate as much enthusiasm among ...
Santa Ana will see a return of last week's warm temperatures, due to last through Saturday, according to the seven-day forecast from drone-powered weather service Saildrone. The weather will bring a high temperature of 84 degrees on Friday, then turn ...
WASHINGTON (KNWA) — Astrochef LLC is recalling about 7,363 pounds of pepperoni-stuff pizza sandwich products, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced on Wednesday. The frozen, stuffed pepperoni ...
An Arroyo Grande high school is getting ready to become one of the first to use sensors to cut down on vaping on campus. Lopez High School officials say four sensors will be installed in four bathrooms. The sensors will be able to detect a set of chemicals ...
Fire up those old cartridges. Video game company Atari is getting into the hospitality business, planning a series of branded hotels — complete with arcade-themed bars and restaurants — across eight U.S. cities, including Seattle. Though details are still slim, ...
BOCA RATON, Fla., Jan. 30, 2020 /PRNewswire/ -- MiX Telematics (JSE: MIX, NYSE: MIXT), a leading global provider of fleet and mobile asset management solutions delivered as SaaS, has announced the signing of a major contract with National Oilwell ...
This couple owes $900,000 of student loans - and now the wife can't become a lawyer. Here's what you need to know. Student Loan Debt. Cynthia Marie Rodgers, 59, graduated from Capital Law School and intended to become a lawyer in Ohio. As part of ...
American Airlines is asking the U.S. Department of Transportation for more flights into Cuba's capital Havana, even after the Trump Administration cracked down on travel to the island nation. In fact, the most recent restrictions to other Cuban airports may ...
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