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Tag: Featured


Financial Services, Industries

Why PayPal’s Approval to Enter China’s Payments Market May Be Less Than It Seems

October 2, 2019

Via: Fortune

PayPal Holdings has become the first foreign payments company to gain a foothold in China, more than a year after Beijing said it would open the space to foreign firms. But the deal may be less than it seems, as […]


Industries, Others

McDonald’s slides after JP Morgan analyst says chain’s earnings seem ‘softer’ than expected

October 1, 2019

Via: CNBC

McDonald’s shares slid more 2% on Tuesday after an analyst at J.P. Morgan raised concern about the fast-food chain’s third-quarter results. Analyst John Ivankoe lowered his estimate for same-store sales growth — a key metric for restaurants — to 5% […]


Finance Tech, Industries, Manufacturing, Trading

Stocks fall after data show deepening U.S. manufacturing woes

October 1, 2019

Via: Market Watch

U.S. stocks gave up early morning gains to trade lower Tuesday morning after the Institute for Supply Management’s survey of U.S. manufacturers showed the sector falling deeper into contraction, as President Trump’s trade war with China drags on. What are […]


Finance Tech, Trading

World shares mixed on jitters over US policy toward China

September 30, 2019

Via: ABC News

World shares meandered on Monday after talk of limits on U.S. stock listings by Chinese companies undermined hopes for progress in trade negotiations. Chinese manufacturing data slightly exceeded analysts’ estimates but failed to fully offset renewed concern over the trade […]


Industries, Retail & Wholesale

Forever 21 Adds to Retail Apocalypse With Its Own Bankruptcy Filing

September 30, 2019

Via: Fortune

Forever 21 Inc. filed for bankruptcy protection, adding another big fashion merchant to the tally of retailers who couldn’t cope with high rents and heavy competition. Court papers filed in the Bankruptcy Court for the District of Delaware show Forever […]


Finance Tech, Trading

Why Trump impeachment threat is rattling stock-market investors — at least for now

September 25, 2019

Via: Market Watch

The threat of impeachment is back, and this time investors appear to be paying at least some attention. “It felt like politics really wasn’t moving markets too much until today,” Art Hogan, chief market strategist for National, told MarketWatch during […]


Energy, Industries

Oil declines on signs of progress in restoring Saudi output, worries over global demand

September 24, 2019

Via: Market Watch

Oil futures declined Tuesday, under pressure as traders see signs that Saudi Arabia is making progress in restoring production following attacks on processing facilities as well as concerns over the global demand picture. Prices fell toward the session’s lows as […]


News

Signs point to housing market heating up as home prices stop slowdown in July

September 24, 2019

Via: CNBC

Home price gains have been shrinking since March 2018, but now signs point to reheating in the housing market. The much-watched S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.2% annually in July, the same gain reported in June. […]


Enterprise, Industries

China’s Tesla Has Already Lost $5 Billion and Now It’s Fighting for Its Survival

September 23, 2019

Via: Fortune

It took Tesla Inc. about 15 years to rack up $5 billion in losses. The company known as China’s Tesla did it in four. The bleeding continues. Shanghai-based NIO Inc. is poised to report Tuesday that it lost another 2.6 […]


Finance Tech, Trading

Global shares slip as Iran tensions loom

September 23, 2019

Via: ABC News

World shares were mostly lower Monday as investors kept a wary eye on tensions with Iran and on prospects for a resolution of the tariffs war between China and the U.S. Germany’s DAX dropped 0.7% to 12,376.50 while the CAC […]