Samsung profits plunge 56% but strong smartphone sales offer a boost – CNN
Month: October 2019
The clothing store Dressbarn announced it was going out of business and will eventually shut down 650 stores. Veuers Justin Kircher has the story. Buzz60 Liquidation sales at the remaining Dressbarn stores will start Friday, the struggling retailer announc…
Facebook board member and Trump supporter Peter Thiel called Elon Musk a “negative role model” because his many innovations make him difficult to emulate. Thiel, who called himself a “good friend” of the Tesla and SpaceX CEO, made the comment during a debate…
WarnerMedia has spent the last year or so building a library of licensed and original content for its forthcoming streaming platform HBO Max, launching in May 2020 at the price point of $14.99 per month. Plenty of new additions to HBO Max’s shelves were anno…
The cost of new hires and real estate added up for Google last quarter. Alphabet Inc.s big earnings shortfall was not just the result of its equity investment losses: Continued heavy spending on hiring and real estate by the internet search and advertising …
Shares in Asia mostly traded higher Tuesday morning as investors monitor further developments on the U.S.-China trade front with the two economic powerhouses working toward a deal. In Japan, the Nikkei 225 rose 0.52% while the Topix gained 0.93%. Shares of a…
Asian markets open higher as HSBC and pork producer WH Group are set to report earnings – CNN
CHEROKEE, Ia. An idle Iowa meat-processing plant that closed earlier this year after only a few months of operation has been sold. The Sioux City Journal reports that Lopez Foods paid $5.8 million for the plant in Cherokee, Iowa, and the company plans to res…
BEIJING (Reuters) – China’s largely rubber stamp parliament has passed a new law on cryptography as the country gears up to launch its own digital currency, state media reported late on Saturday. China’s central bank set up a research team in 2014 to explor…
Bitcoin has seen an absolute whirlwind of the past 48 hours. As you likely know, the leading cryptocurrency has traded within a massive $3,300 price range as crypto markets have incurred their latest bout of volatility after weeks of lull. At its local peak, …