Posts Tagged by Stocks

Tesla’s website is down (TSLA) was intermittently offline Monday morning. The outage was reported by many users on Twitter and the issue was replicated by Business Insider staffers. An online service to check website outages,, confirmed the server was not responding. Tesla did not immediately respond to a […]

Born out of the financial crisis, bull market nears record

If U.S. stocks don’t drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days, a record that few would have predicted when the market struggled to find its footing […]

Rupee rises 33 paise, rebounds from lifetime lows

This is the biggest single-day jump against the US dollar in seven weeks. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Kevin Spacey’s new movie made only $126 on its opening day, with an estimated 6 people seeing it per theater this weekend

Kevin Spacey’s new movie, “Billionaire Boy’s Club,” premiered to an abysmal $126 on Friday, according to The Hollywood Reporter. THR estimates the movie made just over $600 the entire weekend in 11 theaters, and that an average of six people saw the movie in each […]

Greeks see little cause for joy as 8-year bailout era ends

For all the official pronouncements that Greece’s eight-year crisis will be over as its third and last bailout program ends Monday, few Greeks see cause for celebration. read more >>> Source:: CTVNews.Ca

At the start of every semester, a business school professor asks his students a question, and most everyone gets the answer dead wrong

Starting a business because you’re passionate about it isn’t always advisable, experts say. Too much enthusiasm can be unappealing to potential investors, who would rather see an entrepreneur who’s highly prepared. Passion can also lead to poor business decisions. Some research suggests that passion can […]

PepsiCo announces $3.2-billion purchase of SodaStream

Beverage giant PepsiCo on Monday purchased Israel’s fizzy drink maker SodaStream for $3.2 billion, with its chairman saying the companies should fit together well. read more >>> Source:: CTVNews.Ca

4 bitcoin exchanges are taking a page out of the stock market’s playbook, and it could be a game changer for crypto

A group of cryptocurrency exchanges including the Winklevoss brothers’ Gemini are teaming up to form a new working group. The hope is that it could bring to fruition new industry standards that currently don’t exist for crypto and could make large investors more comfortable with […]

The world’s biggest shipping company warns Trump’s trade war will hurt America more than anyone else

CEO of Maersk, the world’s largest shipping company, warns the impact of President Donald Trump’s trade war will be bigger in the US than anywhere else. It could knock 4% off US trade annually, Soren Skou said at an event in Denmark. The impact would […]

Get a plan before withdrawing from an RESP: financial advisers

When the time comes to start withdrawing money from RESP accounts to pay for tuition, books and other costs of a post-secondary education, financial advisers say you need a plan. read more >>> Source:: CTVNews.Ca

GOLDMAN SACHS: The market is about to be redefined by one huge shift — and buying these 14 stocks can help you make a killing

The US dollar has been surprising strong this year amid Federal Reserve tightening and escalating global trade tensions, but Goldman Sachs says it’s due for a big reversal. The firm has identified 14 companies that it expects to outperform the broader market as this shift […]

Erdoğan: Currency crisis an “attack” on Turkey

Erdoğan: Currency crisis an “attack” on Turkey read more >>> Source:: EuroNews.Com

Turkey’s Rating Cut Deeper Into Junk

The weakening of the lira is putting pressure on the indebted corporate sector read more >>> Source:: EconomicTimes.IndiaTimes.Com

Dollar dips on trade optimism, US-China talks awaited

The strains pushed the dollar index to 96.984 last Wednesday, its highest since June 2017. read more >>> Source:: EconomicTimes.IndiaTimes.Com

The US has more million-dollar real estate markets than ever — here are 23 cities where the typical home will be $1 million by next year

Home prices in the United States are still rising, pushing more and more cities into $1 million territory. Nearly 200 cities currently have a median home value of at least $1 million, and another 23 cities are projected to join the seven-figure club by summer […]

We visited the regional chain that Southerners say is better than In-N-Out and Shake Shack — here’s the verdict

Cook Out is the fast-food king of North Carolina. The chain only has locations in 10 states but has developed a cult following in the South. We visited a Richmond, Virginia, location and saw why customers adore Cook Out. New Yorkers love Shake Shack. The […]

THE DIGITAL REMITTANCE REPORT: The new platforms disrupting a $600 billion industry (PYPL, WU, MGI)

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Every year, migrants send hundreds of billions of dollars worth of remittances back to friends and family in their […]

The biggest tech companies are about to undergo a major reshuffling on the stock market — here’s what’s coming, and why it matters

MSCI and S&P are soon to make some changes to how tech companies are categorized on the S&P 500 for the first time since 1999. On September 28, a new Communication Services sector will replace the current Telecoms sector, and will include some of the […]

Five things to watch for in the Canadian business world in the coming week

From retail trade to employment insurance, there will be no shortage of business news this week. read more >>> Source:: CTVNews.Ca

This VC explains why she’s sticking to small checks even as $100 million rounds become the norm in Silicon Valley

When Shruti Gandhi started Array Ventures in 2015 she had two principles in mind: Invest early, and help founders. While the world of venture capital is full of $100 million checks and billion-dollar valuations, Gandhi prefers to fund seed stage rounds in the $500,000 to […]

Even after massively diluting its stock, MoviePass’ parent company could issue billions of more shares, and there’s little investors can do about it (HMNY)

Helios and Matheson, the parent company of MoviePass, has already massively diluted shareholders by issuing hundreds of millions of shares. But investors could see a lot more dilution to come. The company has the authority to issue billions of additional shares and has shown that […]

U.S. administration says conserving oil no longer an economic imperative

The U.S. administration has declared that conserving oil is no longer a major economic imperative for the country. read more >>> Source:: CTVNews.Ca

The cofounder of fashion brand Superdry is donating £1 million to fund a second Brexit referendum

Julian Dunkerton, the cofounder of fashion brand Superdry, is donating £1 million to the People’s Vote campaign. The UK campaign group is calling for a second referendum on the terms of Britain’s exit from the EU. It wants Brits to be given the option to […]

It looks like ‘Y2K all over again’ for stocks as evidence of an imminent crash continues to pile up

The market is facing a growing number of alarming comparisons between the dot-com era and current conditions. The most recent observation, from Leuthold Group, relates to the jagged, uninspiring recovery by US stocks since their 11% correction earlier this year. Other bearish parallels — specifically […]

The ‘conundrum’ at the heart of the British economy is getting worse — and economists are baffled

UK unemployment fell to a fresh record low this week, but wage growth is still failing to gain momentum. Andrew Goodwin, lead UK economist at Oxford Economics, calls this the “conundrum” at the heart of the British labour market. Sadly, there seems to be no […]

Rupee depreciation due to dollar strengthening rather than inherent weakness: HSBC

The rupee has been on a downtrend amid global uncertainties and concerns over inflation. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Lockheed Martin’s #WorldPhotoDay Tweet Backfires

The since-deleted tweet came days after reports identified a Lockheed Martin bomb as one used in an attack on a Yemen school bus. read more >>> Source:: HuffingtonPost.Com

The 25 most generous philanthropists in America today

The Chronicle of Philanthropy publishes an annual list of the top 50 philanthropists (both individuals and couples) by calculating their yearly donations. In 2017, America’s wealthiest residents donated $14.7 billion to nonprofit organizations. About 60% of the total was donated by people who made their […]

How an invite-only meeting at Apple’s luxury loft in New York set the stage for one of the world’s biggest subscription businesses (AAPL)

Apple’s App Store may be the world’s largest software distribution platform. But there are concerns that the competitiveness of the marketplace may make it difficult to maintain high-quality utility apps. Apple is strongly encouraging developers to transition to a subscription, software-as-a-service model, and held an […]

The card rewards strategies issuers can use to win top-of-wallet status while maximizing returns

US consumer debt is climbing to pre-recession levels. Competition driven by consumer card appetite in the US is hurting issuer returns. Business Insider Intelligence obtained proprietary survey data to understand which credit card features consumers value most, and what issuers should focus on to earn […]

Airlines are using these 5 planes to replace the Boeing 747 jumbo jet (BA)

The Boeing 747 jumbo jet’s days as a passenger plane are numbered. In fact, Boeing admits that the future of the 747 is as a cargo plane. Over the past few years, many 747 operates have either retired or made plans to retire their jumbo […]

B.C. resource and tourism industries worried as wildfires rip through

Tourists are still filling golf courses and shops in Kimberley, B.C., but the smoke-filled city’s unique SunMine solar power project is operating at less than half of capacity as nearby forest fires continue to rage. read more >>> Source:: CTVNews.Ca

The midterm elections could paralyze a key instrument of Trump’s agenda for the US economy

History suggests that the Republican party would lose control of the House but keep the Senate in the midterm elections, according to Steve Rattner, the CEO of Willett Advisors. “Every single arrow points to a significant Democratic victory in the fall,” he said. Rattner is […]

The biggest tip for fintech startups wanting to work with established finance companies, according to a top stock exchange exec

Thomas Zeeb, the head of securities and exchanges at the Swiss stock exchange, says fintech companies should “learn the regulations” if they want to work with established players. “The idea is cool but building that bridge back into the financial world to make it financially […]

Forex kitty hits a low on RBI dollar sales

Foreign exchange dealers said that RBI was seen selling dollars to prevent the local currency from falling freely. read more >>> Source:: EconomicTimes.IndiaTimes.Com

The 2019 Volvo XC40 hits a sweet spot in the compact luxury SUV segment — and it’s bringing a new generation of customers to the Swedish brand

The Volvo XC40 is the newest and smallest addition to the Swedish automaker’s SUV lineup. It arrives at the perfect time for Volvo, as the luxury compact SUV segment evolves in the US. The XC40 is a tasteful, high-quality and exceptionally well-packaged small SUV for […]

Canada’s biggest airline seeks finance ministry approval to form insurance firm

Air Canada is seeking finance ministry approval to form its own life insurance company as a gateway to the annuities market and a hedge against looming pension payouts. read more >>> Source:: CTVNews.Ca

B.C. resource and tourism industries braced as wildfires rip through forests

The tourists are still filling golf courses and shops in Kimberley, B.C., but the smoke-filled city’s unique SunMine solar power project is operating at less than half of capacity as an evacuation alert remained in place Friday as a nearby forest fire raged. read more […]

The 25 highest-paying jobs in the US, ranked

High paying jobs can feel out of reach, but they’re out there. Some lucrative gigs, according to Glassdoor’s latest rankings, require years of graduate studies. Others are more easily accessible. High paying jobs are out there — you’ve just got to know where to look. […]

HUD files discrimination complaint against Facebook

CNBC’s Seema Mody reports on the Department of Housing and Urban Development filing a complaint against Facebook for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination. read more >>> Source:: CNBC.Com

What issuers can do to win market share in a period of unprecedented regulation and competition

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $290 billion. […]

Higher fuel, labour costs push airfare skyward, boosting rise in inflation

Rising fuel costs drove a 28 per cent year-over-year rise in the price of airfare and helped push inflation to its highest level since 2011. read more >>> Source:: CTVNews.Ca

Three simple charts show just how dedicated Google is to dominating Amazon and Microsoft in artificial intelligence (GOOG, GOOGL)

Researchers at CB Insights waded into Google’s earnings, public statements and patent filings to illustrate where the search giant is headed. When it comes to artificial intelligence, Google is filing for more AI-related patents than Amazon, Microsoft and Facebook. Their extensive report shows that when […]

Rising rates imperil world’s priciest property market

After a decade-long rally in Hong Kong, growing mortgage costs may finally deflate the city’s housing bubble, The Financial Times reports. read more >>> Source:: CNBC.Com

Trump’s economic agenda is exacerbating America’s inequality crisis

US income inequality, already at its worst levels since the 1920s, is likely to get worse because of President Donald Trump’s economic policies, including a tax-cut program that was heavily tilted toward the wealthy. A new report from the Economic Policy Institute finds the average […]

Next Page »