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Business

Dow wins as earnings and China Makes recession fear a distant memory

Michael George Haddad Text size Back in Business . Equities rose across the board on Friday, with all three major market indices slipping gains. After a dry spell, the first quarter's earnings season finally emerged, with bank earnings increasing the investors' mood and many more big names on tires next week. Finally, a disturbance to the lack of news about …

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5G is getting a big boost from Trump and FCC

A cell phone tower. Trump administration will soon sell more bandwidth to allow 5G wireless service (Jeff Roberson / AP) Brian Fung Reporter focuses on telecommunications, media and competition 12. April at. 10:40 The Trump administration and government authorities are expected to reveal a great push Friday afternoon at the White House to accelerate the spread of the fast next …

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Dow Jumps Triple Digits as JP Morgan, Chevron Boost Bulls At Investing.com

© Reuters. Investing.com – U.S. stocks traded higher just after the open as JP Morgan set the stage for what could be a positive surprise for first-quarter earnings and Chevron's multibillion-dollar acquisition restored confidence that equities had further to go despite a slowing economy. [9659004] At 9: 33 AM ET (13:33 GMT), the gained 223 points, or 0.9%, that 26,366.07 …

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Uber IPO filling reveals how it spends its money – Quartz

Amazon is everyone's favorite example of a company that lost money to make money. But Amazon has nothing on Uber. Uber Technologies Inc. today revealed its registration statement for an initial public offering (IPO) widely expected to value the company at $ 100 billion or more. The filing makes clear the massive unloaded Uber accumulated on the road to such …

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Monsanto liable for French farmer's ill health

Image copyright Reuters Image caption Paul Francois says he fell ill after ingestion Lasso, Monsanto's weedkiller product                  US biotech giant Monsanto is legally responsible for the ill health of a farmer who ingested its weedkiller product, a French court has ruled. A French court of law ruled in favor of 55-year-old Paul Francois, who has fought a decade-long legal …

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Fed retreated from further interest rate hikes due to unease on economy, low inflation, FOMC minutes show

Chairman Jerome Powell and other senior officials at the Federal Reserve say "patience" is the word when it comes to raising U.S. interest rates. The Federal Reserve's decision in March to lease interest rates this year was driven by unease over the U.S. and global economies and surprisingly subdued inflation, according to minutes of the pivotal central bank meeting Last …

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Flight attendant is playing drink on CEO: Maddie Peters accidentally drops tray of drinks on American Airlines CEO Doug Parker

An American Airlines flight attendant dropped a tray of drinks on the airline's CEO – and she documented the incident on Instagram, writing, "I WAS MISSED." Maddie Peters said "not once" in her four years with the airline had played a drink on a passenger. But that changed when, according to her account posted online, she was recently serving drinks …

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