The U.S. airstrike that killed Iran’s top commander showed Tehran that it can’t get away with its provocations, but won’t stop the country from continuing with its agenda, a former chief of Saudi intelligence told CNBC. “The taking out of (Qasem) Soleimani definitely has been an important step to check at least some of the […]
Tag: business news
Intellectual property protection benefits Beijing
President Donald Trump, with (L-R) Vice President Mike Pence, Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, speaks during a press conference with Chinas Vice Premier Liu He(not shown), the countrys top trade negotiator, before they sign a trade agreement between the US and China during a ceremony in the East Room of […]
Goldman Sachs dumped its entire stake in Uber late last year
Uber CEO Dara Khosrowshahi Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs sold its entire stake in ride-hailing giant Uber in the fourth quarter, according to a person with direct knowledge of the move. The sale, which likely resulted in a large gain for the early investor in Uber, helped the bank beat […]
Weekly mortgage applications surge 30%
It was a seriously strong start to 2020 in the mortgage business for new home loans and refinances. Total mortgage application volume surged 30.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinancing led the surge, thanks to a drop in mortgage rates. Those applications jumped 43% for […]
Iran’s Rouhani makes veiled threat to US and EU troops in Middle East
Hassan Rouhani, Iran’s president, looks on during a news conference in Tehran, Iran, on February 6, 2018. Ali Mohammadi | Bloomberg | Getty Images DUBAI, United Arab Emirates — In an angry speech on state television, Iranian President Hassan Rouhani lashed out at the U.S. and Europe for its presence in the Middle East and […]
Target (TGT) holiday 2019 sales fall short of estimates
Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%. […]
Bank of America (BAC) earnings Q4 2019
The financial institution posted fourth-quarter revenue of $7 billion, a 4% decline from a 12 months earlier, or 74 cents a share, which was an surprising 6% improve helped by a discount in excellent shares. That determine exceeded the 68 cent estimate of analysts surveyed by Refinitiv. Revenue fell 1% to $22.5 billion, edging out […]
US-China phase one trade deal may not hold, tariffs could return: Expert
China’s President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017. Nicolas Asfouri | AFP | Getty Images China could face difficulties fulfilling its commitment in the so-called phase one trade deal with the U.S., allowing President Donald Trump to […]
Apple AirPods Pro: Secret Tips and Tricks
Your iPhone has a hidden area that gives you even more control over your AirPods Pro, Apple’s new and more expensive AirPods that feature noise cancellation. You can find it by doing this: Open Settings on your iPhone. Tap Accessibility. Choose your AirPods Pro. Then choose your AirPods Pro that are connected to your iPhone. […]
Senators propose over $1 billion for 5G alternatives to China’s Huawei
Sen. Mark Warner (D-VA) Drew Angerer | Getty Images A bipartisan group of senators introduced legislation Tuesday that would pump more than $1 billion into developing Western 5G equipment alternatives to China’s Huawei. Reasoning that Huawei has been “heavily subsidized by the Chinese government,” the Utilizing Strategic Allied (USA) Telecommunications Act would help Western firms […]
