Bitcoin and the broader cryptocurrency market plunged on Wednesday after the U.S. Securities and Exchange Commission delayed a decision on whether to approve a proposed bitcoin exchange-traded fund (ETF). The federal agency said it will continue deliberations on the bitcoin ETF, which, if approved, would be the first of its kind. The bitcoin ETF, which Read More…
Elon Musk’s lawyers are probably poring over rule 14e-8 of the Securities Exchange Act of 1934 right about now. That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading in Tesla’s shares after nonchalantly tweeting Tuesday that he was thinking Read More…
A startup unicorn is joining the streaming-video fray. Media mogul Jeffrey Katzenberg has raised $1 billion for a new mobile streaming service he’s calling “NewTV,” CNN reports. Disney, Warner Bros, Entertainment One, and other major media firms have invested. Katzenberg recruited in January former eBay and HP CEO Meg Whitman to helm “NewTV.” The service Read More…
Wendy’s had preliminary merger talks with Papa John’s before the company’s founder, John Schnatter, stepped down as chairman last week, a source familiar with the situation told CNBC. The talks cooled after Schnatter’s use of a racially charged slur led to his resignation. Schnatter still sits on Papa John’s board and has a nearly 30 Read More…
BEIJING/SHANGHAI (Reuters) – Ford Motor Co (F.N) has appointed a new head of China operations to help turn around flagging sales in the world’s largest auto market, filling a post that had been vacant since January after the firm’s previous China chief suddenly quit. FILE PHOTO: Chery Automobile Co Ltd CEO Chen Anning attends an Read More…
SUZHOU, China, Oct. 23, 2018 /PRNewswire/ — CStone Pharmaceuticals (“CStone”) today announced that the United States Food and Drug Administration (FDA) has recently granted approval to the company’s Investigational New Drug (IND) application for the independently developed recombinant humanized anti-programmed death-1 (PD-1) monoclonal antibody (mAb) CS1003. This represents CStone’s second drug candidate to receive IND approval Read More…
Campbell Soup on Tuesday released a statement that disavowed a conspiracy theory tweeted by the company’s vice president of government affairs. The soup company was responding to a remark from company lobbyist Kelly Johnston — who claimed that George Soros was deploying “rail cars” to transport an illegal immigrant caravan into the US. “The opinions Read More…
Un componente clave de la campaña Respeta Mi Gente es una inversión considerable en medios pagados. RMG espera que eso difunda el mensaje de que los hispanos, particularmente los puertorriqueños, son una fuerza política que se debe reconocer cuando ejerzan su derecho al voto. Mediante anuncios de radio, televisión y digitales, la campaña reforzará temas clave que Read More…
MADISON HEIGHTS, Mich., Oct. 23, 2018 /PRNewswire/ — At the end of September, the BetterInvesting 100 Index (BIXX), reflecting the portfolios of Main Street investors, increased 14.3 percent annually for the previous 10 years, versus annual growth of 13.1 percent for the S&P 500 Equal-Weight Index (based on a total return for both indexes in Read More…
At TEDx CaohejingParkSalon Zhao explained to a young audience of budding entrepreneurs that “in 2015, I travelled back to my homeland to lead Honor. Although I only had B2B experience back then, I knew that I only had one option — to make Honor succeed. Over the past few years, in a ‘Fearless Technology, Infinite Read More…
LONDON, Oct. 23, 2018 /PRNewswire/ — Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, the leading B2B fintech with 21% CAGR over three years, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitisation experts, with goals to make trade safer, smarter and faster. Both firms Read More…
Georgia’s more efficient and cost-effective solar power system relies on data from the National Oceanic and Atmospheric Administration to determine where the sun will be at any date and time. She built a computer model to illustrate how electricity from solar panels pointed at those spots would compare to electricity produced by fixed-position panels and Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — The space mining market to grow at a CAGR of 23.6% from 2018 to 2025 The space mining market is expected to grow from USD 0.65 billion in 2018 to USD 2.84 billion by 2023, at a CAGR of 23.6%. Ongoing and impending space mining missions, increasing investments Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — About Peripheral Neuropathy Peripheral neuropathy is a set of symptoms caused by any damage to the nerves that are away from the brain and spinal cord. Peripheral neuropathy is not a single, homogenous disease, but it is a mix of different clinical presentations, natural histories, and pathology. Read Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — The global healthcare consulting services market projected to grow at a CAGR of 10.2% during the forecast period Read the full report: https://www.reportlinker.com/p05598595 The global healthcare consulting services market is expected to reach USD 15.88 billion by 2023 from USD 9.76 billion in 2018, at a CAGR of Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — About Shaftless Screw Conveyors Sludge or bulk materials coming out from centrifuges, presses, and mixers are conveyed and metered with the help of shaftless screw conveyors. Depending on the type of material to be transported, the screw on shaftless screw conveyors rotate on anti-wear bars or high-density molecular Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — Global isostatic pressing market to grow at 8.08% CAGR during 2018–2023 The isostatic pressing market is expected to reach USD 9.22 billion by 2023 from USD 6.25 billion by 2018 at a CAGR of 8.08%. Isostatic pressing is broadly classified into 2 types: hot isostatic pressing and cold Read More…
SEOUL (Reuters) – South Korea’s LG Display Co Ltd (034220.KS) posted a 76 percent fall in third-quarter profit on Wednesday compared with a year earlier, after two quarters of consecutive losses, helped by higher seasonal panel prices. FILE PHOTO: A woman looks at LG Electronics’ organic light-emitting diode (OLED) TV sets, which are made with Read More…
LONDON, Oct. 23, 2018 /PRNewswire/ — Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, the leading B2B fintech with 21% CAGR over three years, has joined enterprise software firm R3’s collaborative initiative to develop innovative applications and solutions on its Corda blockchain platform. iGTB is exploring the development of scalable, Read More…
SAN FRANCISCO, Oct. 23, 2018 /PRNewswire/ — Oracle OpenWorld — Oracle CEO Mark Hurd, who last year predicted that 85 percent of production applications will run in the cloud by 2025, got more aggressive in updated guidance shared today. Migration to cloud is happening far faster than anticipated, he said. “Cloud is irrefutable; it’s foundational,” Hurd Read More…
TOKYO (Reuters) – Asian stocks edged up on Wednesday as a late round of buying helped Wall Street indexes pare most of their earlier panic-driven losses, although crude oil struggled near two-month lows after Saudi Arabia flagged possible supply increases. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Read More…
SHANGHAI (Reuters) – Ford Motor Co (F.N) said on Wednesday it had appointed a new head of its China operations to help turn around flagging sales in the world’s largest auto market and fill a post vacated when the firm’s previous China head abruptly stepped down in January. FILE PHOTO: The new Ford Focus car Read More…
President Donald Trump speaking with reporters during an interview with The Wall Street Journal at the White House’s Oval Office in Washington. Photo: T.J. Kirkpatrick for The Wall St 35 Comments By Michael C. Bender, Michael C. Bender The Wall Street Journal Biography @MichaelCBender mike.bender@wsj.com Rebecca Ballhaus, Rebecca Ballhaus The Wall Street Journal Biography @rebeccaballhaus Read More…
4 Comments By Jim Carlton Jim Carlton The Wall Street Journal Biography Jim.Carlton@wsj.com Oct. 23, 2018 7:00 a.m. ET Anchorage, Alaska, is poised to exit a three-year recession amid an economic rebound, helping to pull the rest of the state with it. Photo: ASH ADAMS for the Wall Street Journal ANCHORAGE, Alaska—Brooks Range Petroleum Corp., Read More…
(Reuters) – Railroad operator Union Pacific Corp (UNP.N) said on Tuesday it would cut 475 jobs in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020. FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train Read More…
SEOUL (Reuters) – Higher panel prices ahead of the year-end holidays propelled South Korea’s LG Display Co Ltd (034220.KS) to a third-quarter profit, although analysts doubt the good times will last. FILE PHOTO: A woman looks at LG Electronics’ organic light-emitting diode (OLED) TV sets, which are made with LG Display flat screens, at its Read More…
A worker prepares to lift drills by pulley to the main floor of Endeavor Energy Resources’s Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas, in 2014. Photo: Brittany Sowacke/Bloomberg News 0 Comments By Sarah Kent,, Ben Dummett and Ben Dummett The Wall Street Journal Biography @BenDummett ben.dummett@wsj.com Dana Mattioli Dana Read More…
CANCÚN, México, 23 de octubre de 2018 /PRNewswire/ — Corpovael, S.A.B. DE C.V. “CADU” anunció el día de hoy sus resultados del tercer trimestre de 2018, entre los que destacan: Utilidad Neta por Ps.240 mills. y UAFIDA por Ps.339 mills., lo que representa un crecimiento de 16.6% y 9.9% respectivamente, en comparación con el 3T17. Este Read More…
First introduced at the end of 2013, KineMaster was the first mobile video editing application to go beyond the mere cut and paste functionality to provide professional advanced video clip editing functions as offered in professional editing programs on desktop computers. Since its release, KineMaster has continued to lead the mobile video editing market. It Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — About Continuous Basalt Fiber Continuous basalt fiber consists of fine fibers of basalt and is characterized by high tensile strength, which is driving the vendors to incorporate continuous basalt fibers in their end-user products. Read the full report: https://www.reportlinker.com/p03200283 Technavio’s analysts forecast the global continuous basalt fiber market Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — Technavio’s analysts forecast the global hydroflourocarbons market to grow at a CAGR of 4.06% during the period 2018-2022. Read the full report: https://www.reportlinker.com/p05597412 Covered in this report The report covers the present scenario and the growth prospects of the global hydroflourocarbons market for 2018-2022. To calculate the market Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — About Intraoperative Neuromonitoring Intraoperative neuromonitoring (IONM) minimizes errors and risks during surgeries by providing critical neurophysiological information to the surgeon in real time. It assesses the functional integrity of the patient’s nervous system during surgery, helps prevent permanent damage to the critical neural structures, and reduces the potential Read More…
NEW YORK, Oct. 23, 2018 /PRNewswire/ — About Isophthalic Acid Isophthalic acid is an aromatic dicarboxylic organic compound produced by the oxidation of meta-xylene. This colorless acid is an isomer of terephthalic acid and phthalic acid. Read the full report: https://www.reportlinker.com/p05597407 Technavio’s analysts forecast the global isophthalic acid market to grow at a CAGR of Read More…
Target says it now fulfills about 50% of its digital orders at its stores and plans to fulfill over 90% of two-day orders from the stores. Photo: Antonio Perez/Chicago Tribune/TNS/Zuma Press 8 Comments By Khadeeja Safdar Khadeeja Safdar The Wall Street Journal Biography @khadeeja_safdar KhadeejaSyedaSafdar Google+ khadeeja.safdar@wsj.com Updated Oct. 23, 2018 5:51 p.m. ET Target Read More…
Caterpillar said tariffs the Trump administration implemented earlier this year on foreign steel and aluminum made parts for the machinery it manufactures in the U.S. more expensive. Photo: Callaghan O’Hare/Bloomberg News 12 Comments By Austen Hufford and Austen Hufford The Wall Street Journal Biography @austenhufford austen.hufford austen.hufford@wsj.com Doug Cameron Doug Cameron The Wall Street Journal Read More…
The new $750 iPhone XR is so much like the $1,000 iPhone XS that it’s hard to see why you’d pay more. WSJ’s Joanna Stern reviews the key differences. 121 Comments By Joanna Stern Joanna Stern The Wall Street Journal Biography @JoannaStern JoannaStern joanna.stern@wsj.com Oct. 23, 2018 6:00 a.m. ET Dear reader, I’m not going Read More…
Tesla CEO Elon Musk has promised the company would record a net profit and positive cash flow for the third quarter. Photo: Patrick T. Fallon/Bloomberg News 12 Comments By Tim Higgins Tim Higgins The Wall Street Journal Biography @timkhiggins tim.higgins@wsj.com Oct. 23, 2018 5:54 p.m. ET Tesla Inc.’s TSLA 12.72% shares soared on Tuesday after Read More…
NEW YORK (Reuters) – Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores. A women enters Target after it opened on Read More…
Chairman of the House Ways and Means Committee Kevin Brady (R., Texas) speaking to the media in April. Photo: joshua roberts/Reuters 0 Comments By Richard Rubin Richard Rubin The Wall Street Journal Biography @RichardRubinDC richard.rubin@wsj.com Oct. 23, 2018 5:44 p.m. ET WASHINGTON—Republicans are attempting to turn a vague tax-cut promise floated by President Trump into Read More…
NEW YORK/BATON ROUGE, La. (Reuters) – A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes. U.S. Federal Reserve Chairman Jerome Powell holds a news Read More…
NEW YORK (Reuters) – Tesla Inc shares jumped more than 12 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is now betting the electric automaker’s stock will rise. FILE PHOTO:Two Tesla Model 3 vehicles are shown charging in an underground parking lot next to a Read More…
Velvet ‘Sylvie GG’ pumps on display at a Gucci luxury fashion store in London. Photo: Jason Alden/Bloomberg News 0 Comments By Matthew Dalton Matthew Dalton The Wall Street Journal Biography @DJMatthewDalton Google+ Matthew.Dalton@wsj.com Updated Oct. 23, 2018 5:29 p.m. ET PARIS—Gucci posted robust sales in the third quarter, reporting no signs of a pullback by Read More…
CHICAGO (Reuters) – Caterpillar Inc (CAT.N) tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit estimate, a move that investors feared signaled a cap in earnings growth and sparked a sell-off in its shares. FILE PHOTO: Caterpillar machines are seen at Lianyungang port in Jiangsu province, Read More…