Shares in Asia Pacific rose in Monday morning trade amid optimism on the U.S.-China trade front. South Korea’s Kospi advanced 0.79% in early trade, with shares of chipmaker SK Hynix jumping 1.56%. In Australia, the S&P/ASX 200 rose 0.3%, with almost all sectors in positive territory. Investors will watch for […]
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Asia Pacific stocks advance amid US-China trade optimism
Shares in Asia Pacific rose in Monday morning trade amid optimism on the U.S.-China trade front. Mainland Chinese shares rose in early trade, with the Shanghai composite up 0.28% and Shenzhen component gaining 0.62%. The Shenzhen composite also advanced 0.564%. In Hong Kong, the Hang Seng index jumped 1.18% as […]
Under Armour faces federal investigation over its accounting practices
Kevin Plank, founder and CEO of Under Armour sportswear, in his office in Baltimore, Maryland on October 1, 2009. Bill O’Leary | The Washington Post | Getty Images Under Armour is the subject of federal investigations by the Justice Department and Securities and Exchange Commission over its accounting practices, the company […]
Wall Street bull Ed Yardeni worries a ‘market melt-up’ is unfolding
Long-time market bull Edward Yardeni is concerned stocks are getting too expensive. If the S&P 500 forward earnings multiple ticks to 19 or 20, the Yardeni Research president warns a it could spark a “nasty correction.” Right now, the index is at 17. The historic norm is 15 to 16. […]
McDonald’s fires CEO Steve Easterbrook for violating policy by having relationship with employee
McDonald’s CEO Stephen Easterbrook unveils the company’s new corporate headquarters during a grand opening ceremony on June 4, 2018 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images McDonald’s said Sunday that it has fired Chief Executive Steve Easterbrook for violating company policy by having a consensual […]
McDonald’s fires CEO Steve Easterbrook for violating policy over relationship with employee
McDonald’s CEO Stephen Easterbrook unveils the company’s new corporate headquarters during a grand opening ceremony on June 4, 2018 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images McDonald’s said Sunday that it has fired Chief Executive Steve Easterbrook for violating company policy by having a consensual […]
Activision Blizzard’s big Blizzcon event has left some analysts disappointed and ‘hoping for more’
Visitors wait to try out the latest version of Call of Duty Modern Warfare during the press day at the 2019 Gamescom gaming trade fair on August 20, 2019 in Cologne, Germany. Lukas Schulze | Getty Images Despite announcing sequels and expansions to some of their biggest franchises this weekend, […]
Google is staying silent about political ads on YouTube while Facebook and Twitter squabble
Sundar Pichai, chief executive officer of Google, is sworn in during a House Judiciary Committee hearing in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018. Andrew Harrer | Bloomberg | Getty Images While Twitter and Facebook publicly quarrel about whether they should keep political ads on their sites, one big […]
Whistleblower offers Republicans testimony as Trump calls for name to be revealed
The U.S. official whose whistleblower complaint led to the impeachment inquiry against President Donald Trump offered to answer questions directly to Republicans on the intelligence committee leading the inquiry, one of his lawyers said on Sunday. Mark Zaid said the action was taken to counter Republican efforts, led by Trump, […]
Consumers can’t get enough Bentley, Lamborghini and Rolls-Royce SUVs
Rolls-Royce Cullinan Source: Rolls-Royce Rolls-Royce, Bentley, Lamborghini and Maserati have long histories of building high-end, exclusive cars for wealthy clients. All four, though, have introduced SUVs in recent years to help claim their share of the rapidly expanding market. It’s working. The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati […]