BERLIN – The German economy grew by a stronger-than-expected 0.8 percent in the third quarter compared with the previous three-month period. Continue Reading Below The figure reported Tuesday by the Federal Statistical Office compared with economists’ expectations of 0.6 percent growth in Europe’s biggest economy. Gross domestic product grew 0.6 […]
FOX Business News
‘Weinstein Effect’ goes global as powerful men confronted
The sexual harassment and assault allegations against Harvey Weinstein that rocked Hollywood and sparked a flurry of allegations in other American industries, as well as the political arena, are reaching far beyond U.S. borders. Emboldened by the women, and men, who have spoken up, the “Weinstein Effect” is rippling across […]
NTSB to rule on cause of Amtrak crash that killed 2 workers
PHILADELPHIA – A federal investigation into what caused a speeding Amtrak train to slam into a backhoe last year near Philadelphia, killing two maintenance workers, already has found evidence of a lax safety culture, poor communication and employee drug use at the government-owned railroad. Continue Reading Below Now, with the […]
Is gun maker liable? Court takes up Newtown shooting case
HARTFORD, Conn. – With both gun rights supporters and gun control advocates nationwide looking on, lawyers for Newtown families and gun maker Remington Arms are set to face off Tuesday before the Connecticut Supreme Court to argue whether the company should be held liable for the Sandy Hook Elementary School […]
Consumer safety group to unveil ‘most dangerous’ toys list
BOSTON – A Boston-based child safety group is releasing its annual holiday list of the ten most hazardous toys. Continue Reading Below World Against Toys Causing Harm, or W.A.T.C.H., is unveiling its list Tuesday at a children’s hospital in Boston. The nonprofit organization has been releasing the lists for more […]
4 Things Skechers Management Wants You to Know
Shoe company Skechers (NYSE: SKX) put up record revenue — again — in its most recent earnings report. There was a lot to like in this report as the company continues to execute well on all fronts. In the quarterly call with analysts, management was positive about the U.S. market, […]
JD.com, Inc. Turns a Profit on 38% Higher Sales
JD.com (NASDAQ: JD), which runs a large e-commerce business in China, reported third-quarter results early Monday morning. The company turned a small profit as top-line sales expanded nearly 40% over the year-ago period, and the company is working up a data-driven marketing platform with the help of many well-known partners. […]
Will the Volta GPU Help NVIDIA Conquer the Cloud?
NVIDIA‘s (NASDAQ: NVDA) data center business has been one of its biggest growth drivers in recent quarters thanks to the growing application of GPUs (graphics processing units) in cloud computing applications. The chipmaker now gets almost 19% of its revenue by selling GPUs for data centers, up from 10% just a […]
These 3 Stocks Are Up Over 20% in 2017 and They Aren’t Done Growing
Market momentum can be a powerful wealth-building tool. From successful turnaround stories and underappreciated business models to up-and-coming disruptors, skyrocketing share prices can be an early sign of far greater things to come. Continue Reading Below Not every rising stock is destined for long-term success, of course, so we asked […]
3 Key Takeaways From Cirrus Logic’s Earnings Report
Audio-chip developer Cirrus Logic (NASDAQ: CRUS) reported Q2 2018 earnings on Nov. 2 that beat analyst estimates on the top and bottom lines. While that looks great in isolation, Cirrus’ revenue declined year over year, and concerns remain that the company doesn’t have a lot of near-term growth drivers outside […]