Semiconductor designer NVIDIA (NASDAQ: NVDA) reported earnings Thursday night, covering the third quarter of fiscal year 2018. The veteran provider of graphics processors and high-performance number-crunching chips saw sales and earnings skyrocket, thanks to large order volumes from the data-center and gaming markets. Continue Reading Below Here’s a closer look […]
FOX Business News
Why Are Bank Stocks in Retreat?
If you’re an investor in bank stocks, you’d be excused for wondering why they’ve been in retreat, with the KBW Bank Index closing down the past five days in a row. What’s behind the decline? It’s impossible to say for sure, but you’d be excused for thinking that the growing […]
China signs on to Alaska gas pipeline, but it’s far from set
ANCHORAGE, Alaska – The latest push in a decadeslong effort to commercialize vast stores of Alaska’s natural gas got a boost when the state announced a deal with three Chinese companies. But the $43 billion project is far from reality. Continue Reading Below The agreement advances a project to move […]
Hawaii boat wreck shows eco-risk of fishing fleet practices
HONOLULU – Just offshore from Waikiki’s pristine white sand beaches, a fishing boat transporting foreign workers destined for low-paying jobs in Hawaii’s fishing fleet smashed into a shallow reef last month. Continue Reading Below The stranded boat has been leaking oil and diesel ever since in an area prized by […]
Chipotle Is Hitting the Gas Pedal on Its Digital Efforts
Chipotle (NYSE: CMG) disappointed investors with its recent earnings report and can’t seem to get its footing on the road to recovery. However, there’s one bright spot in the midst of these challenges: the company’s focus on its digital efforts. Digital ordering is fast becoming a “must have” for restaurants. Mobile […]
Chipmaker Nvidia tops estimates on gaming, data center boost
Nvidia Corp’s <NVDA.O> quarterly profit and revenue topped market estimates and the chipmaker also gave a strong revenue forecast for the current quarter, powered by demand for its graphics chips used in gaming and data centers. Continue Reading Below The company’s shares were up 2.5 percent in extended trading on Thursday. […]
Boost Your Retirement Income With These 8 Tips
Retirement is when most people are assumed to be living on a “fixed income.” Well, yes, Social Security checks can remain fixed for a few years, though they do rise over time to keep up with inflation. Some other income sources, such as bonds, might also offer fixed income. Continue […]
Government dropping fraud suit against nursing chain
ALEXANDRIA, Va. – Just one week after Justice Department lawyers argued that a national nursing-care provider had bilked Medicare out of millions of dollars in unnecessary services, government lawyers are now moving to drop their lawsuit entirely. Continue Reading Below Toledo, Ohio-based HCR ManorCare, which operates more than 270 skilled […]
Oil prices rise on supply cuts and political tensions in Saudi Arabia
Oil prices rose nearly 1 percent on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia. Continue Reading Below Brent crude oil LCOc1 settled up 44 cents or 0.7 percent at $63.93 a barrel, still close to Tuesday’s intra-day high […]
Tech tugs Wall Street lower, investors fret about tax cut delays
Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much. Continue Reading Below The S&P 500 has surged about 21 percent since […]