HONG KONG – Qatar Airways is buying nearly 10 percent of Hong Kong carrier Cathay Pacific Airways for about $662 million, the companies said Monday, in a deal making it Cathay’s third-biggest shareholder. Continue Reading Below The Middle Eastern carrier said it bought almost 3.8 million Cathay shares, which represents […]
FOX News
House GOP weighs repeal of health mandate in tax bill
WASHINGTON – House Republicans are weighing a repeal of a key tenet of the Obama-era health care law as the tax-writing committee begins work on crafting the bill. Continue Reading Below Speaker Paul Ryan said Sunday the GOP is discussing scrapping the health law’s requirement that people have insurance coverage […]
Top UK North Ireland official in Brussels for Brexit talks
BRUSSELS – Britain’s top Northern Ireland official is in Brussels for talks with the European Union’s Brexit negotiator and other EU representatives on the future of the Northern Ireland-Ireland border. Continue Reading Below James Brokenshire said in a statement Monday that “there must be no physical infrastructure at the border” […]
AP FACT CHECK: Trump and the not-so-middle-class tax cut
WASHINGTON – Republicans can’t say it enough — the tax plan on the table is for the middle class. But the numbers tell the tale of a tax cut tilted to the rich. Continue Reading Below An Associated Press Fact Check finds that some in the middle could see their […]
SoftBank raising stake in Sprint, reports falling profit
TOKYO – Japanese internet and solar company SoftBank Group Corp. is raising its stake in Sprint Corp. after merger talks with T-Mobile collapsed, signaling its commitment to a turnaround at the U.S. wireless carrier. Continue Reading Below Tokyo-based SoftBank reported Monday that July-September net profit tumbled to 113 billion yen […]
German factory orders post 2nd consecutive increase
BERLIN – German factory orders rose for a second consecutive month in September, powered by a large increase in demand from other eurozone countries. Continue Reading Below The Economy Ministry said Monday that orders were 1 percent higher than the previous month, following a 4.1 percent rise in August. Orders […]
AP PHOTOS: Poverty, hardship laid bare amid homeless crisis
Homelessness is not a new issue to America’s West Coast. But it’s getting worse – much worse. Continue Reading Below On any given night, more than 105,000 people are sleeping unsheltered in some of the country’s biggest and trendiest metropolises, driven there by soaring housing costs, rental vacancy rates that […]
This Week: Earnings reports from CVS, Priceline and others
A look at some of the key business events and economic indicators upcoming this week: Continue Reading Below EARN, BABY, EARN Corporate earnings will continue to roll in next week as investors will see results from travel website Priceline and department store chain Kohl’s. More than 300 of the companies […]
Do Credit-Shy Millennials Have It Right?
Though credit card abuse is hardy a new trend in the U.S., it’s one that seems to be growing increasingly out of control. Earlier this year, outstanding credit card debt reached an all-time high, totaling over $1 trillion. Continue Reading Below But even though it might seem as if most […]
This Chipmaker Could Win Big From Deep Learning
Deep learning is a subsegment of artificial intelligence (AI) in which multiple computers to talk to each other through artificial neural networks. These artificial neural networks allow computers to understand random information without any prior programming, and Xilinx‘s (NASDAQ: XLNX) field-programmable gate arrays (FPGAs) are ideal for powering the deep […]