Tuesday October 15-th, 2019

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce to buy Tableau Software in $15.3 billion deal

Tableau uses self-service analytics to help people with any skill level work with data. "As part of the world's #1 CRM company, Tableau's intuitive and powerful analytics will enable millions more people to discover actionable insights across their...

France prepared to cut Renault stake to bolster deal with Nissan France prepared to cut Renault stake to bolster deal with Nissan

Nissan on Monday said it had received a letter from Renault stating the French automaker planned to abstain from a shareholder vote on the reform plans, effectively blocking them as they require a two-thirds majority to pass. French Economy and Finan...

Three details 5G rollout plan, starts in August with 5G home broadband

Three will start its 5G rollout with home broadband. It will then follow-up by expanding its 5G mobile network to 25 cities and towns by the end of the year. Three claims speeds will be comparable to fibre broadband. Plus it's apparently powered...

United Technologies, Raytheon to combine in all-stock 'merger of equals' United Technologies, Raytheon to combine in all-stock 'merger of equals'

The merger between United Technologies (UTX) and Raytheon ( RTN ) is likely to build a broad and complementary portfolio of high-growth aerospace and defense products. United Technologies, comprised of Collins Aerospace and Pratt & Whitney, operate...

G20 finance chiefs express concern over risks from 'intensified' trade conflict G20 finance chiefs express concern over risks from 'intensified' trade conflict

He said the U.S.is prepared to move forward on the terms of a deal previously discussed with China , should Beijing decide to do so. The final communique will also say the G20 leaders "will continue to address these risks and stand ready to take...

Woman facing felony charges in Bezos protest Woman facing felony charges in Bezos protest

Indian-American activist Priya Sawhney, who interrupted Amazon Founder and CEO Jeff Bezos' on-stage talk, was arrested on trespassing and burglary charges. She is expected to be represented by a lawyer in court. Sawhney is due again in court July...

Investment firm to buy Barnes & Noble in $683M deal Investment firm to buy Barnes & Noble in $683M deal

The financial backing of Elliott, which says it now manages approximately $34 billion in assets, shouldn't hurt Barnes & Noble either. SG Americas Securities LLC acquired a new stake in shares of Barnes & Noble in the first quarter valued at approxim...

BTC that was stolen on Bitfinex has finally been spotted BTC that was stolen on Bitfinex has finally been spotted

Around $1.4 million's worth of Bitcoins, which is more than 172 was transacted within 14 hours, ending with a $140,000 transaction late in the evening at 20:00 UTC. Earlier this year in February, the United States law enforcement agencies had been ab...

Proposed US tariffs on Mexico suspended indefinitely

But the Mexican government had already pledged to do that in March during secret talks in Miami between Kirstjen Nielsen, then the secretary of homeland security, and Olga Sanchez, the Mexican secretary of the interior, the officials said. "I think t...

Mexico agrees to restrict migration to USA after tariffs threats Mexico agrees to restrict migration to USA after tariffs threats

The move puts to an end - for now - a threat that had sparked dire warnings from members of Trump's own party, who warned the tariffs would damage the economy, drive up prices for consumers and imperil an updated North American trade pact. The presid...

Plant-based burger maker Beyond Meat beats forecasts in 1Q Plant-based burger maker Beyond Meat beats forecasts in 1Q

Beyond Meat said net revenues rose 215% to $40.2 million in the first quarter of 2019 compared to $12.8 million in the same period a year earlier, the company said in a statement . "We're now entering a phase where we're dealing with much larger a...

Bundesbank slashes German growth forecasts Bundesbank slashes German growth forecasts

After a period of economic boom, "the German economy is now experiencing a marked cool down", according to the Bundesbank. A modest recovery is expected next year, when officials predict growth will return to 1.2pc. The outlook for 2020 was lowered t...

Hiring slows in U.S., likely boosting calls for a rate cut Hiring slows in U.S., likely boosting calls for a rate cut

The weak report set off a fury of speculation among Wall Street analysts over whether the Federal Reserve will cut interest rates at one of its upcoming meetings to keep the economy on an even keel. Trump said he will increase tariffs by 5 percenta...

Dysfunctional overcharge market: UK clamps down on banks' high overdraft charges Dysfunctional overcharge market: UK clamps down on banks' high overdraft charges

In addition, there will no longer be higher fees for unplanned overdrafts than for arranged ones. The Financial Conduct Authority (FCA) said it will stop the practice of high street banks imposing higher penalties for unarranged overdrafts than f...

Trump Threatens China With New Tariffs Worth $300 Billion Trump Threatens China With New Tariffs Worth $300 Billion

A fall in imports of consumer goods and vehicles could point to slower consumer spending ahead, economists said. The U.S. trade deficit in goods and services is running at $205.4 billion this year, up 2% from $201.3 billion in January-April 2018.

Facebook Will Charge $10M For a Validator Node to Run Its Cryptocurrency Facebook Will Charge $10M For a Validator Node to Run Its Cryptocurrency

It also plans to charge $10 million per license to third-party organizations to act as a "node" to help validate transactions made by the network's native token. On the other hand, only a sliver of Facebook's 2 billion users probably overlap with a...

Some Kroger frozen berries recalled over possible Hepatitis A contamination Some Kroger frozen berries recalled over possible Hepatitis A contamination

Kroger is recalling the berries that have been distributed to all Kroger stores across the country, including Fry's. Kroger was informed by the FDA that a sample of the Private Selection frozen berries was tested by the FDA and found to be contami...

Trump halts trade war threats as Mexico agrees 'strong measures' on migrants Trump halts trade war threats as Mexico agrees 'strong measures' on migrants

Later on Friday, the US State Department published a joint bilateral declaration on curbing illegal migration at the US-Mexican border. U.S. Secretary of State Mike Pompeo is thanking his Mexican counterpart for his "hard work" after the two nation...

Opec close to agreeing oil pact extension: S Arabia Opec close to agreeing oil pact extension: S Arabia

Crude later pared gains. The Organization of the Petroleum Exporting Countries , Russia and other non-members agreed in December to reduce supply by 1.2 million barrels per day from January 1 until the end of this month. "This floor is in line w...

Travel woes linger at Los Angeles airport after power outage Travel woes linger at Los Angeles airport after power outage

The airport had to reboot its equipment during the four hour outage. "When there is a power outage , the generators automatically kick in". "Everything is back on and running", Gallardo said, Los Angeles Times reported . and had diverted seven i...

European Central Bank rate to remain at record low 'until mid-2020' European Central Bank rate to remain at record low 'until mid-2020'

Market participants appeared to read it as pushing back against the possibility of a rate cut. It previously stated in March that rates would remain on hold until at least the end of this year. With risks in the form of Italy's budget conflict, Bre...

Uber's COO and CMO are stepping down a month after its IPO Uber's COO and CMO are stepping down a month after its IPO

Uber's chief operating officer and chief marketing officer have stepped down following a leadership reshuffle at the ride-hailing app. Uber CEO Dara Khosrowshahi with driver partners. "It's been an honor". The stock closed Friday down 76 cents, ...

Mega Millions results for 06/07/19: 1 victor of $530 million jackpot Mega Millions results for 06/07/19: 1 victor of $530 million jackpot

The winning numbers are 17, 19, 27, 40 and 68 for the five white balls and 2 for the gold Mega ball. It is the seventh-largest jackpot in the history of the game. This is the first jackpot in the game to exceed the $500 million mark since last year'...

Pentagon eyes rare earth supplies in Africa in push away from China Pentagon eyes rare earth supplies in Africa in push away from China

Jin Baisong, a retired researcher at the Chinese Academy of International Trade and Economic Cooperation, noted China's rare earth export quota didn't have the desired effect, as smuggling of rare earths was rampant and some export companies fals...

Italy faces EU sanctions over high debt, deficit Italy faces EU sanctions over high debt, deficit

Deputy Prime Minister and far-right League leader Matteo Salvini had declared war so-called "cannabis light" shops in the run up to the European Parliament elections. Two weeks to decide Commission Vice-President Valdis Dombrovskis said the disc...

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