Sunday July 12-th, 2020

Asian shares up as 'phase one' trade deal boosts confidence:The Asahi Shimbun Asian shares up as 'phase one' trade deal boosts confidence:The Asahi Shimbun

It was last up 0.25 per cent. European shares were set to build on the previous week's gains. The stoop came in spite of everything four indexes jumped Friday on news that the U.S. "Certainly there were expectations perhaps that the rollback woul...

Boeing could suspend or cut 737 MAX output Boeing could suspend or cut 737 MAX output

The 737 MAX has been grounded since March following two fatal crashes in Indonesia and Ethiopia that killed a total of 346 people. Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle, Washington, U.S. Boeing has bee...

(NYSE:LYV) Receives $74.86 Consensus PT from Analysts (NYSE:LYV) Receives $74.86 Consensus PT from Analysts

The stock was bought at an average price of $61.54 per share, for a total transaction of $276,930.00. (NYSE: LYV)'s stock price hit a new 52-week high during trading on Friday. Live Nation Entertainment (NYSE:LYV) last released its earnings results...

Broadcom (NASDAQ:AVGO) Upgraded to Broadcom (NASDAQ:AVGO) Upgraded to "Strong-Buy" at BidaskClub

BidaskClub raised Broadcom from a "buy" rating to a "strong-buy" rating in a research report on Friday. On Friday, September 13 the stock rating was maintained by KeyBanc Capital Markets with "Overweight". The stock was sold at an average price of $...

Pepsi Cafe coffee-cola drink launches next year Pepsi Cafe coffee-cola drink launches next year

Vanilla leads may include vanilla cola flavor with an intimation of coffee in it. Caffeine may be twice as that of original cola. While Coca-Cola has already launched Coca-Cola Plus Coffee in a number of global markets, PepsiCo tracks the beginni...

AAA - Gas Prices Steady, Holiday Travel Significantly Higher AAA - Gas Prices Steady, Holiday Travel Significantly Higher

AAA says a record 115.6 million people will travel this holiday season, from Sunday, December 21st through Wednesday, January 1st. That would represent an increase of almost 4 percent over last year's holiday travel, leading to crowded terminals a...

Starbucks Apologizes to Deputies Who Weren’t Served at Store Starbucks Apologizes to Deputies Who Weren’t Served at Store

Bianco referred to the prior incidents Friday, writing on Twitter, "The anti police culture repeatedly displayed by Starbucks employees must end". "There is simply no excuse for how two Riverside deputies were ignored for almost 5 minutes at our ...

Oil's rally above $60 fades as trade deal fails to impress Oil's rally above $60 fades as trade deal fails to impress

Oil prices on Tuesday fell close to its lowest in a week as the market discounted the latest talk by OPEC that it would extend output cuts beyond June. Commerzbank said that OPEC cuts would need to last into the fourth quarter to achieve the group'...

British pound surges to highest level since 2016 British pound surges to highest level since 2016

The victory for the Tories was huge, taking 364 seats and 43.6 percent of the vote. But the new - and returning - PM will also have to make sure the economy stays up while doing so. Avoiding new tariffs should also be a boost to China's slowing eco...

China Suspends Planned Tariffs Scheduled for December 15 on Some US Goods China Suspends Planned Tariffs Scheduled for December 15 on Some US Goods

He said negotiators will not wait to tackle thornier questions, such as China's mass subsidies for domestic industries. Trump said phase-two talks will begin immediately instead of waiting after the 2020 election . The tepid reaction from trader...

Passengers evacuate Qantas plane using emergency slides at Sydney airport Passengers evacuate Qantas plane using emergency slides at Sydney airport

After the take-off, the pilots realised there was something wrong with the hydraulic system that may affect the landing controls and flaps on the aircraft, so they chose to turn around the flight to origin Sydney. Another passenger posted photos of t...

Lawyers seek exhumation of founder of cryptocurrency firm CNN Lawyers seek exhumation of founder of cryptocurrency firm CNN

Gerald Cotten, 30, held the virtual keys to a whopping $137 million in online currency kept in "digital wallets", when he died suddenly a year ago of complications of Crohn's Disease, according to the BBC . Lawyers representing users of the collapse...

Boris Johnson plans to go on spending spree in north Boris Johnson plans to go on spending spree in north

But Boris Johnson has a problem: Scotland voted overwhelmingly for a party that wants independence. "I can imagine people's pencils hovering over the ballot paper and wavering before coming down for us and the Conservatives , and I know that peopl...

'The Beverly Hillbillies' mansion sells for $150 million, sets Calif. record 'The Beverly Hillbillies' mansion sells for $150 million, sets Calif. record

Or the fact that the house, called Chartwell , was used for exterior shots of the Clampetts' place in the credits for The Beverly Hillbillies . The luxury Bel Air estate is now the second most expensive home ever sold in the United States, surp...

Protests against Johnson begin in London and Glasgow Protests against Johnson begin in London and Glasgow

According to the votes counted in all 650 polling stations across the country, they won 364 seats in the 650-seat House of Commons. The success of Boris Johnson , the prime minister who has been compared to President Donald Trump, will boost the b...

Germany's Delivery Hero to buy Korea's Woowa in US$4 bln deal Germany's Delivery Hero to buy Korea's Woowa in US$4 bln deal

Delivery Hero and Woowa Brothers will also form a 50/50 joint venture, dubbed Woowa DH Asia , at Singapore. Competition in online food delivery has heated up as SoftBank-backed e-commerce platform Coupang has launched a food delivery service, c...

Elizabeth Warren's wealth tax math doesn't add up, nonpartisan analysis says Elizabeth Warren's wealth tax math doesn't add up, nonpartisan analysis says

An added wealth tax raises nearly nothing: In order to raise revenues for her Medicare-for-All proposal, Warren added an additional 3% wealth tax on billionaires to her fiscal plan, which imposes a 2% tax on household wealth over $50 million and now ...

Australia: Government stops short of major clampdown on Facebook, Google Australia: Government stops short of major clampdown on Facebook, Google

The government will ask the major digital platforms to develop a voluntary code (or codes) of conduct for disinformation and news quality, which will be enforced by ACMA. "The urgent need for regulatory equality between foreign digital platforms and ...

Facebook faces possible FTC action in antitrust probe Facebook faces possible FTC action in antitrust probe

And if Facebook is to integrate the infrastructure behind the three apps, breaking up the company in the future would make things even more complex. Sources familiar with the matter told The Wall Street Journal that the potential action would zer...

Qantas chooses A350-100 as its Qantas chooses A350-100 as its "preferred" for the Sunrise project

The choice of up to 12 A350-1000 planes fitted with an extra fuel tank for flights of up to 21 hours cements Airbus as the leader in ultra-long haul flying globally at a time when Boeing is battling delays on its rival 777X programme and a broade...

CMA to launch competition probe into proposed Amazon investment into Deliveroo CMA to launch competition probe into proposed Amazon investment into Deliveroo

The regulator would have five business days to consider whether he accepts his offer instead of referring the case to an in-depth investigation. The competitions watchdog is to launch an in-depth investigation into a planned investment by Amazon ...

New European Central Bank chief holds her first rate meeting New European Central Bank chief holds her first rate meeting

The review "will turn over each and every stone", she said, to address "major changes" that have taken place in recent years, including the challenges posed by climate change and technological advances. The key item to watch was the language on infla...

Lackluster U.S. retail sales cast shadow on fourth-quarter economic growth Lackluster U.S. retail sales cast shadow on fourth-quarter economic growth

Last month, auto sales increased 0.5% after rising 1.0% in October. The critical holiday shopping season is off to a sluggish start in the U.S. But with Thanksgiving falling later in November there were fewer shopping days after Black Friday.

Elon Musk's mother shares a 1995 photo of him fixing car window Elon Musk's mother shares a 1995 photo of him fixing car window

A tweet by a fan club of Tesla said that the picture of how grounded Elon was as a person, adding that billionaires are after human beings with a family and loving mothers. New information about the facility uncovered by German publication Bild hin...

Asian stocks surge as Trump reportedly approves trade deal Asian stocks surge as Trump reportedly approves trade deal

Chinese officials said Friday that the a Phase One agreement has been reached with the US on trade that includes a phased rollback of tariffs. Trump called it 'an wonderful deal for all'. Beijing has so far remained silent. That led the Trump ad...

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