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Asian stocks pause after sell-off; dollar, oil near recent highs - Reuters

Mon, 04/23/2018 - 8:53pm

Reuters

Asian stocks pause after sell-off; dollar, oil near recent highs
Reuters
TOKYO/SYDNEY (Reuters) - Asian stocks steadied after hitting two-week lows on Tuesday as investors paused for breathe following a heavy sell-off in recent sessions and waited to see if the dollar's rally was sustainable. An employee of the Tokyo Stock ...

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US debt deluge lifts bond yields to four-year high, Asia stocks down - Reuters

Mon, 04/23/2018 - 8:53pm

Reuters

US debt deluge lifts bond yields to four-year high, Asia stocks down
Reuters
Market gauge of investors' inflation expectations such as the 5-year forward inflation swap and 10-year breakeven yield have hit their highest levels in many months. Investors are concerned that U.S. inflation, long subdued since the financial crisis a ...

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United Continental Board Seeks New Chairman, Cuts CEO's Pay - Wall Street Journal

Mon, 04/23/2018 - 8:17pm

Wall Street Journal

United Continental Board Seeks New Chairman, Cuts CEO's Pay
Wall Street Journal
Total compensation for United Continental Chief Executive Oscar Munoz will almost halve for 2017 compared with the previous year, the carrier disclosed in a proxy statement. Photo: kamil krzaczynski/Reuters. By. Doug Cameron. Doug Cameron. The Wall ...
United CEO skips bonus after passenger-dragging incidentChicago Tribune
United Airlines CEO to Skip Bonus, Chairman Will Step AsideBloomberg
United CEO Oscar Munoz is skipping his bonus after rocky 2017CNNMoney

all 9 news articles »

Ice pops recalled over possible listeria contamination - Q13 FOX

Mon, 04/23/2018 - 8:09pm

Q13 FOX

Ice pops recalled over possible listeria contamination
Q13 FOX
DENVER – A West Virginia company is voluntarily recalling thousands of cases of ice pops because of possible listeria contamination at a Denver facility, the Food and Drug Administration announced Monday. The recall covers two types of frozen desserts ...
Ziegenfelder Company recalls ice pops due to possible Listeria contaminationKLTV
Ziegenfelder Company recalls ice pops due to concern of Listeria contaminationWTOV Steubenville
These frozen desserts were sold in 15 states. Listeria caused their recall.Miami Herald
cleveland.com
all 8 news articles »

Should You Buy Wynn Resorts Stock Ahead of Q1 Earnings? - Nasdaq

Mon, 04/23/2018 - 7:24pm

Nasdaq

Should You Buy Wynn Resorts Stock Ahead of Q1 Earnings?
Nasdaq
Shares of Wynn Resorts WYNN experienced marginal gains on Monday, just one day before the company is scheduled to report its first quarter financial results. This climb is part of a larger 9% surge over the last four weeks, which might suggest that ...
Elaine Wynn Asks Shareholders to Oust Board MemberU.S. News & World Report

all 122 news articles »Google News

YouTube Says Computers Are Catching Problem Videos - New York Times

Mon, 04/23/2018 - 7:02pm

New York Times

YouTube Says Computers Are Catching Problem Videos
New York Times
SAN FRANCISCO — The vast majority of videos removed from YouTube toward the end of last year for violating the site's content guidelines had first been detected by machines instead of humans, the Google-owned company said on Monday. YouTube said it ...
YouTube took down more than 8 million videos in 3 monthsCNNMoney
YouTube Deleted 8 Million Videos in Q4, Mostly Porn and SpamVariety
AI Is Now YouTube's Biggest Weapon Against the Spread of Offensive VideosFortune
TechCrunch -Forbes -PCMag -Digital Trends
all 92 news articles »

Wells Fargo Faces Wrath of Activists Over Scandals, NRA Work - Bloomberg

Mon, 04/23/2018 - 5:27pm

Bloomberg

Wells Fargo Faces Wrath of Activists Over Scandals, NRA Work
Bloomberg
Wells Fargo & Co.'s investors have a big day ahead -- and so do the company's critics. Activist groups are planning a march Tuesday in Des Moines, Iowa, where the bank is holding its annual shareholders meeting, as well as “sister” protests in cities ...
Wells Fargo CEO's pay details spark pushback by some employeesReuters
California Treasurer Calls for Wells Fargo CEO Removal Amid 'Laundry List of Misdeeds'Wall Street Journal (blog)
California Treasurer turns up heat as 'death knell tolls for Wells Fargo'San Francisco Business Times
Business Wire (press release) -Recharge -Climate Action (press release) -Innovators Magazine
all 15 news articles »

Amazon, Netflix team up to sue rival streaming service - Fox Business

Mon, 04/23/2018 - 4:38pm

Fox Business

Amazon, Netflix team up to sue rival streaming service
Fox Business
Amazon and Netflix are teaming up with several top Hollywood studios in a lawsuit against rival streaming service Set TV. Continue Reading Below. The plaintiffs include Sony Pictures, Disney, Warner Bros. and other studios that comprise the Alliance ...
Studios Take Aim at Another Pirate Streaming DeviceVariety
Hollywood, Netflix and Amazon look to shut down 'illicit' streaming serviceTechRadar

all 25 news articles »

Amazon, Netflix team up to sue rival streaming service - Fox Business

Mon, 04/23/2018 - 4:38pm

Fox Business

Amazon, Netflix team up to sue rival streaming service
Fox Business
Amazon and Netflix are teaming up with several top Hollywood studios in a lawsuit against rival streaming service Set TV. Continue Reading Below. The plaintiffs include Sony Pictures, Disney, Warner Bros. and other studios that comprise the Alliance ...

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Google parent Alphabet profit beats despite privacy concerns - Reuters

Mon, 04/23/2018 - 4:17pm

Reuters

Google parent Alphabet profit beats despite privacy concerns
Reuters
SAN FRANCISCO (Reuters) - Google owner Alphabet Inc (GOOGL.O) reported first-quarter sales and profit Monday that topped financial analysts' estimates as it achieved better pricing on ads and saw unrealized income from startup investments, sending its ...
Alphabet shares seesaw after earnings beatCNBC
Google beats expectations again with $31.15B in revenueTechCrunch
Alphabet Shares Rise on Earnings, Revenue Beat But Some Concerns RemainTheStreet.com
Variety -Barron's -Financial Times -Alphabet
all 115 news articles »

Walmart's CEO earns 1188 times as much as the company's median worker - CNNMoney

Mon, 04/23/2018 - 3:55pm

CNNMoney

Walmart's CEO earns 1188 times as much as the company's median worker
CNNMoney
Walmart's CEO makes a lot more than the company's median worker. 1,188 times more, to be exact. Doug McMillon earned $22.8 million during the retailer's last fiscal year, which ended on January 31, according to a company filing. Walmart's median ...
Walmart CEO's Salary Is 1188 Times the Median Employee's24/7 Wall St.

all 4 news articles »

Billionaire CEO won't stop trying to save Toys 'R' Us - CNNMoney

Mon, 04/23/2018 - 2:53pm

CNNMoney

Billionaire CEO won't stop trying to save Toys 'R' Us
CNNMoney
Isaac Larian, the billionaire toy executive behind Bratz dolls and Little Tikes toys, said he is still hopeful he can save 274 US-based Toys "R" Us stores, even though his initial $675 million bid for those stores was not accepted. He's dropping his ...
Toys 'R' Us seeks approval to sell Canadian divisionChain Store Age
LA toy mogul scraps bid for Canadian Toys R Us stores, works to sweeten US dealLos Angeles Times
Fairfax readies game plan for Toys 'R' Us CanadaThe Globe and Mail
New York Business Journal -Financial Post -CBC.ca -PE Hub (blog)
all 21 news articles »

Net neutrality is on the chopping block. Now what? - CNET

Mon, 04/23/2018 - 2:35pm

CNET

Net neutrality is on the chopping block. Now what?
CNET
The Obama-era net neutrality rules, passed in 2015, pretty much dead. As of Monday, some of the proposals regarding the Republican-led FCC's oversight of the internet, known as "Restoring Internet Freedom," goes into effect. Because this is Washington ...
Net neutrality is officially dead today, but the fight to revive it lives onTechCrunch
Net Neutrality is officially deadThinkProgress
Saving net neutrality, one house at a timeBangor Daily News
Marketplace.org -TNW -Inverse -CBC.ca
all 20 news articles »Google News

Jeff Gundlach Says It's Time to Go Short on Facebook - Bloomberg

Mon, 04/23/2018 - 1:47pm

Bloomberg

Jeff Gundlach Says It's Time to Go Short on Facebook
Bloomberg
Jeffrey Gundlach, the chief investment officer of Los Angeles-based DoubleLine Capital, used the Sohn Conference in New York to tout the SPDR S&P Oil & Gas Exploration & Production ETF and to recommend shorting Facebook Inc. as a relative-value trade ...
Gundlach says buy oil producers, bet against Facebook: Sohn ConferenceReuters
Gundlach says he's long energy stocks, short Facebook at Sohn ConferenceCNBC
Sohn 2018: Gundlach Kicks Facebook While It's DownBarron's
Yahoo Finance -MarketWatch -ValueWalk -Seeking Alpha
all 25 news articles »

EU Opens In-Depth Investigation Into Apple's Acquisition of Shazam - Nasdaq

Mon, 04/23/2018 - 12:12pm

Nasdaq

EU Opens In-Depth Investigation Into Apple's Acquisition of Shazam
Nasdaq
The European Union opened what it called an in-depth investigation into Apple 's proposed acquisition of London-based music identification service Shazam , E.U. regulators announced Monday. Regulators are concerned the acquisition could reduce choice ...
EU investigators to investigate Apple's bid for ShazamReuters
EU probes Apple plan to buy music appThe Business Times
Commission launches probe of Apple's bid for ShazamPOLITICO.eu
CNBC -AppleInsider -The Verge -Mac Rumors
all 56 news articles »

MID-DAY: Strong earnings outweighing tensions over rising treasury yields; Toys 'R' Us Canada to be bought by FairFax - My Yellowknife Now

Mon, 04/23/2018 - 12:00pm

My Yellowknife Now

MID-DAY: Strong earnings outweighing tensions over rising treasury yields; Toys 'R' Us Canada to be bought by FairFax
My Yellowknife Now
Strong earnings reports are outweighing worries over high bond yields in the US. On Wall Street the Dow is steady at 24,447. On Bay Street, the TSX is up to 15,544 thanks to a boost from the financial sector. Analysts say as more positive earnings ...

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US Existing-Home Sales Rise as Properties Draw Quick Bids - Bloomberg

Mon, 04/23/2018 - 10:15am

Bloomberg

US Existing-Home Sales Rise as Properties Draw Quick Bids
Bloomberg
Sales of previously owned U.S. homes rose to a four-month high as buyers, fueled by a solid job market and and tax cuts, quickly snapped up the limited number of available properties, National Association of Realtors data showed Monday. Highlights of ...
US Existing-Home Sales Rose in MarchWall Street Journal
Existing-home sales roar back in March even as supply crunch worsensMarketWatch
US Existing Home Sales Climb More Than Expected In MarchNasdaq

all 18 news articles »

Why Ford Isn't Using GM's Nine-Speed Automatic Transmission - Jalopnik

Mon, 04/23/2018 - 10:05am

Jalopnik

Why Ford Isn't Using GM's Nine-Speed Automatic Transmission
Jalopnik
Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know. 1st Gear: Why Ford Isn't Using GM's Nine-Speed Automatic. Back in April of ...
Ford Refuses To Use GM's 9-Speed Automatic TransmissionYahoo News

all 30 news articles »Google News

'Beautiful girls are needed.' Chinese tech firms under fire for sexist job ads - CNNMoney

Mon, 04/23/2018 - 9:55am

CNNMoney

'Beautiful girls are needed.' Chinese tech firms under fire for sexist job ads
CNNMoney
China's biggest tech companies are promising to make changes after being named in a report detailing discrimination against women in job advertising in the country. Titled "Only Men Need Apply," the report published Monday by Human Rights Watch says ...
Sexist Job Ads Show Discrimination Rife at China Tech GiantsBloomberg
Alibaba, Baidu, and other Chinese tech companies post men-only job listings, report findsThe Verge
Huge numbers of job postings in China specify 'men only' or dictate women's appearanceTechCrunch
Forbes -Quartz -Gizmodo -Reuters
all 34 news articles »

Sears CEO Eddie Lampert's hedge fund wants to buy Kenmore and other Sears assets - CNBC

Mon, 04/23/2018 - 9:36am

CNBC

Sears CEO Eddie Lampert's hedge fund wants to buy Kenmore and other Sears assets
CNBC
ESL Investments, the hedge fund led by Sears Holdings CEO Eddie Lampert, has made a proposal to buy the Kenmore brand, Sears' Home Improvement business, its PartsDirect division and some of the department store chain's real estate. The firm wrote in a ...
Sears shares jump after Eddie Lampert's hedge fund recommends sale of Kenmore, other assetsMarketWatch
Sears higher after ESL offers to buy certain assetsSeeking Alpha

all 16 news articles »

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