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Trump to hold news conference before leaving Davos forum
Trump to hold news conference before leaving Davos forum
| January 22nd | 2020  6:24AM
Trump to hold news conference before leaving Davos forum
DAVOS, Switzerland (AP) — President Donald Trump said Wednesday that he will hold a news conference before he leaves Switzerland to return to Washington, where his impeachment trial is under way. He announced the unexpected availability during a meeting with Iraqi President Barham Salih. “We’ve had tremendous success in Davos," referring to his attendance at the World Economic Forum.
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The Latest: Official: France will delay the tech tax
The Latest: Official: France will delay the tech tax
| January 22nd | 2020  6:17AM
The Latest: Official: France will delay the tech tax
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 12:10 p.m. A French government official says that France agreed to delay implementation of its tech tax until November as a gesture of goodwill ahead of Wednesday's discussions in exchange for an American promise to drop threats of new tariffs.
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China virus outbreak may wallop economy, financial markets
China virus outbreak may wallop economy, financial markets
| January 22nd | 2020  6:14AM
China virus outbreak may wallop economy, financial markets
BANGKOK (AP) — News that a new virus that has afflicted hundreds of people in central China can spread between humans has rattled financial markets and raised concern it might wallop the economy just as it might be regaining momentum. Health authorities across Asia have been stepping up surveillance and other precautions to prevent a…
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Davos: Hopes for digital tax breakthrough between US, France
Davos: Hopes for digital tax breakthrough between US, France
| January 22nd | 2020  5:22AM
Davos: Hopes for digital tax breakthrough between US, France
DAVOS, Switzerland (AP) — Hopes are rising that a breakthrough in discussions on how to tax digital companies will emerge at the World Economic Forum on Wednesday. José Ángel Gurría, the secretary general of the Organization for Economic Co-operation and Development group of leading industrial nations, told The Associated…
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Britain's EU Journey: When it signed up, 16 years late
Britain's EU Journey: When it signed up, 16 years late
| January 22nd | 2020  5:16AM
Britain's EU Journey: When it signed up, 16 years late
LONDON (AP) — Britain officially leaves the European Union on Jan. 31 after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. Difficult negotiations setting out the new relationship between Britain and its European neighbors will continue throughout 2020. This series…
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World shares higher after selloffs spurred by Chinese virus
World shares higher after selloffs spurred by Chinese virus
| January 22nd | 2020  5:05AM
World shares higher after selloffs spurred by Chinese virus
BANGKOK (AP) — World share prices rebounded Wednesday as confidence rose in China's handling of an outbreak of a new virus that has infected 440 people, with nine confirmed deaths. Britain's FTSE 100 gained 0.2% to 7,622.61, while the CAC 40 in Paris was flat at 6,047.81. In Germany, the DAX picked up 0.2% to 13,585.45. The future contract for the S&P 500 gained 0.4% while that for the Dow Jones Industrial Average rose 0.3%.
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Davos: Hopes for digital tax breakthrough between France, US
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| January 22nd | 2020  4:08AM
Davos: Hopes for digital tax breakthrough between France, US
DAVOS, Switzerland (AP) — Hopes are rising that a breakthrough in discussions on how to tax digital companies will emerge at the World Economic Forum on Wednesday. José Ángel Gurria, the secretary general of the Organization for Economic Co-operation and Development group of leading industrial nations, told The Associated…
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Asian shares higher after selloffs spurred by Chinese virus
Glenn Carell
| January 22nd | 2020  2:44AM
Asian shares higher after selloffs spurred by Chinese virus
BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday after U.S. stocks tumbled overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.7% to 24,031.35 and the Kospi in South Korea surged 1.2% to 2,267.25. In Hong Kong, the Hang Seng jumped 1.3% to 28,355.10. The S&P ASX/200 in Sydney gained 0.9% to 7,134.60.
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Facing humiliating controls, Lebanese focus fury on banks
Facing humiliating controls, Lebanese focus fury on banks
| January 22nd | 2020  1:33AM
Facing humiliating controls, Lebanese focus fury on banks
BEIRUT (AP) — Before picking up cash from a downtown bank in Lebanon's capital, Mey Al Sayegh mentally braces herself for what would have been a routine trip before the country's crippling cash crunch. For starters, it will be at least an hour's wait in line before her turn comes. And if she's lucky, she'll be able to withdraw $300 —…
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GM's Cruise heads down new road with new robotaxi concept
GM's Cruise heads down new road with new robotaxi concept
| January 22nd | 2020  12:53AM
GM's Cruise heads down new road with new robotaxi concept
SAN FRANCISCO (AP) — General Motors' self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators to transport people around crowded cities. The service still being developed by GM's…
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UN report: 70% of world lives where inequality has grown
Technology news icon
| January 21st | 2020  9:22PM
UN report: 70% of world lives where inequality has grown
UNITED NATIONS (AP) — More than 70% of the world’s people live in countries where inequality has grown since 1990, including China and India, and growing inequalities are benefiting the wealthiest, a U.N. report said Tuesday. But increasing inequality is not a universal trend, the World Social Report 2020 added, saying there has been…
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Air bag woes force Honda, Toyota to recall 6M vehicles
Corporate news news icon
| January 21st | 2020  9:19PM
Air bag woes force Honda, Toyota to recall 6M vehicles
DETROIT (AP) — Two different air bag glitches have forced Toyota and Honda to recall over 6 million vehicles worldwide, and both problems present different dangers to motorists. The Toyota recall affects about 3.4 million vehicles globally and is being done because the air bags may not inflate in a crash. The cars have air bag control…
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Qualcomm Nears 5G Inflection Point
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| January 21st | 2020  1:00AM
Qualcomm Nears 5G Inflection Point
With only a few weeks to go until their Q1 earnings are released, Qualcomm (NASDAQ: QCOM) is the front foot and gaining momentum in all the right places. Shares went into the long weekend with a 5% rally on Friday that put them at fresh all-time highs which means they’re now up a clean 20% since the start of December. Friday’s latest push…
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How to Invest in the Top Grocery Stocks for This Year
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| January 21st | 2020  1:00AM
How to Invest in the Top Grocery Stocks for This Year
Grocery stocks are issued by companies that sell food through a supermarket, or in some cases, a wholesale warehouse. While consumers can go to a restaurant to get a prepared meal, most consumers purchase what they eat through a supermarket, which sells packaged food and perishables. Top Supermarket Companies Costco Tesco Kroger Albertsons Aldi Whole…
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Women in Business: Top Companies with Female CEOs
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| January 21st | 2020  1:00AM
Women in Business: Top Companies with Female CEOs
CEO stands for “chief executive officer,” which is a gender-neutral term. That said, it shouldn’t surprise you that many female leaders have climbed the corporate ladder to become women CEOs of the biggest, most prestigious companies from around the world. Top 10 Companies with Female CEOs Anthem General Dynamics Kohl’s Synchrony…
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Best Agriculture Stocks to Buy in 2020
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| January 21st | 2020  1:00AM
Best Agriculture Stocks to Buy in 2020
The rural farmlands of the agriculture industry are closely tied to Wall Street. With almost 7 billion people in the world to feed, the agricultural industry has become highly advanced over the years, giving investors a great windfall in the form of growing stock values and dividends. Top Agriculture Companies in the World Cargill Corteva Syngenta…
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Is It Time To Sell Petmed Express?
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| January 21st | 2020  1:00AM
Is It Time To Sell Petmed Express?
Petmed Express Revenue Falls Short Petmed Express (PETS) reported earnings for the 4th quarter this morning and shares are moving lower because of it. Down -2.0% in the premarket and -6.0% shortly after the open, the charts don’t look good. Price action is confirming a top at the $27.50 level that could spell doom for the stock’s value…
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Disney+'s (DIS) European Invasion Steps Up Its Timetable
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| January 21st | 2020  1:00AM
Disney+'s (DIS) European Invasion Steps Up Its Timetable
Perhaps the biggest success story of streaming in the latter half of 2019 was Disney's (NYSE: DIS) entrant into the field, Disney+. Riding a wave of content that had been largely unseen on streaming services, a range of new options, and one of the biggest meme properties ever thanks to Baby Yoda, Disney+ enjoyed spectacular word of mouth and a flood of new subscribers early on.
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Why Bad News May be Good News for Boeing
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| January 21st | 2020  1:00AM
Why Bad News May be Good News for Boeing
There is a saying that bad news comes in threes. Such is the case with Boeing (NYSE:BA) stock as investors digest three pieces of negative news that is putting the stock in the red in midday trading on January 21. The bad news is just the latest in what has been nearly a year of bad headlines for Boeing. The first negative headline came when reports…
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