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Tencent Will Distribute Nintendo Switch in China

TENCENT WILL DISTRIBUTE NINTENDO SWITCH IN CHINA

The Nintendo Switch will be making its way to China's console market thanks to a partnership with Tencent. The news comes in a recent...

Johnson & Johnson's net earnings dropped 14% in the first-quarter

JOHNSON & JOHNSON'S NET EARNINGS DROPPED 14% IN THE FIRST-QUARTER

Johnson & Johnson shares rose in pre-market trading Tuesday after the company released first-quarter results that beat Wall Street's...

 
 
 
A Guardian of Global Capitalism Warns Capitalism Has A Problem

A GUARDIAN OF GLOBAL CAPITALISM WARNS CAPITALISM HAS A PROBLEM

The IMF finds companies are getting increasingly powerful. Here's why that's bad for consumers and for the whole economy. (Image credit:...

Wells Fargo earnings top estimates

WELLS FARGO EARNINGS TOP ESTIMATES

Wells Fargo beat earnings expectations for the first quarter. Shares were little changed ahead of Friday's opening bell. The embattled...

 
 
 
Uber made a startling admission: It may never be profitable. The warning serves as a chilling reminder of the dotcom crash

UBER MADE A STARTLING ADMISSION: IT MAY NEVER BE PROFITABLE. THE WARNING SERVES AS A CHILLING REMINDER OF THE DOTCOM CRASH

Uber filed to go public on Thursday, publishing a 300-page prospectus for potential investors. The document contains a startling revelation:...

Bed Bath & Beyond tumbles after Q4 results

BED BATH & BEYOND TUMBLES AFTER Q4 RESULTS

Bed Bath & Beyond reported mixed fourth-quarter results on Wednesday evening. Shares plunged 8.5% as investors digested the report. Bed...

 
 
 
'The slowdown story is a complication' - Global stocks are down after central banks warn on growth

'THE SLOWDOWN STORY IS A COMPLICATION' - GLOBAL STOCKS ARE DOWN AFTER CENTRAL BANKS WARN ON GROWTH

Asian and European stocks and US futures fell on Thursday after central banks warned of a global economic slowdown and Brexit uncertainty...

Amazon workers reportedly get to hear some of what you tell Alexa, and they have a chat room to talk about 'amusing' recordings

AMAZON WORKERS REPORTEDLY GET TO HEAR SOME OF WHAT YOU TELL ALEXA, AND THEY HAVE A CHAT ROOM TO TALK ABOUT 'AMUSING' RECORDINGS

AP Images Amazon has thousands of workers around the world listening to recordings of conversations between users and the Alexa voice...

 
 
 
Delta Air Lines beats on earnings and guidance

DELTA AIR LINES BEATS ON EARNINGS AND GUIDANCE

Delta Air Lines on Wednesday reported first-quarter earnings that topped Wall Street estimates, sending shares up 1.67% ahead of the...

Here comes Levi Strauss' first earnings report as a public company in nearly 35 years

HERE COMES LEVI STRAUSS' FIRST EARNINGS REPORT AS A PUBLIC COMPANY IN NEARLY 35 YEARS

Levi Strauss , the iconic denim brand that returned to the public market last month, is scheduled to report its first-quarter earnings...

 
 
 
The Shed's $404 Million USD Project Was 10 Years in the Making

THE SHED'S $404 MILLION USD PROJECT WAS 10 YEARS IN THE MAKING

Alongside the high-tech Neiman Marcus store opening and the long-awaited Snark Park shop , The Shed's grand new Bloomberg Building...

Societe Generale is reportedly slashing 700 jobs in Paris and hundreds more in London and New York after brutal quarter

SOCIETE GENERALE IS REPORTEDLY SLASHING 700 JOBS IN PARIS AND HUNDREDS MORE IN LONDON AND NEW YORK AFTER BRUTAL QUARTER

Societe Generale will cull up to 700 positions, with hundreds more expected in London and New York, Bloomberg reported. The bank shocked...

 
 
 
Why MacKenzie Bezos's Money Matters

WHY MACKENZIE BEZOS'S MONEY MATTERS

The most expensive divorce on record was finalized yesterday between Amazon CEO Jeff Bezos and his wife MacKenzie, a novelist who played...

S&P closes at 2019 highs ahead of U.S-China trade talks

S&P CLOSES AT 2019 HIGHS AHEAD OF U.S-CHINA TRADE TALKS

From Heidi Chung : The Dow and S&P 500 closed out Thursday's session at fresh 2019 highs, as President Donald Trump gears up to meet...

 
 
 
Elon Musk said he'll probably reach a new settlement with the SEC in the next 2 weeks

ELON MUSK SAID HE'LL PROBABLY REACH A NEW SETTLEMENT WITH THE SEC IN THE NEXT 2 WEEKS

Tesla CEO Elon Musk said he will probably settle with the Securities and Exchange Commission over its motion to have him held in contempt...

The SEC revealed the punishment it wants Elon Musk to face if he violates the terms of their settlement in the future

THE SEC REVEALED THE PUNISHMENT IT WANTS ELON MUSK TO FACE IF HE VIOLATES THE TERMS OF THEIR SETTLEMENT IN THE FUTURE

The Securities and Exchange Commission reportedly told a judge in New York City on Thursday that it wants Tesla CEO Elon Musk to face...

 
 
 
Judge warns Elon Musk that even “big fish” need to follow court orders

JUDGE WARNS ELON MUSK THAT EVEN “BIG FISH” NEED TO FOLLOW COURT ORDERS

Enlarge / Elon Musk arrives at federal court in New York on Thursday, April 4, 2019. (credit: Natan Dvir/Bloomberg via Getty Images...

Name of Next Fed Pick Will Likely Ring a Bell

NAME OF NEXT FED PICK WILL LIKELY RING A BELL

President Trump is apparently intent on putting another friendly face on the Fed. Both Bloomberg and Axios report that Trump will pick...

 
 
 
Tesla says it delivered about 63,000 vehicles in the first quarter of 2019, a 31% drop from Q4 2018

TESLA SAYS IT DELIVERED ABOUT 63,000 VEHICLES IN THE FIRST QUARTER OF 2019, A 31% DROP FROM Q4 2018

Tesla produced 77,100 vehicles in the first quarter of 2019, the company said Wednesday. Analysts polled by Bloomberg were expecting...

The sensor believed to be at the heart of the Lion Air Boeing 737 Max disaster was reportedly repaired at a workshop in Florida before the crash

THE SENSOR BELIEVED TO BE AT THE HEART OF THE LION AIR BOEING 737 MAX DISASTER WAS REPORTEDLY REPAIRED AT A WORKSHOP IN FLORIDA BEFORE THE CRASH

Indonesian investigators have linked the Lion Air plane that crashed in October to a Florida repair shop, Bloomberg reported Wednesday. The...