Wall Street eyes earnings stabilizer after FAANG stocks wobble
(Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight…
Musk insists Tesla does not need more capital, predicts profit soon
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive…
China slows review of chip company mergers amid trade tensions: WSJ
(Reuters) – Two multi-billion dollar takeovers of semiconductor makers are being stalled by Chinese regulatory reviews amid rising U.S.-China trade tensions, the Wall Street Journal reported on Saturday, citing people…
Proxy adviser ISS recommends against five Equifax directors over cyberbreach
(Reuters) – Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc (EFX.N) directors who served on the company’s audit and technology committees…
How is Canada’s immigration system different from the U.S.?
Canada has a MERIT-BASED system, while the US prioritizes more FAMILY-based immigration. The CBC’s Matt Kwong tells us how the Canadian and US immigration system differ in terms of TYPE…
Trump says U.S. will only rejoin Pacific trade pact if terms are improved
WASHINGTON/TOKYO (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if…
Insect farms gear up to feed soaring global protein demand
LANGLEY, British Columbia (Reuters) – Layers of squirming black soldier fly larvae fill large aluminum bins stacked 10-high in a warehouse outside of Vancouver. They are feeding on stale bread,…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they get from investment banks underwriting new listings with its low-cost…
ESPN+ streaming service launches Disney’s digital drive
LOS ANGELES (Reuters) – Walt Disney Co (DIS.N) on Thursday debuted its new ESPN+ digital subscription service, the first consumer offering in the traditional media company’s push to become a…
Another Trump trade war, this time with Rwanda over clothes
Interested in Donald Trump? Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News. The sweaty mechanic…