admin July 10, 2018

Xiaomi’s stock market debut has made a few men very, very rich. The Chinese tech company’s shares started trading in Hong Kong on Monday. They closed about 1% down from the issue price, but that didn’t stop some of Xiaomi’s top executives from racking up big gains in their wealth. Xiaomi is one of the […]

admin July 10, 2018

Getty Images/iStockphoto Things are looking up for earnings. Strategists at Bank of America Merrill Lynch on Monday raised their 2018 and 2019 S&P 500 earnings forecasts, joining market observers who remain optimistic even as the drumbeat of a trade war echoes in the distance. Equity and quant strategist Jill Carey Hall and her colleagues […]

admin July 9, 2018

Apple and Google are facing questions from House Republicans over smartphone data privacy, suggesting members of Congress are broadening their scrutiny of how the tech industry handles users’ personal information. The Republican leadership of the House Energy and Commerce Committee sent letters on Monday to Tim Cook, the CEO of Apple (AAPL), and Larry Page, […]

admin July 9, 2018

British Prime Minister Theresa May and her government have agreed a “business-friendly” plan for Brexit. Announced at the end of a crucial summit on Friday, the proposal seeks to preserve frictionless goods trade with the European Union, and avoid the border checks and tariffs most feared by manufacturing companies. In a statement, May said she […]

admin July 9, 2018

Disney’s bet on Fox could soon give it a vast TV network and the leading video streaming service in a market of more than one billion people. If its blockbuster deal to buy most of 21st Century Fox (FOX) goes through, Disney (DIS) will gain a new audience of more than 700 million people in […]

admin July 9, 2018

Getty Images A shopper walking in the Union Square district in San Francisco. The numbers: Consumer borrowing picked up in May, according to the Federal Reserve on Monday. Total consumer credit increased $24.6 billion in May to a seasonally adjusted $3.9 trillion. That’s an annual growth rate of 7.6%, which is the fastest pace […]

admin July 9, 2018

The tech sector has been mostly spared from the stormy financial weather of 2018. But deepening trade tensions could soon bring turbulence to Silicon Valley. Despite volatility in global markets, the Nasdaq is near a record high, sporting a robust 12% gain on the year. Netflix (NFLX) has more than doubled and other tech darlings […]

admin July 9, 2018

Always feel like there aren’t enough hours at the office to get everything done? Maybe it’s time to change up your pre-work routine. How you start your morning can set the tone for the rest of the day. “If you start out with chaos, that is how the rest of the day is going to […]

admin July 9, 2018

Samsung is doubling down on India’s soaring demand for smartphones by opening “the world’s largest mobile factory.” South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi formally opened the company’s expanded manufacturing plant in Nodia, about an hour outside New Delhi, on Monday. Built on 32 acres of land next to Samsung’s (SSNLF) […]