• Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices
    Reuters

    Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices

    Wall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season. Investors dashed for the exits after Tuesday's less-than-stellar quarterly report from Netflix

  • U.S.News & World Report

    The Difference Between Interest-Rate Risk and Credit Risk

    Bond markets are complex, and if investors aren't aware of the different types of risks that affect a bond's value, their investments can lose money. Fixed-income investors take two primary types of risk: interest-rate risk and credit risk, and in exchange, buyers get a return. -- What is an

  • Bombardier scrambles to craft rail merger with Alstom, Hitachi: sources
    Reuters

    Bombardier scrambles to craft rail merger with Alstom, Hitachi: sources

    LONDON/MONTREAL/PARIS (Reuters) - Bombardier has approached France's Alstom and Japan's Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten into margins, sources told Reuters. It has been reviewing several rail merger scenarios in recent

  • Associated Press

    Women come to the defense of a nursing mom at Chick-fil-A

    Mothers held a “nurse-in” this week at the fast food restaurant near Augusta, The Augusta Chronicle reported. Samantha McIntosh says she was breastfeeding her 7-month-old daughter in a booth with her 9-year-old niece at the restaurant Monday when a manager approached. McIntosh says the manager told

  • Year of Rat hails easy ride for Trump but bumps for Harry and Meghan
    AFP News

    Year of Rat hails easy ride for Trump but bumps for Harry and Meghan

    As the world prepares to welcome the Year of the Rat, feng shui masters predict a lucky year for Donald Trump, but warn Harry and Meghan's futures are less certain as they make a bid for freedom. "Trump has a prosperous destiny," Gao Yu-lin, a feng shui expert from Taiwan told AFP, after

  • Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices
    Reuters

    Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices

    Wall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season. Investors dashed for the exits after Tuesday's less-than-stellar quarterly report from Netflix

  • Europe equities rebound as fears ease over China virus
    AFP News

    Europe equities rebound as fears ease over China virus

    Europe's main stock markets ended the week in positive territory Friday after Asian indices halted their slide, with investor nervousness easing over the rapid spread of a viral illness in China. "There's a hope that the coronavirus is contained, particularly in China," Interactive

  • The App Store is down
    TechCrunch

    The App Store is down

    Midday on Friday it appeared that Apple's App Store, a critical piece of the digital and mobile economies, struggled with uptime issues. A quick Twitter search shows a host of complaints from users noting that they can't make purchases on the App Store, were struggling with sign-on issues and

  • Crypto News Roundup and Interviews for Jan. 24, 2020
    Coindesk

    Crypto News Roundup and Interviews for Jan. 24, 2020

    Bitcoin's up as Davos ends. This is CoinDesk's Crypto News Roundup for January 24, 2020.

  • I am my own spy: A personal surveillance story
    Engadget

    I am my own spy: A personal surveillance story

    One of the first webcams I purchased was a Dropcam several years ago. We'd had a couple of package thefts, and I wanted to see if I could catch the perpetrator in the act. I positioned the camera at our front window, with the lens pointed at the steps leading up to the front door. Alas, I never did

  • IMF aid to Congo Republic on hold over Glencore, Trafigura impasse
    Reuters

    IMF aid to Congo Republic on hold over Glencore, Trafigura impasse

    LONDON/JOHANNESBURG (Reuters) - Talks to salvage a tentative $1.7 billion (£1.3 billion) debt restructuring between Congo Republic and energy traders Glencore and Trafigura [TRAFGF.UL] are stuck, sources said, jeopardising an International Monetary Fund bailout for the debt-hobbled nation.

  • EU chiefs sign Brexit deal and send it to London
    AFP News

    EU chiefs sign Brexit deal and send it to London

    British Prime Minister Boris Johnson was to receive Britain's EU divorce agreement on Friday after Brussels' top two officials signed it at a closed door ceremony in the dead of night. Officials from both sides accompanied the document across the Channel to London, where Johnson was to add his

  • Associated Press

    No criminal charges to be filed in deadly propane blast

    A Maine company that severed an underground propane line that caused a deadly propane explosion was cited for violating the state's Dig Safe law, but no criminal charges are warranted, officials said Friday. The propane line was ruptured by a Manchester company that was installing safety posts in

  • Crypto Exec’s $1.8M SIM-Swap Lawsuit Has ‘Critical Holes,’ Says AT&T
    Coindesk

    Crypto Exec’s $1.8M SIM-Swap Lawsuit Has ‘Critical Holes,’ Says AT&T

    AT&T; has again argued against allegations it was in part responsible for a SIM-swap hack that cost crypto exec Seth Shapiro $1.8 million.

  • U.S.News & World Report

    5 Ways to Improve Your Retirement Finances in 2020

    The new year is the perfect time to start getting your finances on track, and that doesn't necessarily mean cutting back on the things you enjoy. 3. Consider shifting to more conservative investments. 4. Don't let fear drive your investment strategy.

  • Brazil investors pour record $5.4 billion into domestic equity funds: BAML
    Reuters

    Brazil investors pour record $5.4 billion into domestic equity funds: BAML

    Brazilian investors are pouring a record amount of cash into local equity funds, while foreign investors notched up their sixth straight week of buying, Bank of America Merrill Lynch said on Friday. Domestic investor inflows into Brazilian equity funds last week totaled $5.4 billion, the highest since

  • Kenyan woman, 26, sets up country's first digital car insurance company
    Reuters

    Kenyan woman, 26, sets up country's first digital car insurance company

    Jihan Abass, a 26-year-old Kenyan woman, often walks into meetings full of puzzled faces as people crane past her looking for the boss of her new digital motor insurance company. Abass is the boss. "They would be surprised to see that it was actually me,” said Abass from her bright office in Nairobi

  • Kenyan woman, 26, sets up country's first digital car insurance company
    Reuters

    Kenyan woman, 26, sets up country's first digital car insurance company

    Jihan Abass, a 26-year-old Kenyan woman, often walks into meetings full of puzzled faces as people crane past her looking for the boss of her new digital motor insurance company. Abass is the boss. "They would be surprised to see that it was actually me,” said Abass from her bright office in Nairobi

  • Coming soon - the smartphone that promotes 'Russian values'
    Reuters

    Coming soon - the smartphone that promotes 'Russian values'

    Smartphones and other devices sold in Russia must be pre-installed with software that is morally sound and espouses traditional Russian values, according to new draft rules. President Vladimir Putin signed legislation last year requiring all smartphones, computers and smart TV sets sold in the country

  • Reuters

    Argentine airline Flybondi says it could fly domestic in Brazil

    Argentine ultra-low cost airline Flybondi may consider starting to operate domestic flights within Brazil, a company executive said on Friday. "It is not crazy to think of having a domestic operation," said Mauricio Sana Saldaña, Flybondi’s chief commercial officer. Flybondi already operates

  • Intel's cloud growth lifts shares, fires up other chipmakers
    Reuters

    Intel's cloud growth lifts shares, fires up other chipmakers

    At least seven brokerages raised their price targets on Intel's stock, with J.P.Morgan making the most aggressive move by boosting its target by $12 to $80, well above the median price target of $64. Revenue at Intel's data center business jumped 19% and sales to cloud computing providers were

  • U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'
    Reuters

    U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'

    U.S. Treasury Secretary Steven Mnuchin said on Friday that he expects to begin negotiations with China on a so-called Phase 2 trade deal soon, with Washington and Beijing on the same page. "My guess is they (China) will consider waiving other tariffs as part of their purchasing program," Mnuchin

  • U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'
    Reuters

    U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'

    U.S. Treasury Secretary Steven Mnuchin said on Friday that he expects to begin negotiations with China on a so-called Phase 2 trade deal soon, with Washington and Beijing on the same page. "My guess is they (China) will consider waiving other tariffs as part of their purchasing program," Mnuchin

  • U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'
    Reuters

    U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future'

    U.S. Treasury Secretary Steven Mnuchin said on Friday that he expects to begin negotiations with China on a so-called Phase 2 trade deal soon, with Washington and Beijing on the same page. "My guess is they (China) will consider waiving other tariffs as part of their purchasing program," Mnuchin

  • Oilprice.com

    China Sees Jump In Gasoline, Jet Fuel Exports

    A 99-percent utilization rate of state quotas in China drove oil product exports up 20.1 percent last year