January 18, 2019

Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit – sources

BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two […]
January 18, 2019

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of […]
January 18, 2019

Netflix shares slip as weak forecast dampens investor optimism

Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected […]
January 18, 2019

Wall Street opens higher on trade hopes, upbeat manufacturing data

U.S. stocks opened higher on Friday and were set for their fourth week of gains on hopes that a bitter trade war between the United States […]
January 18, 2019

Fed’s Williams says rate policy must be patient, data dependent

The U.S. Federal Reserve must be patient and guided by data when considering whether to raise interest rates, New York Fed President John Williams said on […]
January 18, 2019

Daily bitcoin transactions on darknet markets doubled throughout 2018: report

Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, […]
January 18, 2019

CVS, Walmart reach new agreement for pharmacy network

CVS Health Corp and Walmart Inc reached a multi-year agreement, under which Walmart will continue participating in CVS’s pharmacy benefit management commercial and Medicaid retail pharmacy […]
January 18, 2019

Trump-Deutsche Bank links in sights of U.S. House investigators

Democrats now in control of the U.S. House of Representatives are working out which House panels will take the lead in investigating President Donald Trump’s business […]
January 18, 2019

Foxconn cuts 50,000 contract jobs in China: Nikkei

Apple Inc’s biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on […]
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