House votes to protect 'Dreamer' immigrants amid White House opposition

WASHINGTON (Reuters) – The U.S. House of Representatives on Tuesday passed legislation to end the threat of deportation that has long hung over undocumented immigrants known as “Dreamers” who entered the United States when they were children. By a vote of 237-187, the Democratic-controlled House approved the legislation despite opposition from the White House, which said the move would “reward […]

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Dems fume as Trump moves to amend DC's July 4 celebration, possibly address the nation

Fox News Flash top headlines for May 10 Fox News Flash top headlines for May 10 are here. Check out what’s clicking on Foxnews.com President Trump has apparently taken charge of this year’s Fourth of July celebration in Washington, D.C., and will possibly give a personal address, angering some Democrats who fear the president will politicize the holiday. City officials in […]

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Xilinx Acts as a Lodestone, Pulling Most Semiconductor Leaders Lower

Xilinx Inc. (NASDAQ: XLNX) had been helping the semiconductor’s charge in 2019, with its year-to-date gain of 64.5%, and up over 1,105% from a year ago, ahead of its first-quarter earnings report. Unfortunately, the post-earnings reaction was dismal and Xilinx was set to have its worst trading day going all the way back to 2005. The designer of programmable logic […]

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Brazil's Itaú sees card processor unit profitable after no-charge move

SAO PAULO (Reuters) – Brazil’s biggest private sector lender Itaú Unibanco Holding SA said its card processor unit Rede will continue to be profitable despite a decision to stop charging interest rates and repaying merchants using its machines in two days, a bank executive said on Thursday evening. Rede CEO Marcos Magalhães told Reuters Itaú decided to advance payments to […]

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Brazil's Itaú sees card processor unit profitable after no-charge move

SAO PAULO (Reuters) – Brazil’s biggest private sector lender Itaú Unibanco Holding SA said its card processor unit Rede will continue to be profitable despite a decision to stop charging interest rates and repaying merchants using its machines in two days, a bank executive said on Thursday evening. Rede CEO Marcos Magalhães told Reuters Itaú decided to advance payments to […]

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Stock Market News: Johnson & Johnson Reports; AT&T Parts Ways With Hulu

U.S. stocks climbed on Tuesday morning following a bevy of better-than-expected earnings reports. As of 10:40 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 35 points to 26,420, the S&P 500 (SNPINDEX: ^GSPC) gained 6 points to 2,911, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 32 points to 7,661. As for individual stocks, shares of Johnson & […]

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Are Brighter Days Ahead for Ambarella?

Ambarella's (NASDAQ: AMBA) stock plunged 40% last year due to ongoing concerns about the chipmaker's decelerating sales growth, competition from bigger chipmakers, and contracting margins. However, the stock rebounded about 30% this year as some investors saw glimmers of hope for a longer-term recovery. Are the bulls or bears right about Ambarella's future? Let's examine its recent headwinds and tailwinds […]

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Reports: Netflix Not To Join Apple Streaming Service

Online-video streaming service Netflix Inc. (NFLX) has confirmed that it will not make its television shows and movies available on Apple Inc.’s (AAPL) upcoming video streaming service, according to media reports. Netflix CEO Reed Hastings reportedly said on Monday, “We want to have people watch our content on our service. We’ve chosen not to integrate into their (Apple’s) service.” According […]

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U.S. Republicans set 'Green New Deal vote' in bid to divide Democrats

WASHINGTON (Reuters) – Republican U.S. Senate Majority Leader Mitch McConnell, in a move aimed at dividing Democrats, set a vote for Tuesday on their “Green New Deal” resolution that seeks to cut greenhouse gas emissions by moving off fossil fuels. The Green New Deal, introduced last month by Democrats, marked the first formal attempt by lawmakers to define legislation to […]

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