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On the back of an already poor week for BTC where it suffered a 6 percent fall across seven days, there had been hope among traders for a bounceback away from the $8,600 to $8,400 that threatened to drag it down into a dogfight over the $8,000 line and the potential for a death cross. A death cross (a chart […]
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Security was tightened across the Syracuse University campus Tuesday after a white supremacist manifesto was posted on a campus forum and reportedly "air dropped" to cellphones of some students at the school library. (Photo: Rich Barnes, AP) Security was tightened across the Syracuse University campus Tuesday after a white supremacist manifesto was posted on a campus forum and reportedly “air dropped” to cellphones of some […]
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The Miami Dolphins abruptly cut running back Mark Walton on Tuesday morning after he was arrested on suspicion of aggravated battery of a pregnant person. According to a Davie (Fla.) police report obtained by USA TODAY Sports, the 22-year-old allegedly pushed a pregnant woman against a wall and punched her "several times in the face and head." Walton had found out Sunday […]
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NYU Stern professor Aswath Damodaran, known as the "Dean of Valuation," valued Aramco at around $1.65 trillion, which is within "shouting distance" of the company's own $1.7 trillion valuation. On Sunday the world's largest oil company began its IPO roadshow. It's aiming to sell a 1.5% stake in the company, or about 3 billion shares. If it prices at the […]
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When Slack Technologies Inc. (NYSE: WORK) came public earlier in 2019, it was a unicorn that was seeing growth, growth and more growth. The initial public offering hit in the summer of 2019 at $38.50, for a whopping $23 billion market valuation at the time, and the post-IPO trading briefly went as high as $42. Shares are now basically half […]
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(Reuters) – ConocoPhillips (COP.N) unveiled a long-term plan on Tuesday to boost oil and gas production by about 3% per year, restrain annual spending to about $7 billion and return $50 billion to shareholders over the next decade. The announcement comes as investors, frustrated by weak commodity prices for 5 years, have been pressuring oil and gas companies to cut […]
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DUBAI (Reuters) – Emirates, the largest customer of Boeing’s (BA.N) upcoming 777x aircraft, wants the plane to be put through “hell on Earth” in testing to ensure it is safe to fly and meets performance expectations, the president of the Gulf airline said on Tuesday. Tim Clark was speaking at the Dubai Airshow after meeting the head of the U.S. […]
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A vegan is suing Burger King because its plant-based Impossible Whopper, which it began serving nationwide three months ago, is “contaminated” because the burger is cooked on the same grill as beef burgers. The plaintiff, Phillip Williams, who lives in Fulton County, Georgia, in a suit filed in U.S. District Court for the Southern District of Florida, said he purchased an […]
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Marie Kondo discovered her love for organizing when she was a child. (Photo: KonMari Media Inc.) Organizing expert Marie Kondo is hoping to spark joy among consumers with a newly launched online shop. The tidying maven opened the shop on her website, KonMari.com, to sell books, decor and other items aimed at helping buyers stay organized. “The goal of tidying is to […]
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It plans to lower employment costs with the estimated reduction in employee numbers, about two-thirds of which are expected to be office-based white-collar roles – a majority expected at its Netherlands unit. Tata Steel has confirmed cuts of up to 3,000 jobs across its European operations as part of a wider restructuring and cost-cutting strategy to counter stagnant steel demand […]
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