Markets

Markets Clearview AI client list reportedly stolen
Author: 0 Clearview AI client list reportedly stolen

The startup's technology is deployed by hundreds of law enforcement agencies in the United States for various different programs and uses. The hacker didn't access any histories conducted by customers, which include some police services, said Clearview AI .

Markets United States dollar pressured by expectations of Fed rate cut
Author: 0 United States dollar pressured by expectations of Fed rate cut

As the shortest duration of so-called coupon debt - bonds with a maturity longer than a year - the 2-year note's yield reflects bond market investors' expectations for Fed policy. Others argue that rate cuts could have a significant impact in part by preventing panic on Wall Street. Mester, a voting member of the Fed's interest rate setting committee this year, was relatively upbeat about the economy, which she said should continue to perform well with a strong job market and growth around ...

Markets Stocks open sharply lower on Wall Street
Author: 0 Stocks open sharply lower on Wall Street

The virus, which has claimed over 2,700 lives in China , is picking up faster outside China, including in nearby Japan and South Korea as well as more distant Iran and Italy , triggering worries of a global pandemic. Discovery Inc. took a more than 7% hit in early trading on the heels of Thursday's quarterly earnings announcement, even as it reported gains in advertising and distribution revenue.

Markets Donald Trump plays down coronavirus in White House briefing
Author: 0 Donald Trump plays down coronavirus in White House briefing

The President said most of the Americans now infected with coronavirus were improving, and that they were being well taken care of. In addition, 40 Americans who tested positive on the Diamond Princess cruise ship that was docked in Japan have been repatriated, and three repatriated from China.

Markets PDVSA slams USA sanctions on Rosneft over Venezuela activity
Author: 0 PDVSA slams USA sanctions on Rosneft over Venezuela activity

The State Department unveiled the new sanctions against Rosneft Trading SA-and its president, Didier Casimiro-over its relationship with Venezuelan president Nicolás Maduro at a press briefing on Thursday morning. The shipments consisted of Merey-16 crude oil, a heavy, sour crude produced by Venezuela that the companies' refineries are configured to process, Reuters has previously reported .

Markets Kickstarter workers vote to unionize
Author: 0 Kickstarter workers vote to unionize

Employees at the Brooklyn, New York-based crowdfunding platform Kickstarter PBC voted to unionize on Tuesday, making them the first direct employees of a major USA tech company to do so. bargain our first contract!" the union wrote . "But that involvement had nothing to do with their terminations". In a statement provided to Mashable, Kickstarter CEO Aziz Hasan offered a bit of support for the unionization effort.

Markets Coronavirus outbreak: India to send medical supplies to Wuhan
Author: 0 Coronavirus outbreak: India to send medical supplies to Wuhan

The standing committee for the National People's Congress said it believes it is necessary to postpone the gathering to give top priority to people's lives, safety and health, the official Xinhua News Agency reported. Any of the quarantined passengers who shows symptoms of the virus will be taken to a hospital off the base "for containment and specialized care", according to the statement.

Markets Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Author: 0 Tesla Sold Shares at Steepest Discount It’s Ever Given Investors

Tesla CEO Elon Musk may finally get his huge paycheck by mid-spring if shares of the electric carmaker stay stable and the company manages to keep its average market cap above $100 billion. The share price opened down on Friday, rose to $ 812.97 and is around $ 802. The agency declined ABC News' request for comment Friday, and Tesla did not immediately respond to request for comment.

Markets New lawsuit claims JUUL targeted teens with marketing on television and online
Author: 0 New lawsuit claims JUUL targeted teens with marketing on television and online

Juul's annus horribilis looks to be extending into 2020 as a lawsuit has just been filed in MA with potentially some of the strongest evidence to date that the company was targeting children and teens with its marketing . The suit alleges that JUUL recruited celebrities and social media influencers to promote its products and purchased ads on websites for kids, Healey said.

Markets Hong Kong reports first coronavirus death as hospital workers escalate strike
Author: 0 Hong Kong reports first coronavirus death as hospital workers escalate strike

On Friday, American Airlines suspended its flights to and from mainland China through to March 27. The last flight for more than a month took off from Manchester on Tuesday. Hong Kong has already suffered a steep downturn in passenger traffic as anti-government protests have roiled the island city. The first African airline company had however decided initially to maintain its flights mainly to five cities ( Beijing , Shanghai, Guangzhou, Chengdu and Hong Kong ) stressing that China ...

Markets Stocks open higher on Wall Street; China's main market dives
Author: 0 Stocks open higher on Wall Street; China's main market dives

China's stock markets reopen tomorrow after being closed since January 23 for the Lunar New Year holiday. The Dow and the S&P 500 reportedly experienced "their worst day since October", Monday, and airline stocks dropped. "Investors are looking beyond the potential negative impacts of the coronavirus", said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.

Markets Prices of oil see largest monthly decline since May
Author: 0 Prices of oil see largest monthly decline since May

The main catalyst for the sell off was the coronavirus , which has reduced demand for jet fuel because of the cancellations of more than 3,000 flights a day in and out of China , but also because of fears that the contagion could spread into the broader economy.

Markets China Virus' Death Toll Up to 170; World Health Organization to Reconvene
Author: 0 China Virus' Death Toll Up to 170; World Health Organization to Reconvene

Physicians diagnosed a man, a Chicago resident in his 60s, with a confirmed case of the virus and said the illness spread from his wife, the second known confirmed case in the U.S. Australia plans to house any citizens it evacuates from the city on an island normally used to detain asylum seekers. On Wednesday, Canada's chief public health officer said it would take at least a year before a vaccine was developed to protect people against the new coronavirus spreading around the globe.

Markets Boeing Shares Climb Despite Biggest Profit Drop in 20 Years
Author: 0 Boeing Shares Climb Despite Biggest Profit Drop in 20 Years

As a comparison, Boeing had posted a profit of $10.46 billion in 2018. Calhoun rebuffed recent media suggestions that he was a Boeing "insider" ill-suited to introducing radical change, but acknowledged he had had a "front row seat" as a member of Boeing board for past 10 years and pledged to overhaul the company's culture.

Markets Finally, Facebook lets you take control of your shared data
Author: 0 Finally, Facebook lets you take control of your shared data

As was suggested yesterday , Facebook's first big privacy-related moves in 2020 seem to focus on allowing the everyday user more control over what info they share. Previously when the tool was in the talks in 2018, it was to be named as Clear History Tool, but Facebook thought the name might confuse the user.

Markets Trump impeachment prosecutor, Adam Schiff, is becoming Exhibit A in president's defense
Author: 0 Trump impeachment prosecutor, Adam Schiff, is becoming Exhibit A in president's defense

Testimony and House Intelligence evidence highlight Giuliani's attempts to coordinate with USA and Ukrainian officials, which House Democrats argue took place on Trump's behalf. This was another example during Democrats' impeachment arguments of using clips from Trump allies and officials to make their argument after House Judiciary Chair Jerrold Nadler (D-N.Y.) made strategic use of 1990s-era quotes from Sen.

Markets Air Canada follows WestJet as it removes Boeing 737 Max until June
Author: 0 Air Canada follows WestJet as it removes Boeing 737 Max until June

Boeing does not expect regulators to allow its beleaguered 737 Max aircrafts to return to service until at least "mid-2020", the company announced Tuesday. Reuters reported last week that regulators had been pushing back the time needed to approve the plane. The trial run is scheduled for Thursday at 1800 GMT, although "flight testing is dynamic, and the date could change due to weather and other factors", Boeing said.

Markets Javid stands by proposed digital tax in face of U.S. threats
Author: 0 Javid stands by proposed digital tax in face of U.S. threats

Seemingly trying to ease the tension, Mnuchin added that talks over the issue would be done in private, not on live television, and the key discussion is likely to be between U.S. is participating in the OECD process to find a solution. The issue, which both sides indicated was resolved on Monday, has nonetheless been a lightning rod for a border transatlantic trade debate at the alpine conference this week.

Markets The US has its first case of the new Chinese coronavirus
Author: 0 The US has its first case of the new Chinese coronavirus

A total of 15 thermal detectors have been set up in the Wuhan Tianhe International Airport, and 20 thermal detectors have been installed at three major railway stations of the city. Since the outbreak , Foxconn workers in Wuhan have been wearing facemasks and getting their temperature checked, the world's largest contract electronics manufacturer said.

Markets Even as Trump claims two victories on trade, doubts remain
Author: 0 Even as Trump claims two victories on trade, doubts remain

Under a Phase 1 trade deal, over the next two years, China has reportedly committed to purchasing US$52.4 billion worth of additional United States energy supplies (including LNG). Notably, China effectively shut off its imports of USA agricultural products last summer, closing one of the largest export markets for US farmers.