newszine

Exclusive: Fitbit considers whether it should explore a sale – sources

1 hour ago DieselGasoil Comments Off on Exclusive: Fitbit considers whether it should explore a sale – sources
(Reuters) – Wearable device maker Fitbit Inc (FIT.N) has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday. FILE PHOTO: The ticker symbol for Fitbit is displayed at the post where it Read More

Wall Street falls as trade optimism fizzles

2 hours ago DieselGasoil Comments Off on Wall Street falls as trade optimism fizzles
(Reuters) – Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid The delegates, Read More

Wall Street drops after China cancels visit to Montana farmland

3 hours ago DieselGasoil Comments Off on Wall Street drops after China cancels visit to Montana farmland
(Reuters) – Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid The delegates, who had been set Read More

Wall Street drops as trade tensions spike

4 hours ago DieselGasoil Comments Off on Wall Street drops as trade tensions spike
(Reuters) – The Wall Street’s main indexes dropped on Friday, after the Montana Farm Bureau said Chinese agriculture officials who were due to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Wall Street futures rise on global stimulus efforts

11 hours ago DieselGasoil Comments Off on Wall Street futures rise on global stimulus efforts
(Reuters) – U.S. stock index futures rose on Friday as China became the third country to trim interest rates in the past few days, raising hopes that major central banks stand ready to blunt the impact of a prolonged Sino-U.S. trade war on global growth. FILE PHOTO: Traders work on the floor at the New Read More

Tech investors: No broad lessons seen in WeWork valuation drama

1 day ago DieselGasoil Comments Off on Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo Scott Kupor, Read More

Microsoft nudges S&P 500 toward record high

1 day ago DieselGasoil Comments Off on Microsoft nudges S&P 500 toward record high
(Reuters) – Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid Microsoft Read More

Shares rise after Fed rate cut, oil prices gain

1 day ago DieselGasoil Comments Off on Shares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend’s attacks on Saudi Arabia’s oil facilities pose supply risks. Iran warned U.S. President Donald Trump against being Read More

Wall Street futures tick lower after mixed policy signals from Fed

1 day ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More

UTC technology chief Eremenko steps down

2 days ago DieselGasoil Comments Off on UTC technology chief Eremenko steps down
(In the September 18 story corrects to delete “by email” and to clarify that technology and engineering not a business within UTC in paragraphs 3,6) FILE PHOTO: United Technologies logo is displayed on a screen at the post where it’s stock is traded on the floor of the New York Stock Exchange (NYSE) in New Read More