Hedge fund Citadel’s commodities business up about US$ 1 billion for its first year: Sources CNA Read more: channelnewsasia.com
Read More »U.S. House passes $733 billion defense policy bill after Trump threatens veto – AOL
U.S. House pass $733 billion defense policy bill after Trump threatens veto AOLHouse moves bipartisan amendment barring Trump from striking Iran without congressional approbation CBS NewsHouse Passes $733 Billion Defense Bill Checking Trump’s War Powers The New York TimesRepublican: I’m telling Democrat how to beat Trump in 2020. It’s Job …
Read More »Amazon Selects Both New York City and Arlington for HQ2
Amazon Seattle HQ. Image( c) Flickr user Joe Behr licensed under CC BY-ND 2.0 Amazon has selected New York City and Arlington for it’s next headquarters, set to become two of the biggest economic development projects in the United States. Instead of electing one website, Amazon will spread over$ five …
Read More »Kroger is surging after crushing earnings thanks to booming online sales (KR)
AP Kroger easily topped first-quater expectations on Thursday. Digital sales spiked 66% over the previous quarter as Kroger faces increasing competition from Amazon. The stock surged more than 8% in early trading. Follow Kroger’s stock price in real-time here. Kroger surged more than 9% early Thursday after the US’s largest …
Read More »Comcast makes $65 billion offer for 21st Century Fox assets as bidding war with Disney heats up (FOXA, CMCSA, DIS)
REUTERS/Rick Wilking Comcast has officially bid $65 billion for 21st Century Fox, topping Disney‘s $52 billion offer. The proposal comes one day after a court approved AT&T’s $85 billion merger with Time Warner. Comcast made its highly-anticipated bid for 21st Century Fox official, offering $65 billion for the company excluding …
Read More »Xiaomi, the so-called ‘Apple of China,’ just recorded $1 billion in quarterly loss ahead of its $10 billion IPO
REUTERS/Edgard Garrido The Chinese smartphone maker Xiaomi recorded a quarterly net loss of $1.09 billion USD. The news comes ahead of the company’s IPO, which is expected to raise $10 billion according to sources. The IPO could be the largest global listing in almost four years. Chinese smartphone maker Xiaomi …
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