How US-China Trade Spat Could Threaten Manufacturing

How US-China Trade Spat Could Threaten Manufacturing

“They are trying to force end-product manufacturers here to use more American content by making it more expensive for them to use Chinese content,” said William Reinsch, a trade expert at the Center for Strategic and International Studies. The United States trade representative, Robert Lighthizer, has said that the administration carefully conceived the tariffs using […]

Stock futures plunge, with the Dow set for a nearly 550 point drop, after China announces tariffs

Stock futures plunge, with the Dow set for a nearly 550 point drop, after China announces tariffs

The moves in premarket trade come as China announced brand-new tariffs on 106 U.S. products, including cars, whiskey, aerospace and defense, and soybeans. Automakers were down sharply, with Ford and General Motors off 2.7 percent and 3.8 percent, respectively. Boeing was also slammed, falling more than 5 percent. Caterpillar declined 3 percent, while United Technologies […]

CBS and Viacom Shares on the Move as Acquisition Wrangling Intensifies

CBS and Viacom Shares on the Move as Acquisition Wrangling Intensifies

UPDATED: CBS Corp. has formally submitted a takeover bid for Viacom, according to sources familiar with the situation. The special committee established by the CBS board to pursue a possible acquisition is believed to have made the all-stock offer late last week to Viacom’s corresponding special committee, setting the stage for tough negotiations over the […]

Why Spotify Doesn't Want a Stock Pop on Its First Day of Trading

Why Spotify Doesn't Want a Stock Pop on Its First Day of Trading

Spotify has avoided the traditional route to becoming a public market company at every stage. Listing day is going to be no different. A successful trading debut for the music-streaming company won’t be judged on whether the shares jump 30 percent — the usual benchmark for a triumphant initial public offering. Instead, Spotify Technology SA […]

What's for lunch today? Thanks to UMBC, many decide on free pizza

What's for lunch today? Thanks to UMBC, many decide on free pizza

If it’s free, it’s for me. And for you, too, thanks to the UMBC men’s basketball team. During Monday’s lunch hour, Little Caesars was fulfilling its promise to give away pizza to everybody if a 16th seed beat a No. 1 seed during the NCAA men’s basketball tournament. The Retrievers became the first team to […]

Fred Meyer cashier punched in the head by stranger while helping customers

Fred Meyer cashier punched in the head by stranger while helping customers

A man punched a cashier at the Walker Road Fred Meyer in Beaverton in the head while she was assisting other customers Sunday afternoon, according to police. Hathasone PathammavongCourtesy of Beaverton Police Department  Hathasone Pathammavong, 44, “walked into Fred Meyer and up to the employee who was helping other customers,” Beaverton Police Department spokesperson Officer […]

Investors on Edge After Bumpy First Quarter for Stocks

Investors on Edge After Bumpy First Quarter for Stocks

Investors enter the second quarter with an apprehensive mind-set, reflecting both the sharp late-March retreat of once-favored technology shares and increasing concern about the impact of rising interest rates on market valuations and volatility. Some of last year’s most enduring trades wobbled toward the end of the quarter, with investors dumping technology darlings like Facebook […]

Why the rush to defend Amazon?

Why the rush to defend Amazon?

Why the rush to defend Amazon?  New York Post Herman Cain breaks with Trump: ‘Amazon is not the problem’  The Hill (blog) Trump goes after Amazon _ again _ over postal delivery  Yahoo Finance Donald Trump turns up the heat on Amazon CEO Jeff Bezos in furious two-pronged Twitter attack  New Zealand Herald Full coverage Source link

Security Experts Weigh In On Massive Data Breach Of 150 Million MyFitnessPal Accounts

Security Experts Weigh In On Massive Data Breach Of 150 Million MyFitnessPal Accounts

Security Experts Weigh In On Massive Data Breach Of 150 Million MyFitnessPal Accounts  Forbes Under Armour should return to profitable growth in the next year  MarketWatch Under Armour Discloses Breach Affecting 150 Million MyFitnessPal App Users  Wall Street Journal Security Information FAQ – MyFitnessPal  MyFitnessPal Under Armour says data breach affected about 150 million MyFitnessPal accounts  CNBC Full coverage Source […]

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