Economy & Finance

Crypto bear market threatens to last as potential token supply weighs

Crypto bear market threatens to last as potential token supply weighs

Published 08/02/2019

NEW YORK (Reuters) - Cryptocurrencies may be facing a prolonged bear market. Companies that issued tokens, or digital currencies, over the last two years through [more…]

Fifty years on, Boeing’s 747 clings to life as cargo carrier

Fifty years on, Boeing’s 747 clings to life as cargo carrier

Published 08/02/2019

SEATTLE (Reuters) - Boeing’s 747 jumbo jet, an aircraft that democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets, has [more…]

U.S. Steel wins tax breaks from one of America’s poorest cities

U.S. Steel wins tax breaks from one of America’s poorest cities

Published 08/02/2019

GARY, Indiana (Reuters) - United States Steel Corporation founded Gary, Indiana in 1906 - naming it after co-founder Elbert Henry Gary - and the city’s [more…]

Brookfield in talks with India’s Reliance Industries to buy tower,…

Brookfield in talks with India’s Reliance Industries to buy tower,…

Published 08/02/2019

MUMBAI (Reuters) - Canadian private equity firm Brookfield Asset Management is in preliminary talks with India’s Reliance Industries to buy a stake in its optical [more…]

Sony stock jumps after first-ever share buyback announcement

Sony stock jumps after first-ever share buyback announcement

Published 08/02/2019

TOKYO (Reuters) - Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover from a [more…]

Investors pump record amounts of cash in emerging markets: BAML

Investors pump record amounts of cash in emerging markets: BAML

Published 08/02/2019

LONDON (Reuters) - Investors pumped record high volumes of cash into emerging markets shares and bonds in the past week, Bank of America Merrill Lynch [more…]

J&J becomes first drugmaker to add prices to television ads

J&J becomes first drugmaker to add prices to television ads

Published 07/02/2019

CHICAGO (Reuters) - Johnson & Johnson said on Thursday it will start adding the price of its medicines to television commercials by next month, becoming [more…]

Exclusive: Dell explores sale of cybersecurity company SecureWorks…

Exclusive: Dell explores sale of cybersecurity company SecureWorks…

Published 07/02/2019

(Reuters) - Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of [more…]

Medicare Part D no match for runaway specialty drug costs: study

Medicare Part D no match for runaway specialty drug costs: study

Published 07/02/2019

CHICAGO (Reuters) - When Medicare prescription drug insurance was created in 2003, the idea that beneficiaries with very high drug costs should pick up 5 [more…]

Help available for first-time buyers, if you can find it

Help available for first-time buyers, if you can find it

Published 07/02/2019

CHICAGO (Reuters - It took 52-year-old social worker Nancy Peterson a combination of five different grants and low interest loans to accumulate $80,000 for the [more…]