Zuckerberg loses more than $15 billion in record Facebook fall

The damage was swift and unforgiving in after-market trading on Wednesday as Facebook plummeted as much as 24% within an hour. Mark Zuckerberg has lost around £13 billion of his personal fortune after Facebook suffered its worst ever day on... More..

by | Published 19 days ago
Twitter Loses Users, But Will Advertisers Follow?
by | Saturday, July 28, 2018

Twitter Loses Users, But Will Advertisers Follow?

Twitter reported second quarter financial results on Friday that topped estimates, but like Facebook earlier this week, its stock price went tumbling with the disclosure of unsatisfactory user numbers. The co...More..

Mega Millions winning ticket worth $522M sold in California
by | Friday, July 27, 2018

Mega Millions winning ticket worth $522M sold in California

Sales time cut-offs vary by state but are usually one to two hours before the drawing. "Oh my god, I'm so happy for whoever it is", San Jose resident Tessie Tamondong said. Six tickets that were sold are with $...More..

Facebook stock falls 24 percent following report of slow user growth
by | Friday, July 27, 2018

Facebook stock falls 24 percent following report of slow user growth

Chief operating officer Sheryl Sandberg said the sweeping European Union regulations, which Facebook 'relocated' 1.5 billion users out of reach of, hadn't had a negative impact on ad revenue yet but tha...More..

Million dollar winning lottery ticket sold in Detroit
by | Thursday, July 26, 2018

Million dollar winning lottery ticket sold in Detroit

The lucky numbers were 01-02-04-19-29. Two of those tickets included the optional Megaplier and are worth $3 million each. In all, three Mega Millions jackpots have been awarded in 2018. The victor or winners...More..

Rouhani rejects Trump's
by | Thursday, July 26, 2018

Rouhani rejects Trump's "empty threats"

Rouhani, making his first public comments since Trump vowed Iran would suffer severe consequences for threatening the United States, brushed off the president's rhetoric as "cheap comments" and "empty threats...More..

Food fraud risk in UK's no-deal Brexit plans
by | Thursday, July 26, 2018

Food fraud risk in UK's no-deal Brexit plans

And the bitterness among Brexit supporters at the parliamentary committee was clearly targeted at Robbins, with some suggesting he had hijacked the talks and softened May's position. Raab said the new bill is a...More..

Facebook hammered as user growth cools
by | Thursday, July 26, 2018

Facebook hammered as user growth cools

What's more, daily active users have effectively been flat in the USA sequentially, and even declined in Europe when compared to Q1 - the first time the company has ever seen such a decline in recent quarters. ...More..

Trump Announces Plan To Work With EU To Strengthen Trade Relationship
by | Thursday, July 26, 2018

Trump Announces Plan To Work With EU To Strengthen Trade Relationship

Trump has threatened to place tariffs on all $505 billion worth of Chinese goods imported by the US. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the count...More..

Xi urges fellow BRICS countries to reject go-it-alone trade
by | Thursday, July 26, 2018

Xi urges fellow BRICS countries to reject go-it-alone trade

South African President Cyril Ramaphosa called for thorough discussions at the summit on the role of trade in promoting sustainable development and inclusive growth. "Access to the global economy through trade...More..

by | Thursday, July 26, 2018

Sergio Marchionne, Former Fiat Chrysler CEO, Has Died at 66

With reference to the health of Sergio Marchionne , Fiat Chrysler Automobiles N.V. communicates with profound sorrow that during the course of this week unexpected complications arose while Mr. Marchionne re...More..

Donald Trump downbeat ahead of trade talks with EU
by | Thursday, July 26, 2018

Donald Trump downbeat ahead of trade talks with EU

Addressing the China trade relationship, Trump wrote on Twitter, "They are being vicious in what will be their failed attempt". "President Trump personally promised me that agriculture would be held harml...More..

Trump calls Republicans 'weak' for not marching in lockstep on trade
by | Thursday, July 26, 2018

Trump calls Republicans 'weak' for not marching in lockstep on trade

Are we just going to continue and let our farmers and country get ripped off? Mark Martinson, who raises crops and cattle in north-central North Dakota and is president of the U.S. In interviews with the Hera...More..

Ryanair cancels flights ahead of pilot strike
by | Wednesday, July 25, 2018

Ryanair cancels flights ahead of pilot strike

Ryanair has already cancelled 24 flights between the United Kingdom and Ireland for this coming Friday. Pilots want the roll-out of a "seniority list" to determine who gets holidays, base transfers and promot...More..

Trump administration plans to help farmers hurt by global trade tensions
by | Wednesday, July 25, 2018

Trump administration plans to help farmers hurt by global trade tensions

The USDA will purchase food for donation to charity to help fruit, nut, rice, legume, beef, pork, and milk producers. "We're making tremendous progress". Beijing quickly retaliated with tariffs on $34 billion...More..

Mega Millions jackpot tops $500M
by | Wednesday, July 25, 2018

Mega Millions jackpot tops $500M

Tickets can be purchased at any New York Lottery retailer for $2, seven days a week. And officials say it could keep growing before the drawing Tuesday night. Megaplier is a feature that allows a victor to mu...More..

Trump tapping $12B to help farmers affected by tariffs
by | Wednesday, July 25, 2018

Trump tapping $12B to help farmers affected by tariffs

However, some farm-state Republicans quickly dismissed the plan, declaring that farmers want markets for their crops, not payoffs for lost sales and lower prices. For instance, China is the biggest buyer of USA...More..

by | Wednesday, July 25, 2018

Trump Administration to Announce Plan to Shield Farmers From Trade War

Before departing for Kansas City, Trump tweeted that any USA trade partner needs to either negotiate a "fair deal, or it gets hit with Tariffs". Agriculture officials say the plan will not require congressi...More..

China Rejects Donald Trump's Accusations Of Currency Manipulation
by | Wednesday, July 25, 2018

China Rejects Donald Trump's Accusations Of Currency Manipulation

The major traded 0.1 percent up at 1.3137, having hit a low of 1.2957 on Thursday; it's lowest since September 2017. Australian shares .axjo were off 0.1 percent while the New Zealand market .nz50 was down 0.4 ...More..

FCA's CEO Marchionne replaced immediately due to serious health issues
by | Monday, July 23, 2018

FCA's CEO Marchionne replaced immediately due to serious health issues

July 21, 2018, London - With reference to the health of Sergio Marchionne , Fiat Chrysler Automobiles N.V. communicates with profound sorrow that during the course of this week unexpected complications aro...More..