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Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar

October 25th, 2016 (0)
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals advanced, buoyed by a generally upbeat corporate earnings season and ...

Google could face large fine by EU over Android anti-competitive practices

October 3rd, 2016 (0)
EU wants to stop Google forcing smartphone manufacturers to pre-install Android OS. Google might face a “large fine” for anti-competitive practices by the European Union, which is considering stopping the company from paying smartphone manufacturers to pre-install its Search ...

Fintech Upstart LendUp Fined by CFPB, California Regulator

September 29th, 2016 (0)
Fintech upstart LendUp was fined by the Consumer Financial Protection Bureau and a California state regulator over widespread violations of payday- and installment-lending laws. The San Francisco-based lender, which specializes in small-dollar loans to risky borrowers, agreed to pay ...

Google just pumped a bunch of money into Airbnb

September 23rd, 2016 (0)
Airbnb just got a big cash infusion — and Google is one of its big investors. According to a new financial filing, the company has raised $555 million at a $30 billion valuation, part of a desired $850 million round that ...

Facebook just passed Buffett’s Berkshire Hathaway in market value

July 29th, 2016 (0)
Mark Zuckerberg has put Warren Buffett in his rear view mirror. Zuckerberg’s tech behemoth, Facebook Inc. FB, +1.35% edged out Buffett’s Berkshire Hathaway Inc. BRK.B, +0.16%  moving ahead of the market capitalization of the Sage of Omaha’s investment conglomerate Thursday. Facebook added about $5 billion ...

Google announced it would ban payday-loan ads from its site

May 23rd, 2016 (0)
Google announced this month it would ban payday-loan ads. One wrinkle: It is an investor in a payday lender. GV, the venture-capital investment arm of Google’s parent company, Alphabet Inc., has been investing in online lender LendUp since before the startup launched ...

Facebook revenue smashes expectations

April 28th, 2016 (0)
Facebook revenue smashes expectations as mobile ad sales surge Facebook Inc’s (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers ...

Asian Stocks, Nasdaq Futures Slide on Apple; Aussie Sinks on CPI

April 27th, 2016 (0)
European shares fluctuate amid mixed earnings; Total climbs Apple, Twitter add to technology gloom as forecasts disappoint Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before ...

Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides

April 26th, 2016 (0)
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...

Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen

April 22nd, 2016 (0)
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
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