financializer news A weblog highlighting financial topics making news in the international media.

apple: Traderead moreUS blacklisting Huawei could boost Samsung and Apple, top analyst... Samsung and Apple could benefit in the smartphone market after the United States put Huawei on a blacklist that effectively bans U.S. firms from doing business with it, according to Xinhua China. Technologyread more Airline industry group slashes profit forecast as trade war hits...IATA Director General and CEO Alexandre de Juniac says trade disputes have hurt international trade, with cargo loads taking the biggest hit. China Politicsread more Mexican president hints at migration concessions to avoid Trump... Mexico's president on Saturday hinted his country could tighten migration controls to defuse U.S. President Donald Trump's threat to impose tariffs on Mexican goods. Airlinesread more How the Sackler family became nonprofit pariahs The family behind Purdue Pharma, the makers of Oxy Contin, has closed down all new funding of nonprofits while it deals with myriad lawsuits related to its role in the more Trump's Mexico tariffs risk pricing some Americans out of buying... Trump's latest threat to slap tariffs on cars from Mexico could price some Americans out of cars as auto prices near record highs. CNBC spoke with the... Personal Financeread more White House lawyer Emmet Flood who helped Trump with Russia... The announcement comes days after Robert Mueller announced that the special counsel's office was closing. Autosread more Beijing targets Fed Ex for 'damaging rights of Chinese clients'... According to Xinhua, Fed Ex failed to deliver express packages to designated addresses in China, seriously damaging the lawful rights and interests of its clients and... Marketsread more'The algorithm is our boss' Uber drivers face long hours, no... As Uber's initial public offering unfolded earlier this month, drivers across the country went on strike to denounce low wages and lack of benefits. (news.financializer.com). As reported in the news.

appointment: The appointment is effective from June 1, KKR said in a statement, according to Nine News Australia. Turnbull, 64, served as Australia's 29th prime minister from September 2015 to August 2018, when he was ousted in a leadership battle. To improve your experience update it here News World Ex-PM Turnbull hired by investment firm By AAP5 21pm May 31, 2019Facebook Tweet MailKKR & Co has appointed former Australian prime minister Malcolm Turnbull as a global senior adviser, the global investment firm says. The appointment marks a return to the world of finance for Turnbull, a former lawyer who held a host of high-profile corporate roles before entering politics as a local member of parliament in 2004. He was also an investor in one of Australia's first internet service providers, OzEmail, reportedly buying a stake for 500,000 in 1994 and selling it for 57 million to MCI Worldcom five years later. In the 1990s, Turnbull was the local managing director of global investment bank Goldman Sachs Group Inc. (news.financializer.com). As reported in the news.

mail: The Daily Telegraph Neil Woodford is pressuring companies in his portfolios to prove their worth by putting themselves up for sale or listing, as the star fund manager battles weak investor exodus and performance, according to The Guardian. The Guardian Daily Mail and General Trust reported a 25% year-on-year increase in ad revenues to 76 million at Mail Online in the six months to the end of March. Daily Mail First Group's plans to break up its rail and bus business and focus on North America have been branded 'woefully inadequate' by its biggest shareholder Coast Capital. The Daily Telegraph HSBC is likely to slash up to 500 investment banking jobs just weeks after its senior executives vowed to keep a close eye on costs. Daily Mail Jittery savers pulled cash out of Neil Woodford's flagship fund as it lost 560 million of its value in just four weeks. Business and economics Daily Mail Sir Philip Green has set out a 135 million plan to try to rescue his Arcadia fashion empire in a letter to the group's 18,000 staff. (news.financializer.com). As reported in the news.

abortion debate: Wade decision that established a woman's right to terminate her pregnancy. ; Comcast Corp.'s NBCUniversal unit said that it expects that many of the laws will face court challenges, but added, If any of these laws are upheld, it would strongly impact our decision making on where we produce our content in the future, according to The Japan Times. AT&T Inc.'s Warner Media cited similar concerns. Georgia is 1 of 9 U.S. states that have passed strict new limits on abortion this year, moves activists on both sides of the abortion debate have said were aimed at prompting the U.S. Supreme Court to review and strike down the landmark 1973 Roe v. If the new law holds we will reconsider Georgia as the home to any new productions, Warner Media said. On Wednesday, Walt Disney Co. As is always the case, we will work closely with our production partners and talent to determine how and where to shoot any given project. (news.financializer.com). As reported in the news.

american-israeli cooperation: In brief joint remarks, Kushner touted American-Israeli cooperation, saying, The security of Israel is something that is critical to the relationship between America and Israel and also very important to the president, and we appreciate all of your efforts to strengthen the relationship, according to The Japan Times. It's never been stronger. Kushner and U.S. special envoy Jason Greenblatt stopped in Israel as part of a Middle East tour to rally support for the administration's upcoming economic conference in Bahrain, which the White House bills as the first portion of its peace plan. ; The U.S. is hoping to draw Arab states with deep pockets to participate in the workshop, which envisions large-scale infrastructure work and investment in the Palestinian territories. But public attention was dominated by Israel's political crisis. You know, we had a little event last night, he said. Netanyahu attempted to play down concerns that the Israeli parliament's dramatic dissolution would further postpone the U.S. peace plan rollout. (news.financializer.com). As reported in the news.

analysis extras: It follows a similar price rise in the US, the first since 2017, which it said would also fund original content, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. The company says the extra money will be used to pay for new UK shows. You can form your own view. Subscribe now Under the terms of the price rise, the Standard subscription will go up by 1, from 7.99 to 8.99. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

board chair: Investors voted on eight independent shareholder proposals, all aimed at reforming a company that has seen its reputation shredded in recent years over concerns including data misuse, anti-competitive behavior, incitement of genocidal violence, and the hijacking of democratic elections, according to The Independent. Facebook cofounder calls for company to break up over 'unprecedented' power Read more Among the proposals with the most momentum were a plan to eliminate Facebook's dual-class share structure and another to require an independent board chair. The eight-foot frowny face that protesters took to Facebook's annual meeting Thursday in Palo Alto, California, was just one of numerous manifestations of investor and activist anger at the social media company. Both were doomed to fail due to the very issue they aimed to address Mark Zuckerberg, who is both chair and chief executive, controls more than 50% of the voting shares for the company, despite owning only about 15% of the company in total. Natasha Lamb, managing director of Arjuna Capital, described the company as Zuckerberg's failing autocracy while advocating for a report on how Facebook's mismanagement is affecting human rights and democracy around the world. All eight were duly defeated, but only after their proponents had a chance to address Zuckerberg and other assembled board members. (news.financializer.com). As reported in the news.

dow jones: The Dow Jones Industrial Average DJIA, -1.41% advanced 40 points, or 0.2%, to around 25,170, according to Market Watch. The Nasdaq Composite COMP, -1.51% rose 0.3% to around 7,572. The S&P 500 SPX, -1.32% rose 0.1% to 3,788. An update of first-quarter GDP data affirmed the U.S. economy had shown strong momentum in the first three months of the year. In company news, shares of Uber Technologies Inc. Trade uncertainty still occupied investors' concerns after Chinese Vice Foreign Minister Zhang Hanhui accused the U.S. of engaging in naked economic terrorism through its use of tariffs and trade sanctions. (news.financializer.com). As reported in the news.

multimillion-pound programme: The Banking Competition Remedies body, responsible for doling out millions of pounds to UK challenger banks to increase competition, announced on Wednesday it was parting ways with one of its five directors over a conflict of interest relating to an applicant for a 5m grant, according to The Independent. BCR said Nigel Vooght's link to the unnamed business was declared openly and in good time . The announcement magnified the inconsistent ways in which the multimillion-pound programme and its missteps have been managed to date. For a programme intended to smooth out any remaining irregularities in the banking sector a decade on from the 2008 crash, the process has been anything but. Vooght's conflict of interest is not BCR's first, but it is the only one to prompt a resignation, or a proactive and public declaration, by its directors. But only once the Times aired the allegations did BCR publicly acknowledge it had been aware of the conflict, saying it was appropriately managed. A month after handing a 100m grant to the digital upstart Starling Bank in February, it emerged Aidene Walsh, a BCR board member, had a close working history with Starling and its founder, Anne Boden. (news.financializer.com). As reported in the news.

recession fears: Mining giants BHP BHP, 0.16% and Rio Tinto RIO, -0.74% declined in Australia, as did Beach Energy BPT, -2.94% . The latest market slide comes as investors worry that the trade war between the U.S. and China will derail global economic and corporate profit growth as it drags on with no sign of a resolution, according to Market Watch. The cracks in global equity markets threatened to grow wider still as relentless haven-buying of sovereign bonds overnight pushed key yields even lower and sent recession fears through stocks, said Jeffrey Halley, senior market analyst at Oanda. Japan's benchmark Nikkei 225 NIK, -1.63% closed down nearly 0.3%. Australia's S&P/ASX 200 XJO, 0.08% fell 0.7% while South Korea's Kospi 180721, 0.14% rose nearly 0.8%. Hong Kong's Hang Seng HSI, -0.79% finished 0.4% lower, while the Shanghai Composite SHCOMP, -0.24% lost 0.3%. Stocks rose in Taiwan Y9999, 1.11% but fell in Singapore STI, -0.80% . Among individual stocks, Soft Bank Group 9984, -1.11% and Fast Retailing 9983, -2.18% fell in Tokyo trading, as did Nintendo 7974, 0.78% . In Hong Kong, Sunny Optical 2382, 0.54% and AAC 2018, 0.12% dropped, along with CSPC Pharmaceutical 1093, 0.32% . Samsung 005930, -0.12% and LG Electronics 066570, 0.26% advanced in South Korea. Asia is unlikely to feel much relief today either with both the Nikkei 225 and the ASX 200 down. The index had been down 1.3% earlier. On Wall Street, overnight, the S&P 500 index SPX, -1.32% fell 19.37 points, or 0.7%, to 2,783.02. (news.financializer.com). As reported in the news.

alarms: We are asking for trouble, veteran pilot Bernd Kai von Hoesslin wrote in a December email obtained by The Associated Press, adding that if several alarms go off in the cockpit at once, it will be a crash for sure . That prediction proved all too accurate, according to Nine News Australia. The Ethiopian Airlines Boeing 737 Max 8 crashed shortly after takeoff killing all 157 on board, near Bishoftu, south of Addis Ababa, in Ethiopia. To improve your experience update it here News World Pilot pleaded for training weeks before fatal Ethiopian Airlines crash By Associated Press7 34pm May 30, 2019Facebook Tweet Mail An Ethiopian Airlines pilot begged for more training just days after a Lion Air Boeing 737 Max nosedived in Indonesia, killing all 189 people on board. AP/AAP What Ethiopian Airlines did in response to his warnings is unclear, and whether it made any difference is a matter of dispute. It slammed into the ground amid a flurry of alarms as the pilots struggled to control a malfunction in the automatic anti-stall system. But within weeks, an Ethiopian Max indeed went down, killing all 157 people on board. (news.financializer.com). As reported in the news.

article: A stray shower or thunderstorm is possible, according to MSNBC. High 83F. Winds WSW at 5 to 10 mph.. Tonight Cloudy. Edit Article Add New Article var oAuthors if tnt.user.logged In && oAuthors ! -1 tnt.is Author true; ; Sign UpLog InDashboard Logout My items Logout Home About Us-- Advertising Info --Advertise with us Marketing your business-- Contacting Us --Contact us Collegian people-- More --Buy front page reprints Puzzle solutions Lion's List Classifieds Ask The Experts Students in the Know The Savvy Student Xpert Advice Alumni Latest News Borough Campus Crime and Courts State, National and Theta Pi Sports Men's Basketball Men's Ice Hockey Men's Soccer Wrestling Men's Volleyball Baseball Men's Lacrosse Women's Volleyball Women's Soccer Women's Basketball Field Hockey Women's Ice Hockey Women's Lacrosse More Division I Sports Podcasts Football to the Editor Arts Entertainment Books, Games Celebrities Movies, TVMusic Blogs Collegian Eats Arts & Culture function return false; ; function // Filter query var sQuery Filtered site-search-581878 /g, '' ; site-search-581878 input name q .val sQuery Filtered ; if return true; else return false; ;TNCMS. AdManager.init domain www.collegian.psu.edu secure Domain www.collegian.psu.edu virtualregion popup tnt.ads.popup callback expandable tnt.ads.expandable, html tnt.ads.html, image tnt.ads.image, pagecurl tnt.ads.curl, text tnt.ads.text, video tnt.ads.video ; Facebook Twitter You Tube Instagram context https //schema.org type Organization url same As Toggle navigation 55 State College, PA 16801 Today Except for a few afternoon clouds, mainly sunny. A stray shower or thunderstorm is possible. Updated June 1, 2019 3 10 am Full Forecast Search function return false; ; function // Filter query var sQuery Filtered site-search-581871 /g, '' ; site-search-581871 input name q .val sQuery Filtered ; if return true; else return false; ; Log In Using Your Account Log InDon't have an account Sign Up Today My items Logout Home About Us-- Advertising Info --Advertise with us Marketing your business-- Contacting Us --Contact us Collegian people-- More --Buy front page reprints Puzzle solutions Lion's List Classifieds Ask The Experts Students in the Know The Savvy Student Xpert Advice Alumni We Are Collegian We Are Collegian Magazine Alumni Interest Group Latest News Borough Campus Crime and Courts State, National and Theta PiSports Men's Basketball Men's Ice Hockey Men's Soccer Wrestling Men's Volleyball Baseball Men's Lacrosse Women's Volleyball Women's Soccer Women's Basketball Field Hockey Women's Ice Hockey Women's Lacrosse More Division I Columns Editorial Letters to the Editor Arts Entertainment Books, Games Celebrities Movies, TVMusic Multimedia Photos Recent Videos News Sports Podcasts Blogs Collegian Eats Arts & Culture var sNav Container var sBody Container ' main-body-container'; var sNav Height var iUnfix Point 0; if else sNav Scroll false; window .on 'scroll mousewheel', function if ! sNav Scroll sNav Scroll true; set Timeout function var iFix Point var iCurr Point this .scroll Top ; if iCurr Point iFix Point && iCurr Point iUnfix Point if iUnfix Point iFix Point; sNav Height 'px' ; else if 0 ; sNav Scroll false; 25 ; ; ; ; Close Notepad, coffee, Pen, Eyeglasses, Smart Phone -Cn0ra Facebook Twitter SMS Email Print Save wire New Year's Resolutions Not Going So Well 6 Tips To Revive Your 2019 Personal Finance Goals Money Tips May 30, 2019 Updated 3 hrs ago Facebook Twitter SMS Email Notepad, coffee, Pen, Eyeglasses, Smart Phone - Cn0ra var w yahoo top self window window.top, d yahoo w yahoo.document; w yahoo.ad Unit Code w yahoo.ad Unit Code ; w yahoo.api Key ZRJGFXCJQ2CNC3XCW486 ; var yap script var yap parent node yap script.parent Node; var container yap div function var script script.async true; script.src ; Town News Content Exchange Facebook Twitter SMS Email Print Save Money Tips By Andrea Woroch After months of heavy spending and eating people across the country start to think to themselves this isn't sustainable. Low 59F. Winds WSW at 5 to 10 mph. (news.financializer.com). As reported in the news.

comments risk: Trump will be in the UK from June 3 to 5 and his comments risk embarrassing Prime Minister Theresa May, who is due to quit as Conservative Party leader later that week, according to Nine News Australia. Trump hinted he may meet Farage and Tory leadership frontrunner Johnson during his trip, describing both men as friends. To improve your experience update it here News World'Two very good guys' Trump praises Farage and Johnson before UK trip By AAP3 42am May 31, 2019Facebook Tweet MailUS President Donald Trump has praised the UK's Brexit Party leader Nigel Farage and leadership contender Boris Johnson days before his visit to Britain. Donald Trump has heaped praise on Nigel Farage and Boris Johnson. Nigel Farage is a friend of mine. AAP And he highlighted the Brexit Party's success in the European elections, where Farage's outfit helped to humiliate May's Conservatives. (news.financializer.com). As reported in the news.

el presidente: Next came lunch with Macron and the prime ministers of Belgium, Holland and Portugal, and then a meeting with Angela Merkel, according to The Guardian. Pedro en El El seo, con el presidente de la Rep blica Francesa, Emmanuel Macron, para analizar los resultados de las elecciones al Europarl ES e intercambiar puntos de vista sobre la renovaci n de cargos en las instituciones europeas y la Agenda Estrat gica de la UE 2019-2024. 27, 2019 Neither the tweets, nor the accompanying pictures, required much deciphering. Now at the lys e, with Emmanuel Macron, the president of the French republic, to analyse the results of the European parliamentary elections and exchange ideas over jobs in European institutions and the EU's strategic agenda from 2019 to 2024, he tweeted the following evening. Flush from his second electoral triumph in less than a month and newly confirmed as the leader of the largest social democratic party in the European parliament Spain's acting prime minister was coming to claim his seat at the high table of continental politics. At other times, notably under S nchez's conservative predecessor, Mariano Rajoy, the country has seemed indifferent, or distracted. Despite being among the most ardently pro-EU countries in the bloc, Spain has often struggled to position itself as a key player. (news.financializer.com). As reported in the news.

recession fears: The S&P 500 index SPX, -1.32% gained 5.84 points, or 0.2%, to 2,788.86 and the Nasdaq Composite Index COMP, -1.51% climbed 20.41 points, or 0.3%, to 7,567.72, according to Market Watch. What drove the market Treasury prices retreated with yields edging back up. How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -1.41% rose 43.47 points, or 0.2%, to close at 25,169.88. The yield on the 10-year note TMUBMUSD10Y, 0.00% rose 3 basis points to 2.266%. A recent rally in government bonds deepened the inversion of the yield curve, with the rate on the 10-year note sinking further below the yield on the 3-month T-bill TMUBMUSD03M, 0.00% stoking recession fears. Read Here's why stock-market investors should worry about the slump in Treasury yields The bounce in stocks came despite a lack of apparent progress on the U.S.-China tariff dispute. Yields move in the opposite direction of bond prices. (news.financializer.com). As reported in the news.

section issues: Wednesday, the key market gauge lost 256.77 points. ; The Topix index of all first section issues closed down 4.43 points, or 0.29 percent, at 1,531.98, after shedding 14.58 points the previous day, according to The Japan Times. The market got off to a weak start, after the Dow Jones Industrial Average extended losses in New York on Wednesday amid growing fears of a global economic slowdown stemming from the prolonged U.S.-China trade dispute, brokers said. The 225-issue Nikkei average fell 60.84 points, or 0.29 percent, to end at 20,942.53, its first finish below the psychologically important line since March 25. Also weighed down by a weak performance of Shanghai stocks, the Nikkei briefly lost over 190 points in the morning. Economic uncertainty grew following the occurrence of a so-called yield curve inversion in the United States, said Hiroaki Kuramochi, chief market analyst at Saxo Bank Securities Ltd. Tokyo stocks recouped some of their losses in the afternoon, helped by a weaker yen against the dollar and buying from value investors, brokers said. (news.financializer.com). As reported in the news.

semiconductor program: Despite the ongoing China-US trade war, eight US companies showed up on the project list, including California-based Omni Vision Technologies, which announced it would increase investment by 20 million in its semiconductor program in its Shanghai facility, said the report, according to Global Times China. Other US companies are engaged in the consumer goods, new material, auto components and medical care sectors. Covering such sectors as financial services, food, vehicles and biomedicine, the projects were collectively signed at a hotel in Shanghai, according to a report of thepaper.cn Thursday. With China's further opening-up in the financial sector progressing, more foreign companies can hold controlling stakes in their joint ventures in China. JPMorgan Chase announced in March that it received approval from the China Securities Regulatory Commission to establish a new majority owned and controlled securities company in China - JPMorgan Securities China Co - the first securities company in the country controlled by foreign capital. Both US-based JPMorgan Chase and German insurer Allianz have invested in Shanghai to gain a foothold. (news.financializer.com). As reported in the news.

tech giants: As such, AI governance has also become a hot issue, according to Global Times China. Since Google's Alpha Go defeated Go world champion Lee Sedol in 2016, people have been looking forward to new and more varied AI applications. The increasing applications for AI will bring profound changes to the development of human society. Why have the challenges facing AI governance suddenly become a global concern Today, with more than 4 billion internet users around the world, a group of tech giants worth billions or even trillions of dollars have emerged. Thus, this round of the AI boom is likely to enter the large-scale application stage, affecting the personal interests of everyone, which could trigger AI competition among various countries. Since the data of billions of users on their platforms point to easy-to-use AI application scenarios and business potential, these companies have invested heavily in AI research and development. (news.financializer.com). As reported in the news.

uhv strength: The nation's UHV strength could possibly be leveraged to foster cooperation between China and the US, which are still locked in trade tensions, according to Global Times China. China has made no secret of its approach of enabling efficient, cost effective and environmentally friendly power transmission - creating a national network of UHV transmission lines that transmit energy over a long distance, linking far-off interior regions abundant in solar, wind and hydro resources to energy-thirsty coastal regions. Chinese solutions to smart energy centered around ultra high voltage UHV development could be another claim to fame abroad, much like the country's high-speed rail. Apart from the UHV push led by state-owned State Grid Corp of China SGCC the world's largest utility company, wide-ranging efforts are under way to facilitate the use of energy in a smart, integrated manner. The three-day tour offered detailed insights into the well-functioning ecosystem that underpins the country's energy prowess. Earlier this month, I attended a media tour around Suzhou, East China's Jiangsu Province, a model city of the technology-driven energy revolution. (news.financializer.com). As reported in the news.

haves: Success is making New Zealand both a great place to make a living, and a great place to make a life, Robertson told parliament, according to The Guardian. He said many New Zealanders were not benefiting from a growing economy in their daily lives, and this year's budget had been designed to address the growing disparity between the haves and have-nots. The finance minister, Grant Robertson, unveiled billions for mental health services and child poverty as well as record investment in measures to tackle family violence. According to predictions by the International Monetary Fund, the economy is expected to grow at about 2.5 % in 2019 and 2.9% in 2020. New Zealand budget leak 'hackers' had simply searched Treasury website Read more As expected, mental health received the biggest funding and investment boost on record, receiving NZ 1.9bn 980m . Half a billion was earmarked for the missing middle particularly New Zealanders suffering from mild to moderate anxiety and depressive disorders that did not require hospitalisation but significantly affected their quality of life. Although comparable countries such as the UK have begun to measure the national rate of wellbeing, New Zealand is the first western country to design its entire budget based on wellbeing priorities and instruct its ministries to design policies to improve wellbeing. (news.financializer.com). As reported in the news.

hegemonism: Lu described US trade policy as typical economic terrorism, economic hegemonism, and economic unilateralism, according to CNN. The statement followed similarly ominous rhetoric from Chinese state media, which issued a stern message to Washington on Wednesday Don't say we didn't warn you. The Ministry of Foreign Affairs said the White House had brought huge damage to the economy of other countries and the US itself, spokesperson Lu Kang told reporters in Beijing on Thursday. The People's Daily, the newspaper of the ruling Communist Party, used the loaded phrase in a commentary on Wednesday, in which it said that China would never accept the US' suppression of Chinese development. On May 15, the Trump administration signed an order that potentially banned major Chinese companies, such as technology giant Huawei, from buying vital components such as computer chips from the US. Many of those chips are made using rare earths, of which China is a major exporter. Read More The warning came as China's top economic planning agency suggested it would be willing curb exports of rare earth minerals, which are crucial for high-tech manufacturing. (news.financializer.com). As reported in the news.

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jo cox: Calling for cross-border collaboration with the private sector, the report by the Royal United Services Institute RUSI emphasised the importance of financial leads in investigations such as the one into the killing of the Labour MP, Jo Cox, by the extreme rightwing terrorist Thomas Mair, according to The Guardian. It emerged after the murder that Mair had spent approximately 500 purchasing manuals on the construction of bombs, the assembly of homemade pistols and issues of a journal published by a US neo-Nazi organisation. The report warns that the focus placed on Islamists has meant that counter-terrorist authorities tasked with looking into financing have made little attempt to understand how far-right individuals and groups raise funds. Where this activity occurs online involving electronic payments rather than anonymous cash payments, it could trigger a red flag' for financial institutions processing the related payments that may be useful to law enforcement, the study said. The group had a clear organisational structure and was believed to have been well-funded. The authors also bemoaned the lack of clear evidence in the public domain about the funding of National Action, thefarright group that was banned in 2016 after it celebrated Cox's murder. (news.financializer.com). As reported in the news.

m shares: Comcast Corp New now has 190.27B valuation, according to MSNBC. The stock decreased 1.30% or 0.55 during the last trading session, reaching 41.92. Paragon Capital Management Ltd sold 27,616 shares as Comcast Corp New CMCSA 's stock declined 0.84%. The Paragon Capital Management Ltd holds 20,578 shares with 701,000 value, down from 48,194 last quarter. About 14.88M shares traded. It has outperformed by 1.62% the S&P500. Comcast Corporation CMCSA has risen 5.99% since May 30, 2018 and is uptrending. (news.financializer.com). As reported in the news.

auto market: The Chinese ride-hailing service operator has already aligned with Toyota in the so-called e-Palette project to develop electric and autonomous vehicles that can be used as mobile stores, together with other global technology giants, including Amazon Inc, according to The Japan Times. The move comes amid Toyota's continuing transformation into a mobility company that offers a wide range of services. Toyota and Didi are looking to set up a joint venture to offer mobility services, including ride-sharing in the world's largest auto market, the sources said. ; Didi has secured an overwhelming ride-hailing market share in China through the acquisition of Uber Technologies Inc.'s Chinese business. The automaker has invested in several ride-hailing operators across the globe, including another giant of the sector in Grab Taxi Holdings Pte. out of Singapore. Twitter Facebook Linked In LATEST BUSINESS STORIESTrump vows tariffs on Mexico, starting at 5% and rising until illegal immigration ends Japanese Economy Minister Toshimitsu Motegi said on Friday that an escalation of U.S. tariffs on Mexico and China is an undesirable development for the global economy, in response to questions a... Dollar hits four-month lows below 109 in Tokyo after Trump threatens tariffs on Mexico The dollar hit four-month lows of around 108.80 in Tokyo trading late Friday, with risk aversion growing after U.S. President Donald Trump threatened to impose punitive tariffs on all imports from... Tokyo stocks tumble on Trump's Mexico tariff threat Stocks took a plunge on the Tokyo Stock Exchange on Friday, battered by the yen's sharp rise against the dollar after U.S. President Donald Trump threatened to impose punitive tariffs on all import... /4973089/JT-teads googletag.cmd.push function googletag.display ; ; Toyota said last month it will jointly invest 1 billion in Uber's new subsidiary to develop autonomous vehicles, together with Soft Bank Group Corp. and auto parts supplier Denso Corp. (news.financializer.com). As reported in the news.

board committee: The protest fizzled, with about 41% of the votes supporting the separation at the company's annual meeting, little more than the more than the 38% approval votes that similar resolutions garnered in recent years, according to The Independent. Shareholders also defeated measures calling for a special board committee on climate change and for a report on the risks of climate change to Exxon's U.S. Gulf Coast chemical plants. Two institutional shareholders had urged a vote in favor of the role split after Exxon got the U.S. Securities and Exchange Commission to strike a climate change measure from its ballot. At Chevron Corp's annual meeting on Wednesday, a proposal to create an independent chairman received just 26% of votes, and only 8% of votes favored a board committee on climate change. Royal Dutch Shell last year agreed to set targets to reduce greenhouse gas emissions and link them to executive pay. In contrast, 99% of shareholders at BP Plc last week favored a resolution calling for the British oil company to meet a climate accord seeking to curb a rise in global temperatures. (news.financializer.com). As reported in the news.