Tag: economy

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers that sank its stock price. Source link

As the world splits along U.S.-China fault lines, telecom companies in Vietnam appear to be quietly avoiding the Chinese tech giant in their 5G plans. Source link

The landmark retailer, facing steep rent increases, is exploring filing for bankruptcy, along with renegotiating leases or taking on a strategic investor. Source link

Appointment well-suited to guide bank as it seeks to restore public perception Source link

U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States. Source link

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,… Source link

Some security concerns raised about the app at the center of a popular social media trend are exaggerated, but experts say the developer should be more transparent. Source link

Oil prices steadied on Thursday after falling in the previous session when official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season. Source link

CEO celebrates news, but also reiterates “we’re only just getting started” Source link

BNY Mellon Corp’s push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products. Source link