Monthly Archives: June 2019

T-Mobile, Sprint CEOs lead negotiations as DOJ nears a decision

At the 11th hour of merger talks, T-Mobile US, Inc., CEO John Legere and Sprint, Corp. Executive Chairman CEO Marcelo Claure have taken the lead in negotiating with the Department of Justice as a decision looms on the $26 billion deal, according to sources familiar with the matter. Continue Reading Below Ticker Security Last Change […]

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Oil steadies, but still set for weekly loss on demand fears

Oil prices steadied on Friday but remained on track for a weekly loss on fears that trade disputes will dent global oil demand, though attacks on two oil tankers in the Gulf of Oman this week gave prices a floor. Continue Reading Below Brent crude futures were up 9 cents at $61.40 a barrel by 1139 GMT, having gained 2.2 […]

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Facebook cryptocurrency embraced by Visa, Mastercard, PayPal, Uber

Facebook Inc. has signed up more than a dozen companies including Visa Inc., Mastercard Inc., PayPal Holdings Inc. and Uber Technologies Inc. to back the new cryptocurrency that the social-media giant plans to unveil next week. Continue Reading Below The collection of financial firms and e-commerce companies will invest around $10 million each in a consortium that will govern the digital coin, according to people […]

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Dow snaps six-day winning streak

Stocks closed down Tuesday, with the Dow Jones Industrial Average snapping a six-day winning streak, as investors weighed U.S.-China trade tensions against prospects for monetary stimulus from the U.S. central bank. Click Here: Sports Water Bottles Continue Reading Below China is promising to “fight to the end” if the U.S. escalates tensions in their ongoing trade war as President […]

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The Birth of Chinese Modern Luxury? 4 Homegrown Brands that Show Potentials

From silk and jade to redwood furniture and Cheongsam (also known as qi’pao), ancient China has never been short on producing luxury goods that are widely sought-after by the rest of the world for its craftsmanship, artisanship, and top-notch quality. However, when it comes to modern luxury such as apparel, haute couture, leather handbags, etc, […]

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JPMorgan Chase CEO Jamie Dimon: Socialism a ‘big mistake’

JPMorgan Chief Executive Jamie Dimon warned at a quarterly meeting of the Business Roundtable (BR) that socialism would be a “huge mistake." Continue Reading Below “When government owns and controls companies used for political purposes, not economic purposes, it usually means jobs and votes and can lead to huge deterioration,” said Dimon, who chairs the BR. The […]

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Dow snaps six-day winning streak

Stocks closed down Tuesday, with the Dow Jones Industrial Average snapping a six-day winning streak, as investors weighed U.S.-China trade tensions against prospects for monetary stimulus from the U.S. central bank. Continue Reading Below China is promising to “fight to the end” if the U.S. escalates tensions in their ongoing trade war as President Trump edges closer to deciding […]

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Facebook unveils ‘Study’ market research app, says they’ll compensate participants

Facebook unveiled a new market research app on Tuesday aimed to help them gather data about participant's app usage and said it would compensate anyone who joins the study. Continue Reading Below The social media giant’s app is called "Study from Facebook" and is available in the Google Play Store, Facebook said in a news […]

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Trump controlling only rare earth mine in US ‘unrealistic,’ MP Materials co-chairman says

An official with MP Materials, the only rare earth mining and processing site in North America, told FOX Business he doesn’t foresee the Trump administration taking control of the mine. Continue Reading Below “I really don’t think it’s a realistic consideration because by the time that happens, we are already profitable, we’re producing,” MP Materials […]

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Live Lounge: The Shanghai-Based Podcast Offering a “Reality Check” for Brands

Navigating the China market can bring an endless list of challenges and considerations both planned an unplanned. For instance, how can brands localize their marketing strategies beyond first-tier cities? Or how can they be “China ready” in relation to technology? The British Chamber of Commerce in Shanghai is tackling these and many other China-related questions […]

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