Top technology stocks turned negative Monday as a string of disappointing earnings results appeared to rattle investor confidence in the sector. Business and financial news – CNNMoney.com
Finance
The tech bloodbath is here
Top technology stocks turned negative Monday as a string of disappointing earnings results appeared to rattle investor confidence in the sector. Business and financial news – CNNMoney.com
Asian shares slip on tech rout, focus shifts to BOJ
Asian share markets weakened on Tuesday, taking cues from the rout in global technology shares while the yen edged higher ahead of the Bank of Japan’s rate review, at which it could flag a shift…
With nimbler bikes, Harley sharpens Asia focus to revive growth
Harley-Davidson Inc is launching lightweight motorcycles in Asia and electric bikes globally in the hope of reviving demand, as it faces falling sales in the United States and the threat of trade tariffs adding to…
Meat processor Tyson Foods cuts profit forecast on mounting tariff pressures
Tyson Foods Inc cut its full-year profit forecast on Monday, citing the uncertainty in trade policies and increased tariffs that have hurt domestic and export prices of meat, sending its shares down 6 percent. Reuters:…
4 things to know before the bell
Here’s what you need to know about the markets before you start your business day. Business and financial news – CNNMoney.com
Asia shares subdued for central bank, data test
Asian share markets drifted lower on Monday while currencies kept to familiar ranges at the start of a busy week peppered with central bank meetings, corporate results and updates on U.S. inflation and payrolls. Reuters:…
California farmers and Mexican cheese sales, U.S. trade war takes a toll
Stephen Mancebo, a fourth-generation California dairy farmer with 2,300 cows, has battled ups and downs in his temperamental industry for a quarter-century only to find himself a casualty of a U.S trade war with one…
‘Happy with tariffs’: Steel industry emerges as trade war winner
Read full story for latest details. Business and financial news – CNNMoney.com
Exclusive: BMW to raise prices of two U.S.-made SUV models in China
German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on U.S. car imports into the world’s biggest auto market….
UK ‘fake news’ report calls for tougher rules, fines for social media companies
If the recommendations are adopted, it will radically change how the UK deals with social media companies. Business and financial news – CNNMoney.com
California’s top court rules workers must be paid for off-the-clock tasks
The ruling in California’s Supreme Court is the result of a six-year court battle between Starbucks and one of its workers. Business and financial news – CNNMoney.com
GM sold these money-losing brands. Now they’re making hundreds of millions
Opel and Vauxhall were big money losers for General Motors. A year after they were cast aside, the brands are making hundreds of millions for PSA. Business and financial news – CNNMoney.com
G20 agriculture ministers express concern about ‘protectionist’ measures
Agriculture ministers from the G20 countries said on Saturday they were concerned about the increasing use of protectionist non-tariff trade measures inconsistent with World Trade Organization (WTO) rules. Reuters: Business News
Vans sneakers are crushing it
Read full story for latest details. Business and financial news – CNNMoney.com
Six women tell The New Yorker that CBS chief Les Moonves sexually harassed them
The New Yorker has published an investigation that details allegations of sexual misconduct, intimidation and retaliation against longtime CBS president and CEO Les Moonves. Business and financial news – CNNMoney.com