00:09 Speaker A It’s time now for today’s trending tickers. Well, let’s start with some breaking news first. 00:14 Speaker A General Motors is down in pre-market, and that’s after the automaker said it would take a $1.6 billion hit from slowing sales of electric vehicles. 00:27 Speaker A GM will revise its earnings by…
A Wall Street dealmaking bonanza in the third quarter helped boost profits at JPMorgan Chase (JPM) and Goldman Sachs (GS) as some of the country’s largest banks raked in higher revenues from investment banking and trading. JPMorgan posted net income of $14.4 billion, a 12% increase from the third quarter of last year and roughly…
NOTTINGHAM, England (AP) — Former Premier League referee David Coote has pleaded guilty to making an indecent image of a child. The 43-year-old Coote made the plea at Nottingham Crown Court on Tuesday after previously denying the charge. He appeared in court in connection with an allegation relating to a category A video, the most…
By Amina Niasse NEW YORK (Reuters) -The U.S. Centers for Disease Control and Prevention adopted recommendations last week from its advisory panel on vaccines, signaling official guidance for pharmacists and patients who have been waiting for clarity on the updated COVID-19 shots. Prior to the CDC’s Advisory Committee on Immunization Practices’ recommendation to allow the…
By Max A. Cherney SAN FRANCISCO (Reuters) -U.S. Republican Senator Tom Cotton has asked the Commerce Department to investigate Singapore-based Megaspeed for allegedly diverting Nvidia chips used for artificial intelligence, according to a letter seen by Reuters on Monday. The letter cites an October report in The New York Times that detailed the alleged diversion…
By Rozanna Latiff KUALA LUMPUR (Reuters) -U.S. President Donald Trump will visit Malaysia on October 26, Foreign Minister Mohamad Hasan said on Tuesday, adding that he was “looking forward” to witnessing a ceasefire deal between Southeast Asian neighbours Thailand and Cambodia. Tension over undemarcated points on the two nations’ 817-km (508-mile) land border erupted into…
Retail investors have turned Opendoor Technologies into a meme stock. In June of this year, Opendoor Technologies (OPEN -4.03%) stock was trading at an all-time low of $0.51. But it has staged an eye-popping 1,370% rally since then, fueled by a social media-led frenzy among retail investors, and it trades at $7.50 as I write…
Golden State residents will see their electricity bills increase by $17 on average each month after the California Public Utilities Commission approved a controversial rate hike Sept. 18. However, some households are minimizing their energy costs by going solar — and you can protect yourself against rate hikes, too, whether you’re in California or elsewhere….
US President Donald Trump will visit Malaysia on October 26, Foreign Minister Mohamad Hasan said on Tuesday, adding that he was “looking forward” to witnessing a ceasefire deal between Southeast Asian neighbours Thailand and Cambodia. US President Donald Trump on the South Lawn of the White House after arriving on Marine One in Washington(Bloomberg) Tension…
Madagascar’s embattled President Andry Rajoelina has said he is sheltering in a “safe place” after an attempt on his life, following weeks of protests calling for him to quit. In a live broadcast to the nation on Facebook, Rajoelina, 51, said “a group of military personnel and politicians planned to assassinate me”. He did not…