- 2019-12-12 16:49:03Z
Refinitiv's Lipper Weekly U.S. Fund Flows Report, dated on Dec. 4 , showed net inflows of nearly $1.2 billion for all taxable bond funds, with corporate investment-grade bonds and money market funds seeing the biggest inflows. The Federal Reserve has cut interest rates this year, prompting a general rethinking about the path of interest rates, experts say. David Ashby, the founder of Mustard Seed Wealth Management, says Vanguard's bond funds are popular with individual investors and financial advisors alike.
The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks. The White House was expected to make an announcement later on Thursday, the source said. In an attempt to secure a "phase one"
Pandora has begun to test a new type of advertising format that allows listeners to respond to the ad by speaking aloud. In the new ads, listeners are prompted to say "yes" after the ad asks a question and a tone plays. Debut advertisers testing the new format include Doritos, Ashley HomeStores, Unilever, Wendy's, Turner Broadcasting, Comcast and Nestlé.
Apple isn't just offering in-depth election news -- for 2020, it'll have a degree of participation in the process. Apple News will co-host its first political debate on February 7th, when it partners with ABC and WMUR-TV for the eighth Democratic debate in Manchester, New Hampshire. Apple hasn't outlined just what it will do as part of its co-hosting duties (we've asked it for details), but it's safe to presume that the debate will receive priority coverage in the News app.
Google Cloud today announced Transfer Service, a new service for enterprises that want to move their data from on-premise systems to the cloud. This new managed service is meant for large-scale transfers on the scale of billions of files and petabytes of data. It complements similar services from
(Bloomberg) -- Peloton Interactive Inc. should start getting used to short sellers.Short interest accounts for 70% of the available shares and is expected to remain high until the IPO lockup expiry on March 24, according to financial analytics firm S3 Partners. Bearish positions have been steadily increasing
Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co's chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is "not realistic," according to an email seen by Reuters.
Small-satellite startup Kepler Communications is teaming up with SpaceX to make good on its deployment goals for its first nanosatellite constellation. SpaceX will carry two separate batches of nanosatellites from Kepler aboard its Falcon 9 launch vehicles. Kepler Communications, a Toronto-based
Hulu today is launching a new kind of ad experience that allows brands to specifically target binge-watchers -- that is, viewers who are watching multiple episodes of a favorite program over a long stretch of time. The binge watch ad concept was first announced at Hulu's annual NewFronts presentation
Atlassian has a portfolio of developer tools like Bitbucket, Jira and Confluence. It also has a marketplace with thousands of add-ons. "Forge will empower developers to more easily build and run enterprise-ready cloud apps that integrate with Atlassian products," the company wrote in a blog
Leader of House Democrats Nancy Pelosi is this year's 3rd most powerful woman in the world, according to Forbes.
Investing.com - Adobe (NASDAQ:ADBE) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
A flash stress in the market in September meant that cash available to short-term borrowers all but dried up as demand for funds to settle Treasury purchases and pay corporate taxes overwhelmed loans made available in the repurchase agreement (repo) market. Interest rates in U.S. money markets shot
Waymo has acquired Latent Logic, a UK company that spun out of Oxford University's computer science department, as the autonomous vehicle company seeks to beef up its simulation technology. The acquisition also marks the launch of Waymo's first European engineering hub will be in Oxford, UK
Total iPhone shipments in China in the September-November period dropped 7.4% from a year earlier, Credit Suisse analyst Matthew Cabral said, citing data from China's Ministry of Industry and Information Technology. The latest iPhone 11 range hit stores in China in September, with short queues of die-hard fans contrasting with the hundreds who camped out ahead of some previous launches.
The ability to buy by millionth of a share lets Robinhood undercut Square Cash's recently announced fractional share trading, which sets a $1 minimum for investment. "One of our core values is participation is power" says Robinhood co-CEO Vlad Tenev.
Star Wars has come to Facebook's Messenger app. The features were developed in partnership with Disney to help promote the upcoming film, "Star Wars: The Rise of Skywalker," which premieres nationwide on December 20. Both the stickers and the reactions allow users to express themselves
It's been less than two years since WeWork announced the acquisition of SEO and content marketing company Conductor - but those two years have been bumpy, to say the least. Briefly: Parent organization The We Company's disastrous attempt to go public resulted in the ouster of CEO Adam Neumann
Yesterday, at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the cofounder and CEO of Klarna, a 15-year-old company that's currently the most highly valued privately held fintech in Europe, following a $460 million investment that pegged the company's worth at $5.5 billion back
Space industry heavyweight Northrop Grumman has signed a costumer for the launch of its first OmegA rocket, a medium/heavy lift launch vehicle that it's currently readying for flight with a target of spring 2021 for its first ever flight. OmegA will unlock additional payload capacity vs. the launch
Costco Wholesale (NASDAQ: COST ) releases its next round of earnings this Thursday, December 12. Here's Benzinga's essential guide to Costco Wholesale's Q1 earnings report. Earnings and Revenue Wall Street ...
(Bloomberg) -- Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic.The share of credit card borrowers who are at least 90 days past due on their accounts will probably tick up to 2.01% next
GetYourGuide has made a name for itself as the startup that helped the stale idea of guided tours for travellers on its head. Today it offers 23 different Originals in 17 cities like Paris, London, Berlin and Rome.
(Bloomberg) -- Thyssenkrupp AG, Ilsenburger Grobblech GmbH and Voestalpine AG were fined 646 million euros ($719 million) in a settlement with Germany's competition authority over price fixing in the steel industry.The companies were fined, along with three unidentified people, for exchanging information and agreeing to surcharges on a kind of steel used in bridge building, ships and pipelines, according to a statement from the authority.The illegal arrangement lasted from 2002 to 2016. Steelmaker Dillinger Hüttenwerke also participated in the agreement, but was granted immunity for being the first company to cooperate.Austria's Voestalpine said it will pay 65.5 million euros....
With the Fed out of the way, the main focus for investors will be whether Trump decides to slap the Chinese with fresh tariffs on December 15, or if he decides to delay the move in the hopes of a short-term trade deal.
Streaming services are popping up like weeds these days, but MUBI has been at it basically since streaming video first emerged as a business. Founded in 2007, MUBI focuses on curated, independent film from international artists and creators, and the company has recently further differentiated itself
Lidar startup Aeva has deepened its relationship with VW Group with a new investment from Porsche Automobili Holding SE, thanks to a next-generation sensor that is headed for the ID Buzz AV, an electric reboot of the automaker's iconic bus that will be used as autonomous taxis. Aeva's newest
At TechCrunch Disrupt Berlin, the General Manager of Northern, Central and Eastern Europe for Uber Eats Charity Safford and Glovo's co-founder Sacha Michaud sat down with TechCrunch's Natasha Lomas to discuss all of the ups and downs that come with running a delivery service.
Oil prices rose on Thursday, recouping some of the losses from the previous session that followed a surprise increase in U.S. crude inventories, as the market mood switched to relief after OPEC forecast a supply deficit next year. West Texas Intermediate crude was up 12 cents, or 0.2%, at $58.88 a barrel, following a 0.8% drop the previous session. The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday said it now expected a small deficit in the oil market in the next year, suggesting the market is tighter than previously thought - even before the latest pact with other producers to curb supply takes effect.
Dec.12 -- Nestle SA is selling its U.S. ice cream business to a joint venture with private equity firm PAI Partners. It's valued at $4 billion. The deal aims to create a stronger challenger to Unilever. Bloomberg Intelligence's Duncan Fox discusses the deal on "Bloomberg Markets: European Open."
This is one form of default based on our definition," said Ivan Chung, a Hong Kong-based analyst at Moody's Investors Service, noting that the debt revamp has resulted in losses for investors. The debt restructuring plan, first of its kind for a Chinese state-run enterprise in the dollar bond market, came ahead of $300 million dollar bond maturity on Dec. 16, one of the four notes covered by Tewoo's debt restructuring plan. Tianjin State-owned Capital Investment and Management, its offshore debt manager, said on an investor call last month that Tewoo is very likely to default on this paper.
Dec.12 -- Steen Jakobsen, chief economist and chief investment officer at Saxo Bank A/S, talks about his "outrageous" predictions for 2020. He also discusses the market implications of the U.K. election. He speaks with Juliette Saly and Rishaad Salamat on "Bloomberg Markets: Asia."
Mortgage applications jump as borrowers come back from their Thanksgiving break.
West filed suit Tuesday in Los Angeles against Dr. Charles Runels of coastal Fairhope, Alabama. West, a reality TV star and successful businesswoman who has a number of beauty and lifestyle enterprises and millions of followers on social media, asked a federal judge to bar Runels from using her name
Jeff Bezos -founded Blue Origin has recorded another successful mission for its New Shepard sub-orbital launch vehicle, which is a key step as it readies the spacecraft for human spaceflight. This is also the sixth flight of this re-used booster, which is a record for Blue Origin in terms of relying
Today, on stage at TechCrunch Berlin, four of Atomico's most senior partners took the stage together for the first time, flying into the city from London, Stockholm, and Geneva to talk about a wide range of issues. Among the many things we discussed were direct listings, secondary investments,
Lululemon Athletica Inc forecast profit for the all-important holiday quarter largely below analysts' expectations on Wednesday, sending the apparel maker's shares down 5% in extended trading. Lululemon had 46% of its apparel on sale on its U.S. website during the third quarter, compared with last year's 39%, according to brokerage UBS. Lululemon expects to earn between $2.10 and $2.13 per share in the fourth quarter.
Wells Fargo & Co (NYSE: WFC ) announced the adoption of zero-cost trades on its WellsTrade self-directed trading platform on Monday. This development follows Bank of America Corp's (NYSE: BAC ) announcement ...
(Bloomberg) -- Lululemon Athletica Inc. reported another quarter of double-digit sales growth -- but that wasn't enough to boost a stock that's already almost doubled this year. Shares fell in late trading.Lululemon sees profit of $2.10 to $2.13 a share in the fourth quarter, lower than analysts' median estimate of $2.13 a share. Meanwhile, the closely watched metric of comparable-store sales rose 17% on a constant-currency basis in the latest quarter, beating the 14.2% estimate compiled by Consensus Metrix. That represents eight straight quarters of double-digit growth for the measure.Key InsightsDespite its 11th consecutive profit beat, the Vancouver-based company is suffering from...
The company claims Disney is illegally infringing on its slogan.
Google today released its annual "Year in Search" data that takes a look back at some of the most notable searches of 2019. Specifically, Google looked at the biggest trends -- meaning, search terms that saw the largest spikes in traffic over a sustained period in 2019 compared to 2018. In
Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.
A year ago, we asked some of the most prominent smart home device makers if they have given customer data to governments. The big three smart home device makers - Amazon, Facebook and Google (which includes Nest) - all disclosed in their transparency reports if and when governments demand customer data
Okay, so it isn't the most polite question to ask. But boy is it natural to be curious about your peers' finances - and to feel comfort in knowing you're in the same boat as everyone else. (Any else have retirement-oriented fever dreams?) At R29, we're interested in erasing the taboo nature of money talk - so we thought we'd ask just about the most vulnerable question we could think of: How much money do you have in your bank account right now at this very moment? And speaking of, how much debt do you have? Oh and while you're at it, how do you feel about all of that information as it relates to the grand scheme of your life? We asked, and over 100 of you answered. Ahead, you'll find...
Along with Quest hand tracking, one of Facebook's big announcements at Oculus Connect 6 in September was a batch of social VR features. You'll get to try them over the coming days, as Oculus is starting to roll them out.
New York, New York--(Newsfile Corp. - December 11, 2019) - As the end of the year's fourth quarter comes to a close, CEO3in60 highlights how Soligenix (NASDAQ: SNGX) has achieved multiple milestones across the company's core focus areas. Two treatments in development to treat rare diseases and
Nestle has agreed to sell its U.S. ice cream business to Froneri, moving U.S. control of brands including Häagen-Dazs to the joint venture the Swiss group set up in 2016 with PAI Partners in a deal valued at $4 billion. The deal, announced on Wednesday, adds the company's U.S. business - worth $1.8 billion in sales - to Froneri's existing control of Nestle ice cream brands in a raft of European markets. Nestle said it would continue to manage its remaining ice cream businesses in Canada, Latin America and Asia as part of its current market structure.
After last year's stellar turnout of almost 1,000 Silicon Valley shakers and movers at our Winter Party, TechCrunch is returning with the 3rd Annual Winter Party in San Francisco on February 7. The shindig will be held in the multi-level facility at Galvanize in San Francisco on Friday, February 7.
(Bloomberg) -- Jeffrey Gundlach said the odds of a recession have fallen and warned investors to steer clear of corporate debt because of rising risks of a weak dollar.There's a 35% chance of a recession by the end of next year, the bond manager said Tuesday. In September, he predicted 75%."We're clearly at a lower level now," Gundlach said in a webcast about the DoubleLine Total Return Bond Fund. That view is "based upon consumer confidence holding up. Based on the leading economic indicators have not gone below zero and they have always gone below zero prior to any recessions." he said.While the bull market shows no signs of abating, investors and analysts have been watching closely for...
Shares of popular home exercise company Peloton are off 7% in regular trading today as the company continues to reel in the wake of an advertisement it released that went viral for the wrong reasons. The ad is to blame for Peloton being in the public eye for the wrong reasons, but can't be framed