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Posts published in “Uncategorized”

Did Trump break the law in his call to Georgia’s secretary of state?

After The Washington Post on Sunday published an extraordinary phone call between President Donald Trump and Georgia Secretary of State Brad Raffensperger, R, many observers shared one question: Did Trump break the law? During that hour-long call on Saturday, Trump urged Raffensperger to “find” enough votes to overturn his defeat and threatened him with vague…

China’s Xi Jinping personally halted Ant’s record-breaking $37 billion IPO after boss Jack Ma snubbed gov..

Ted S. Warren-Pool/Getty Images Chinese President Xi Jinping halted Ant Group's historic $37 billion initial public offering after its founder, Jack Ma, criticized government leaders, The Wall Street Journal reported.A week before the Chinese fintech was set to go public, Ma made incendiary comments that didn't go down well with the president or other government…

Dow Jones Futures: Stock Market Rally Attempt Begins As Trump Vs Biden Race Narrows; Election 2020 Scenarios

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Oil major Shell increases dividend as third-quarter earnings beat forecasts

A Shell tanker truck delivers fuel to a gas station, operated by Royal Dutch Shell Plc., in Rotterdam, Netherlands. Jasper Juinen | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of…

Samsung posts highest revenue ever after boost in flagship phone sales

Samsung Electronics has announced quarterly earnings for the July-September 2020 period, making 66.96 trillion won (~$59 billion) in revenue and 12.35 trillion (~$11 billion) in operating profit. That’s the highest quarterly revenue figure ever for the Korean electronics giant, which says that it was able to meet a boost in customer demand following COVID-19 disruption.…

IBM Revenue Beats Estimates, Buoyed by Growth in Cloud Sales

TipRanks3 Big Dividend Stocks Yielding at Least 8%; Wells Fargo Says ‘Buy’With the Georgia election behind us, and the Trump Administration on the way out, the near- to mid-term political landscape is growing clearer: The Biden Administration will be able to cater to its progressive base, now that it rests on majorities – however thin…

China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant

What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26, announcing a sweeping plan for the fintech firm to “rectify” its regulatory violations. The meeting came less than two months after China’s financial authorities abruptly halted…

Oracle is moving its headquarters from Silicon Valley to Austin, Texas

An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019.Tom Brenner | ReutersOracle is the latest tech company to move its headquarters out of California. The company said on Friday it's moving its headquarters from the Silicon Valley to Austin, Texas."Oracle is implementing a more flexible employee work…