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Microsoft Approves $40 Bln Share Repurchase Program

Microsoft Approves $40 Bln Share Repurchase Program

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Shares of Microsoft climbed as much as 2.8% to an intraday record high on Thursday after rolling out a $4...

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Burger King, McDonald’s rethink giving away plastic toys

Burger King, McDonald’s rethink giving away plastic toys

CNN reports that McDonald's will also reduce its plastic use by testing a program in select United Kingdom stores next month that will allow customers to swap out their plastic toy for a piece of frui...

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United Kingdom government urged to help save Thomas Cook holiday firm

United Kingdom government urged to help save Thomas Cook holiday firm

Travel and leisure firm Thomas Cook India on Saturday said it is not related with UK-based Thomas Cook PLC which is struggling to stave off a financial collapse. "All viable options must be explo...

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RBS picks first woman to lead major United Kingdom bank

RBS picks first woman to lead major United Kingdom bank

Several other analysts also recently weighed in on the company. Goldman Sachs Group decreased their target price on Lloyds Banking Group from GBX 67 ($0.88) to GBX 61 ($0.80) and set a "neutral" rat...

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Google goes green; makes biggest corporate purchase of renewable energy - ET BrandEquity

Google goes green; makes biggest corporate purchase of renewable energy - ET BrandEquity

It noted that last year was the first since 2001 that growth in renewable power capacity failed to accelerate year on year, largely due to a change in Chinese government policy. But the company has ...

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Stripe Raises $250M in Funding At Pre-Money Valuation of $35 Billion

Stripe Raises $250M in Funding At Pre-Money Valuation of $35 Billion

If we get it right, we can help the internet fulfil its potential as an engine for global economic progress". Stripe is part of a broader trend of companies waiting longer to go public, in part be...

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Impossible Burger to sell in grocery stores at select locations

Impossible Burger to sell in grocery stores at select locations

PST on September 20 while supplies last. The Impossible Burger will be sold in its uncooked form, and a 12-oz package will cost $8.99. To celebrate the launch, Impossible Foods is hosting events i...

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Global Climate Strike Scenes from Across the World

Global Climate Strike Scenes from Across the World

A second strike is planned for September 27. Amazon chief Jeff Bezos pledged Thursday to make the U.S. tech giant carbon neutral by 2040 and encouraged other firms to do likewise. GMA: Do you feel lik...

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Citi joins Australia's major banks predicting October cash rate cut

Citi joins Australia's major banks predicting October cash rate cut

Just an hour prior to the release, Treasurer Josh Frydenberg announced an improved budget deficit of just A$690 million in the fiscal year that ended June 30. Rising unemployment a negative for wages ...

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Facebook suspends tens of thousands of apps following Cambridge Analytica scandal

Facebook suspends tens of thousands of apps following Cambridge Analytica scandal

The FTC privacy probe was triggered previous year by allegations that Facebook violated a 2012 consent decree and inappropriately shared information of 87 million users with British political consul...

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Huge losses: Mitsubishi Corp unit loses $320 mn in unauthorised trades

Huge losses: Mitsubishi Corp unit loses $320 mn in unauthorised trades

The unit has closed the positions and Mitsubishi is still assessing if the trades will impact its earnings. PDS fired the employee two days ago and lodged a complaint with police on Thursday, Mitsub...

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Trump Excludes 400 Chinese Goods From Tariffs - capitalwatch.com - via

Trump Excludes 400 Chinese Goods From Tariffs - capitalwatch.com - via

USA and Chinese negotiators are holding two days of talks in Washington focused on laying a groundwork for high-level talks in early October. President Donald Trump says he doesn't feel he needs to ...

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Houthi leader says Yemeni rebels will stop attacks on Saudi Arabia

Houthi leader says Yemeni rebels will stop attacks on Saudi Arabia

President Donald Trump said the USA imposed sanctions on Iran's central bank in retaliation for last weekend's attacks on Saudi Arabia's key oil facilities. Yemen's Houthi rebels have claimed res...

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New York Fed examines banks' role in repo market drama - FT

New York Fed examines banks' role in repo market drama - FT

The repurchasing rate is the amount borrowers like banks and hedge funds pay for short-term funds in return for highly rated collateral. While there was similar turbulence in the so-called repo market...

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BoE keeps interest rate at 0.75 percent

BoE keeps interest rate at 0.75 percent

It noted also that "shifting expectations about the potential timing and nature of Brexit have continued to generate heightened volatility in United Kingdom asset prices, in particular the sterling ex...

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India Inc hails tax cuts, says move will boost investments, spur demand

Shah also said rationalisation of corporate tax had been a long pending demand which has now become a reality, adding that this move will make the corporates globally competitive. Another problem is...

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Reasons Why the Saudi Oil Attacks Won’t Lead to War with Iran

There were at least 18 direct hits on 11 of the spherical structures, five column stabilizers and two small processing facilities, they said. Trump said that his administration was working with S...

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American Airlines accused of cancelling flight over concerns about Muslim passengers

American Airlines accused of cancelling flight over concerns about Muslim passengers

Two Muslim men said that their American Airlines flight was cancelled and they were harassed by law-enforcement because the flight's crew "didn't feel comfortable" after they waved hello to each other...

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DLLR: Unemployment rate remained steady in August

DLLR: Unemployment rate remained steady in August

That saw trend employment increased by 300,000 people in the year to August, a rise of 2,5% which is still well above the 2.0% long term rate over the last 20 or so years. But new jobs were added and ...

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CannTrust says certain licences suspended by Health Canada over ‘non-compliance’

CannTrust says certain licences suspended by Health Canada over ‘non-compliance’

The Health Canada notification suggests that CannTrust could address public health and safety risks by doing the following: Ensuring its cannabis is produced and distributed only as licensed, incl...

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Sick, 7 Dead from Mysterious Vaping Illnesses

Sick, 7 Dead from Mysterious Vaping Illnesses

He began experiencing trouble breathing which gradually got worse before he was taken to hospital in St Louis on August 22, where he died on Thursday. All patients have reported using either an electr...

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Friday Blockbuster From FM; Rs 1.45 Lakh Crore Package Is A Bazooka

Friday Blockbuster From FM; Rs 1.45 Lakh Crore Package Is A Bazooka

This is a huge step in boosting the overall profitability of corporate India . India's reduction in the corporate tax rate to among Asia's lowest was welcomed by investors as a boon that may help s...

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U.S. weekly jobless claims rise less than expected

U.S. weekly jobless claims rise less than expected

The report said initial jobless claims inched up to 208,000, an increase of 2,000 from the previous week's revised level of 206,000. Economists polled by Reuters had forecast claims increasing to 21...

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Photos Show How Attack Crippled Saudi Arabia’s Oil Output

Photos Show How Attack Crippled Saudi Arabia’s Oil Output

Sarea said Saudi Arabia should stop its "aggression and blockade on Yemen". "This attack has material implications for the oil market", said Alan Gelder, VP for refining, chemicals and oil marke...

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Inflation Slows in August

Inflation Slows in August

Among manufacturers, the cost of raw materials - many of them imported - was 0.8% lower than in August 2018, compared with a 0.9% increase in July, pushed down by lower oil prices. But underlying infl...

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Why Has China Detained A Former US Air Force Pilot?

Why Has China Detained A Former US Air Force Pilot?

While FedEx didn't provide details, a Wall Street Journal report earlier cited people familiar with the matter as saying Chinese authorities have started a criminal probe on the former U.S. China'...

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Pompeo says US backs Saudi Arabia's 'right to defend itself'

Pompeo says US backs Saudi Arabia's 'right to defend itself'

A Number 10 spokesman said: "The Prime Minister spoke to President Trump this afternoon following Saturday's attacks on the Aramco oil facilities in Saudi Arabia ". "If you want a war, come to Congre...

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We cannot accept parallel currencies such as Facebook's Libra: German Finance Minister

We cannot accept parallel currencies such as Facebook's Libra: German Finance Minister

On Tuesday, ECB board member Francois Villeroy de Galhau said stable coins like Facebook's Libra highlighted gaps in rules and the media giant's payments project faced a tough regulatory approac...

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Peterborough’s Thomas Cook ‘needs £200 million to survive weekend’

Peterborough’s Thomas Cook ‘needs £200 million to survive weekend’

Thomas Cook succeeded with a court application on Monday to delay a creditors' vote over the terms of a £900 million rescue funding injection until next week, however now the demand has raised this fi...

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Delta flight makes emergency landing in Fla. after plunging 30,000 feet

Delta flight makes emergency landing in Fla. after plunging 30,000 feet

A Delta Air Lines flight headed for Fort Lauderdale, Fla., was diverted on Wednesday due to a "cabin pressurization irregularity" that reportedly forced pilots to make a quick, controlled descent, D...

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