Stocks rise after wild tech reboot, yields inch higher Via Reuters: World share markets inched higher on Wednesday after a stunning reboot in U.S. tech stocks, while the dollar and benchmark government yields both ticked up ahead of a key U.S. Treasury auction and inflation reading later. But gains were subdued after Tuesday’s 20% surge in electric car doyen Tesla, 4% jump in the Nasdaq and biggest one-day gain for […]
AmEx CEO does not expect all employees to return to office Via Reuters: American Express Co said on Tuesday not all of its employees would likely return to office. Amex may consider hiring from a larger talent pool in the future from cities where it does not have offices, said Steve Squeri, the U.S. card company’s chief executive officer, at Citi’s Global Property CEO Conference. “I don’t think the work […]
French startup lobby to file privacy complaint against Apple Via Reuters: France Digitale will file a complaint against iPhone maker Apple with data privacy watchdog CNIL on Tuesday over alleged breaches of European Union rules, France’s leading startup lobby said in a statement. In the seven-page complaint seen by Reuters, the lobby, which represents the bulk of France’s digital entrepreneurs and venture capitalists, alleges Apple’s latest operating software, iOS 14, […]
Oil rises to $69 as focus returns to tighter market Oil rose to $69 a barrel on Tuesday as investors focused on prospects for tighter supply due to extended OPEC+ output curbs and amid growing hopes of a recovery in demand. Crude hit its highest since the start of the pandemic on Monday after Yemen’s Houthi forces fired drones and missiles at Saudi oil sites on Sunday. Saudi Arabia said […]
Dollar reigns supreme on yields, recovery advantage Via Reuters: The U.S. dollar held near a 3 1/2-month high against its rivals on Tuesday as higher bond yields and expectations of faster economic normalisation from the pandemic in the United States put the U.S. currency at an advantage. The dollar’s index against six major currencies rose 0.1% to 92.469, its highest since late November, building on its 0.5% gains on Monday. […]
Tesla loses a third of its value for the third time in a year Via Reuters: Tesla Inc’s stock extended losses on Monday and is now down by a third from its January record high, making it the third time in about a year that the electric car maker’s shares have corrected that dramatically. With investors worried about rising interest rates and dumping high-valuation stocks in recent weeks, Tesla’s market […]
Panasonic to buy U.S. software firm Blue Yonder for $6.5 billion: Nikkei Via Reuters: Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday, saying it was the Japanese electronics firm’s biggest acquisition since 2011. While Panasonic bought 20% stakes of Blue Yonder in 2020, it is now in the final stage to acquire the rest from shareholders including Blackstone […]
Germany's Bosch to open automotive chip factory in June Via Reuters: German technology group Bosch said on Monday it would open an automotive chip factory in Dresden in June to build on its leadership in sensor chips that will boost the electric car industry. The 1 billion euro ($1.2 billion) plant will produce sensor chips to be installed in electric and hybrid electric vehicles. The chips help increase the range […]
Disneyland, other California theme parks, stadiums could reopen April 1 Via Reuters: California health officials set new rules on Friday that would allow Disneyland and other theme parks, stadiums and outdoor entertainment venues to reopen as early as April 1, after a closure of nearly a year due to the coronavirus pandemic. But the return of Mickey Mouse to the “Happiest Place on Earth” and live spectators to the California […]
Morning Drive is still the most listened to part of the radio broadcast day and The CRUSADE Channel now gives you an extra 70 minutes of original, Morning Drive, great talk-radio content! Hosted by the now seasoned radio presenter Fiorella Nash (5 Minute Mysteries, The Fiorella Files), The Early Show is a 70 minute long, fast paced conversation with regular guests Joe Clovis of Walsingham U.K., Emmett Dooley of Ireland, Irish born ETWN announcer KV Turley and Sarah Taylor of the U.K.
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