Business

North and South Korean leaders meet again

North and South Korean leaders meet again

Protesters hold candle lights during a rally to denounce the United States' policies against North Korea near the US embassy in Seoul , South Korea, Friday, May 25, 2018. Once he arrived, he shook hands with Kim Yo Jong and walked down a red carpet as members of the North Korean military saluted. The Blue House, South Korea's Presidential Office, said the two leaders held talks for two hours in the truce village of Panmunjom, where they had met last month and made a declaration vowing to ...


Oil drops as Saudis signal likely supply boost

Oil drops as Saudis signal likely supply boost

The Middle East dominated Organization of the Petroleum Exporting Countries (OPEC) as well as a group of non-OPEC producers led by Russian Federation started withholding output in 2017 to tighten the market and prop up prices. Next year, higher OPEC/Russian production, stronger USA onshore growth and slightly weaker global demand "will lead to a better supplied market; moderate global stock builds are forecast for 2019", which should exert downward pressure on prices next year.


Trump strikes deal with Xi over sanctions imposed on ZTE

Trump strikes deal with Xi over sanctions imposed on ZTE

Under the new proposals , ZTE could be fined $1.3 billion and forced to place United States compliance officers on... ZTE was banned by the Commerce Department from buying tech components after it violated US sanctions by selling equipment to North Korea and Iran .


UAW accuses Musk of threatening Tesla workers over unionization

UAW accuses Musk of threatening Tesla workers over unionization

He even said he would start a website that would rate the credibility of journalists and their editors. 'Problem is journos are under constant pressure to get max clicks & earn advertising dollars or get fired, ' Musk added. In recent weeks, Tesla has faced a stream of departures by high executives as Model 3 production has fallen behind schedule, and Musk's odd Twitter persona has not reassured Wall Street analysts that things are getting better at Tesla.


Netflix surpasses Disney as world's most valuable media company

Netflix surpasses Disney as world's most valuable media company

Shares of the video streaming service rose as much as 2 percent to $351.48 in NY, and the company's market cap topped $152 billion, exceeding the value of Disney, which was down 1.6 percent, according to data compiled by Bloomberg. The Los Gatos, Calif. -based streaming company is spending billions on programming to attract new viewers, prompting concerns among some analysts. Up 82 per cent in 2018, Netflix is the top performing stock in the S&P 500 and has led the index three of the past ...


Trump Calls Dodd-Frank Rollback An 'Unprecedented Economic Comeback'

Trump Calls Dodd-Frank Rollback An 'Unprecedented Economic Comeback'

Heidi Heitkamp of North Dakota, among the 16 Democrats who voted for the legislation when it passed the Senate in March. President Donald Trump is one step from checking off another campaign promise, this time an overhaul of the landmark Dodd-Frank bill that grew out of the 2008 financial collapse.