Business – Page 45 – PressClub World

5. 8. 2019 No Responses

Elixxir: Privacy Preserving Technology vs. Legislation

Dr. David Chaum – inventor of eCash and founder of DigiCash in 90’s and now CEO of project Elixxir, blogged about Privacy Preserving Technology vs. Legislation. After last spying Apple’s faux pas and spending decades focused on the intersection of consumer...

1. 8. 2019 No Responses

Verizon Q2 profit beats estimates, CEO thinks half of the US will have access to 5G next year

Verizon Communications (VZ) posted better-than-expected second-quarter results on Thursday, with profit boosted by strong wireless subscriber growth as the company ramps up its implementation of next generation, high-speed connectivity. Here are the numbers: E...

31. 7. 2019 No Responses

GE Posts Quarterly Loss

General Electric Co. reported a second-quarter loss and flat sales, but said it was making progress in restructuring its long-struggling and hopeless Power division and raised its full-year financial projections. GE also said its CFO Jamie Miller, will be leav...

29. 7. 2019 No Responses

Mylan to merge with Pfizer’s Upjohn

Pfizer will combine its off-patent drug business with Mylan. Pfizer shareholders would own 57% of the new company and Mylan’s shareholders would get 43%. The combined company, which will sell Mylan’s EpiPen and Pfizer’s Viagra, will be domiciled in the.....

24. 7. 2019 No Responses

Boeing Q2 Revenue Plunges, Missing By $5 Billion

With the storm clouds over the grounded 737 MAX gathering patiently for the past 5 months, it was only a matter of time before the torrential downpour arrived, which it did just before 730am, when Boeing reported shocking numbers, with...

23. 7. 2019 No Responses

Harley-Davidson second-quarter profit falls 20%

H-D’s motorcycle revenue missed estimates $1.43 billion, versus $1.44 billion expected by analysts. The company reports $195.6 million in net income during the second quarter, versus $242.3 million a year earlier, a nearly 20% drop. H-D’s second-quarte...

22. 7. 2019 No Responses

Boeing 737 Max Grounding Charges to Reach $8 Billion

The financial fallout from the troubled 737 Max jetliner continues to swell for Boeing, which on Thursday announced $7.3 billion in costs that will hit its bottom line. The price tag could still climb. The Max has been grounded for...

21. 7. 2019 No Responses

Chevrolet Corvette C8 Stingray – No Manual Transmission

Chevrolet has launched the mid-engine 2020 Corvette C8 Stingray. There were a lot of leaks prior to the launch, but that did not deter the aura of the whole event. The C8 Stingray debuted in California at a standalone event,...

18. 7. 2019 No Responses

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss about who actually controls the Libra currency. Rep. Alexandria Ocasio-Cortez and the Facebook exec David Marcus had an enlightening exchange on Wednesday during a hearing with lawmake...

17. 7. 2019 No Responses

Now Even Junk Bonds Have Negative Yields

75 years ago this month, a group of 744 delegates from around the world gathered at the very posh Mount Washington Hotel in New Hampshire to build a brand new global financial system. The year was 1944. World War II...

16. 7. 2019 No Responses

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...

15. 7. 2019 No Responses

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...

13. 7. 2019 No Responses

DHL: Significant Downturn in World Trade

A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported...

11. 7. 2019 No Responses

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...

6. 7. 2019 No Responses

Scientists: Bladder cancer destroyed by the common cold virus

A strain of the common cold has successfully targeted and destroyed bladder cancer cells, an exciting study has revealed. The surprising results suggest the simple cold could revolutionize future cancer treatment. Scientists from the University of Surrey and R...

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