Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Stocks in Asia traded lower on Thursday morning. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
The company blamed its Q2 content slate and price increases for the subscriber miss.Technologyread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
See which stocks are posting big moves after the bell on July 17.Market Insiderread more
"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.Mad Money with Jim Cramerread more
June 27 (Reuters) - Real estate developer Howard Hughes Corp has hired Centerview Partners to explore strategic alternatives that include a sale of the company, CNBC reported https://www.cnbc.com/2019/06/27/david-faber-howard-hughes-corp-hires-centerview- t o - e x p l o r e - s a l e . h t m l on Monday, citing people familiar with the matter.
Shares of the company surged nearly 23% on the news.
It is not clear whether the company is well suited to the public markets as it has diverse assets that does not lend itself to the recurring and predictable cash flows real estate investors may be looking for, said the report, citing sources familiar with the board's thinking.
The stock's poor performance led management and the board to explore a sale, according to the report. Bankers are also exploring joint ventures or spinoffs as part of their mandate, the report said.
The company was not immediately available for a comment.
(Reporting by Nivedita Balu in Bengaluru; Editing by James Emmanuel)