NEW YORK, March 18- The streaming digital sports service ESPN+ will become the exclusive distributor of pay-per-view events for the Ultimate Fighting Championship in the United States, the companies announced on Monday. The events will begin on April 13, almost exactly a year since parent company Walt Disney Co launched ESPN+ to retain viewers as traditional...
March 14- Apple Inc on Thursday launched a television advertising campaign promoting its stance on data privacy, seeking to differentiate itself from tech industry rivals such as Alphabet Inc's Google and Facebook Inc that have become the target of regulatory scrutiny over the issue. TV stations Thursday and run throughout the National Collegiate...
*China shares jump after central bank pledges support. NEW YORK, March 11- Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one of its newest jets crashed, while U.S. debt yields rose on improved risk appetite. U.S. stocks followed strong gains in Europe...
*China shares surge after central bank pledges support. *Oil gains as Saudi minister stands by OPEC cuts. NEW YORK, March 11- Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one of its newest jets crashed, while U.S. debt yields rose on improved risk...
NEW YORK, March 8- The pace of U.S. economic growth may prove to be critical for shares of homebuilders, which have climbed sharply as spring approaches. An easing economy that allows for lower interest rates supports an optimistic outlook for the industry, investors say, but any hints of a sustained downturn could sink shares. Yet a survey from the National...
NEW YORK, March 8- The pace of U.S. economic growth may prove to be critical for shares of homebuilders, which have climbed sharply as spring approaches. An easing economy that allows for lower interest rates supports an optimistic outlook for the industry, investors say, but any hints of a sustained downturn could sink shares. Yet a survey from the National...
March 1- U.S. casino operator Caesars Entertainment Corp has struck a deal with investor Carl Icahn that appoints three new directors to its board, although the billionaire hedge fund manager continues to press for a sale of the company. Caesars said it had appointed Keith Cozza, Courtney Mather and James Nelson to its board effectively immediately.
BOSTON, Feb 26- Nevada casino regulators said on Tuesday they had fined Wynn Resorts Ltd $20 million in a settlement with the company involving misconduct claims against former chief executive Steve Wynn. The casino company, which has operations in Las Vegas and Macau, said the conclusion of the review by the Nevada Gaming Commission was a step forward for the...
The companies will collect data from Exxon's wells and other production assets in the Permian Basin of West Texas and New Mexico, where the world's largest publicly traded oil and gas company holds 1.6 million acres, and make it immediately accessible to Exxon workers. Exxon has pledged to increase its Permian Basin production to 600,000 barrels of oil...
CHICAGO, Feb 21- Jill Schlesinger got her start on Wall Street, and that is where she learned a lot of what she knows about the financial world. But she has built a career dishing out personal finance advice by pulling back the curtain on myths about investing, and showing how average people can make a solid plan for retirement. Schlesinger reports on business for CBS...
SAN FRANCISCO, Feb 8- When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. Some 150 employees out of a team of about 230 were let go in January at the Las Vegas facility that gets tens of thousands of Model 3 s into the hands of U.S. and Canadian buyers, they said, in a sign the company expected the...
*Germany's DAX leads swoon in Europe equities. NEW YORK, Feb 7- Stocks around the world pulled back sharply on Thursday on fears of a global growth slowdown spreading to Europe and renewed worries about any near-term resolution of U.S.- China trade tensions, while the U.S. dollar strengthened for a sixth session. Germany's DAX stock index tumbled 2.7 percent as...
*Trump-Xi unlikely to meet before March 2 trade deadline. Feb 7- U.S. stocks sank over 1 percent to session lows on Thursday on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce, adding to worries about a slowdown in global growth. That came minutes after White House adviser Larry Kudlow told...
LAS VEGAS, Jan 25- Entrepreneur and fashion designer Anna Taylor is trying to bring back the corset-- not to revive Victorian lingerie but to give women a place to carry their handguns. Gun sales have declined since peaking in 2016, with companies like Remington Outdoor Company Inc going through bankruptcy reorganization last year, but the women's share of the...
HOUSTON, Jan 16- Buoyed by concluding a big pay raise for steel workers last month, a United Steelworkers union top negotiator squares off on Wednesday against oil companies seeking to win a 24 percent wage hike for 30,000 refinery and chemical employees. The union's co-negotiator, USW International Vice President Tom Conway, is a 6- foot-tall former Bethlehem...
Jan 15- Shares of British betting companies, which have been pushing into the United States market because of tighter regulations at home, fell after the U.S. Department of Justice called for wider restrictions on all gambling on the internet. The 2011 reading of the federal law, which came into effect in 1961, prohibits certain types of gambling in the United...
LAS VEGAS, Jan 9- Take a glance at the vehicle displays shown at CES and you could be forgiven for thinking you are at the movies. But its super-sized display- supplied by China's BOE Technology Group- is proving an undeniable trend in the automotive world, fueled by the rise of more connected cars. "The screens are the window to the digital world," said Gorden Wagener,...
LAS VEGAS, Jan 9- South Korean oil buyers are expected to restart Iranian oil imports in late January or early February, the head of South Korea's SK Innovation, which owns South Korea's biggest oil refiner SK Energy, said on Wednesday. "As South Korea received a waiver and has been in talks with Iran about the first import volume, it seems could be brought in late in...
Jan 9- Advanced Micro Devices Inc on Wednesday unveiled its next generation smaller and power-efficient computer chip and a graphics processor, aiming at bigger rivals Intel Corp and Nvidia Corp.. Chief Executive Officer Lisa Su, during a keynote address at the ongoing Consumer Electronics Show in Las Vegas, gave a preview of AMD's third-generation Ryzen CPU...
Jan 8- Dutch chipmaker NXP Semiconductors NV said on Tuesday it will team up with French chip firm Kalray SA to craft computers for self-driving cars, in an effort they hope will ease the path to winning future approval of their computers from safety regulators. NXP has long supplied chips to the automotive market and boasts deep ties in that industry, one reason...
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