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FAANG Group Post Mixed Earnings Reports

The latest earnings reports for members of the Faang group of tech giants — Facebook, Amazon, Apple, Netflix and Google — are making what has been a winning trade for investors look more complex. Amazon blew past Wall Street forecasts on Thursday as its diversification into higher-margin cloud computing and the dominance of its online […]

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Cristiano Ronaldo Taking A Pay Cut With Move To Juventus.

Cristiano Ronaldo is leaving Real Madrid, after nine years, for the global soccer giant Italian Serie A club Juventus. And he’s reportedly taking a pay cut. Ronaldo has accepted a deal worth at least $340 million over four years, according to Forbes sources. The tally includes a $140 million or €120 million, transfer fee owed […]

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Oil Falls Below US$74 A Barrel Amid Raised Stakes In Trade War

The price of oil fell below US$74 a barrel this week, after U.S. President Donald Trump raised the stakes in the trade war against China with the biggest list yet of goods it may hit with higher tariffs. Futures in New York fell as much as 1.3 percent after the Trump administration unveiled a list […]

Meet 7-Year-Old Ryan The Highest-Paid Youtube Star Earning $22 Million In 12 Months

Musk and Tesla Have Been Busy Shaking Up The Auto Industry

While traditional carmakers worry about trade wars, Tesla Inc. has been busy shaking up the auto industry in a different way. The company built more than 5,000 Model 3 sedans in the last week of the second quarter, finally exceeding a long-sought production target critical for Elon Musk’s goal of bringing electric cars to the […]

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Amazon’s Long-Awaited Invasion Of The Pharmacy Business Has Begun.

Amazon today said it was buying mail-order drug-seller PillPack for an undisclosed sum, ending many months of speculation and anxiety in the health-care business that Amazon, Destroyer of Industries, was coming for drugstores next. Turns out it is! Shares of pharmacies and pharmacy benefit managers Rite Aid Corp., CVS Health Corp. and Express Scripts Holding […]

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India Hits Back at U.S. Tariffs with New Import Duties On a Slew of Items from Agricultural Produce to Chemicals and Steel Products.

India became the latest country to hit back at U.S. tariffs when it announced new import duties on a slew of items from agricultural produce to chemicals and steel products. China said that it is “fully prepared” to respond to fresh U.S. trade measures, with a spokesman saying Beijing is prepared to use a combination […]

Meet 7-Year-Old Ryan The Highest-Paid Youtube Star Earning $22 Million In 12 Months

Big Retailers Betting On India’s Online Grocery Market

Flipkart, Amazon, Grofers, Walmart and dozens of other companies both local and global are fighting for pieces of India’s grocery delivery industry. Dominant players could make billions in this huge market, but transportation, storage and other logistical obstacles mean that not even the giants of commerce are guaranteed success. (Nikkei Asian Review)

Meet 7-Year-Old Ryan The Highest-Paid Youtube Star Earning $22 Million In 12 Months

Merkel And Macron Sign Agreement To Strengthen The Euro Area

German Chancellor Angela Merkel and French President Emmanuel Macron came to an agreement on how to move forward with strengthening the euro area, citing a common regional budget, a more robust European Stability Mechanism, and a shared approach to immigration. The leaders want to make it easier to restructure sovereign debt, while also putting pressure […]

Meet 7-Year-Old Ryan The Highest-Paid Youtube Star Earning $22 Million In 12 Months

Google To invest $550 million in Chinese e-commerce site JD.com

Google is investing $550 million in cash in China’s JD.com as the U.S. search giant pushes deeper into online commerce. The pair say they plan to explore joint development of retail solutions in regions, including Southeast Asia, the U.S. and Europe. The deal comes just a week after Google struck an alliance with Carrefour to […]

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Comcast Launches $65bn Takeover Bid For Twenty-First Century Fox

Comcast formally launched a $65bn takeover bid for some of the marquee assets of Twenty-First Century Fox overnight, gatecrashing a deal billionaire Rupert Murdoch had already agreed with Walt Disney and setting the stage for a bidding war. The long-awaited move by Comcast, which had said it was prepared to top a $52bn stock bid […]

Meet 7-Year-Old Ryan The Highest-Paid Youtube Star Earning $22 Million In 12 Months