Breaking: Black Business Review brings you the latest business news, . Breaking: Adedayo Amzat Leads Zedcrest Group’s Acquisition of Leatherback... Breaking: Viola Davis and Julius Tennon Invest $1.2 Million... Breaking: Suzanne Shank: The $2 Trillion Wall Street... Breaking: Black Business Review brings you the latest business news, . Breaking: Adedayo Amzat Leads Zedcrest Group’s Acquisition of Leatherback... Breaking: Viola Davis and Julius Tennon Invest $1.2 Million... Breaking: Suzanne Shank: The $2 Trillion Wall Street...

Alexis

Delta Air Lines happy with pilot contract rules for regional flights: CEO

MONTREAL (Reuters) – Delta Air Lines (DAL.N) Chief Executive Ed Bastian said on Friday he was satisfied with pilot contract language governing the outsourcing of regional flights and does not see it becoming an issue during upcoming negotiations. FILE PHOTO: Ed Bastian, CEO of Delta Airlines at the 2016 International Air Transport Association (IATA) Annual

Delta Air Lines happy with pilot contract rules for regional flights: CEO Read More »

Hog industry worldwide getting slaughtered in trade war

BEIJING/CHICAGO/CARAMBEI, Brazil (Reuters) – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. Pigs are seen standing in a pen at a farm in Carambei, Brazil September 6, 2018. Picture taken September 6, 2018. REUTERS/Rodolfo Buhrer His company, The Machhoffs,

Hog industry worldwide getting slaughtered in trade war Read More »

S&P 500 ends at lowest since May as tech, internet stocks tumble

NEW YORK (Reuters) – The S&P 500 ended at its lowest level since early May on Friday and flirted with correction territory after technology and internet shares sold off further, capping another volatile week for U.S. stocks. During the session, the benchmark S&P 500 fell more than 10 percent from its Sept. 20 record closing

S&P 500 ends at lowest since May as tech, internet stocks tumble Read More »

Global oil pricing worries hit U.S. energy shares as earnings loom

NEW YORK (Reuters) – Worries over global oil pricing and pipeline constraints are hanging over the energy sector as U.S. companies begin to report quarterly results, with many producers’ shares trading lower on the year. Crude oil is dispensed into a bottle in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration Third-quarter profits for oil

Global oil pricing worries hit U.S. energy shares as earnings loom Read More »

Equities’ slide sends bonds higher, dents greenback

NEW YORK (Reuters) – Stock markets around the world tumbled on Friday while U.S. Treasury prices rose along with demand for safer bets as better-than-expected U.S. economic data did little to ease anxiety over disappointing corporate profits and trade wars. Wall Street closed above its session lows, but earnings reports from Amazon.com and Alphabet, issued

Equities’ slide sends bonds higher, dents greenback Read More »

Weak Amazon, Alphabet results ignite growth worries

(Reuters) – Shares of Amazon.com Inc (AMZN.O) dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street’s tech darlings are finally starting to face stronger competition. The third-quarter results were the second time running that billionaire Jeff Bezos’ firm had fallen short

Weak Amazon, Alphabet results ignite growth worries Read More »

‘Fortnite’ creator Epic Games raises $1.25 bln from KKR, others

The Fortnite logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 25, 2018. REUTERS/Benoit Tessier (Reuters) – Epic Games, the creator of video game sensation “Fortnite”, said on Friday it received $1.25 billion in funding from investors, including KKR & Co Inc (KKR.N), Iconiq Capital

‘Fortnite’ creator Epic Games raises $1.25 bln from KKR, others Read More »

California will not enforce state net neutrality law pending appeal

WASHINGTON (Reuters) – The state of California on Friday agreed not to enforce its own state net neutrality law until a final court decision on the Trump administration’s decision to overturn the 2015 Obama-era open internet rules. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington

California will not enforce state net neutrality law pending appeal Read More »

Blockchain startup hires away Google’s messaging tech leader

SAN FRANCISCO (Reuters) – Blockchain technology startup Ripple Labs Inc confirmed to Reuters on Friday that it hired Amir Sarhangi, who had been leading Google’s rollout of a new wireless messaging system, as vice president of products. San Francisco-based Ripple, which is among the most well known startups trying to capitalize on the technology that

Blockchain startup hires away Google’s messaging tech leader Read More »