Expect a rally if there is good news from retail giants and China

Expect a rally if there is good news from retail giants and China

CNBC’s Jim Cramer said on Tuesday that investors should pay attention to the earnings of traders and news about Covid from China as indicators of how the trading session will take place on Wednesday. If we get more good news from China tonight, “along with nice coins from Target and Love” we will have another … Read more

Russia needs cars, so it is re-launching this Soviet-era brand

Russia needs cars, so it is re-launching this Soviet-era brand

CNN – After Renault announced its departure from the Russian car market this week in the middle of the war with Ukraine, the mayor of Moscow announced that his factory would be used to restart the Moskvich car brand from the Soviet era. Little known outside the former Soviet Union and its satellite countries, Moskvich … Read more

Apple is slowing down the return to the office plan, will allow employees to stay away and demand masks in common areas

Apple is slowing down the return to the office plan, will allow employees to stay away and demand masks in common areas

Apple is delaying progress in a hybrid return to work for office workers, citing a memorandum seen by The Verge and (previously reported Bloomberg) to “extend the phasing-in period and maintain two days a week in the office for now.” In a letter, the company’s COVID-19 response team says its updates are based on tracking … Read more

Netflix is ​​laying off 150 employees, including dozens from its Tudum fan site

Netflix is ​​laying off 150 employees, including dozens from its Tudum fan site

Netflix is ​​laying off about 150 employees and associates after a disappointing earnings report, citing a “slowdown in revenue growth”, as the first reported Diversity. Says a source familiar with the situation The Verge The layoffs include at least 26 staff members working on the Tudum fan-focused website, which complements Netflix content. Prior to this … Read more

Wall Street ends sharply more, spurred on by Apple

Wall Street ends sharply more, spurred on by Apple

Walmart falls after lowering the earnings forecast April retail sales are growing in line with estimates S&P 500 + 2.02%, Nasdaq + 2.76%, Dov + 1.34% May 17 (Reuters) – Wall Street ended a sharp rise on Tuesday, lifting shares of Apple, Tesla and other megacap stocks after strong retail sales in April eased concerns … Read more

The Alliance branch agrees to plead guilty to a $ 7 billion investment implosion.

The Alliance branch agrees to plead guilty to a $ 7 billion investment implosion.

Even so, authorities say, the investment firm’s oversight was too weak to catch the problem before it was too late: the company’s controls were riddled with holes that made them inadequate to control managers’ trading. After the funds fell apart, investigators said, the cover-up began. G. Greval said when Bond-Nelson was confronted by members of … Read more