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Snap shares plunge after Apple's data collection rules hit ad revenue forecast
Tumbled as much as 27% after the owner of the Snapchat app warned that changes to Apple Inc. s data collection rules and global supply chain issues are weighing on advertising spending, tempering its earnings forecast for the fourth quarter. - Snap Inc. shares tumbled as much as 27% after the owner of the Snapchat app warned that changes to Apple Inc. s data collection rules and global supply chain issues are weighing on advertising spending, tempering its earnings forecast for the fourth quarter...
Updated: 10/21/2021
Regulators warn of potential ructions in final stretch of Libor transition
Financing Rate, the preferred replacement for Libor, raises concerns about potential ructions in the final stretch of the transition. - The drop in the Secured Overnight Financing Rate, the preferred replacement for Libor, raises concerns about potential ructions in the final stretch of the transition. None of Google s Biggest Moonshot Is Its Search for a Carbon-Free Future? None Beef Industry Tries to Erase Its Emissions With Fuzzy Methane Math. With a little more than two months until market...
Updated: 10/21/2021
U.S. condemns China for human rights violations
A group of 43 countries criticised China s human rights record at the United Nations on Thursday, criticizing Beijing for its detention of Uyghurs in the western region of Xinjiang. A group of 43 countries criticised China s human rights record at the United Nations on Thursday, criticizing Beijing for its detention of Uyghurs in the western region of Xinjiang . None of Google s Biggest Moonshot Is Its Search for a Carbon-Free Future? None Beef Industry Tries to Erase Its Emissions With Fuzzy...
Updated: 10/21/2021
Intel shares drop 6% amid fears of cost of turnaround
Intel Corp. the world s largest chipmaker, gave a lackluster forecast for the current period, fueling concerns that the cost of Chief Executive Officer Pat Gelsinger s turnaround will weigh on the company s profits. - Intel Corp. the world s largest chipmaker, gave a lackluster forecast for the current period, fueling concerns that the cost of Chief Executive Officer Pat Gelsinger s turnaround will weigh on the company s profits. Shares fell about 6% in extended trading. Revenue in the quarter...
Updated: 10/21/2021
Brazil's Carwash probe: Glencore's unit allegedly paid for fuel oil contracts
Brazil s years-long Carwash probe into payoffs to secure business with Petroleo Brasileiro SA in the early 2010 s revealed how a unit of commodities-trading giant Glencore Plc secured maritime fuel supply contracts. Brazil s years-long Carwash probe into payoffs to secure business with Petroleo Brasileiro SA in the early 2010 s revealed how a unit of commodities-trading giant Glencore Plc secured maritime fuel supply contracts. None of Google s Biggest Moonshot Is Its Search for a Carbon-Free...
Updated: 10/21/2021
Investors are rushing back into U.S. junk bonds
Investors are rushing back into U.S. junk bonds with funds that buy the risky debt seeing the biggest inflows since April. Investors are rushing back into U.S. junk bonds with funds that buy the risky debt seeing the biggest inflows since April. None of Google s Biggest Moonshot Is Its Search for a Carbon-Free Future? None Beef Industry Tries to Erase Its Emissions With Fuzzy Methane Math. The funds received $2.3 billion of cash in the week ended Oct. 20, the biggest influx since the week ended...
Updated: 10/21/2021
Brazil stocks plunge as spending cuts take effect ahead of presidential election
Brazil assets tumbled on Thursday as prospects the government will bypass fiscal rules and signs of further spending ahead of next year s fiscal trajectory. - Brazilian assets tumbled on Thursday as prospects the government will bypass fiscal rules and signs of further spending ahead of next year s election boosted concern over the nation s fiscal trajectory. None of Google s Biggest Moonshot Is Its Search for a Carbon-Free Future? None Beef Industry Tries to Erase Its Emissions With Fuzzy Methane...
Updated: 10/21/2021
Vita Coco s shares fall in opening day of its IPO
Looking Celebrity-backed coconut beverage maker Vita Coco Co. fell in its trading debut while hot dog and hamburger restaurant chain Portillo s Inc. fared better in its opening trades as well as its initial public offering. - Celebrity-backed coconut beverage maker Vita Coco Co. fell in its trading debut while hot dog and hamburger restaurant chain Portillo s Inc. fared better in its opening trades as well as its initial public offering. None of Google s Biggest Moonshot Is Its Search for a Carbon-Free...
Updated: 10/21/2021
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