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Major retailers targeted by University of California in lawsuits

Five major retailers, including Amazon.com Inc and Walmart Inc, were targeted in lawsuits filed on Tuesday by the University of California over what it called the "existential threat" posed by foreign manufacturers that infringe schools' patents.



6 years ago

Innovative new law opens Guernsey up to Artifical Intelligence

Ogier | Andrew Munro | July 18, 2019 The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas

6 years ago

Moderate U.S. consumer spending, inflation back Fed rate cut

U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade.



6 years ago

Amazon, Walmart, Ikea targeted in Univ. of California light bulb lawsuits

Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.



6 years ago

Stocks off on Trump's warning to China; sterling falls further

A gauge of global stock markets fell on Tuesday as the latest round of U.S.-China trade talks began amid a threat from President Donald Trump, while concerns over a no-deal Brexit continued to drag the British currency lower.



6 years ago

How much you'll need to invest each month to retire with a million dollars at age 20, 30 and beyond

Want to retire a millionaire? How much you'll need to save each month, using investments that earn six percent annual returns, greatly depends on your age. Whether you're 20 or 50, here's how to do it.

6 years ago

U.S. could decide on licenses for companies to sell to Huawei by next week - Ross

The Trump administration could respond by next week to companies that have requested special licenses to sell to Chinese telecoms giant Huawei Technologies Co Ltd, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil.



6 years ago

Amazon, Walmart, Ikea targeted in University of California light bulb lawsuits

Five major retailers, including Amazon.com Inc and Walmart Inc , were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.



6 years ago

FAA hopes global regulators simultaneously approve Boeing 737 MAX to fly again

The U.S. Federal Aviation Administration hopes civil aviation authorities around the world will decide at about the same time to allow the Boeing 737 MAX to resume flying, the agency told Congress on Tuesday in a letter seen by Reuters.



6 years ago

Wall Street drops on new trade worries, Fed; Apple eyed

U.S. stocks slipped on Tuesday after a warning from President Donald Trump to China pressured technology shares, while investors looked to an expected interest rate cut at the conclusion of the Federal Reserve's monetary policy meeting.



6 years ago

CFP Board vows stepped up oversight of financial advisors after complaints of lax review

Shopping for an advisor? The Certified Financial Planner Board of Standards is changing its processes to help curtail financial advisors with bad track records.

6 years ago

Stocks slip on Trump's warning to China; sterling's slump carries on

A gauge of global stock markets fell on Tuesday as the latest round of U.S.-China trade talks began with a threat from President Donald Trump, while concerns over a no-deal Brexit continued to drag the British currency lower.



6 years ago

Tech pulls Wall Street lower on Trump trade warning

Wall Street lost ground on Tuesday after a warning from President Donald Trump to China amid ongoing trade negotiations pressured technology shares, while investors looked to an expected Federal Reserve interest rate cut at the conclusion of its monetary policy meeting.



6 years ago

Pence says clock ticking on USMCA, but Democrats won't be rushed

U.S. Vice President Mike Pence on Tuesday said that a new U.S.-Mexico-Canada trade deal needs to be approved without delay, but Democrats and organized labor said certain provisions must first be improved.



6 years ago

Capital One customer data breach rattles investors

Capital One Financial Corp's assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank's shares closing down 5.9%.



6 years ago