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Time Warner revenue misses, shares slide
Time Warner Inc, the owner of cable channels CNN and HBO and movie studio Warner Bros, raised its 2016 adjusted profit forecast and set a US$5 billion share buyback program.
Posted on 2-10-2016 at 9:31 AM
Fed Chair flags risks while keeping door open to rate hikes
Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve would need to reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday.
Posted on 2-10-2016 at 1:44 PM
Kevin O’Leary says a Donald Trump presidency will boost U.S. markets
Waking up to Donald Trump as the next president of the United States is something you should consider a real possibility, at least according to Kevin O’Leary, who believes it can happen.
Posted on 2-09-2016 at 4:23 PM
Obama proposes US$4.1 trillion spending plan proposed in final White House budget
In a final White House budget, U.S. President Barack Obama proposed a US$4.1 trillion spending plan for fiscal year 2017, laying out his key priorities of fighting the Islamic State and raising taxes on wealthy Americans and helping the poor.
Posted on 2-09-2016 at 3:34 PM
Coke and Pepsi facing off at the Super Bowl for market share
Coca-Cola Co, PepsiCo and other consumer-facing companies spending big bucks to advertise during Sunday's Super Bowl football extravaganza will be making a play for more market share to offset a slow economy and less overseas revenue.
Posted on 2-05-2016 at 2:02 PM
U.S. job growth slows, unemployment at 8-year low
U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labour market recovery remains firm.
Posted on 2-05-2016 at 8:36 AM
Obama to seek US$10 a barrel tax on oil in budget proposal
U.S. President Barack Obama will launch a long-shot bid next week to impose a US$10-a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday.
Posted on 2-04-2016 at 9:02 PM
Ex-drug executive Shkreli invokes Fifth Amendment before Congress
Former Turing Pharmaceuticals Chief Executive Officer Martin Shkreli invoked his Fifth Amendment right against self-incrimination and declined to answer questions on Thursday from U.S. lawmakers interested in why the company raised the price of a lifesaving medicine by 5,000 percent.
Posted on 2-04-2016 at 10:40 AM

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