Global Markets: Turkish turmoil, rouble woes knock euro, riskier assets
Reuters, 10 August at 09:45
SHANGHAI (Reuters) - Worries over the plunging Turkish lira and Russian rouble pulled the euro lower on Friday and rippled through riskier assets worldwide, sending stock markets lower and buoying safe haven assets such as U.S. Treasuries.
Currencies in focus as Turkish lira plumbs new low
SEC Probes Tesla Over Model 3 Production Disclosures
Wall Street Journal, 17 August at 01:44
Securities regulators began investigating last year whether Tesla Inc. TSLA -0.96% misled investors about its Model 3 car production problems, according to a person familiar with the matter. The Securities and Exchange Commission subpoenaed a parts ...
Coming to a theater near you: Amazon?
TechCrunch, 17 August at 01:33
It looks like Amazon may be gearing up to make more moves in the brick-and-mortar world. Bloomberg reports that the e-commerce behemoth is putting itself in the running to acquire Landmark Theatres, which claims to be the United States' largest chain
Nvidia's Crypto Business Dries Up, Worrying Investors
Wall Street Journal, 17 August at 00:59
Nvidia Corp. NVDA -0.63% reported robust sales and profits during its second quarter, but warned that revenue from products geared toward cryptocurrency mining would be sharply weaker than expected. The chip maker previously anticipated ...
Ohio couple's 'empty nest' photos go viral
Fox News, 17 August at 00:53
In an age of engagement and gender reveal photos, one Springboro, Ohio couple decided to commemorate their second and youngest child departing for college with images celebrating their new “empty nest” status. The photos — which show Vicky Piper ...
Stocks jump as hopes grow for US-China trade talks
Los Angeles Times, 17 August at 00:50
U.S. stocks jumped Thursday as China and the United States said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war. China is to send a trade envoy to Washington this month in a new attempt
FDA Approves Generic EpiPen That May Be Cheaper
New York Times, 17 August at 00:38
The Food and Drug Administration on Thursday approved the first generic version of EpiPen, providing new competition that could help drive down the cost of a lifesaving product that had become a notorious symbol of high drug prices. The generic copy is ...
Nvidia Gives Lackluster Outlook on Cratering Crypto Sales
Bloomberg, 17 August at 00:30
Nvidia Corp., the biggest maker of graphics processors, gave a disappointing forecast and said a greater-than-expected drop in demand for chips used by cryptocurrency miners put a lid on sales growth. Shares fell about 4 percent in extended trading.
EpiPen shortage raises alarm for parents as kids head back to school
Washington Post, 17 August at 00:24
Jim Davis, a parent of an 8-year-old daughter who has a peanut allergy, was startled to learn that his Walgreens pharmacy did not have a single EpiPen available for her and wouldn't have them in stock until well after school began. The family keeps a
First crack at Musk could give top Tesla funds an edge
Reuters, 17 August at 00:23
BOSTON (Reuters) - Information about Elon Musk's efforts to take Tesla Inc (TSLA.O) private is scarce. But some small investors wonder if top funds have an edge. FILE PHOTO: Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in ...
Nvidia forecasts revenue below estimates on weak crypto demand
Reuters, 16 August at 23:53
(Reuters) - Nvidia Corp forecast third-quarter revenue below Wall Street estimates on Thursday, citing drying up demand in its cryptocurrency business, sending its shares down nearly 6 percent in extended trading. NVIDIA computer graphic cards are
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