US / Canada – Page 6 – PressClub World

19. 12. 2019 No Responses

Goldman Sachs To Admit Guilt, Pay $2 Billion Fine In 1MDB Scandal Settlement

Goldman To Admit Guilt, Pay $2BN Fine And Hire Independent Monitor In Historic 1MDB Settlement. Two weeks ago, Bloomberg reported that Goldman Sachs and the Department of Justice were finally nearing a deal in the federal probe of the Vampire Squid’s role...

18. 12. 2019 No Responses

Is the FED’s $3 Trillion in Loans to Trading Houses on Wall Street Legal?

The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which...

9. 12. 2019 No Responses

The FED Is Monetizing Debt Again

It was back in 2012 that famed contrarian and value investing hedge fund icon, David Einhorn, first took aim at the pinnacle of market manipulation when he slammed the Fed for creating the ultimate toxic cocktail: something he called the...

3. 12. 2019 No Responses

Huawei’s phones and networking equipment are now “American-free”

According to a report from UBS and Fomalhaut Techno Solutions cited by the Wall Street Journal, the Huawei Mate 30 Pro flagship phone contains no American made parts. That isn’t surprising since the manufacturer is banned from its U.S. supply chain by...

2. 12. 2019 No Responses

Federal Reserve Proposes New Rule To Let Inflation Run Hot

Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation. It has now considered launching a new rule that would let inflation run above its 2% target to...

25. 11. 2019 No Responses

French luxury giant LVMH buys iconic American jeweler Tiffany for over $16 Billion

The world’s leading luxury group LVMH has agreed to buy a 182-year-old US jeweler Tiffany & Co. for $135 per share in cash. The $16.2 billion deal will become the largest luxury-goods deal ever. “The acquisition of Tiffany will strengthen...

23. 11. 2019 No Responses

‘Delete WhatsApp unless you’re OK with surveillance,’ founder of rival Telegram messenger warns

WhatsApp is a “Trojan horse” exploited to snoop on millions of users naive enough to believe that the Facebook-owned messenger differs from its parent company, long beset by privacy scandals, Telegram founder Pavel Durov said. In a lengthy post on...

22. 11. 2019 No Responses

Bridgewater Bets $1.5 Billion That Market Will Crash By March

At the beginning of 2018, Ray Dalio said during one of his annual speeches at Davos that investors would feel “pretty stupid” if they were holding cash. Over the following 11 months, one of the biggest market blowups since the...

21. 11. 2019 No Responses

Corruption-Ridden UAW President Gary Jones Resigns

Corruption-Ridden UAW President Gary Jones Resigns After Union Moves To Expel Him From Office. Just weeks after the UAW struck a deal with General Motors, ending one of the longest labor strikes in history, the union’s corrpution-ridden President, Gary...

19. 11. 2019 No Responses

Hydrogen Truckmaker NIKOLA Claims It Has Breakthrough Hydrogen Battery Tech

Vaporware company NIKOLA Motor, the Phoenix-based startup that wants to disrupt trucking with futuristic electric semis powered by hydrogen, says it’s developed a new type of battery cell with double the energy density, only 40% of the weight and half...

1. 11. 2019 No Responses

Exxon Mobil earnings drop 49% in the third quarter

Exxon Mobil reported a 49% decline in third-quarter earnings on lower oil prices and higher costs. The company reported 75 cents in earnings and $65.05 billion in revenue, which did top analyst expectations. “We are making excellent progress on our...

31. 10. 2019 No Responses

GE to lose $1.4 billion this year from Boeing 737 Max grounding

GE manufactures the LEAP engines used for Boeing’s 737 Max airplane, which has been grounded worldwide following two deadly crashes in the past year. “We still expect this year to be impacted to the tune of about negative $1.4 billion”...

30. 10. 2019 No Responses

Fiat Chrysler in merger talks with French automaker Peugeot

FCA – Fiat Chrysler and Peugeot owner PSA Groupe are in merger talks, the companies confirmed Wednesday. The companies issued separate, nearly identical statements, signifying a coordinated messaging strategy, with Italian-American automaker FCA addin...

29. 10. 2019 No Responses

Boeing CEO Testify In Front Of Senate

Dennis Muilenburg – CEO of Boeing grilled in front of Senate – “We Made Mistakes” Boeing’s CEO appeared before the Senate Commerce committee today to address the controversy surrounding the two fatal 737 Max crashes that took th...

26. 10. 2019 No Responses

Verizon reports strong 3Q results propelled by wireless customer growth

Highest third-quarter phone gross adds in five years, increased wireless net additions and EPS growth. Verizon Communications Inc. notched large gains in phone subscribers in the third quarter, aided by a revamp of its unlimited data plans that shaved about $...

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