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| April 27, 2018

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Tech Shares Tumble Again as Regulatory Risks Rattle Investors

March 29, 2018 |

Technology stocks are suffering one of their worst beatings in years, as investors reassess a sector that was once considered the growth engine of the global economy but now faces the prospect of greater regulatory scrutiny.
WSJ.com: What’s News Asia

Amazon shares tumble on report Trump wants to ‘go after’ the company

March 28, 2018 |

President Trump has made it clear since his election that he has gripes with Amazon.com over the e-commerce giant’s sales tax policies and its contract with the U.S. Postal Service for deliveries. And he hasn’t been shy about his disgust for the Washington Post, the newspaper owned separately by…


L.A. Times – Business

Stocks tumble on opening as consumer prices jump, adding to inflation fears

February 14, 2018 |

Consumer prices jumped more than expected last month, the Labor Department said Wednesday, adding to the fear of higher inflation that has roiled financial markets in recent days.

The consumer price index increased 0.5% in January, up from 0.2% the previous month and well above analyst estimates….


L.A. Times – Business

Facebook shares tumble after changes to its News Feed that could shrink ad revenue

January 12, 2018 |

Facebook shares were down more than 4% early Friday to $ 180.10 after the social network announced it was making major changes to its signature News Feed.

Facebook said it would begin prioritizing posts from users’ friends and families that spark the most interaction over posts from brands and publishers.


L.A. Times – Business

Stocks Tumble, Rebound After Flynn Guilty Plea

December 2, 2017 |

Stocks are closing modestly lower, having recouped much of a steep loss from earlier in the day after a former adviser to the White House pleaded guilty to lying to the FBI , the AP reports. News that former national security adviser Michael Flynn would cooperate with the probe into Russian…
Newser

Tech stocks rise, but telecom shares tumble

November 6, 2017 |

Stocks were inching higher in the middle of the trading day Monday as technology and energy companies rose but phone companies slipped.

Chip maker Qualcomm was up 0.7% around noon EST, off earlier highs, after competitor Broadcom offered to buy it for $ 103 billion. Broadcom slid 0.7%.

Oil prices…


L.A. Times – Business

Twitter Shares Tumble After Posting Anemic Revenue Growth

February 9, 2017 |

Twitter sits at the center of American politics like no other company right now—and yet the social-media service can’t seem to profit from it.
WSJ.com: US Business

After ‘Horseplay,’ 3 Girls Tumble From Ferris Wheel

August 9, 2016 |

A witness says it all started as horseplay: Three girls “just rocking the thing,” he tells WCYB , the “thing” being a Ferris wheel at eastern Tennessee’s Greene County Fair on Monday night. But Dakota Ragan says their basket then collided with another, and the impact caused the basket to careen…
Newser

Asia markets tumble on global outlook, Britain EU worries

June 13, 2016 |

With next week's referendum on whether Britain should stay in the EU on a knife-edge, analysts said traders were rushing to safe-haven investments such as the yenJapanese stocks led a plunge in Asian markets Monday, tracking a sell-off in the US and Europe on renewed worries about the global economy and uncertainty over Britain's future in the European Union. "The market hates uncertainty," Yoshinori Ogawa, a markets strategist at Okasan Securities Co. in Tokyo, told Bloomberg News. Tokyo's Nikkei took a hammering, sliding 3.5 percent, with a stronger yen hitting exporters.



Economy News Headlines – Yahoo! News