8 September, 2014 by The TZ Newswire Staff Comments Off on Anxious EU Leaders Delay Russian Sanctions For "Few Days"
Anxious EU Leaders Delay Russian Sanctions For "Few Days"
Whether it is confidence in Poroshenko’s statements that “the ceasefire is holding” or fears over Russia’s threats of “asymmetric” retaliation, Europe’s leaders – having convinced the Finns not to veto – emerged from their emergency meeting and declared tough new funding sanctions on Russia’s big three oil companies…
8 September, 2014 by The TZ Newswire Staff Comments Off on Driverless cars safer than regular cars: Bob Lutz
Driverless cars safer than regular cars: Bob Lutz
Bob Lutz explains why he thinks self-driving cars are actually safer than vehicles driven by humans.
8 September, 2014 by The TZ Newswire Staff Comments Off on Dow, S&P 500 dip in early afternoon; Nasdaq up
Dow, S&P 500 dip in early afternoon; Nasdaq up
The Dow and S&P 500 are down slightly in early afternoon trading on Monday amid a drop in energy shares, while the Nasdaq is edging higher. Shares of Exxon Mobil are down 1.2 percent, while the S&P energy index is down 1.6 percent, the day’s worst-performing sector as oil prices decline. Tech shares are rising, including Yahoo, up 2.6 percent and the Nasdaq’s most active name in anticipation of Alibaba Group Holding Ltd’s initial public offering. Yahoo has a 22.4 percent stake in Alibaba and is required to sell 140 million Alibaba shares in the IPO.
8 September, 2014 by The TZ Newswire Staff Comments Off on U.S. investors line up in droves to hear Alibaba’s pitch
U.S. investors line up in droves to hear Alibaba’s pitch
Among the investors attending the event was Mario Gabelli, CEO of Gabelli Asset Management. Alibaba is seeking to raise more than $21 billion in an initial public offering that will value the company at up to $163 billion and rank as the largest-ever technology debut in the United States. Alibaba expects to price the IPO at $60 to $66 per American Depository Share. It will list shares on the New York Stock Exchange and start trading later this month.
8 September, 2014 by The TZ Newswire Staff Comments Off on Boeing feels strong pressure to lift 737 jet output: CEO
Boeing feels strong pressure to lift 737 jet output: CEO
Boeing Co (BA.N) Chief Executive Officer Ray Conner said on Monday the planemaker is feeling “incredible pressure” to increase the production rate of the 737 jetliner, another signal the company is poised to announce further rate increases beyond current targets. “There’s incredible pressure to go higher” in rate, Conner said at a news conference in New York to announce an $11 billion sale of 737 MAX planes to Irish low-cost carrier Ryanair Holdings Plc (RYA.I), starting in 2019.
8 September, 2014 by The TZ Newswire Staff Comments Off on S&P 500 Slips Under 2000; Ambarella Extends Gains
S&P 500 Slips Under 2000; Ambarella Extends Gains
Stocks were near their session lows in late-afternoon trade Monday. The Nasdaq outperformed early, but slipped into the red. Hurt by weakness in oil stocks, the S&P 500 fell 0.5%. It’s now back below the psychological 2000 mark. The Dow Jones industrial average fell 0.3%. Meanwhile, the Nasdaq turned an early 0.4% gain into a 0.1% loss. Turnover was mixed in the stock market today.
8 September, 2014 by The TZ Newswire Staff Comments Off on Stop annoying people with your smartwatch
Stop annoying people with your smartwatch
Apple’s rumored ‘iWatch’ may unleash more social faux-pas.
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