26 August, 2015 by The TZ Newswire Staff Comments Off on Google, Techs Lead Broad Market Rebound In Higher Volume
Google, Techs Lead Broad Market Rebound In Higher Volume
A day after Tuesday’s pitiful rebound attempt, which followed “World Black Monday,” stocks blasted higher in rising volume. Wednesday’s rebound did not usher a confirmation to wade back into the market waters. Rather, Wednesday’s big gains reflected the moves of some bargain hunters who acted upon a deeply oversold situation. The Nasdaq composite led the way, rising 4.2% and halting a six-session selling streak.
26 August, 2015 by The TZ Newswire Staff Comments Off on Bulls are back: Wall Street surges in sharpest rally since ’11
Bulls are back: Wall Street surges in sharpest rally since ’11
U.S. stocks soared almost 4% Wednesday, halting a six-day rout, as traders pushed back expectations for when the Fed will hike interest rates, and cheered upbeat U.S. economic data.
26 August, 2015 by The TZ Newswire Staff Comments Off on Facebook testing personal digital assistant inside Messenger
Facebook testing personal digital assistant inside Messenger
By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook Inc is testing a personal digital assistant called “M” within its Messenger service that can answer questions with live human help and perform tasks such as buying gifts online and booking restaurants. M is “powered by artificial intelligence that’s trained and supervised by people,” David Marcus, vice president of Messaging products, wrote on his Facebook page on Wednesday. Rival services like Apple Inc’s Siri, Google Inc’s Google Now and Microsoft Corp’s Cortana rely entirely on technology to answer questions.
26 August, 2015 by The TZ Newswire Staff Comments Off on Nike fights subpoena in federal lawsuit against Armstrong
Nike fights subpoena in federal lawsuit against Armstrong
Athletic apparel giant Nike Inc. is fighting subpoenas for financial documents and witness depositions in the federal government’s lawsuit against former cyclist Lance Armstrong, arguing they are irrelevant …
26 August, 2015 by The TZ Newswire Staff Comments Off on "The Fed won’t hike rates ’cause they can’t!" While u were distracted, they already did.
"The Fed won’t hike rates ’cause they can’t!" While u were distracted, they already did.
Plenty of remarks about the place on the Federal Reserve and the upcoming rate hike.
The spectrum covers, “Yes, they will and its happening as we speak” to “No, they won’t. Never”.
26 August, 2015 by The TZ Newswire Staff Comments Off on Boeing settles lawsuit accusing company of mishandling 401(k) plan
Boeing settles lawsuit accusing company of mishandling 401(k) plan
Boeing Co.
26 August, 2015 by The TZ Newswire Staff Comments Off on Heat Forecast Sparks Buying Of Natural Gas
Heat Forecast Sparks Buying Of Natural Gas
BY BLOOMBERG NEWS Natural gas futures gained for a second day as forecasts for rising temperatures in the Midwest and Eastern U.S. signaled stronger demand from power plants. Readings in New York Aug. 31 may reach 90 degrees Fahrenheit (32 Celsius), 10 degrees above normal, according to AccuWeather.