George Soros foundations now control $18 billion: reports
NEW YORK (Reuters) – Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them the second largest philanthropic grant-making group in the United States, according to med…
IBM’s revenue beats estimates on cloud, security services
(Reuters) – International Business Machines Corp’s shift to newer businesses such as cloud and security services helped it beat Wall Street’s quarterly revenue estimates, and the company said its latest mainframe is getting “enthusiastic adoption”.
IBM reports marginal dip in quarterly revenue
(Reuters) – International Business Machines Corp’s quarterly revenue slipped again as weak demand in the company’s technology services business outweighed growth in its strategic areas that include cloud and security services.
Wall St. ends little changed; Dow brushes 23K milestone
NEW YORK (Reuters) – The Dow Jones Industrial Average briefly ticked above the 23,000 point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, though it finished the session just below that level.
Harvey Weinstein resigns from Weinstein Co board: source
LOS ANGELES (Reuters) – Harvey Weinstein has resigned from the board of The Weinstein Company, a source close to Weinstein said on Tuesday, as he faces allegations that he sexually harassed or assaulted a number of women over three decades in the film …
Big U.S. stock exchanges ask SEC to hold off on fee cap plan
NEW YORK (Reuters) – A proposed regulatory experiment to test the effects of lowering stock exchange fees could end up making stocks harder to trade and should be delayed pending a comprehensive market review, the three largest U.S. stock exchange oper…
Harvey Weinstein resigns from Weinstein Co board: report
LOS ANGELES (Reuters) – Harvey Weinstein has resigned from the board of The Weinstein Company, Hollywood trade publication Variety reported on Tuesday, as he faces allegations that he sexually harassed or assaulted a number of women over three decades …
New cancer drugs help Johnson & Johnson top profit estimates
(Reuters) – Johnson & Johnson posted better-than-expected third-quarter earnings, raising its full-year forecast due to growth from new cancer drugs and high-margin treatments picked up in its $30 billion acquisition of Actelion earlier this year.
Dow tops 23,000-mark for the first time on strong earnings
(Reuters) – The Dow Jones Industrial Average breached the 23,000-mark for the first time on Tuesday, powered by strong earnings from UnitedHealth and Johnson & Johnson.
Dow tops 23,000-mark for the first time on strong earnings
(Reuters) – The Dow Jones Industrial Average breached the 23,000-mark for the first time on Tuesday, powered by strong earnings from UnitedHealth and Johnson & Johnson.
