Uber Technologies Inc., Lyft Inc. and other big startups going public now have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with… Read More ›
U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets. China announced earlier it would impose higher tariffs… Read More ›
China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140 U.S. products on a target list worth about $60 billion. It said the tariffs will take effect on June 1. The… Read More ›
— As the relationships between countries shift over the next few decades, expect trade to remain a hot button issue, according to one analyst. That prediction comes as the U.S. and China continue to square off in a trade war… Read More ›
Marriott International Inc., The World’s Largest Hotel Company, Posted Weaker Than Expected Revenue Growth
Marriott, the parent of hotel brands including Ritz-Carlton, Westin and Renaissance, said Friday that comparable systemwide revenue per available room rose 1.1% excluding currency fluctuations in the first quarter. RevPAR, which reflects pricing power, grew at a faster pace outside… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY — President Donald Trump said it would be wise for China to “act now” to finish a trade deal with the U.S., predicting that “far worse” terms would be… Read More ›
If Financing Options Like A Loan Or Line Of Credit Are Out Of Reach… Should You Use GoFundMe For Your Business?…
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY If financing options like a loan or line of credit are out of reach, you may turn to family and friends willing to donate or loan money to help… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Friday was bad. But how’s Monday?… Uber’s agonizingly difficult first day as a public company was a cold shower for Silicon Valley’s hottest company, a dousing that drenches both… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Stocks fell Thursday, resuming a sell-off this week, after President Donald Trump said China “broke the deal,” fueling worries that the U.S. and China will be unable to hatch… Read More ›
Huawei Filed A Lawsuit Challenging A Law Signed By President Trump That Restricts Federal Agencies From Doing Business With The Chinese Company
Huawei Technologies Co. filed a lawsuit challenging a law signed by President Trump in August that restricts federal agencies from doing business with the Chinese company, the latest in a series of countermoves by the telecommunications giant.
Amazon and Microsoft are currently the two largest providers of public cloud services. That business is generating nearly $50 billion a year in revenue now between the two and is expected to double by the end of 2020
The cloud business bolsters the margins of both companies; 60% of Amazon’s trailing 12-month operating earnings came from its AWS cloud segment, which accounted for only 11% of the company’s revenue in that time.