Daily News
Below please find daily updates pertaining to the latest in financial, business, and tax news:
Fox Business News
Oracle underpaid thousands of women, minorities, government charges
Wed, Jan 23, 2019U.S. labor officials said in the complaint that out of about 500 graduates hired into technical jobs over a four-year period, only five were Hispanic and only six were African-American....
Tesla was just downgraded by RBC. Here's why
Wed, Jan 23, 2019"The company seems to be more tactful with messaging which is a long-term positive, but means downward pressure to growth expectations," RBC Capital wrote....
Oil up on supply outlook but slowdown worries weigh
Wed, Jan 23, 2019Oil prices have been supported by production cuts led by OPEC....
Synchrony's Walmart feud is over, Sam's Club deal extended
Wed, Jan 23, 2019Walmart and Synchrony bury the hatchet....
Stocks waver between good earnings, global growth worries
Wed, Jan 23, 2019Comcast and United Technologies each topped profit expectations....
United Tech profit beats on higher aero parts sales
Wed, Jan 23, 2019UTX is benefiting from robust demand for aircraft parts on the back of a boom in air travel and record global orders for commercial jets....
Comcast results beat on lower-than-expected video losses
Wed, Jan 23, 2019The company said it lost 29,000 video customers in the quarter....
Viacom to buy Pluto TV streaming service for $340M
Wed, Jan 23, 2019Pluto TV streams more than 100 channels and thousands of hours of on-demand content....
US stocks close down on global growth worries, weak home sales
Tue, Jan 22, 2019International concerns weighed on sentiment, as did a gloomy outlook from Johnson & Johnson....
EU fines Mastercard $648M over cross-border barriers
Tue, Jan 22, 2019The fine is the latest in a series of actions over the past decade that the Commission has taken to reduce card fees for merchants....