Exchange Currency

Business news

To exchange currency in a profitable way the most important thing is to predict whether the currency value will decrease or increase in the near future, and namely, the business news can help to make the right decision. On this page you will find the most important business news which in one way or another can influence the financial situation in the world.





EVs From Tesla and GM May Start Losing Their Tax Credits

EVs From Tesla and GM May Start Losing Their Tax Credits

Electric vehicles have caught the eye of many American consumers. But it’s not only the cars’ green cred that seals the deal. Another big lure: a federal tax credit of up to $7,500 per vehicle. Now that lucrative incentive may be fading away for two reasons. Firs…



 
Colleges, charities, Uber drivers could pay more under Senate tax reform plan

Colleges, charities, Uber drivers could pay more under Senate tax reform plan

Universities, charities, life insurance companies and others could all lose cherished tax breaks under a Senate plan to rewrite the tax code. Senate Republicans are considering a number of sure-to-be controversial changes, including imposing a new 2 percent excise tax on the…



 
Blue Apron loses customers, but the loyal ones are spending more

Blue Apron loses customers, but the loyal ones are spending more

Blue Apron's customer base is shrinking, but those who are staying are spending more. The number of customers Blue Apron served in the third quarter shrank 6 percent from a year earlier and 9 percent from the previous quarter. Average revenue per customer increased to $…



 
Time Warner shares drop on report DOJ may sue to block AT&T deal

Time Warner shares drop on report DOJ may sue to block AT&T deal

Time Warner stock fell 5% Thursday morning on the news that the U. S. government may sue to block AT&T's acquisition of the media company. Dow Jones, which reported the news, also noted that the Justice Department and AT&T are "discussing possible settlemen…



 
Your Daily Pharma Scoop: Teva Q3 Results, Boost For RedHill, Clovis Reports Rubraca Sales

Your Daily Pharma Scoop: Teva Q3 Results, Boost For RedHill, Clovis Reports Rubraca Sales

Summary Teva will release its Q3 results but focus will be guidance. RedHill has refiled U. S. Marketing Authorization for Rizaport. Clovis reports Rubraca sales below consensus. This abridged "Daily Scoop" is published by Avisol Capital Partners, which runs the ph…



 
Data Sheet—Elon Musk's Humiliating Shortfall at Tesla

Data Sheet—Elon Musk's Humiliating Shortfall at Tesla

The rap against Tesla Motors has always been of the “yes, but” variety. Yes, it’s a fine artisanal designer and manufacturer of electric cars and its CEO is one of the few business leaders alive for whom the label “visionary” isn’t hyperbo…



 
Bombardier scales back CSeries jet deliveries, improves earnings

Bombardier scales back CSeries jet deliveries, improves earnings

(Reuters) — Bombardier Inc (BBDb. TO) scaled back CSeries jet deliveries by around a third because of engine delays, but reported improved earnings and a quarterly loss in line with analyst estimates. FILE PHOTO: The Bombardier logo is seen at the Bombardier factory in…



 
Tourists: TripAdvisor Scrubbed Our Warnings About Mexico

Tourists: TripAdvisor Scrubbed Our Warnings About Mexico

(Newser) — More than a dozen travelers who sought to warn others about injuries, assaults, and tainted alcohol at Mexican resorts accuse TripAdvisor of "censoring" them. Continuing its investigations into incidents at Mexican resorts, the Milwaukee Journal Se…



 
Stocks making the biggest moves premarket: BABA, YUM, ADP, W, APRN, TEVA & more

Stocks making the biggest moves premarket: BABA, YUM, ADP, W, APRN, TEVA & more

Check out which companies are making headlines before the bell: Alibaba — The China-based e-commerce beat estimates on both the top and bottom lines, and reported a 3.8 percent increase in mobile monthly active users to a total of 549 million. Yum Brands — The re…



 
U.S. Productivity Rises by Most in Three Years as Output Jumps

U.S. Productivity Rises by Most in Three Years as Output Jumps

Worker productivity in the U. S. rose in the third quarter by the most since 2014 as the world’s largest economy expanded at a solid pace, a Labor Department report showed Thursday in Washington. Highlights of Productivity (Third Quarter) Measure of nonfarm business em…



 
US weekly jobless claims decline nearly 2%

US weekly jobless claims decline nearly 2%

First-time claims for state unemployment insurance benefits fell from the previous week, coming in below expectations. U. S. weekly jobless claims totaled 229,000 in the week ended October 28, below the 235,000 claims economists polled by Reuters anticipated. This was a 1.7…



 
UK interest rates raised for first time in a decade - business live

UK interest rates raised for first time in a decade - business live

In classical economics, a central bank would raise interest rates when it worried that the economy was rattling along too quickly, pushing inflation too high. But that’s not the case this time. So some economist are worried that the Bank of England might hike interest…



 
Alibaba Raises Sales Forecast After Results Top Estimates

Alibaba Raises Sales Forecast After Results Top Estimates

Quarterly earnings-per-share also beat analysts’ projections Alibaba’s dominance in Chinese retail is drawing advertisers Alibaba Group Holding Ltd. raised its outlook for full-year revenue growth after reporting sales that beat analysts’ estimates, buoyed…



 
Ferrari Raises 2017 Profit Target on Limited-Edition Cars

Ferrari Raises 2017 Profit Target on Limited-Edition Cars

Operating profit of 1 billion euros reached two years early Shares fall as full-year goal in line with analyst estimates Ferrari NV raised its 2017 profit target as rollouts of limited-edition supercars, including the FXX K Evo racing model unveiled last week, help the Itali…



 
Report: TripAdvisor Removed Assault, Rape Claims By Mexico Resort Visitors

Report: TripAdvisor Removed Assault, Rape Claims By Mexico Resort Visitors

CBS Local — The investigation into an alleged rape of an American tourist at a Mexican resort in 2010 has uncovered shocking practices by one of the largest hotel review websites around. According to an investigative report by the Milwaukee Journal Sentinel, review web…



 
It's getting even harder to be a woman

It's getting even harder to be a woman

Here's a shocking idea: Gender inequality is getting worse, not better. The World Economic Forum says in a new report that "equality is in retreat" for the first time since the group starting tracking the issue in 2006. The report, which examines gender imbala…



 
Lawmakers Release Some Russian Facebook Ads

Lawmakers Release Some Russian Facebook Ads

One ad called Hillary Clinton "a Satan. " Another read: "Kick Sharia out of America!" A third suggested that the policies of Clinton and former President Barack Obama were responsible for "rapists, drug dealers, human traffickers, and others" il…



 
India slips 21 slots, occupy 108th rank on WEF Gender Gap index 2017

India slips 21 slots, occupy 108th rank on WEF Gender Gap index 2017

India slipped 21 places on the World Economic Forum’s (WEF) Global Gender Gap index to a lowly 108, behind neighbours China and Bangladesh, primarily due to less participation of women in the economy and low wages. Moreover, India’s latest ranking is 10 notches l…



 
Bitcoin takes another step toward wider acceptance

Bitcoin takes another step toward wider acceptance

A month ago, CME Group (CME) chief executive Terrence Duffy said he didn't see a need to list bitcoin futures. But Duffy, who heads the company that operates the New York Mercantile Exchange, has since reversed himself: He announced plans earlier this week to offer the…



 
Amazon just bought three domain names related to cryptocurrency

Amazon just bought three domain names related to cryptocurrency

Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space. However, Amazon Pay's VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept…



 
Book World announces liquidation; Willmar store to close

Book World announces liquidation; Willmar store to close

WILLMAR — The Book World chain is liquidating and closing its stores, the Wisconsin-based company announced Tuesday. The closings include the Book World outlet at the Kandi Mall in Willmar, one of five Book World locations in Minnesota. The decision was triggered by ch…



 
Credit Suisse Assets Surge to Record in Wealth Management Pivot

Credit Suisse Assets Surge to Record in Wealth Management Pivot

Assets under management at bank rise to 751 billion francs Bank sees continued strong performance in wealth management While Credit Suisse Group AG wasn’t immune to the trading slump that engulfed rivals, Chief Executive Officer Tidjane Thiam’s pivot to wealth ma…



 
Singapore Airlines upgrades first class suites to maintain its premium allure

Singapore Airlines upgrades first class suites to maintain its premium allure

SINGAPORE (Reuters) — Singapore Airlines Ltd (SIAL. SI) unveiled one of the world’s most luxurious first class offerings for the Airbus A380, as part of an $850 million product investment as it tries to retain premium customers amid tough competition from industr…



 
GoPro plunges after disappointing guidance, despite earnings beat

GoPro plunges after disappointing guidance, despite earnings beat

GoPro shares plunged after reporting disappointing fourth-quarter guidance, despite posting earnings that topped Wall Street expectations. The fourth quarter includes the holiday shopping season. The company said it expects fourth-quarter earnings between 37 cents and 47 cen…



 
Bemidji's Book World closing date unknown

Bemidji's Book World closing date unknown

Book World Inc. recently announced it will close all 45 of its locations and begin liquidating its inventory this week due to declining sales and online competition. (Jillian Gandsey | Bemidji Pioneer) BEMIDJI -- Just when the Bemidji Book World will close remains up in the…



 
Yelp beats earnings, but outlook is bad

Yelp beats earnings, but outlook is bad

Yelp, the platform which connects consumers and local businesses, posted third-quarter earnings after the bell on Wednesday. Yelp’s net revenue for the third quarter was $222.4 million, 19 percent growth for the same period last year. This compares to analyst estimates…



 
Monsanto Has Postponed Launching a New Chemical After Reports That It Causes Rashes

Monsanto Has Postponed Launching a New Chemical After Reports That It Causes Rashes

(MON, +0.03%) put on hold the launch of a chemical designed to be applied to crop seeds on Wednesday following reports it causes rashes on people, in the latest instance of complaints about a company product that was approved by U. S. environmental regulators. Monsanto froze…



 
Amazon Is Already Offering Black Friday Deals

Amazon Is Already Offering Black Friday Deals

Are you ready for the holidays? Amazon is. The company launched its Black Friday Deals Store today, an online store that will be offering deals on everything from toys to electronics now through Black Friday (yes, it’s that time already). The page will feature “D…



 
Bitcoin soared above $6,900 despite strong regulatory warning from Securities and Exchange Commission

Bitcoin soared above $6,900 despite strong regulatory warning from Securities and Exchange Commission

MI The price of bitcoin, the red-hot digital coin up more than 550% this year, soared past $6,900 to $6,916 Wednesday evening, according to data by Markets Insider. The rally comes ahead of a warning by the Securities and Exchange Commission on initial coin offerings, a cryp…



 
Best Retirement Plans for Small Businesses

Best Retirement Plans for Small Businesses

The responsibilities of owning and operating a small business can be overwhelming at times. Every decision — from choosing printer paper to putting together a budget, creating a business plan, and looking for funding — is yours and yours alone. With so much to ac…



 
Retailers try to step up their game heading into holidays

Retailers try to step up their game heading into holidays

NEW YORK • Stores are trying to step up their game online and in person for the critical holiday season, from dangling more discounts to livening up their stores. And Amazon, which is expanding into more areas, has opened its online store of Black Friday discounts. Depa…



 
Molson Coors third-quarter profit meets analysts' expectations

Molson Coors third-quarter profit meets analysts' expectations

DENVER • Molson Coors Brewing's third-quarter profit met Wall Street's view as the beer maker's sales improved overseas. The Denver-based company, which makes Miller Light, Coors Light and other beers, earned $280 million, or $1.29 per share, for the peri…



 
Trump kills class-action rule against banks, lightening Wall Street regulation

Trump kills class-action rule against banks, lightening Wall Street regulation

WASHINGTON (Reuters) — President Donald Trump signed a Congressional resolution on Wednesday that lets banks block customers from filing class action lawsuits, partly delivering on his election campaign promise to lighten U. S. financial regulation. U. S. President Don…



 
U.S. auto sales fall even with strong sales of SUVs and trucks

U.S. auto sales fall even with strong sales of SUVs and trucks

Updated at 4:48 p. m. DETROIT • Increased demand from rental car companies, strong truck and SUV sales, and recovery from hurricanes in Florida and Texas weren't enough to push U. S. auto sales into positive territory for October. Sales for the month fell 1.3 perce…



 
Even the Russians (Mostly) Can't Slow Facebook's Money Machine

Even the Russians (Mostly) Can't Slow Facebook's Money Machine

There are a lot of question marks about Facebook. It's not clear whether its effort to remake itself into the world's new living-room television will pay off. It's not clear whether it can make money from the billions of people using its messaging technologies…



 
Mark Zuckerberg: Facebook will cut into profits to prevent abuse

Mark Zuckerberg: Facebook will cut into profits to prevent abuse

The crisis over Russian-bought ads hasn't slowed down Facebook yet, but it might. Facebook (FB, Tech30) said Wednesday that sales topped $10 billion in the third quarter, up nearly 50% from the same quarter a year earlier, fueled by the continued strength of its adverti…



 
LIVE: Facebook crushes Q3 earnings but warns that future profit will slow

LIVE: Facebook crushes Q3 earnings but warns that future profit will slow

Facebook beat Wall Street's expectations for the third quarter and reported its best earnings ever. But CEO Mark Zuckerberg warned, "We're investing so much in security that it will impact our profitability. " Facebook plans to add 10,000 more employees t…



 
Tesla is still struggling to mass produce the Model 3

Tesla is still struggling to mass produce the Model 3

Hundreds of thousands of orders for Tesla's Model 3 are pending as the company continues to struggle with producing its mass-market electric vehicle. Tesla dropped its third-quarter earnings report today, which showed it only managed to deliver just 222 units of the car…



 
Traffic safety: Talking car mandate from Trump administration has been set aside

Traffic safety: Talking car mandate from Trump administration has been set aside

WASHINGTON — The Trump administration has quietly set aside plans to require new cars to be able to wirelessly talk to each other, auto industry officials said, jeopardizing one of the most promising technologies for preventing traffic deaths. The Obama administration…



 
Wall St. keeps modest gains as Fed stands pat on rates

Wall St. keeps modest gains as Fed stands pat on rates

(Reuters) — Wall Street held onto modest gains on Wednesday after the Federal Reserve kept interest rates unchanged, as major equity indexes hovered around record-high levels. Thomas Farley, president of the New York Stock Exchange, laughs with trader Peter Tuchman as…



 
Sinclair says no to former Fox host Bill O'Reilly

Sinclair says no to former Fox host Bill O'Reilly

Bill O’Reilly, the former Fox News prime-time host who was forced out this year after a series of sexual harassment claims, is apparently not welcome at conservative Sinclair Broadcast Group. During a quarterly earnings call Wednesday, Sinclair CEO and President Chris…



 
TripAdvisor removed reports of rapes at Mexico resorts, report says

TripAdvisor removed reports of rapes at Mexico resorts, report says

TripAdvisor, the Needham-based travel company, is accused of removing hotel reviews from its site that include reports of rapes and assaults, according to an investigation by the Milwaukee Journal Sentinel. According the Journal Sentinel report, the company has deleted dozen…



 
Will Today’s Stifel Nicolaus Downgrade Ultimately Hurt The Stock Price of Omega Healthcare Investors (NYSE:OHI)?

Will Today’s Stifel Nicolaus Downgrade Ultimately Hurt The Stock Price of Omega Healthcare Investors (NYSE:OHI)?

Investors sentiment increased to 1.39 in Q2 2017. Its up 0.13, from 1.26 in 2017Q1. It improved, as 36 investors sold Omega Healthcare Investors Inc shares while 101 reduced holdings. 50 funds opened positions while 141 raised stakes. 141.18 million shares or 0.04% less from…



 
Richard Branson's Virgin Orbit stealthily launches new company dubbed Vox Space

Richard Branson's Virgin Orbit stealthily launches new company dubbed Vox Space

Richard Branson's space company, Virgin Orbit, quietly created a new firm that will focus on competing with SpaceX and United Launch Alliance for U. S. military launch contracts. It's called Vox Space, and a website for the company bills it as a subsidiary of Virgi…



 
Lockheed F-35 deliveries were halted for 30 days: Pentagon

Lockheed F-35 deliveries were halted for 30 days: Pentagon

WASHINGTON (Reuters) — The Pentagon halted shipments of Lockheed Martin Corp’s F-35 fighter jets for 30 days this fall after it discovered corrosion around fasteners and a fix was devised, the Pentagon and Lockheed said on Wednesday. F-35 fighters over Edwards Ai…



 
Closing the books: Book World to close all its stores and liquidate inventory

Closing the books: Book World to close all its stores and liquidate inventory

The Book World store at 15528 Edgewood Drive in Baxter will be closing, along with the company’s other 44 locations in seven states. Steve Kohls / Brainerd Dispatch Book lovers in the Brainerd area are likely to shed a tear at Tuesday's announcement by Book World…



 
Sears is putting 'the whole store on sale' to avoid the Black Friday crunch

Sears is putting 'the whole store on sale' to avoid the Black Friday crunch

Everything at Sears and Kmart stores is going on sale ahead of the holidays. Everything. The troubled department store chain on Wednesday kicked off a promotional event that promises "first-of-their-kind" discounts ranging from 10 to 50 percent at Sears stores, and…



 
S&P, Dow flat ahead of Fed announcement

S&P, Dow flat ahead of Fed announcement

(Reuters) — The S&P and the Dow were little changed on Wednesday, as investors awaited a statement from the U. S. Federal Reserve following its two-day policy meeting. Thomas Farley, president of the New York Stock Exchange, laughs with trader Peter Tuchman as they…



 
Trump Calls Yellen ‘Excellent’ But Doesn’t Commit to Reappointing Her

Trump Calls Yellen ‘Excellent’ But Doesn’t Commit to Reappointing Her

Every previous Fed chairman since 1979 has been reappointed President is said to be leaning toward Jerome Powell for job President Donald Trump said Federal Reserve Chair Janet Yellen is “excellent” but wouldn’t commit to reappointing her Thursday, when he…



 
Book World to close its six stores in Minn., ND

Book World to close its six stores in Minn., ND

The Book World store at 15528 Edgewood Drive in Baxter, Minn, will be closing, along with the company’s other 44 locations in seven states. Steve Kohls / Forum News Service APPLETON, Wis. —Book lovers are likely to shed a tear at Tuesday's announcement by Bo…