Markets
USA stocks wobble as trade worries keep investors cautious
The S&P 500 Index slumped after its first quarterly retreat since 2015, with volumes 17% below average. The Standard & Poor's 500 index , which joined the Dow back in correction territory, fell 2.2%, and the tech-packed Nasdaq declined 2.7%, pushing it negative for the year. [Full Article...]
Starfire Investment Advisers Inc. Acquires 7182 Shares of General Electric (NYSE:GE)
With an initial focus on the oncology and critical care fields, the alliance hopes to give providers more of a complete picture in diagnosing and treating patients. Its distance from 20-days simple moving average is -4.28%, and its distance from 50 days simple moving average is -9.48% while it has a distance of -35.27% from the 200 days simple moving average. [Full Article...]
Ghost Recon Wildlands is getting more free content
This first major update will add the community-requested ability to customise teammates' outfits in PvE mode - so you can make sure the whole squad's threads are on-point. There will also be a new mission added to Wildlands' PvE campaign. Tom Clancy's Ghost Recon Wildlands is available now on Xbox One , PlayStation 4, and PC! A new Year Two pass is now available. [Full Article...]
Spotify has solid list debut
After several hours of anticipation Tuesday morning, Spotify's shares traded as high as $169 in their stock market debut before falling back slightly. Apple, on the other hand, has 46 million on its music service. "Spotify is from the costs of licensing content", said Michael Carvin, chief executive of personal finance technology firm SmartAsset. [Full Article...]
Amazon may counter Walmart's bid to buy rival Flipkart
Even as Walmart is in final stages to pick-up stakes in e-commerce company Flipkart, rival Amazon may make a late bid to buy the company. Walmart, the world's largest retailer, was reportedly eyeing 55% in Flipkart via a mix of primary and secondary share purchases. [Full Article...]
Legal Marijuana Is Helping In The Fight Against Opioid Addiction
A separate study of adults insured by Medicaid, the US health program for the poor, found medical marijuana laws associated with an nearly 6 percent decline in opioid prescriptions. The second study found a similar effect among people covered by Medicaid. In February this year, a study found that although there was a correlation between the increase of medical marijuana use and the reduc... [Full Article...]
Ad group WPP investigates alleged misconduct by CEO Sorrell
Sorrell has headed WPP since 1986, and has no clear successor. Sir Martin, 73, is one of the country's best-known business leaders, having built WPP from a two-man operation in 1985 to one that now dominates the industry and has around 134,000 staff in more than 100 countries. [Full Article...]
USA investment company offers billions for Aussie gas giant Santos
Image: Santos headquarters in Adelaide, Australia. In November a year ago, Santos first revealed EIG Global Energy's "energy investment vehicle" Harbour Energy, headed up former Shell executive Linda Cook, had made a $4.55 per share offer for the company, which had been rejected. [Full Article...]