Markets

Nicaraguan protesters under siege for demanding democratic reform

Nicaraguan protesters under siege for demanding democratic reform Hundreds have died or are missing according to NGOs and human rights organisations in the country. In an interview with CNN en Español broadcast on Monday, Ortega rejected the idea of a referendum on holding early elections in a bid to calm opposition against him. [Full Article...]

Uber hits brakes on self-driving trucks

Uber hits brakes on self-driving trucks The company will be moving employees working on the self-driving truck program to its autonomous vehicle division, Uber also stated that its on-demand logistics side-project Uber Freight will remain unaffected by this decision. San Francisco-based Uber faces competition from Silicon Valley companies including Tesla and Alphabet's Waymo as well as traditional automakers such as Ford and General M... [Full Article...]

IPhones and Apple services fueled the company's biggest Q3 ever

IPhones and Apple services fueled the company's biggest Q3 ever The company sold 41.3 million units, below expectations of 41.8 million units. That's in line with the company's recent forecast and translates to year-over-year revenue growth of about 15 percent, the strongest for Apple's June quarter since 2015. [Full Article...]

MoviePass raises prices by 50 percent in effort to save company

Following a Monday where MoviePass parent company Helios & Matheson saw their share price plummet to below $1 (it's now trading at $0.82 as of 11AM EST) and its app go dark, the monthly movie ticket service put out a press release this morning entitled " MoviePass Accelerates Plan for Profitability" further underscoring their initiative to re-arrange decks chairs on their Titanic. [Full Article...]

MoviePass Is Raising Prices to $14.95, Limiting Blockbusters

Not great, Bob! As much as it's seemed like these are final days of MoviePass , the company is still alive and kicking, and making some major changes to stay afloat. Speaking to MoviePass' future, Helios Chairman and CEO Ted Farnsworth said in a statement, "Over the past year, we challenged an entrenched industry while maintaining the financially transparent records of a publicly traded company... [Full Article...]

Previously undisclosed TSA program tracks unsuspecting airline passengers

Previously undisclosed TSA program tracks unsuspecting airline passengers The TSA launched Quiet Skies in March, but the public is just hearing about it now thanks to a July 29 report by The Boston Globe , which obtained TSA bulletins on the program and talked to air marshals involved in it. Recreating the Israeli model requires staff trained to look for the right indicators. The FBI got him off the plane when they discovered his presence on it through other means. [Full Article...]

Harley Davidson forays into entry-level 250-500cc class motorcycles

Harley Davidson forays into entry-level 250-500cc class motorcycles Harley also is developing a smaller displacement 250cc to 500cc bike for emerging markets in Asia through a partnership with a manufacturer in the region. That will give the company more broad distribution in the largest and fastest-growing motorcycle markets. In a fast-changing world with new consumer demands, these accelerated actions support Harley-Davidson's 2027 objectives with increased focu... [Full Article...]

McDonald’s launches ‘MacCoin’ - but it’s really just a coupon

McDonald’s launches ‘MacCoin’ - but it’s really just a coupon Beginning at lunch time on August 2, customers can receive a MacCoin with the purchase of a Big Mac at 14,000 participating restaurants across the US, while supplies last. In 1967, Michael James "Jim" Delligatti lobbied the company to let him test the burger at his Pittsburgh-area restaurants. This global connectivity of the Big Mac inspired the creation of the MacCoin. [Full Article...]


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