Markets
Uber aims for $90bn stock market debut
PayPal Holdings Inc. will buy roughly $500 million of shares via a private placement at Uber's IPO price, the Wall Street Journal cited unidentified people as saying. Uber will kick off an investor roadshow on Monday, to drum up investor interest on both sides of the Atlantic, before debuting on the New York Stock Exchange in early May. [Full Article...]
CBBC Newsround: How Lego is helping children with sight loss
A printed letter or character will also feature on each brick, providing an additional opportunity for sighted children to learn the tactile script. The Sustainable Brands Conference has opened its doors in Paris, France, this week, and the Lego Foundation and the Lego Group have today unveiled a new project - Lego Braille Bricks . [Full Article...]
Outbreaks of African swine fever contained
The country's productive sow herds slumped 21 per cent on year in March after a 19 per cent drop in February, ministry data showed. Pig prices soared dramatically from 12.91 yuan ($1.92) per kilogram in the first week of March to 15.15 yuan in the first week of April, according to the ministry. [Full Article...]
Amazon Prime to be 1-day shipping instead of 2
Olsavsky reminded listeners that Amazon has long offered options like one-day and same-day shipping for standard Amazon orders, along with Prime Now delivery windows of one and two hours, which he attributes to "20-plus years of expanding our fulfillment and logistics network". [Full Article...]
Waymo Picks Detroit Facility To Build Its Autonomous Cars From Mid
Waymo's vehicles will be outfitted for autonomous driving at the Detroit plant. Mike Duggan, the Mayor of Detroit confirmed in a statement that Waymo could have established their first 100% dedicated factory for level 4 autonomous vehicles anywhere in the country but have selected Detroit . [Full Article...]
Trader's Focus- Canadian National Railway Company (CNI)
The company reported C$4.55 earnings per share for the quarter, beating the Zacks' consensus estimate of C$4.22 by C$0.33. Chemung Canal Trust Company decreased Canadian (CNI) stake by 13.94% reported in 2018Q4 SEC filing. Canadian Pacific Railway (TSE:CP) (NYSE:CP) had its target price increased by Royal Bank of Canada from C$334.00 to C$337.00 in a research report sent to investors on Wednesd... [Full Article...]
LG is reportedly stopping flagship smartphone production in Korea
LG's mobile business, in the red for seven quarters, and intensifying price competition in the global TV market likely weighed on its first quarter earnings, analysts have said. LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals shifting factories to low-priced locations as they battle a slump in global de... [Full Article...]
Amazon Alexa auditors could reportedly access user locations
A report from Bloomberg last week revealed that the mega-retailer is using humans to regulate the Alexa service , but this may have been a mere tip of the iceberg. We regularly audit employee access to internal tools and limit access whenever and wherever possible. Creepy, yes, but anonymous. Despite that statement, one employee that spoke with Bloomberg noted that "they believed the vast m... [Full Article...]