Markets

Berkshire Hathaway shareholders arrive in Omaha

Berkshire Hathaway shareholders arrive in Omaha The investment is another sign of the "changing of the guard" at Berkshire, which holds its annual shareholder meeting Saturday. Instead, it was one of his younger deputies who opted to invest in the ecommerce behemoth. Speaking to CNBC , Wald said: "We continue to expect a premium is going to get placed on these higher growth companies in this low growth world, and this includes Amazon ". [Full Article...]

Tesla adds Lane Departure Avoidance that works when Autopilot is off

Tesla adds Lane Departure Avoidance that works when Autopilot is off Now the company is making the active steering features of Autopilot standard on all its cars for safety's sake. Instead of merely warning you - like the Lane Departure Warning feature - the new features, called Lane Departure Avoidance and Emergency Lane Departure Avoidance , take active measures to make sure you stay in your lane. [Full Article...]

Chicago corn futures close higher on adverse weather

Chicago corn futures close higher on adverse weather Soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed USA corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. CBOT July corn settled up 1/2 cent at $3.61-3/4 per bushel after touching a one-week high during the session. But gains were limited by expectations for a big USA harve... [Full Article...]

Exports Sag, UK Factories Report Lower Brexit Stockpile Boost: PMI Survey

Exports Sag, UK Factories Report Lower Brexit Stockpile Boost: PMI Survey However, there have been signs that the slowdown in Britain's housing market may have bottomed out. Brexit stock-building continued, albeit to a lesser extent than in the prior survey month. Capital Economics economist Andrew Wishart said that while the drop in the manufacturing PMI does not erase all of last month's three-point increase, it still suggests that the sector will slip back into st... [Full Article...]

Toyota Prius Prime Arrives This Summer With A New Five-Seat Configuration

Toyota Prius Prime Arrives This Summer With A New Five-Seat Configuration Previous versions had only four seats. The word "Prime", which is defined as being the best, or at the top, is a natural fit for the Prius model as it's the most technologically advanced, best-equipped Toyota Prius in the model's almost two-decade global history. [Full Article...]

JP Morgan and Microsoft join forces for enterprise blockchain push

JP Morgan and Microsoft join forces for enterprise blockchain push Mitigation has been applied, and the majority of Azure and other Microsoft services have recovered. Developed by JP Morgan , Quorum - an enterprise-variant of the Ethereum blockchain - will be the first distributed ledger platform available through Microsoft Azure Blockchain Service. [Full Article...]

Facebook in Talks to Build Ecosystem for Planned Stablecoin

Facebook in Talks to Build Ecosystem for Planned Stablecoin A source close to the situation confirmed to The Block aspects of The Journal's report , including that Facebook is recruiting financial firms to help with the project's launch and that its name is Libra. It's also working on getting e-commerce companies and apps to accept the currency. According to the WSJ sources, however, the huge fiat backing is further deliberately created to remove p... [Full Article...]

Job growth surged in April, unemployment rate falls to 49-year low

Job growth surged in April, unemployment rate falls to 49-year low The economy has now added jobs every month for 103 months in a row, the longest streak of job creation since records began. Coal miners look on as U.S. Prior to April's report, the consistent unemployment rate suggested that workers are jumping back into the workforce to fill open jobs, rather than the workers who are now collecting unemployment welfare, according to WSJ. [Full Article...]


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