Markets

Uber sued by thousands of Australian taxi drivers in class action

Uber sued by thousands of Australian taxi drivers in class action More than 6000 cab drivers and hire auto operators across the nation have signed on to press for damages against the ride sharing giant. An Uber Australia spokeswoman told News Corp that despite a number of media stories to date, they have not received any notification of a class action. [Full Article...]

Coca-Cola European Partners PLC (CCEP) Plans Dividend Increase - $0.69 Per Share

Coca-Cola European Partners PLC (CCEP) Plans Dividend Increase - $0.69 Per Share Insiders have sold a total of 48,168 shares of company stock worth $2,350,014 over the last 90 days. Finding continued success in the stock market may entail keeping the portfolio balanced, but also finding the courage to get in when necessary, or get out when needed. [Full Article...]

Uncertain whether Uber and Lyft drivers from Detroit will participate in protests

Uncertain whether Uber and Lyft drivers from Detroit will participate in protests Not too long ago, Uber announced its plan to go public at Wall Street with its IPO on May 9. The Taxi Workers Alliance says its demands include greater job security. It's become so heated that a number of taxi drivers were found to have committed suicide due to the inability to pay down taxi medallion debt. James Farrar, former Uber driver and chair of the United Private Hire Drivers branch ... [Full Article...]

Buffett’s Berkshire turns $21bn profit - but Kraft Heinz numbers missing

Buffett’s Berkshire turns $21bn profit - but Kraft Heinz numbers missing Berkshire had $15.1 billion of these gains in the first quarter. His words seemed to lift shares of Amazon , which rose to $1,964.38 in afternoon trading Friday, its high for the year. Buffett's experience in investing in technology companies has not always been positive. "I promise this is good for Omaha ", Buffett said. Berkshire Hathaway Inc ., based in Omaha , Nebraska, owns a range of... [Full Article...]

Bitcoin jumps as much as 6 percent to new six-month high

Bitcoin jumps as much as 6 percent to new six-month high It was last at $5,680 on the Bitstamp exchange, taking gains this year for the original and biggest virtual currency to almost 55 percent. Despite record highs for 2019, the price of bitcoin is still far below its recorded peak of the past 12 months, and even further from its all-time peak of around $20,000 in late 2017. [Full Article...]

Musk doubles down on investment as Tesla raises capital goal

Musk doubles down on investment as Tesla raises capital goal Securities and Exchange Commission, includes up to $1.84 billion in notes that pay 2% annual interest and convert to Tesla common stock in 2024. Also, Director Antonio J. They now have a $240.00 price target on the electric vehicle producer's stock. Oppenheimer raised their price objective on Tesla from $418.00 to $437.00 and gave the company an "outperform" rating in a research note on Thursd... [Full Article...]

Macquarie can keep its edge over Wall Street

Macquarie can keep its edge over Wall Street Macquarie Group beat full-year profit guidance but the company's share price has slumped in early trade after it warned of a more subdued performance over the next 12 months. "This was largely due to investments made by Macquarie Infrastructure and Real Assets (MIRA) managed funds, foreign exchange impacts, contributions from businesses acquired during the period, and market movements, partially o... [Full Article...]

1p and 2ps saved as government vows to protect cash

1p and 2ps saved as government vows to protect cash Why were these coins under threat? However, there were still almost 241 million 1p coins minted that year and almost 17 million 2p coins produced. Pennies and £50 notes will not be leaving the nation's currency circulation, the Treasury has said. [Full Article...]


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