http://pppfocus.com/wp-content/uploads/2017/05/Image-Reuters.jpg

Economy

Following a high-profile and successful IPO in March, the social media darling reported a net loss of $2.2 billion, with a loss per share of $2.31 in the first quarter. For one, Snap already has more daily active users than Twitter does, by his estimates, and it's growing both revenue and user-count more quickly.
  • Gold surges as Trump turmoil hits dollar, US yields

    Gold surges as Trump turmoil hits dollar, US yields

    Economy

    All of these are positive for the price of gold for two main reasons. The Comey memo, first reported by the New York Times, caused alarm on Capitol Hill and raised questions about whether Trump tried to interfere with a federal investigation.
  • United States and European Union reject in-flight laptop ban

    United States and European Union reject in-flight laptop ban

    Economy

    The BBC reported Wednesday that officials from the United States and European Union "decided against" the ban following yesterday's meeting, though "other measures" are still under consideration. "These alternative measures would also avoid the concentration of lithium battery-powered devices in the cargo hold of passenger aircraft", de Juniac said.
  • Dry weather lets Minnesota farmers catch up on planting

    Dry weather lets Minnesota farmers catch up on planting

    Economy

    Each month China imports hundreds of millions of bushels of soybeans and soy by-products, not only from the US but from Brazil and from Argentina as well. In the US, corn often has a higher revenue per acre than many other crops and provides more certainty when receiving lines of credit and negotiating cash rents.
  • Amazon Echo Show with 5MP front camera, 7-inch touchscreen unveiled

    Economy

    While the voice-activated assistant is capable of connecting to devices such as the Philips Hue lighting system, ArsTechnica says it will also be compatible with "smart cameras from Ring and Arlo ". Its price tag will reflect this distinction, with The Wall Street Journal claiming that the new Amazon Echo will be sold for more than $200. Much like the iPod device in the film Her , Echo Show can now "show you things", hands free with the 7-inch touchscreen with an undefined resolution.
  • Imperial Brands PLC (IMT) Earns Buy Rating from Berenberg Bank

    Economy

    The rating was maintained by Liberum Capital with "Buy" on Thursday, February 2. The company was maintained on Wednesday, September 28 by UBS. As per Friday, July 31, the company rating was maintained by Liberum Capital. Investors sentiment increased to 0.88 in Q4 2016. Since February 1, 2017, it had 0 insider buys, and 6 selling transactions for $22.09 million activity.
  • Iraq's Crude Oil Production Is near a 9-Month Low

    Economy

    Oil prices snapped a four-day winning streak to settle lower Tuesday as traders were looking for excuses to lock in gains after recent sharp rally. Oil prices have gained support from the supply cut pact but high inventories and rising U.S.
  • For The First Time, More Americans Want Trump Impeached Than In Office

    Economy

    I'm praying that Democrats will take control of the Senate in the mid-term elections and impeach the bastard. Analysts started tossing around "obstruction of justice", so a formal call for impeachment seemed inevitable. As news of tumult in the White House continues to shock the world, users on betting sites are growing near certain that the President Donald Trump is headed back to his glass and gold tower.
  • Court upholds suspended sentence for Pirates' Kang over DUI

    Court upholds suspended sentence for Pirates' Kang over DUI

    Economy

    Prosecutors had initially recommended a court fine but the court handed down the suspended sentence, citing the gravity of the situation. The Seoul Central District Court dismissed Kang's appeal of a suspended two-year prison sentence over charges of fleeing the scene after crashing a vehicle into the guardrail while driving drunk, a court official said.
  • Trump slams federal probe into his alleged Russian Federation ties as 'witch hunt'

    Economy

    The counsel is not required to consult with or keep informed the attorney general or deputy attorney generals on the course of the probe. CORRECTION: An earlier version of this article said Robert Mueller was appointed Tuesday. The Russia matter has consumed Washington and overshadowed Republican legislative priorities including a planned healthcare overhaul and sweeping tax cuts, something the party had hoped to make rapid progress on given its control of the White House and both chambers ...