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A Fed interest rate cut is in the bag. What then?
SAN FRANCISCO (Reuters) – U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That’s the easy part. FILE PHOTO: Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on …
Nebraska man helped develop NASA technology that allowed pictures from the moon | Nebraska News
AURORA — The 50th anniversary of man’s first landing on the moon stirred unique and special memories this month for the children of a lunar pioneer who played a role in providing those iconic images being beamed back to Earth. Several years before establishing International Sensor Systems Inc. and moving his young family to Aurora, …
Alibaba welcomes U.S. small businesses to sell globally on its platform
NEW YORK (Reuters) – Chinese e-commerce giant Alibaba Group Holdings Ltd (BABA.N) will now allow small businesses in the United States to sell on Alibaba.com, the company said on Tuesday, an effort to tap into the business-to-business e-commerce market and fend off fierce competition from rivals like Amazon.com Inc (AMZN.O). FILE PHOTO: A logo of …
Frenzied debut of China’s Nasdaq-style board adds $44 billion in market cap
SHANGHAI (Reuters) – Trading on China’s new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the board’s combined market capitalization and beat veteran investors’ expectations. Sixteen of the first batch of 25 companies – ranging from chip-makers …
Man Run Over By Suspects After Taking Pictures Of Them Breaking Into Cars In SF – CBS San Francisco
SAN FRANCISCO (KPIX) – A car burglary victim was mowed down when he tried to take pictures of two suspects breaking into cars in a San Francisco parking lot. It happened Tuesday, around 4 p.m. on 34th Avenue, near the Legion of Honor. According to police, the victim was taking pictures of 2 suspects breaking …
U.S. job growth seen accelerating, rate cut still expected
WASHINGTON (Reuters) – U.S. job growth likely rebounded in June, with wage gains expected to pick up, but that would probably not be enough to discourage the Federal Reserve from cutting interest rates this month amid growing evidence the economy is slowing. FILE PHOTO: A “Now Hiring” sign sits in the window of Insomnia Cookies …
Why Caution Is Needed With Those Hail Pictures In Mexico
Updated on July 2nd, 7:50 ET Did you see the tremendous pictures of hailstones piling up in parts of Mexico this week? It is certainly an extraordinary spectacle. Words like “freak” or “epic” storm are being used to describe the event. According to the Accuweather writer Amanda Schmidt, The Mexican city of Guadalajara woke up …
Ethiopia’s army chief, top regional officials killed in northern coup attempt
ADDIS ABABA (Reuters) – Ethiopia’s army chief of staff and the regional president of the northern state of Amhara were killed in two related attacks when a general tried to seize control of Amhara in an attempted coup, the prime minister’s office said on Sunday. Amhara state president Ambachew Mekonnen and his advisor were shot …
Target says registers back online, blames outage on technology issue
(Reuters) – Target Corp on Saturday said its payment registers were back online after a systems outage stopped customers in the United States from paying for in-store purchases. The outage was caused by an “internal technology issue” that lasted for about two hours and was not a data breach or security-related issue, Target said in …
Under pressure, Biden drifts leftward on abortion, climate change
WASHINGTON (Reuters) – The Joe Biden Express to the 2020 Democratic presidential nomination went a bit off track this week. FILE PHOTO: Democratic 2020 U.S. presidential candidate and former Vice President Joe Biden speaks at a campaign stop at the IBEW Local 490 in Concord, New Hampshire, U.S., June 4, 2019. REUTERS/Brian Snyder/File Photo Since …
GE Is Touting Its Health-Care Business, but It Isn’t Helping the Stock