News

Intel Found a New CEO After Seven Months of Searching

Intel Found a New CEO After Seven Months of Searching

FEB 3, 2019 58 year old Bob Swan become a new CEO of Intel, the microprocessor manufacturer announced. Swan worked as the CFO since 2016, and he worked as the CEO since June 2018.
Tesla Made a Loss of a Billion Dollars and Dismissed its CFO

Tesla Made a Loss of a Billion Dollars and Dismissed its CFO

FEB 1, 2019 Tesla published a report on the results of the 4th quarter and the whole 2018. During the quarter, the company earned a profit of $139 million and unprecedented revenue of $7.2 billion.
Fidelity Will Launch a Cryptocurrency Storage Service

Fidelity Will Launch a Cryptocurrency Storage Service

JAN 31, 2019 The start of the cryptocurrency storage service from Fidelity Investments, which assets under management amount to $2.5 trillion, may take place in March, CoinDesk reports. According to sources, the system of the division of Fidelity Digital Asset Services LLC (FDAS) has been already operating, and it is used to store digital money currently.
Nissan Is Being Investigated in the USA

Nissan Is Being Investigated in the USA

JAN 30, 2019 The US Securities and Exchange Commission (SEC) is conducting an investigation of Nissan, the Japanese motor manufacturer, concerning payments to the Company’s managers.
S&P 500 and Nasdaq Was Up, and Dow Declined Due to Concern About Trade

S&P 500 and Nasdaq Was Up, and Dow Declined Due to Concern About Trade

JAN 29, 2019 The S&P 500 and Nasdaq indexes closed Thursday’s trade in the positive territory, while the Dow slightly declined, as continuing concerns about a slowdown in the global economy and trade contradictions between the US and China have negated optimism about companies’ reports.
The British Pound Reached a Peak for 11 Weeks

The British Pound Reached a Peak for 11 Weeks

JAN 28, 2019 The British pound reached a peak of 11 weeks on Friday after The Sun reported that the Democratic Unionist Party of Northern Ireland decided to support the Brexit plan proposed by Theresa May next week.
Hyundai Motor Net Profit for 2018 Decreased Almost 3 Times

Hyundai Motor Net Profit for 2018 Decreased Almost 3 Times

JAN 26, 2019 The net profit of Hyundai Motor, a South Korean automobile manufacturer, in 2018 decreased by 2.8 times compared with 2017 – to 1.65 trillion KRW (1.5 billion USD), follows from the Company’s report.
IBM Shares Appreciated by 10% and Showed the Fastest Growth in Ten Years

IBM Shares Appreciated by 10% and Showed the Fastest Growth in Ten Years

JAN 25, 2019 Shares of IBM, the American manufacturer of computers and software components, appreciated by 10.2 percent during trading on January 23, according to trading data on the New York Stock Exchange (NYSE).
The European Commission Fined Mastercard for €570 Million

The European Commission Fined Mastercard for €570 Million

JAN 24, 2019 The European Commission fined the Mastercard payment system for €570.6 million ($648.3 million) for abusing the dominant position in the EU non-cash transaction market.
Telegram Will Launch a Blockchain Platform and Cryptocurrency in March 2019

Telegram Will Launch a Blockchain Platform and Cryptocurrency in March 2019

JAN 23, 2019 Telegram prepares to launch a working version of TON (a blockchain platform) and Gram (its own cryptocurrency) in March 2019 they will be available to all.