Home Business Page 3

Business

From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.

Here’s what to await from Amazon earnings Thursday

Amazon is estimated to post first-quarter profit of $1.26 per share, down from the $1.48 per share reported a year ago, according to a Thomson Reuters consensus estimate. Revenue is expected to be $49.79 billion, up 39 percent from last year's $35.71 billion. Investors will look for comments around President Trump, AWS, and future investments…

AMD shares waft as Wall Boulevard says chipmaker’s new merchandise are a ‘reason to...

Advanced Micro Devices reported better than expected earnings results and gave strong sales guidance Wednesday. "AMD turned in a solid beat and raise to estimates as the company's new Ryzen Desktop CPU, Vega, GPU and Epyc server CPU are gaining traction within their various markets," Stifel's chip analyst writes Thursday. Norbert Millauer | AFP |…

Subway to shut 500 restaurants sometime of the US

Subway is projecting it will close roughly 500 U.S. sandwich shops. It will meanwhile open about 1,000 locations worldwide. The restaurant chain is in the process of remodeling some locations and testing new menu items. Joe Raedle | Getty Images News | Getty Images A Subway restaurant is seen as the company announced a settlement…

Facebook is investigating whether or now not secretive agency Palantir had ‘contaminated’ acquire admission...

CTO Mike Schroepfer faced a grilling Thursday from U.K. lawmakers in the wake of the Cambridge Analytica data scandal. The data of 87 million Facebook users was harvested and sent to Cambridge Analytica. Palantir confirmed earlier this year that one of its staff had links to Cambridge Analytica. Chip Somodevilla | Getty Images Mark Zuckerberg…

AMD CEO Lisa Su says boost is coming from gaming and files facilities, no...

AMD CEO Lisa Su appeared on CNBC's "Squawk on the Street" on Thursday morning. AMD beat first quarter earnings estimates on Wednesday sending the stock up more than 11 percent in after hours trading. Su said gaming and data centers are core markets moving forward — and that talk about blockchain can be a bit…

Trump: Michael Cohen handled simplest ‘a small, small piece’ of my like minded work

Kevin Lamarque | Reuters Donald Trump President Donald Trump on Thursday sought to distance himself from his longtime personal lawyer, Michael Cohen, telling Fox News hosts that Cohen handled only a "tiny, tiny fraction" of his "overall legal work." Cohen, who has served as Trump's lawyer for more than a decade, is under federal investigation…

Instant-vendor Jim Chanos bets in opposition to two successfully being-care corporations: They ‘will doubtless...

Short-seller Jim Chanos says he's taken positions against health-care stocks Envision Healthcare and Mednax. "I'm betting these companies might be worth nothing," he adds. show chapters Chanos: Winter is coming to US health-care system    20 Mins Ago | 01:39 Short-seller Jim Chanos told CNBC on Thursday that he's taken positions against health-care stocks Envision Healthcare…

US sturdy items orders rose 2.6% in March, vs 1.6% elevate anticipated

Tim Boyle | Bloomberg | Getty Images A shopper looks at washers and dryers in Glenview, Illinois. Orders for long-lasting manufactured goods rose 2.6 percent in March, but a key category that tracks business investment spending fell for the third month out of the past four. The Commerce Department says the big rise in orders…

Elon Musk’s mountainous ambitions shall be killing Tesla

show chapters Elon Musk's big ambitions may be killing Tesla    1 Hour Ago | 04:42 Elon Musk has a lot going on. And it may be coming at the expense of his core business — Tesla. Let's go back to the company's start. Tesla was founded by friends of Musk in 2003, just one year…

Shares making the supreme strikes premarket: GM, UPS, LUV, DNKN, PEP, DHI, HSY &...

Spencer Platt | Getty Images Check out the companies making headlines before the bell: General Motors – GM earned $1.43 per share during the second quarter, beating the consensus estimate of $1.24 a share. Revenue also topped forecasts, amid record revenue in China and for GM's finance unit. United Parcel Service – UPS beat estimates…