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UK Retailer Tesco Suspends Supplier As Girl Discovers Secret Letter Alleging Prison Labor Abuse
Monday, December 23, 2019 - 2:44am | 385British supermarket giant Tesco plc (OTC: TSCDY) on Sunday said that it had suspended a Chinese supplier of Christmas cards after a secretive letter in one of the cards alleged forced labor. What The Letter Alleged “We are foreign prisoners in Shanghai Qingpu Prison China. Forced to work...
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'Cutting Edge' Collaborative Intelligence Startup Algo.ai Joins Nvidia Inception Accelerator
Thursday, September 27, 2018 - 1:28pm | 926Algo.ai, a Troy, Michigan-based startup with a collaborative intelligence platform used by suppliers to major retailers, is joining NVIDIA Corporation (NASDAQ: NVDA)’s Inception accelerator program. The Nvidia accelerator provides Algo.ai with resources as it continues to develop deep...
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Wal-Mart's U.K. Business Is Getting 'Battered' By Competition, Bloomberg Says
Friday, August 26, 2016 - 8:41am | 419Wal-Mart Stores, Inc. (NYSE: WMT)'s turnaround story appears to be playing out as planned, and the company is well positioned for continued growth, especially in the domestic business. However, with a lot of the focus on the domestic business, many investors may be ignoring Wal-Mart's international...
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Price Pressure In The Eurozone Adds To Calls For A 'Brexit'
Thursday, January 8, 2015 - 5:01pm | 376Data out Wednesday showed that consumer prices in the eurozone fell 0.2 percent in December, something many believe is the beginning of a lengthy period of deflation within the bloc. Some eurozone companies claim that the damage from falling inflation has been offset by a weaker euro, but the...
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#PreMarket Primer: Monday, July 21: West Warns Russia 'For The Last Time'
Monday, July 21, 2014 - 7:20am | 1148After a Malaysian Airlines passenger plane was shot down in Ukraine on Thursday, tension between the West and Russia grew as accusations over who shot the missile flew between the Ukrainian government and pro-Russian separatists. On Sunday, US Secretary of State John Kerry said it was clear...
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Netflix, Akamai and Other Stocks Insiders are Buying
Wednesday, May 2, 2012 - 7:19am | 990Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Barron's Recap: Home Prices on the Rebound, the BATS Global Markets IPO
Sunday, March 18, 2012 - 11:05am | 877This weekend in Barron's online: signs point to a rebound in U.S. home prices, a look at Total, Novartis and Qualcomm, as well as the IPO of the third-largest stock exchange in the United States. Cover Story “Home Prices Ready to Rebound” by Jonathan R. Laing. U.S. home prices have fallen 34%...
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News Corporation in Hot Water over Hacking of Murdered Teen's Phone
Wednesday, July 6, 2011 - 8:02am | 456Rupert Murdoch's News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) is at the center of a scandal that has engulfed the United Kingdom and threatens to derail the company's attempt to acquire British Sky Broadcasting Group, also known as BSkyB. News Corporation is under fire because of allegations that...
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Vodafone (VOD) Shifts 50,000 iPhones On First Day
Friday, January 15, 2010 - 7:33am | 258Vodafone (NASDAQ: VOD) today became the fourth mobile phone operator in the UK to stock the iPhone, shipping 50,000 of the Apple devices to customers who pre-registered with the company. There are reports of queues forming in some of Vodafone's 400 high street stores, despite the fact that the...