Business

What Amazon’s fresh headquarters could mean for rents

As in various other cities in which have experienced such booms, the growth has led to tensions. Longtime residents, many of them African-American, have been displaced, in addition to the city’s homeless population has grown. A recent study commissioned by the mayor’s office found in which the city had lost 18,000 affordable housing units since 2000. in which gap could ...

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T-Mobile as well as Sprint are aiming to clinch a deal as early as next week: Reuters, citing sources

U.S. wireless carriers T-Mobile US Inc TMUS.O as well as Sprint Corp S.N have made progress in negotiating merger terms as well as are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday. T-Mobile majority-owner Deutsche Telekom DTEGn.DE as well as Japan’s SoftBank Group Corp 9984.T, which controls Sprint, are ...

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Boeing Earnings Q1 2018 crush estimates

Faster production helped Boeing deliver even more airplanes within the first quarter, boosting profits in addition to bringing the company a step closer to its long-term goals for manufacturing efficiency. The strong start to 2018 enabled the aerospace giant to raise its full-year earnings forecast by 50 cents, to a range of $16.40 to $16.60 per share, while maintaining its ...

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AI could lead to a nuclear war by 2040, RAND Corporation warns

The researchers pointed to a nuclear false alarm incident in 1983 as a cautionary tale for the post-Cold War development of AI. In 1983, former Soviet military officer Stanislav Petrov spotted a warning via computers in which the U.S. had launched several missiles. The warning was wrong, as well as Petrov, who died late last year, has been credited since ...

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BA, CMCSA, TWTR, ANTM, VIAB & more

Check out the companies generating headlines before the bell: Boeing – The jet maker earned an adjusted $3.64 per share for the first quarter, easily beating the $2.58 consensus estimate. Revenue beat the Street as well, as well as Boeing also raised its full-year forecast. Comcast – The NBCUniversal as well as CNBC parent formalized a $31 billion offer for ...

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First quarter pretax profit of $2.4 billion

much better income at its investment bank helped Barclays report a better than expected first quarter pretax profit of 1.7 billion pounds ($2.4 billion) on Thursday, although fines as well as legal costs through historic misconduct issues led to a statutory loss. Barclays took a 1.4 billion pound hit through its settlement with the U.S. Justice Department over the sale ...

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Nintendo expects 27% annual profit jump on strong Switch sales

Japan’s Nintendo Co Ltd said on Thursday which expects operating profit to rise 26.7 percent within the year through March to a nine-year high, as its Switch games console maintains sales momentum in its second year. Nintendo estimated profit to reach 225 billion yen ($2.06 billion) through 177.56 billion yen a year prior. If achieved, which could be Nintendo’s highest ...

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