Jason Katz, managing director and senior portfolio manager at UBS, shares his thoughts on the volatility of the market and the presidential election. TOKYO – Asian stimulus on Asian and U.S. stocks on Thursday may come after all the optimistic optimism after all, as President Donald Trump appeared to reverse …
Read More »Samsung’s earnings boost smartphone sales, US sanctions on Huawei
The South Korean organization said Thursday it expects an operating profit of about 12.3 trillion won (10. 10.6 billion) in the July-September quarter. Which is 58% more than the same period a year ago. The 26% profit bump forecast by data provider Refinitive also beat analysts by this estimate. Samsung …
Read More »Roscosmos says the space station air leak has finally separated further
On Tuesday, September 29, the Russian State Space Corporation (Roscosmos) announced that astronauts aboard the International Space Station (ISS) had found the source of a suspicious leak. The crew of the expedition – NASA astronaut and commander Chris Cassidy and Russian cosmonauts Anatoly Ivanishin and Evan Wagner – had been …
Read More »Scientists are looking for clues to understand the shape of black holes
Black Hole Credit: ARC Center for Excellence in Gravity Wave Discovery A team of gravitational wave researchers led by the ARC Center Excel for Excellence for Gravitational Wave Discovery (Ozgrav) reported that when two black holes collide and merge, the residual black hole is not once, but often intense gravitational …
Read More »Regulators have fined Citigroup 400 400 million over ‘serious ongoing deficiencies’
Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
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