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Wednesday, June 19, 2019
Shantanu Narayen, CEO, AdobeMark Neuling | CNBCAdobe shares rose more than 3% after hours on Tuesday after the company announced better-than-expected earnings for the second quarter of its 2019 fiscal year, which ended on May 31, and lighter-than-expected guidance.Here are the key numbers:Earnings: $1.83 per share, excluding certain...
Mark Zuckerberg just took a page out of Jeff Bezos' book on innovation and leadership. Facebook just announced it would release its own cryptocurrency, Libra, to provide cheap, accessible financial services to those without bank accounts. Facebook hopes to bring in more ad revenue...
NEW YORK (Reuters) - Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were rekindling trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade...
Jonathan Nicholson | NurPhoto | Getty ImagesShares of Western Union fell Tuesday as excitement around the potential of sending money internationally without fees with Facebook's new cryptocurrency took a bite out of the money exchanging company.Western Union was one of the the worst performing stocks on the S&P...
Just a week before OPEC and allies were set to meet in Vienna to discuss the fate of the production cut deal expiring in less than two weeks, participants are still debating when to hold the crucial talks, with OPEC discussing a proposal to...
FILE PHOTO: Federal Reserve Board Chairman Jerome Powell delivers the Federal Reserve’s Semiannual Monetary Policy Report to the House Financial Services Committee on Capitol Hill in Washington, U.S., February 27, 2019. REUTERS/Joshua Roberts/File PhotoWASHINGTON (Reuters) - White House economic adviser Larry Kudlow on...
Cyberattacks are monitored at the U.S. Computer Emergency Readiness Team/National Cybersecurity and Communications Integration Center facility in Arlington, Virginia. But tech execs believe there is a disconnect on cybersecurity between the public and private sectors.Getty ImagesTechnology executives don't expect the government to help them if they're hit by...
Lululemon launches a line of body-care items including a face moisturizer and lip balm.Source: LululemonLululemon knows that where there's exercise, there's sweat.In an effort to grow beyond its core apparel business, the maker of trendy yoga pants and patterned sports bras began on Tuesday to sell personal-care products...
FILE PHOTO: The company logo and ticker symbol for The Kellogg Company, is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid/File Photo(Reuters) - Kellogg Co said on Tuesday it would take a pretax...
Facebook shares rose in premarket trading after the tech giant unveiled its part in a new digital currency, or so-called "cryptocurrency," that will be known as Libra.The company is the leader of a group of companies and organizations that is building Libra. The cryptocurrency is expected to...

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