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PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

December 12, 2017 by  
Filed under News

SEATTLE (Reuters) – PepsiCo Inc has reserved 100 of Tesla Inc’s new electric Semi trucks, the largest known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday.


Source: Reuters Business News

Tezos director resigns, sowing more uncertainty at crypto startup

December 12, 2017 by  
Filed under News

LONDON/ZURICH (Reuters) – One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.


Source: Reuters Business News

U.S. producer prices rise strongly, point to firming inflation

December 12, 2017 by  
Filed under News

WASHINGTON (Reuters) – U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain in nearly six years.


Source: Reuters Business News

Twitter to let users make tweet threads more easily

December 12, 2017 by  
Filed under News

(Reuters) – Twitter said on Tuesday it would add a pair of buttons that will allow users to more easily see and add new tweets to existing ones on the same topic.


Source: Reuters Business News

S&P, Dow at record levels as Boeing, bank stocks gain

December 12, 2017 by  
Filed under News

(Reuters) – The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate.


Source: Reuters Business News

Hackers hit U.S., Russian banks in ATM robbery scam: report

December 11, 2017 by  
Filed under News

FRANKFURT (Reuters) – A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.


Source: Reuters Business News

Newly minted bitcoin futures indicate more modest growth ahead

December 11, 2017 by  
Filed under News

NEW YORK/SYDNEY/LONDON (Reuters) – Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew.


Source: Reuters Business News

Wall Street higher as technology, energy stocks gain

December 11, 2017 by  
Filed under News

(Reuters) – Technology and energy stocks gained in early afternoon trading on Monday, helping Wall Street shake off uncertainties following an explosion at one of New York’s busiest commuter hubs.


Source: Reuters Business News

Apple confirms deal to buy music discovery app Shazam

December 11, 2017 by  
Filed under News

SAN FRANSICO (Reuters) – Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.


Source: Reuters Business News

Verizon to pay $2.25 billion to NFL for five-year streaming deal: source

December 11, 2017 by  
Filed under News

NEW YORK (Reuters) – Verizon Communications Inc will pay around $2.25 billion for a five-year partnership with the National Football League that allows users to stream games on its Yahoo and go90 platforms as well as on mobile devices, a source told Reuters on Monday.


Source: Reuters Business News

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