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Follow The Plate to Our New Home

Follow The Plate to Our New Home
Written by Louis Downey on 2017-07-14


Dear fans of The Plate,We are thrilled to announce that The Plate has a clean, new look. Expanded white space makes the text more readable, and our amazing food photos from around the world leap right off the page, and maybe, right onto your dinner plates.We will still bring you the amazing stories of how food shapes us and our environment, how people connect through meals, explore global cultures,...(Read More)

Snap shares fall below $17 IPO price for first time

Snap shares fall below $17 IPO price for first time
Written by Louis Downey on 2017-07-10


Snap Inc (SNAP.N) shares slipped below their initial public offering price of $17 for the first time on Monday, signaling waning investor confidence in the social media company's growth potential as it faces fierce competition.The stock fell as low as $16.95 in late afternoon trading before closing at $16.99 on the New York Stock Exchange, down 1.1 percent. The Snapchat owner's March market debut...(Read More)

Tech

Tech's market leadership over? Not so fast
Written by Louis Downey on 2017-07-07


NEW YORK Technology shares surrendered their leadership in the U.S. stock market over the past month, but the fast-growing group may soon resume its outperformance and maneuver back into pole position.Upcoming earnings reports for the technology sector .SPLRCT, whose profits are expected to outpace the overall S&P 500 .SPX for the 11th consecutive quarter, could lure back investors who have been...(Read More)

Asia shares cowed by Korea tensions, await Fed minutes

Asia shares cowed by Korea tensions, await Fed minutes
Written by Louis Downey on 2017-07-04


SYDNEY Asian share markets got off to a subdued start on Wednesday as simmering tensions on the Korean peninsula supported safe-harbors including the yen and gold.A holiday in the United States and a dearth of major data kept activity muted across Asia, though minutes of the Federal Reserve's last meeting due later in the day could provide some impetus.MSCI's broadest index of Asia-Pacific shares...(Read More)

Exclusive: Dropbox seeks to hire IPO underwriters - sources

Exclusive: Dropbox seeks to hire IPO underwriters - sources
Written by Louis Downey on 2017-07-01


Data-sharing business Dropbox Inc is seeking to hire underwriters for an initial public offering that could come later this year, which would make it the biggest U.S. technology company to go public since Snap Inc (SNAP.N), people familiar with the matter said on Friday.The IPO will be a key test of Dropbox's worth after it was valued at almost $10 billion in a private fundraising round in 2014.Dropbox...(Read More)

Exclusive: Trump administration concerned about U.S. firms giving financial

Exclusive: Trump administration concerned about U.S. firms giving financial 'lifeline' to Venezuela
Written by Louis Downey on 2017-06-04


WASHINGTON The Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela's government, senior White House officials told Reuters, after Goldman Sachs Group Inc came under fire for purchasing $2.8 billion of state oil company bonds at a steep discount. Venezuela’s political opposition and some U.S. lawmakers have condemned the purchase...(Read More)

U.S. weekly jobless filings fall; producer prices rebound strongly

U.S. weekly jobless filings fall; producer prices rebound strongly
Written by Louis Downey on 2017-05-11


WASHINGTON New applications for U.S. jobless benefits unexpectedly fell last week while producer prices rebounded strongly in April, pointing to a tightening labor market and rising inflation that could spur the Federal Reserve to raise interest rates in June.Labor market strength was also underscored by a sharp drop in the number of Americans on unemployment rolls to a 28-1/2-year low in the final...(Read More)

Asian stocks retreat, dollar holds near six-week high on hawkish Fed

Asian stocks retreat, dollar holds near six-week high on hawkish Fed
Written by Louis Downey on 2017-05-04


SINGAPORE Asian stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve's hawkish policy statement.At the end of its two-day meeting, the Fed kept its benchmark interest rate steady as expected, but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, a sign it was...(Read More)

Twenty-First Century Fox in talks with Blackstone to buy Tribune

Twenty-First Century Fox in talks with Blackstone to buy Tribune
Written by Louis Downey on 2017-04-30


NEW YORK Twenty-First Century Fox Inc (FOXA.O) is in talks with Blackstone Group LP (BX.N) about submitting an offer to buy Tribune Media Co (TRCO.N), one of the largest U.S. television station operators, sources familiar with the matter said on Sunday.Blackstone, the largest manager of private equity and real estate assets, would provide the cash, while Fox, the owner of Fox News Channel and other...(Read More)





Yoozpaper is a social network of online newspapers written by individuals or groups. Yoozpaper takes free articles that members write and formats them as an online newspaper.

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