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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

The Wall Street Journal

Google Parent Posts Surge in Profit, but Expenses Also Jump

Tue, Apr 24, 2018

Alphabet posted surging profits as advertisers kept swarming to the search giant amid a global debate about internet privacy that threatens to affect its main revenue generator....

How Europe's New Privacy Rules Favor Google and Facebook

Tue, Apr 24, 2018

Big tech companies gain while smaller online ad firms are squeezed under the European Union’s General Data Protection Regulation, which takes effect in May....

Sears CEO Calls for Breakup, Offers to Acquire Kenmore

Mon, Apr 23, 2018

Edward Lampert is once again carving up Sears in a bid to save his retail empire, offering to purchase the Kenmore appliance brand and other Sears units after the struggling company was unable to find other buyers....

Chinese Ride-Hailing Giant Didi Chuxing in Talks for IPO

Tue, Apr 24, 2018

Didi Chuxing Technology is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, as it looks to amass a large war chest to fend off rivals in China and other countries....

EU Probes Apple's Planned Acquisition of Shazam

Mon, Apr 23, 2018

European Union antitrust authorities opened a full probe into Apple’s proposed acquisition of the popular song-recognition app Shazam on concerns it could reduce choice for users of music-streaming services. ...

Why the French President Has the Best Chance to Temper 'America First'

Mon, Apr 23, 2018

Emmanuel Macron, who is visiting Washington, is a suave globalist, in contrast to Donald Trump, who is a brash nationalist. But the French leader may stand a better chance of drawing the U.S. president back into the global fold than anyone....

Europe Confronts Blowback From U.S. Economic Moves

Mon, Apr 23, 2018

German Chancellor Angela Merkel and French President Emmanuel Macron visit Washington this week with strains hanging over European economic relations with the U.S....

U.S. Existing-Home Sales Rose in March

Mon, Apr 23, 2018

Sales of previously owned homes ticked up in March from February but were below year-earlier levels as tight inventories, rising mortgage rates and high prices hurt the start to the spring selling season....

Trump's Message to Congress: New Nafta or No Nafta

Tue, Apr 24, 2018

The Trump administration is pushing hard to finish talks on Nafta over the next two weeks and is considering tough tactics to get Congress to approve a new deal....

Netflix Breaks Up Audience Romance With Telenovela

Tue, Apr 24, 2018

New competitors are forcing Televisa and other Latin American broadcasters to develop real-life, edgier dramas and crime stories to replace the torrid romances that once enthralled millions. ...