December 2018 – TahoNews

Tough Times Ahead For Media Companies, Says LionTree CEO

LionTree’s Founder and CEO of investment bank, Aryeh Bourkoff has asked the media companies to buckle up and come with profit tactics and innovative ideas to remain in the market since in the coming years investors would be strict and less tolerant about companies giving average performance. Since the rising of the interest rates, deal…

Oversupply Will Keep Oil Prices Under Pressure At The Beginning Of 2019

An energy information provider, Argus Media stated that an oversupply of oil will ensure the prices are under intense pressure even after entering the New Year. However, with the passing time, the cuts of the producers will ensure the crude prices are boosted. This condition refers to the scenario in which the balance between the…

Facebook Closed Political Discussion Feature Due To Bias Allegations

Facebook’s caution of seeming biased in opposition to conservatives might have ironically cost it an effort to eliminate that bias. The media sources claim that the social media giant cancelled “Common Ground,” a program that motivated more peaceful communication between people from all over the political realm, over fears that conservatives will blame the firm…

China Considering A Law To Restrain Forced Technology Transfers

Reportedly, China is considering a new rule on foreign investment that will focus on the illegality of forced technology transfers, the process of which has been the main complaint from Washington between the current tariffs spat between the two largest economies globally. Multiple regional outlets reported on the under debate law, and Chinese news agency…

Retailers On Buying Spree As The US–China Trade War Ensues

Amy Magnus, the head of the National Customs Brokers & Forwarders Association of America, has been in the genre of trade for the past 40 years but has never experienced such an inventory by the retailers hoarding. In the United States, the warehouses are spread all over the country at a record quantity with every…

Economists Hopeful Even As Wall Street Bleeds

Stock markets in US seem to be under the grip of bear market conditions as Dow has fallen down by 4000 points and Nasdaq is no better and crude oil is in free-fall mode. Though investors are behaving as if recession is already here economists don’t seen an imminent depression around the corner. The excellent…

Amid Brexit Worries, Banks Lower Growth Estimates

Bank of England has announced that uncertainty over Brexit is affecting Britain’s economy in a negative manner so it has no other option but to cut national growth forecast. Due to weak global growth the Monetary Policy Committee (MPC) has voted to keep interest rates at 0.75 %and said that economy will grow by 0.2…

Blackberry’s Focus On Software For Automated Cars Pays Off

After suffering quite a downfall in the smartphone market, Blackberry is now attempting to lead in autonomous vehicles software market and the world of cyber security. Compared to the stock of the rest of the market, Blackberry is nailing it by an increase of 2%. This has made the brand top the forecasts of Wall…

Oil Market Faces Oversupply Problems but Expects Correction

The oil market faces oversupply problems again which are impacting prices. Oil prices are not strong enough and see a weakness early this week on Monday. Brent crude was trading lower by 10 cents at $60.18, while WTI crude was trading at $51.15, which was a decrease of 5 cents. Though the OPEC countries along…

Obamacare ‘Unconstitutional’ Rules Court

Texas state federal judge has ruled that essential parts of Obamacare which is also called Affordable Care Act (ACA) is unconstitutional as twenty states in the US had argued that the law had become invalid due to new tax rules that were brought in last year. The new law eliminated penalty for not owning health…

Instagram To Offer Better Ad Targeting By Sharing Bookmark Info

How often has it occurred of late that you have seen a product advertisement on Instagram and navigated to it but for some reason or the other have not made a purchase and bookmarked it for future reference? Probably quite a lot, However, a new tool is going to be introduced by Instagram into its…

Around 5000 Jobs To Be Sliced By Jaguar Land Rover

Jaguar Land Rover announced that by the start of next year there will be 5,000 job cuts as part of a major cost-cutting program. Job losses will be part of a £ 2.5 Billion recovery plan that the UK company will set up in January. JLR was hit by falling demand for sedans and diesel…