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Uber Loses at Least $1.2 Billion in First Half of 2016

After touting profitability in the U.S. early this year, the ride-hailing company is said to post second-quarter losses exceeding $100 million. The ride-hailing giant Uber...

ES Morning Update August 29th 2016

New falling trendlines drawn that should be resistance on any rally.  The one in blue is a channel and should be smaller resistance then the...

Global central bankers, stuck at zero, unite in plea for help from governments

Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a...

Brexit may send EU ‘down the drain’ – German vice chancellor

Germany's vice-chancellor has warned the future of the EU could be in doubt if the UK's exit is handled badly. Sigmar Gabriel said the EU...

Tesla’s Elon Musk says new car battery is a milestone

Tesla Motors has unveiled a new battery pack for the performance versions of its Model S and X cars that will extend the range and...

Apple could be on the hook for $US19 billion in taxes

The European Commission is expected to levy a judgment against Apple in the next few months that could total in the billions of euros. JP...

ES Morning Update August 26th 2016

Here we are again waiting on the Fed's to speak. It's sad to think how much power they have to move the market and how...

As central bankers gather, some at Fed make interest rate rise case

As central bankers converge on this mountain resort Thursday for an annual conference on monetary policy, a couple of top Federal Reserve officials took the...

How Walmart Won Back Shoppers From Dollar General

The world’s largest retailer hit its dollar store competitor, hard. Dollar General DG -17.63% has been cutting prices by about 10% on hundreds of staples...

ES Morning Update August 25th 2016

We finally had a decent pullback yesterday and it looks to continue into this mornings' open.  But there's a ton of support just below so...