China's government on Monday accused the United States of trying to block its industrial development by alleging that Chinese mobile network gear poses a cybersecurity threat to countries rolling out new internet systems.READ MORE...

This compares to loss of $1.81 per share a year ago.  Earnings showed surprise growth of 4.24%.A quarter ago, it was expected that this biopharmaceutical company would post a loss of $1.69 per share when it actually produced a loss of $1.63, delivering a surprise of 3.55% growth.

Prothena Corporation had mixed results for Q4 2018.The company reported a loss of $0.56 per share, narrower than the Street's estimate loss of $0.96 cents and the year-ago loss of $1.24. “In 2018, we continued to advance our neuroscience pipeline of novel investigational therapeutics towards key milestones,” said Gene Kinney, Ph.D., President and Chief Executive Officer of Prothena. The company’s shares have lost 12.1% in the past six months compared with the industry's decline of 11.8%.

The European Union vowed prompt retaliation if the U.S. follows through on a threat to impose tariffs on imported vehicles, as trans-Atlantic trade tensions showed no signs of easing. Read more...

The fintech start-up processes debit payments on behalf of businesses, and sees substantial opportunity in B2B and  subscription-based services among other recurring payment markets.Set up in 2011, it currently processes payments for more than 40,000 merchants, and more than $10 billion worth of transactions each year, according to the firm. CEO and co-founder Hiroki Takeuchi hopes to use the proceeds from the latest round of funding towards expanding operations in the U.S.

General Mills (GIS +1%) says it approved certain restructuring actions to drive efficiencies in targeted areas of its global supply chain by consolidating production and optimizing labor, logistics and manufacturing platforms. Read More...

British online payments start-up GoCardless has landed a $75 million investment backed by U.S. tech giants Alphabet — the parent company of Google — and Salesforce. Read More...

Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No.6 on Forbes' list of the world's most valuable brands in 2018, with a whopping $57.3 billion value. READ MORE...

Starbucks will launch its first all-day dining cafe in Shanghai, featuring fresh Italian food, the U.S. coffee giant said in a statement on Friday. The move signals part of the company’s effort to “to play the long game in China,” according to Belinda Wong, CEO of Starbucks China.READ MORE...

Amazon is one of the world's most valuable companies, valued at nearly $800 million, and the e-commerce giant pulled in $232.9 billion in global revenue in 2018. And yet, Amazon's federal tax bill this year: $0.READ MORE...

Most CEOs would not balk at the idea of Apple buying their company. But Epic Systems CEO Judy Faulkner is not like most CEOs.READ MORE...

government debt yields held steady on Friday as market participants continued to monitor trade talks between China and the U.S. and awaited fresh data. At around 4 p.m.READ MORE...

breakfast cereal behemoth Kellogg’s is reportedly considering an investment in Indian snacks foods company Haldiram's, as reported by Indian newspaper The Economic Times citing anonymous sources familiar with the matter. Haldiram’s is a 25 year old company, and its major hubs are Indian cities Delhi, Nagpur and Kolkata.But some members of the family-owned Haldiram’s are reportedly considering possibilities of an initial public offering (according to the Economic Times).

Oracle rebounds Friday, after getting dumped by the Oracle of Omaha's company on Valentine Day. On Thursday February 14, Warren Buffett’s Berkshire Hathaway disclosed that it had divested its entire stake in software company Oracle – leading to Oracle shares tumbling that day.But the very next day, the stock price increased almost +1%. According to Berkshire’s regulatory filing, the conglomerate dumped all of the 41.4 million Oracle shares worth around $2.13 billion that it had held as of the end of the third quarter.

Q: I read your answer about annuities and wondered about something.Is that true? READ MORE...

(Bloomberg) -- Goldman Sachs Group Inc. is doubling down on its bullish outlook for oil. The bank still forecasts that global benchmark Brent crude will hit $67.50 a barrel next quarter, driven by healthy demand and supply curbs by OPEC and its allies such as Russia, analysts including Damien Courvalin said in a Feb. 12 report.Goldman’s estimate is about 7 percent higher than current price levels. READ MORE...

General Motors (GM) just unveiled its electric bicycle in a bid to arm itself against an uncertain future for cars. The largest U.S. automaker on Thursday released the name of its bike, Ariv, and said it will start taking orders in select countries in Europe. READ MORE...  

XPO Logistics Inc. missed fourth-quarter earnings & sales expectations, causing its stock to plummet around -17% Friday. The transportation and warehousing company reported adjusted earnings of 72 cents a share, lower than analysts' expectations of 84 cents. Quarterly revenue came in at $4.39 billion, missing analysts’ estimate of $4.56 billion.XPO indicated that reduction of business from its largest customer pulled back revenue by $46 million in the fourth quarter. For full year 2019, XPO is predicting revenue growth in the range of 3% to 5%, with organic revenue growth of 4% to 6%.

Following a crowd-sourcing campaign, American automaker giant General Motors has finalized the brand name for its newly produced electric bicycles: Ariv.Riders will need to charge their battery approximately once every 3.5 hours enabling 64km (40 miles) of ride time on a single charge.

In a high voltage negotiation between the presidents of the world’s two largest economies — U.S. and China — the leaders reached a temporary truce to address the trade imbalance. US President Donald Trump agreed to maintain a 10% tariff on $200 billion worth of Chinese goods and to not raise them to 25%, for now.In return, China confirmed its intentions to buy a substantial quantity of various categories of goods, like agriculture or energy, from the U.S to help reduce trade disputes between the two countries. In light of this agreement, China’s economic-planning agency proposed to make large purchases of U.S. semiconductors with a target set at $200 billion over the next six years – a five-fold increase over current exports.