Thinker Express

News for nerds

U.S. consumers grew more pessimistic in July after two months of improvement

After two months of feeling slightly better about their odds in the labor market, Americans grew more pessimistic in July, according to a survey released Monday by the New York

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Denmark angry at Google censorship of some Danish content, seeks talks

Denmark, angry at Google’s censorship of some Danish content over an argument over copyright, said on Monday it was seeking talks with the Alphabet-owned tech giant. Google removed all music

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Saudi Aramco to press ahead with plan to boost output capacity, CEO says

Saudi Aramco (2222.SE) is moving ahead with plans to boost crude output capacity by 1 million barrels per day (bpd) to 13 million bpd despite cuts in capital expenditure this

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Duke takes $1.6 billion charge to exit Atlantic Coast natgas pipe

U.S. energy company Duke Energy Corp said Monday it took a $1.6-billion after-tax charge in the second quarter for the cancellation of the Atlantic Coast natural gas pipeline from West

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Federal Reserve announces post-stress test capital ratios for large banks

The U.S. Federal Reserve announced on Monday how much each large bank that underwent its 2020 stress tests will have to hold in additional capital. The results mark the first

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Unilever would scrap HQ move if Dutch ‘exit tax’ law enacted

Anglo-Dutch consumer goods company Unilever (ULVR.L) (UNA.AS) said in a filing on Monday that a plan to unify its headquarters in London and scrap its Dutch base might not go

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Wall Street bonuses likely to tumble, job cuts to start in late 2020

Most Wall Street workers can expect to see their bonuses slashed this year and some jobs may be cut, according to a report published Monday by compensation consulting firm Johnson

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