10/5/2023 0 Comments Twtr ticker![]() A Gulf Property developer and Dubai-based retail conglomerate Al Tayer Group say they plan to open both stores in a new shopping center being built in the United Arab Emirates' capital of Abu Dhabi. The Middle East will be getting the first Macy's department store outside the United States, and just for good measure, its second Bloomingdale's, too. The Fed is winding down its $4 trillion bond-buying program, known as quantitative easing Investors may be cautious before Wednesday's statement from the Federal Reserve about a possible timeline for raising interest rates. ![]() Stock market futures rose this morning after a mixed close for Wall Street Monday. He told a tech industry conference he is "looking for partners." movies to China, along with other products. The Alibaba founder says he wants to bring U.S. Ma is visiting Hollywood film studios this week. Cook says he plans to talk with Jack Ma, executive chairman of the Chinese e-commerce giant Alibaba, about a possible partnership. CVS and Rite Aid, part of group of companies linked to a rival payment service, disabled Apple Pay in their stores. But it's not accepted by a number of large retail chains. Cook says Apple Pay is now more widely used than any competing payment system. And Twitter executives say its reach is much more than its 284 million users and that many people see the website without logging on.Īpple CEO Tim Cook is calling the company's new mobile payment system a success and says he's got an eye on China. To appeal to more people, Twitter has tried to make it easier for people to sign up, and its user base grew 23 percent. Adjusted earnings matched expectations at 1 cent a share. At least three Wall Street analysts downgraded the stock the day after Twitter posted a $175 million loss. The social media and mobile messaging company's shares plunged more than 11 percent despite a jump in third-quarter revenue that more than doubled from last year. Twitter is growing in global popularity, but not enough for skittish investors. (Photo Credit: Bethany Clarke/Getty Images)
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