Ilhan Omar barely fends off primary challenger boosted by right-wing PAC money and “nasty attacks”

U.S Rep. Ilhan Omar on Tuesday narrowly fended off a Democratic primary challenger whose campaign was bankrolled in part by a GOP operative, corporate lobbyists, and prominent Minnesota businessmen. Omar, a stalwart progressive who has been a frequent target of racist right-wing attacks and death threatsprevailed by fewer than 3,000 votes, a far closer contest than … Read more

Vodafone boosted by growth in UK business

Vodafone’s UK business helped drive improved performance across Europe in the first quarter, as it benefited from increasing customer numbers, price rises to contracts and higher roaming and visitor revenue. Service revenue, a key metric that includes sales from contract payments, network use and roaming but not handsets, at the UK business picked up 6.5 … Read more

Wall Street closes higher boosted by strong Tesla earnings

Breadcrumb Trail Links PMN Business Author of the article: Article content Wall Street’s main indexes rose on Thursday boosted by a late-afternoon rally and gains in heavyweight growth stocks, including Tesla. The tech-heavy Nasdaq added 1.4% to lead the gains while the S&P 500 closed at its highest level since June 9. The Dow Jones … Read more

Netflix’s Hastings: One ‘single thing’ boosted company’s Q2 performance

Ethan Miller/Getty Images News Subscriber numbers. Plans for launching an advertising-supported membership option. Efforts to monetize the sharing of its members passwords. It goes without saying there was a lot on the table for Netflix (NASDAQ:NFLX) executives to talk about Tuesday on a conference call to discuss the streaming TV kingpin’s second-quarter business results and … Read more

Wise boosted by customers transferring money before currency volatility worsens

Revenues at UK fintech Wise rose 50 per cent in the past quarter, as customers brought forward money transfers amid fears of greater volatility later in the year. The volume of money transferred by the company increased to £24.4bn in the three months to June 30, from £16.4bn in the same period last year. Revenues … Read more