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Tesla

Tesla Sets Revenue Record, Makes Profit Thanks To Pollution Credit Sales To Rivals

Tesla Sets Revenue Record, Makes Profit Thanks To Pollution Credit Sales To Rivals Via OANN: Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers. The electric car maker also affirmed its target to deliver half a million vehicles by the end of this year, a goal that […]

today10/22/2020 4

Netflix

Netflix Falls Short On New Subscribers As Pandemic Boost Fizzles

Netflix Falls Short On New Subscribers As Pandemic Boost Fizzles Via Reuters: Netflix Inc NFLX.O on Tuesday posted its weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television. The company added 2.2 million paid subscribers globally during the quarter that ended Sept. 30, missing Wall Street's target of 3.4 million and its own forecast. (Graphic: tmsnrt.rs/3jhdq7e) Earnings per share also […]

today10/21/2020 13

U.S. Retailers

U.S. Retailers Secure Stores As Worries About Election Unrest Mount

U.S. Retailers Secure Stores As Worries About Election Unrest Mount Via Reuters: This time last year, shoppers on Chicago’s Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window decorations. Now those same windows are hidden behind a wall of wood panels painted bright orange. While still open for shoppers, stores like Gucci PRTP.PA, H&M HMb.ST and Nordstrom JWN.N are also boarded up after looters targeted the […]

today10/21/2020 14

U.S. Stimulus

Stocks And Bonds Yields Climb As Investors Eye U.S. Stimulus

Stocks And Bonds Yields Climb As Investors Eye U.S. Stimulus Via Reuter: Global stocks and bond yields rose on Wednesday as Washington moved closer to agreeing a coronavirus stimulus package, pinning the dollar at its lowest for a month. he MSCI world equity index .MIWD00000PUS, which follows shares in nearly 50 countries, gained 0.1%, buoyed by a 0.5% gain for Asia-Pacific shares outside Japan .MIAPJ0000PUS. Wall Street was also set […]

today10/21/2020 4

US Vaccine

Stocks Up On US Vaccine Hopes This Year Despite China GDP Miss

Stocks Up On US Vaccine Hopes This Year Despite China GDP Miss Via Yahoo Finance: Stock markets made gains worldwide on Monday amid hopes of a coronavirus vaccine breakthrough this year, offsetting weaker-than-expected Chinese GDP data. Pharmaceutical giant Pfizer announced on Friday it would seek emergency authorisation use from regulators in the US “soon after” the third week of November, assuming positive results from trials. The news boosted most Asian […]

today10/19/2020 5

Boeing 737 Max

Europe’s Aviation Regulator Declares Boeing 737 Max Safe To Fly

Europe’s Aviation Regulator Declares Boeing 737 Max Safe To Fly Via CNBC: Europe’s aviation regulator has declared Boeing’s 737 Max aircraft safe to fly after it was grounded in March 2019 following two accidents that left 346 people dead. Patrick Ky, executive director of the European Union Aviation Safety Agency, told Bloomberg Friday that he’s satisfied with the changes Boeing has made to the aircraft, adding that the aircraft could […]

today10/16/2020 7

United

United Loses $1.8 billion, Aims To Shift Focus To Recovery

United Loses $1.8 billion, Aims To Shift Focus To Recovery Via AP News: United Airlines financial hole grew deeper over the summer as a modest recovery in air travel slowed down, pushing the carrier to a loss of $1.84 billion in the typically strong third quarter. The airline said Wednesday that revenue plummeted 78% from a year earlier. The loss was worse than analysts had expected. The results from United, […]

today10/15/2020 2

Hiring

US Hiring Likely Slowed In September For 3rd Straight Month

US Hiring Likely Slowed In September For 3rd Straight Month Via AP News: A critical snapshot of the job market and the economy to be released Friday is expected to show a further slowdown in hiring as the nation’s viral caseload creeps higher and as government financial aid has faded. When the Labor Department issues its September jobs report, economists predict it will show a gain of 850,000, according to […]

today10/02/2020 11

Rolls-Royce

Rolls-Royce To Raise $6.5 Billion To Cope With COVID Cash Crunch

Rolls-Royce To Raise $6.5 Billion To Cope With COVID Cash Crunch Via Reuters: Rolls-Royce RR.L plans to raise a total of 5 billion pounds ($6.5 billion), including 2 billion from shareholders, to cope with a "worst case scenario" as the coronavirus travel crisis crushes the British engine maker's cashflow. Airlines pay Rolls based on how many hours its engines fly in their larger jets and worries over a long-haul travel […]

today10/01/2020 7

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