Real Estate
Real Estate Outlook All-Star Panel Discussion
Sam Zell, Simon Property Group, Eyal Ofer at Milken Institute.
Year: 2018
Business News
Mexico says NAFTA deal unlikely this week, Canada is upbeat
MEXICO CITY (Reuters) – Mexico’s economy minister said that he saw diminishing chances for a new North American Free Trade Agreement ahead of a Thursday deadline to present a deal that could be signed by the current U.S. Congress.
Trading Ideas
Verizon names Los Angeles as the second of four cities to receive 5G rollout before 2019
My boss’ boss’ boss was on CNBC this morning touting Verizon’s new 5G services …read more […]
Business News
Wall St. ends down; Dow snaps eight-day winning streak
NEW YORK (Reuters) – U.S. stocks fell on Tuesday, and the Dow snapped an eight-day winning streak, after bond yields rose, strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
Business News
Maduro rebukes Kellogg for leaving Venezuela, gives unit to workers
CARACAS/VALENCIA (Reuters) – Venezuelan President Nicolas Maduro blasted U.S.-based cereal maker Kellogg Co on Tuesday for pulling out of the country due to the economic crisis and vowed to hand over the company’s factory to workers.
Business News
Uber, Lyft scrap mandatory arbitration for sexual assault claims
(Reuters) – Ride-hailing companies Uber Technologies Inc [UBER.UL] and Lyft Inc scrapped mandatory arbitration to settle sexual harassment or assault claims, giving victims several options to pursue their claims including public lawsuits.
Business News
Exclusive: China’s Tianqi nears $4.3 billion deal to buy stake in Chile’s SQM – sources
HONG KONG/TORONTO (Reuters) – China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera (SQM) , one of the world’s biggest lithium producers, for about $4.3 billion, two people close to the transaction said.
Business News
BMW targets group pre-tax margins of more than 10 percent: Handelsblatt
FRANKFURT (Reuters) – Germany’s BMW will target a group pre-tax profit of more than 10 billion euros ($11.9 billion) this year, finance chief Nicolas Peter told newspaper Handelsblatt on Tuesday, as the carmaker seeks to achieve double-digit margins in the long run.
Business News
Wall St. slides on inflation fears, trade jitters
(Reuters) – A surge in U.S. government bond yields to their highest level in almost 7 years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
Business News
Tesla plans six-day stoppage at factory for assembly line fixes: sources
SAN FRANCISCO (Reuters) – Tesla Inc will pause production at its California factory for six days at the end of the May to work on fixes to its assembly line for its new Model 3 sedan, sources inside the company told Reuters.
Trading Ideas
Why Skyworks Solutions Could Become the Next Big Internet of Things Play
The chipmaker is pulling the right strings now so that it can benefit from the massive IoT growth in the long run. …read more […]
Trading Ideas
Pfizer’s biosimilar of Amgen, J&J’s anemia treatments gets FDA nod
Pfizer Inc’s Retacrit was approved by U.S. health regulators as a biosimilar to current anemia treatments from Amgen Inc and Johnson & Johnson on Tuesday, setting it up to compete against more established brands. A year ago the U.S. Food and Drug Administration rejected Retacrit as a copy of Amgen’s Epogen and Johnson & Johnson’s Procrit, citing https://investors.pfizer.com/investor-news/press-release-details/2017/Pfizer-Provides-Update-on-Proposed-Epoetin-Alfa-Biosimilar/default.aspx issues with a potential manufacturing facility in Kansas. …read more […]
Business News
Exclusive: China’s Tianqi nears deal to buy stake in Chile’s SQM – sources
HONG KONG/TORONTO (Reuters) – China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera (SQM), one of the world’s biggest lithium producers, for about $4.3 billion, two people close to the transaction said.
Trading Ideas
As lava destroys Hawaii homes, owners ask: Am I covered?
Patricia Deter moved from Oregon to Hawaii to be closer to her two daughters, but the Kilauea volcano burned down her home only a month after she bought it. Now Deter and others who have recently lost homes to the lava-spewing mountain are on an urgent quest for answers about insurance, desperate to learn whether their coverage will offer any help after molten rock wiped out most of what they owned. The eruption has destroyed about two dozen homes in the Leilani Estates subdivision on the Big Island. …read more […]
Trading Ideas
Google’s Pixel Buds learn some new tricks
I/O may have ended, but Google’s still trickling out news at a steady rate. …read more […]