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Trading Ideas

Pence family’s failed gas stations cost taxpayers $20M+

The collapse of Kiel Bros. Oil Co. in 2004 was widely publicized. Indiana alone has spent at least $21 million on the cleanup thus far, or an average of about $500,000 per site, according an analysis of records by The Associated Press. The federal government, meanwhile, plans to clean up a plume of cancer-causing solvent discovered beneath a former Kiel Bros. station that threatens drinking water near the Pence family’s hometown. …read more […]

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Trading Ideas

Upcoming Tech Earnings to Watch: NFLX, MSFT, SWKS

Earnings growth is expected to be aplenty this season–although it will take a strong batch of marquee reports for investors to overlook global trade war uncertainty. One important battleground will be in the technology sector. Here are the most important tech earnings reports to watch next week. …read more […]

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Business News

U.S. lifts ban on suppliers selling to China’s ZTE

The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce Department had said it would remove the ban after ZTE paid a $1 billion penalty and placed $400 million in a U.S. bank escrow account as part of a settlement reached last month.

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