Trading Ideas
Foxconn executive: Make products in the US and sell them to China
Will we see a “made in USA” iPhone? Foxconn’s investment in Wisconsin may offer some hints. …read more […]
Year: 2018
Business News
Uber car’s ‘safety’ driver streamed TV show before fatal crash: police
SAN FRANCISCO/WASHINGTON (Reuters) – The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident “entirely avoidable.”
Business News
Renewable energy seeks demand, investment to survive Trump squeeze
NEW YORK (Reuters) – The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week.
Business News
Harley says EU duties will prompt prices hikes in the autumn
FRANKFURT (Reuters) – Harley-Davidson Inc expects to have to raise prices in Europe this autumn, when new motorcycle models are due to hit dealers’ showrooms, due to EU tariffs on U.S. goods, the head of its central European business said.
Business News
Trump threatens 20 percent U.S. tariff on EU car imports
WASHINGTON (Reuters) – President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat.
Business News
Tesla recycling machine catches fire at Fremont, California campus
(Reuters) – A machine used for paper recycling caught fire Thursday night at Tesla Inc’s Fremont, California, campus, outside the company’s car production factory, but manufacturing was not affected, the company said.
Trading Ideas
Tesla recycling machine catches fire at Fremont, California campus
The fire occurred after a cardboard baling machines that is used for recycling overheated, and was contained, Fremont Fire Department Division Chief Diane Hendry said on Friday. The Tesla spokeswoman said the production tent was not affected by the fire. Tesla has been burning through cash as it tries to hit a target of producing 5,000 Model 3 electric sedans per week after production delays. …read more […]
Business News
U.S. unveils new veto threat against WTO rulings
GENEVA (Reuters) – The United States ramped up its challenge to the global trading system on Friday, telling the World Trade Organization that appeals rulings in trade disputes could be vetoed if they took longer than the allowed 90 days.
Trading Ideas
Friday Apple Rumors: 6.1-inch iPhone Render Leaks
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of iPhone renders leaking. Today, we’ll look at that and other Apple Rumors for Friday. …read more […]
Business News
Tesla suffers fire Thursday at Fremont campus
(Reuters) – Tesla Inc said it suffered a fire Thursday night at its Fremont facility.
Business News
Energy stocks push Wall Street higher; tech weighs
(Reuters) – Wall Street rose on Friday boosted by higher oil prices after the OPEC agreed to a modest increase in output, but a drop in technology stocks capped gains.
Trading Ideas
Is Micron Stock a Buy? 1 Analyst Thinks So
This cheap memory maker just keeps getting better. …read more […]
Trading Ideas
Trump’s Latest Tariff Threat Sends Daimler, BMW Stock Reeling
German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20 percent tariff on all European car imports into the U.S. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump said in a tweet on Friday. The risk is becoming more real, said Jeff Schuster, senior vice president of forecasting …read more […]
Business News
Schlumberger oil services wins in U.S. Supreme Court on patent damages
WASHINGTON (Reuters) – The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world’s largest oilfield services provider.
Business News
Trump threatens 20 percent tariff on European Union cars
WASHINGTON (Reuters) – U.S. President Donald Trump threatened to impose a 20 percent tariff on all European Union-assembled cars coming into the United States, a month after the administration launched an investigation into whether auto imports pose a national security threat.