Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc and Amazon.com Inc have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.
Last week saw a landmark decision by the U.S. House Judiciary Committee, which approved a bill advocating the decriminalization of marijuana at the federal level. Pending approval by the House of Representatives and Senate, this could mean full scale legalization in the U.S.The good news instigated a bit of a rally across cannabis stocks, and a timely one at that, too. The cannabis industry has had a rough ride this year, with many leading names struggling in the market due to a variety of reasons, from retail delays to congestion at the wholesale level to regulatory uncertainty.The cannabis industry is …read more […]
Thanksgiving is tomorrow. And I want to wish all of you the happiest of Thanksgiving holidays. I’m spending mine with the whole family and then some. My daughter, Rachel, is flying in with her husband from Atlanta, and my son, Nick, along with his partner, is hosting the event in their new house.
We have plenty to celebrate and a lot to be grateful for. Most importantly, everybody is healthy. Secondly, Nick just made sergeant in the local police force. I’m very proud of him (as is his mother). And third, Rachel successfully launched an Airbnb side gig. Her former garage …read more […]
“[Millennials] desire to understand what their money will do for them,” said PayPal co-founder Max Levchin. …read more […]
Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon.
For as long as I can remember, Black Friday has been the busiest shopping day of the year in the United States. I can recall waking up from my Thanksgiving food coma, only to see grown adults attacking one another for the latest and greatest holiday gifts. In fact, since 2006 there have been 12 reported deaths and 117 injuries throughout the United States.
Things have calmed down in more recent years. The vast majority of all purchases are made online as retail brick and mortar stores continue to get crushed.
This year “Americans are expected to spend about $3 billion less …read more […]
Q4 2019 Golub Capital BDC Inc Earnings Call …read more […]
Wall Street’s main indexes hit record highs on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to a resilient domestic economy, while investors remained optimistic about a resolution to U.S.-China trade tensions.
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.
Spain’s Telefonica said it would separate parts of its Latin America business and regroup cybersecurity and cloud computing activities under a plan aimed at generating more than 2 billion euros ($2.20 billion) a year in extra revenues by 2022. Along with its peers, Europe’s fourth-largest telecoms company is struggling to achieve solid profit growth and has seen its share price touch its lowest level in more than two decades amid increasingly tough market conditions. “The model is tired out so we need to reinvent ourselves,” Alvarez-Pallete told a news conference on Wednesday called unexpectedly after a board meeting …read more […]
The fuselage of Boeing Co’s upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.
Skrill has announced a new crypto-to-crypto buy and sell service for its users. After launching a fiat-to-crypto on-ramping feature for users of its payment platform last year, this latest move represents a further reach into the cryptocurrency space for the London-based payments firm. With the introduction of crypto-to-crypto transfers, Skrill users will have access to […] …read more […]
Anheuser-Busch InBev , the world’s largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.
The global liquefied natural gas (LNG) sector is poised for major growth over the next several decades.
The U.S. alone is expected to add almost 7.06 trillion cubic feet (Tcf) to global production by 2025.
Not surprisingly, the bulk of it will come from existing shale plays. U.S. producers will turn nearly half of U.S. domestic production (37.1 Tcf) into LNG for export.
Additionally, half of all new global gas growth will come from American shale wells.
Production growth from shale wells increases by nearly 4% annually. That’s four times faster than conventional gas wells.
Even with all this new shale gas production, U.S. producers …read more […]
The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world’s most valuable soccer group with a $4.8 billion price tag.
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