Oil prices were little changed on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their trade war.
McDonald’s Corp agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.
Gold fell for a fourth straight session and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs on revived hopes the United States and China could soon sign an interim deal to end their prolonged trade war.
Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.
Nov.25 — Daniel Ives, Wedbush Securities managing director of equity research, comments on Uber Technologies Inc. losing its license in London for the second time in less than three years. He speaks with Bloomberg’s Romaine Bostick and Guy Johnson on “Bloomberg Markets.” …read more […]
2 tobacco companies and 1 food and beverage products manufacturer make the list Continue reading… …read more […]
Elon Musk says that Tesla has received 200,000 pre-orders for its Cybertruck. Customers can reserve one of the vehicles with a fully refundable $100 deposit. Prices start at $39,900 for a single-motor version of the pickup, with most orders reserving the triple-motor option that goes for $69,900 according to Musk. Production for the pickup trucks is not expected to begin in late 2022. …read more […]
Retail subscription for Saudi Aramco’s initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said.
A brand powerhouse with steady and meaningful growth prospects Continue reading… …read more […]
Fiat Chrysler has already started 90% of the investments earmarked for Italy, the auto maker’s Chief Operating Officer for the EMEA region Pietro Gorlier said on Monday. FCA – which is finalizing merger talks with France’s Peugeot owner PSA to try to create the world’s fourth-largest carmaker – announced last year it would spend 5 billion euros ($5.5 billion) in Italy up to 2021. Gorlier said that despite unfounded speculation, FCA has “consistently confirmed the plan through action, with no delays”. …read more […]
Fiat Chrysler has already started 90% of the investments earmarked for Italy, the auto maker’s Chief Operating Officer for the EMEA region Pietro Gorlier said on Monday.
Apple Inc and semiconductor stocks powered the S&P 500 and Nasdaq indexes to record highs on Monday, after a report signaled that the United States and China were nearing a trade truce, with sentiment also buoyed by a raft of mega deals.
Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021. Companies ranging from General Motors Co to startup Lordstown Motors Corp have said they plan to introduce electric pickups over the next two years, and are scheduled to build up to 250,000 a year by 2024, according to industry analysts. If demand falls that far short of production targets, “there are going to be a lot of auto execs crying in their beer,” predicts IHS Markit analyst …read more […]
Simon Property Group, Exelon, Ventas, CenterPoint Energy, Western Midstream Partners and Under Armour present buying opportunities Continue reading… …read more […]
Charles Schwab Corporation officially announced the brokerage firm will buy TD Ameritrade in a $26 billion all-stock deal. Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung break down the latest developments on YFi AM. …read more […]
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