Daimler plans to sell luxury Maybach brand’s first sport-utility vehicle, its China chief executive, Hubertus Troska, said on Thursday, joining other luxury brands that offer SUV models to attract customers from China and the United States.
Aurora Cannabis (NYSE: ACB) (TSX: ACB) has named Dr. Shane Morris as chief product officer and André Jérôme as chief integration officer. Morris previously worked as senior vice president of product development and regulatory affairs, while Jérôme was senior vice president of business integrations. The appointments are effective immediately. Morris joined Aurora in January 2018 to […]The post Aurora Cannabis Names Chief Product and Chief Integration Officers appeared first on Market Exclusive. …read more […]
U.S. President Donald Trump said in a tweet on Thursday morning he had asked Apple CEO Tim Cook to look into helping develop telecommunications infrastructure for speedy 5G wireless networks.
SAN FRANCISCO (AP) _ Anaplan Inc. (PLAN) on Thursday reported a loss of $34.7 million in its fiscal third quarter. On a per-share basis, the San Francisco-based company said it had a loss of 26 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. …read more […]
Macy’s Inc cut its annual profit forecast for the second time this year on Thursday after a bigger-than-expected drop in third-quarter comparable store sales due to weak international tourism and sluggish mall traffic.
Tesla Inc Chief Executive Elon Musk has talked for years about building an electric pickup truck that would threaten the heart of the Detroit automakers’ profits, and on Thursday he will finally take the wraps off the so-called cyberpunk truck.
The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters.
The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters. President Donald Trump has made opening up drilling in ANWR – America’s largest wildlife sanctuary – a key goal in his broader effort to maximize U.S. oil, gas, and coal production after previous administrations resisted energy industry pressure to access the area. The Interior Department has previously said https://www.reuters.com/article/us-alaska-oil-refuge/u-s-vows-first-oil-lease-sale-in-alaska-arctic-refuge-this-year-idUSKCN1T1011 it was determined that a sale would happen in 2019. …read more […]
Analysts expect the Tesla pickup, which Musk has said would combine the performance of a Porsche 911 sports car with the functionality of Ford Motor Co’s industry-leading F-150 full-size truck, to debut in late 2021 or early 2022 with a starting price of under $50,000. “Making an electric pickup truck that sells in the same price range as an F-150 and making it profitable will be tough,” said Sam Fiorani, vice president of global vehicle forecasting at Auto Forecast Solutions. As Musk pushes to take a bite of Detroit’s profits, Ford and larger rival General Motors Co are …read more […]
Stocks slid further on Thursday as the standoff between the world’s two largest economies expanded beyond trade, reducing the odds of a “phase-one” deal this year and forcing investors to shed risky assets.
GM Sues Fiat Chrysler Over Corrupt Union Dealings General Motors (NYSE:GM) is suing Fiat Chrysler (NYSE:FCAU) alleging racketeering regarding its negotiations with the United Auto Workers union from back in 2015. Fiat Chrysler executives have already pleaded guilty in an ongoing probe into the UAW, whose own executives accepted bribes from Chrysler people over the […]The post Market Morning: GM Sues Fiat, Pharma Fights for Pricing Privacy, More Opioid Lawsuits, Trade Deal Troubles appeared first on Market Exclusive. …read more […]
Sanofi is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month.
(Bloomberg) — Charles Schwab Corp. is buying TD Ameritrade Holding Corp. for $26 billion, with a deal expected to be announced Thursday morning, Fox Business reports, citing unidentified people familiar with the situation.Shares in Charles Schwab reversed an earlier decline in pre-market trading and are up 2.4%, while TD Ameritrade reduced some of the earlier gains and is up 17%. Both companies didn’t immediately respond to emails and phone calls seeking comment.A deal would create a firm with roughly $5 trillion in combined assets, consolidating an industry under pressure from a price war that escalated when Schwab last month announced …read more […]
Charles Schwab Corp , the largest U.S. discount brokerage, is in talks to buy smaller rival TD Ameritrade and a deal could be announced as early as Thursday, CNBC reported, citing a source familiar with the matter.
Top news and what to watch in the markets on Thursday, November 21, 2019. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
