Ford’s latest foray into the electric vehicle space is with the Mustang Mach-E. The all electric SUV is available for preorder, and putting Ford in competition with Tesla. Yahoo Finance’s Rick Newman discusses Elon Musk’s influence on Ford’s newest vehicle. …read more […]
A shareholder lawsuit filed on Monday accused Boeing Co’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months.
Are the prices of things you buy going up?
Sure, inflation is low at 1.8% – but how about the prices of things you actually buy?
Food prices have climbed 2.1% over the past 12 months, a little higher than the overall rate of inflation. Water bills increased an average of 3.6% this year.
By the end of 2019, electricity prices are forecast to climb 3.6%. Despite Washington’s bluster, drug prices are expected to rise 4.5% in 2020.
And if you’re going to be paying college tuition like I will be for the next seven years (two kids, not one who’s taking his time), …read more […]
The streaming wars are going to end in a two-horse race between Netflix and Disney+. …read more […]
(Bloomberg) — You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. — at least not today.The energy giant unleashed a torrent of criticism against New York Attorney General Letitia James in court filings Monday, more than a week after the state sought to drop two fraud claims on the last day of a civil trial that has yet to be decided by the judge. Exxon says the government couldn’t prove the allegations and only made them “to score headlines and political points.”New …read more […]
Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker used anticompetitive tactics to stop larger suppliers like the company from acquiring smaller rivals in the United States.
Guru’s firm buys Brookfield, sells Ameritrade and Ubiquiti Continue reading… …read more […]
(Bloomberg) — Some of the least-loved stocks to make their debuts this year are rallying on Monday as the S&P 500 Index hovers in record territory.Fitness company Peloton Interactive Inc. gained 11% to a record high, closing above its IPO price of $29 for the first time. At its low last month, the stock was down 27% from its September IPO price, after falling amid concerns over its path to profitability. Lyft Inc. rose 4.2%, to its highest in almost two months, after picking up corporate clients in a deal with rival Juno, which is closing its New York-based operations. …read more […]
Amazon.com Inc said on Monday it has introduced an ad-supported free version of its music streaming service Amazon Music, taking on rival Spotify Technology which has nearly 140 million users for its free version.
Wall Street’s three main indexes eked out gains on Monday, barely extending record highs, as investors waited for concrete information on U.S.-China trade relations after mixed headlines.
Walmart has sought court orders for police protection in protest-wracked Chile after more than 120 of its supermarkets were looted or burned. The Chilean subsidiary of the U.S.-headquartered retailer lodged orders with courts in six Chilean cities, saying the attacks on its stores had put its staff’s safety and jobs at risk, “gravely” affected its ability to operate in the country and caused it “enormous economic damage”. “The state of Chile has failed to fulfill its duty to guarantee public order and internal public security,” it said in court documents submitted on Wednesday and made public on Monday. …read more […]
Shared-office operator WeWork’s 2025 junk bond fell to a record low on Monday, with its last yielding bid at 16.06%.
MSCI’s index for Latin American currencies slipped 0.3%, resuming its downward trend as it fell for the tenth time in the last eleven sessions. Sentiment took a hit earlier in the day after CNBC reported that the mood in Beijing was “pessimistic” because of U.S. President Donald Trump’s reluctance to roll back tariffs. …read more […]
The U.S. Justice Department said on Monday that it would ask a court to scrap decades-old ‘Paramount’ consent decrees enacted to protect movie theaters from powerful studios.
Burger King was sued on Monday by a vegan customer who accused the fast-food chain of contaminating its meatless “Impossible” Whoppers by cooking them on the same grills as its traditional meat burgers.
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