U.S. solar company SunPower said on Monday it would split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services, sending its shares up as much as 15%.
Boeing Co said Monday it now expects its grounded 737 MAX to resume commercial service in January as it works to address questions from regulators over its documentation for revisions to the plane’s software. American Airlines and Southwest Airlines said Friday they were pushing back the resumption of flights because of the 737 MAX grounding until early March. Last week, Reuters reported that U.S. and European regulators had not been able to complete a software documentation audit in Cedar Rapids, Iowa of the 737 MAX because of significant gaps and substandard documents. …read more […]
Some of the world’s biggest energy traders are coming together to launch a new crude oil futures exchange in Abu Dhabi …read more […]
Kalanick still owns about 4.4 percent of Uber after the share sale. …read more […]
The CEO of Berkshire Hathaway on why growth is not always the best option for companies. Continue reading… …read more […]
Singles – I am one myself – may be notorious for having their hearts broken. But on Alibaba’s 2019 Singles Day event, hearts aren’t the only thing being broken. Sales records are too and shareholders should take notice.
As the 24-hour sales event that eclipsed both Black Friday and Cyber Monday in 2018 continues to roll out, the e-commerce giant broke its own record by generating over $38 billion in sales. This, despite a slowing Chinese economy and a continuing trade war with the United States.
An E-commerce Day to Celebrate Singles
Singles Day, which is held on November eleventh (11/11) because the …read more […]
Some thoughts from Buffett on the topic of risk and reward Continue reading… …read more […]
A clear-eyed view of our nation and the world is essential for successful investors.
Today, Alexander Green explains how you can filter out constant media negativity and focus on achieving a rich life.
Being a good investor starts with having a clear-eyed view of our nation and the world.
For example, those with an overly pessimistic outlook have spent years holding precious metals or cash, earning meager returns and missing the phenomenal gains available in equities.
Those with rose-tinted glasses, on the other hand, went into the Great Recession without portfolio diversification or risk mitigation – like asset allocation and trailing stops – and …read more […]
Apple Inc is aiming to launch augmented-reality headset in 2022 and a sleeker pair of AR glasses by 2023, news website The Information reported on Monday, citing people familiar with the matter.
Bearish sentiment because of temporary weakness indicates buying opportunity on the stock Continue reading… …read more […]
Gunmen robbed a truck carrying bars made of doré – a gold and silver alloy – from a unit of Mexican mining firm Fresnillo, the company said late on Sunday. Mexican media said the robbery occurred in the northwestern state of Sonora between the towns of Caborca and Sonoyta. …read more […]
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing company following the expiry of a so-called lockup period, a regulatory filing from late Friday showed.
Oil prices steadied on Monday after industry data showed a drop in stocks at the Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter.
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks over the weekend suggested an end to the trade war with China was still not in sight, dashing recent investor optimism.
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