Business News
Head of VW’s Seat car brand to step down: source
Luca de Meo, the head of Volkwagen’s Spanish brand Seat, is stepping down from his current role, a source close to the matter told Reuters on Tuesday.
Month: January 2020
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How companies can prepare for a possible cyberattack
Marsh & McLennan Companies Executive Vice President and General Counsel Peter Beshar join On The Move to discuss what an Iranian cyberattack could look like and what company’s can do to prepare for an attack. …read more […]
Business News
Goldman Sachs answers investor demands on consumer bank
Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon’s effort to get Goldman in line with rivals like JPMorgan Chase & Co that have bigger consumer businesses and share mor
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Why the stock market may crater 15% in the first quarter 2020
Beware of the first quarter 2020 stock market correction. Here’s what you do if it happens. …read more […]
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Should You Worry About Novavax, Inc.'s (NASDAQ:NVAX) CEO Pay Cheque?
In 2011 Stan Erck was appointed CEO of Novavax, Inc. (NASDAQ:NVAX). This report will, first, examine the CEO… …read more […]
Business News
Energy, healthcare stocks drag Wall Street lower
Wall Street’s main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict.
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Top 5 Investment Ideas For 2020
My top 5 investment ideas for 2020 and beyond Continue reading… …read more […]
Business News
Declining imports push U.S. trade deficit to three-year low
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.
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Poland's Play plans 5G roll-out in Gdynia in race to offer first services
Polish mobile operator Play Communications is planning to roll out a 5G network in the northern city of Gdynia, its chief executive said, as the country’s telcoms providers rush to be the first to offer commercial next generation services. Mobile internet on 5G networks is expected to offer data speeds up to 50 or 100 times faster than current 4G networks and help expand connectivity. “What we are announcing today is definitely the opening of the first 5G city in Poland and when I say 5G city it’s because this is not a test,” Jean-Marc Harion told reporters …read more […]
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Tesla, General Motors, Starbucks, Boeing, Uber: Companies to Watch
Here are your companies to watch for Tuesday, January 7th. …read more […]
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How to Get Your Portfolio Off to a Good Start for 2020
Sometimes that’s because they were overly ambitious, or simply didn’t have a good step-by-step plan. “The beginning of the new year is the perfect time to get your finances off to a good start,” says attorney Erika Kullberg, who runs a personal finance YouTube channel. “The trap most people fall into at the start of a new year is creating financial plans that are overly ambitious — so it’s hard to follow through,” she says. …read more […]
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U.S. Services Gauge at Four-Month High in Sign Growth Steady
(Bloomberg) — Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.A rebound in sales and production lifted a gaugeof U.S. service activity to a four-month high in December, indicating the broader economy remains stable in the face of further deterioration in manufacturing.The Institute for Supply Management’s non-manufacturing index climbed to 55, exceeding the median projection in a Bloomberg survey of economists, from 53.9 a month earlier, according to data issued Tuesday. A measure of business activity, which parallels the group’s index of factory production, jumped 5.6 points to 57.2 from the …read more […]
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These 4 Measures Indicate That Hormel Foods (NYSE:HRL) Is Using Debt Reasonably Well
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ When we think about how risky a company… …read more […]
Business News
Waymo self-driving vehicles cover 20 million miles on public roads
Waymo, the self-driving unit of Alphabet Inc , said its vehicles had covered more than 20 million miles (32.2 million km) on public roads since its creation in 2009.
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Waymo self-driving vehicles cover 20 million miles on public roads
“It took us a decade to drive the first 10 million miles but just over one year to complete these last 10 million,” the company said in a statement late on Monday. Waymo, considered a leader in the global race to deploy autonomous vehicles, has begun offering a limited number of fully automated rides for the public without backup drivers in its cars. …read more […]