Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.
The 2020 World Economic Forum has officially wrapped up, but before it did Yahoo Finance’s Editor In Chief Andy Serwer sat down with the United States Secretary of Transportation, Elaine Chao. The two spoke about the importance of the annual event and supporting innovation. …read more […]
The Habit Restaurants Inc , known as the Habit Burger Grill, plans to put a plant-based meat patty from Impossible Foods Inc on its menu in the second half of this year as a limited-time offering.
Federal Aviation Administrator Steve Dickson has called senior U.S. airline officials Friday and told them that the agency could approve the grounded Boeing 737 MAX’s return to service before mid-year, people briefed on the calls said Friday.
Boeing has postponed again the first flight of its 777X long-haul jetliner that was scheduled to take place on Friday due to inclement weather.
Crude prices sank more than 2% on Friday and Brent logged its biggest weekly decline in more than a year as concerns that a coronavirus will spread farther in China, the world’s second-largest oil consumer, curbing travel and oil demand.
The stock market started 2020 like it ended 2019 – in rally mode. The gains took major averages to a series of new all-time highs.
The S&P 500 rose above 3,300, the Dow Jones Industrial Average surpassed 29,000 and the Nasdaq flew by 9,400.
Investors kept riding the winners of 2019. Tech stocks like Apple (Nasdaq: AAPL), Advanced Micro Devices Inc. (Nasdaq: AMD), Lam Research (Nasdaq: LRCX) and Nvidia (Nasdaq: NVDA) surged to start 2020. They have become “must-owns” for hedge funds and day traders.
Meanwhile, Tesla (Nasdaq: TSLA) continues to defy the skeptics while Virgin Galactic Holdings Inc. (NYSE: SPCE) has more …read more […]
Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500’s worst week in six months.
Canopy Growth (CGC) had an astonishing revelation prior to this past holiday weekend for the stock market. The new CEO was expected to reorganize the business, but a delay to the cannabis beverages business was an unexpected jolt to the Canadian cannabis company. One has to wonder what other issues will be disclosed as CEO David Klein completes his second week on the job.Beverage DebacleCanopy Growth shocked the market last week by admitting their cannabis-infused beverages were not ready to scale for the market. The news is surprising considering the company is already a month into the legalization of Cannabis …read more […]
The coronavirus that has killed dozens and rattled markets has no immediate cure — and a vaccine could be years in the making, a medical executive told Yahoo Finance. …read more […]
The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.
War Room members are currently in a strangle position with General Electric (NYSE: GE).
A strangle is an options strategy that involves using put and call options to bet on a sharp move one way or the other in an underlying stock. The objective is to make enough from the move in one direction that it covers the cost of the strangle and then some.
Strangles are best used around specific binary events, resulting in two possible outcomes.
An earnings report is just one example…
Another example is the announcement of a drug trial, or events like the Brexit deal.
These “one-off” events can really …read more […]
Starbucks joins a growing list of companies – including McDonald’s and Disney – that are suspending operations in China, as health authorities rush to contain an outbreak of coronavirus that is gripping the nation. …read more […]
Allegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by Saudi Crown Prince Mohammed bin Salman have put a spotlight on the security of smartphones and the secretive tools used to hack them.
The U.S. dollar slipped against the safe-haven Japanese yen on Friday as investors fretted over concerns that a spreading virus from China would curb travel and hurt economic demand.
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