The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc topping the lofty valuation mark. Adding the next member, however, is likely to take a while.
(Bloomberg) — Boeing Co. is considering another cut to production of its marquee 787 Dreamliner as the aerospace giant contends with sluggish demand, people familiar with the matter said.Executives are studying whether to trim monthly output by two planes to 10 a month from a reduced pace that was announced in October, the people said. While no final decision has been made, a new production schedule for the twin-aisle jet could be announced as early as next week when the company reports earnings.Boeing is grappling with slowing sales for wide-body aircraft in a market glutted with used models. The manufacturer …read more […]
U.S. stocks fell on Friday, as investors were cautious heading into the weekend amid renewed concerns over the fallout of a coronavirus outbreak from China.
Intel Corp stood out with an 8.4% gain after the chipmaker forecast better-than-expected 2020 earnings, joining many of its peers to signal a recovery in chip demand. After a record open for the Nasdaq, Wall Street’s main indexes lost ground as U.S. health officials confirmed a second U.S. case of the coronavirus in a Chicago woman and said as many as 63 potential cases were being investigated. …read more […]
Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops.
A U.S. senator on Friday urged Tesla Inc to rebrand its driver assistance system Autopilot, saying it has “an inherently misleading name” and is subject to potentially dangerous misuse.
Tickets for the Kansas City Chiefs and San Francisco 49ers game are expected to sell quickly as fans are set to buy record amounts. Tickpick CEO Brett Goldberg joins Yahoo Finance’s Dan Roberts on On the Move to break down the numbers. …read more […]
Yahoo Finance’s Adam Shapiro breaks down today’s trending news on On The Move. …read more […]
Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.
Target on the list Continue reading… …read more […]
Stocks continue to climb as 2019’s market rally extends into 2020. PineBridge Investments’ Head of Multi Asset Investments, Michael Kelly joins On the Move to discuss how investors seeing less of a risk in the U.S. economy could lead to “The Great Unwind.” …read more […]
Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world’s second-largest oil consumer China will spread farther, curbing travel and oil demand.
U.S. stocks fell on Friday amid renewed concerns over the spreading of a coronavirus outbreak from China, offsetting strong gains for Intel.
FICO will begin scoring customers more harshly based on their debt levels and loan paybacks. However, financial technology company LendUp is looking to take the spotlight off your credit score. LendUp CEO Anu Shultes joins On the Move to discuss. …read more […]
Bombardier has approached France’s Alstom and Japan’s Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten into margins, sources told Reuters.
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