Lawmakers in Washington DC are considering a range of options to combat what critics describe as failed safety culture at The Boeing Company …read more […]
The global coronavirus outbreak has shown no signs of slowing down, with the worldwide total of new cases topping 94,000 and claiming over 3,200 lives. …read more […]
Crude oil prices ended lower, giving up early gains as major oil producers, including Saudi Arabia, struggled to bring Russia on board for deeper supply cuts to try to offset a slump in demand caused by the coronavirus outbreak.
General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk’s Tesla Inc as vehicles go electric.
United Airlines Holdings Inc is reducing U.S. and Canadian flights by 10% and international flying by 20% in the month of April and eyeing similar cuts in May in some of the most drastic measures announced to date by a U.S. airline in response to falling demand due to the coronavirus.
United Airlines Holdings Inc is slashing its flying schedule and implementing a series of cost-cutting measures in some of the most drastic actions by a U.S. airline to date as the spreading coronavirus has depressed air travel demand. The steps followed a meeting between U.S. President Donald Trump and the heads of major U.S. airlines including United at the White House on Wednesday, where they discussed the impact of the coronavirus crisis on the industry. In a letter to employees, United said it was reducing U.S. and Canadian flights by 10% and international flying by 20% in …read more […]
China’s Huawei Technologies Co Ltd, the world’s largest telecommunications equipment maker, on Wednesday pleaded not guilty in a New York federal court to new charges in a 2018 case against the company.
U.S. services sector activity jumped to a one-year high in February, suggesting strength in the economy before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve.
Wall Street surged on Wednesday as former Vice President Joe Biden’s strong showing in the “Super Tuesday” primary contests gave a boost to healthcare stocks and upbeat economic data helped sooth investors’ coronavirus anxieties.
A massive shift is underway.
Money is flooding out of fossil fuels… and into renewable energy.
And it’s happening faster than some analysts realize.
According to some estimates, the big fossil fuel companies are betting demand for their products will continue to rise until the 2040s.
But I think the peak in fossil fuel demand is going to happen in this decade.
That’s 20 years sooner than predicted. And the money is already starting to move.
Take a look…
Investors who put money in the Energy Select Sector SPDR Fund (NYSE: XLE) in January 2019 are down more than 15.7%.
Those who bet on exploration and production companies …read more […]
I’ve always been a big fundamentals guy. Unlike Silicon Valley, I’ve always preferred smart growth to dumb hypergrowth.
So what I’m about to tell you might shock you…
Silicon Valley investors have gone too far in trying to make up for their sins. They want to see profits NOW. And they’re not investing if they don’t.
In what world do venture capitalists (VCs) refuse to fund early-stage companies growing 30% every month? It’s happening right now in the San Francisco Bay Area.
Companies in the midst of Series A or Series B raises had better be profitable or anticipating profitability. Otherwise, the VCs won’t …read more […]
There’s little employees can do, legally, to force their employers to pay their wages or to hold their jobs if they insist on either skipping work or working from home over fears of contracting the illness, …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
