Month: May 2020

Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future. With economies reeling from lockdowns to curb the virus, the sharpest plunge in oil prices in two decades has slashed the cost of filling up a tank of gas, eroding some of the incentive to make the switch to cleaner fuels. Looking ahead, cuts in capital spending forced upon energy companies as their revenues crumble could tighten supply enough to cause a spike in oil prices, making …read more […]

Editor’s Note: Exciting news… Joel’s latest book is available for pre-order! Called Beyond Labels, the book confronts the biggest issues in America’s food supply and shows how easy it can be to take charge of your own health – one bite at a time. The ideas, evidence and takeaways from this book have the power to reshape America’s declining health. Click here to pre-order today.

I remember like yesterday the conversations and conundrums surrounding Y2K. Pundits were all over the map, from “Nothing will happen” to “We’re going to be living in caves and whittling cooking utensils with pocketknives.”
Sorting out the …read more […]

Shares of Home Depot, which have gained 12.4% this year, dropped nearly 3% to $238.50 in premarket trading, as the company also scrapped its full-year outlook, citing uncertainties stemming from the pandemic. Home Depot said it incurred about $850 million of pre-tax expenses in the first quarter, as it provided additional bonuses, doubled pay for overtime and added more hours of paid time-off for employees working during a surge of panic buying of cleaning supplies and masks. The company’s net earnings fell to $2.25 billion, or $2.08 per share, in the first quarter ended May 3, from $2.51 …read more […]

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Free users in mainland China can continue to join meetings hosted by registered customers, whereas new user registrations are available only for enterprise customers who sign up through authorized sales representatives, according to a statement from the company. Nikkei first reported of the development saying the restriction on Chinese individual accounts on the Zoom app was due to “regulatory requirements” in the country, and the company has come under scrutiny from both the U.S. and China as trade tensions intensified. …read more […]

Top news and what to watch in the markets on Tuesday, May 19, 2020. …read more […]