Stocks futures were lower Tuesday morning, setting the three major indices up for a third straight session of losses after last week’s tech-led selloff. …read more […]
Two Australian journalists fled China after being questioned by security police and initially barred from exiting. WSJ’s Rachel Pannett explains how the continuing forced exodus of foreign media could hamper the West’s understanding of China. Photo: Australian Broadcasting Corporation …read more […]
* Appoints Miguel Martin as Chief Executive Officer * Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue * To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020 * Secures Greater Financial Flexibility with Credit Facility Amendments * Now Anticipates Positive Adjusted EBITDA in Fiscal Q2 2021 * To Host Q4 and Fiscal Year 2020 Conference Call on September 22, 2020NYSE | TSX: ACBEDMONTON, AB, Sept. …read more […]
Peloton goes the route pioneered by Apple with its newest product. …read more […]
On the surface, last week’s price action resembled a replay of the dotcom bubble bursting in 2000. Yet market participants say there are several reasons why the rally is poised to continue. …read more […]
Robots are not efficient enough for Tesla’s new car factory in Germany, which plans to replace hundreds of them with giant aluminium casting machines to build simpler chassis parts, a person familiar with the matter told Reuters. The electric carmaker has struggled to raise production volumes through hi-tech automation and was forced to fly in a new production line from Germany to Nevada in 2018 after robots failed to coordinate seamlessly at the U.S. factory. For the new Model Y, Tesla chief executive Elon Musk has said he will replace 70 components glued and riveted into the car’s …read more […]
How many of today’s problems are a consequence of convenience?
Too often we attribute problems to evil or greed or any number of human vices. But perhaps we need to add convenience to the list.
As I look back over my biggest mistakes in life, more often than not they weren’t due to greed or evil intent or other devious attitudes… They simply reflected convenience.
We can see that idea in our families, our communities and our entire culture. Indeed, history is rife with the rise and fall of civilizations due to convenience – taking away and not putting back.
So let’s dig into …read more […]
It’s been a mediocre week for DocuSign, Inc. (NASDAQ:DOCU) shareholders, with the stock dropping 20% to US$216 in the… …read more […]
The U.S. stock market’s two-day tech-led fall last week has revived investor worries about a spiral of selling that could crash the broader market, but Rick Rieder, head of the BlackRock Global Allocation team, does not see stocks going off a cliff. Indeed, the $23.2 billion BlackRock Global Allocation Fund that Rieder runs currently has options trades that would benefit from a rebound in stocks. “I think the market is going to keep going higher,” Rieder, said in a Reuters interview. …read more […]
Top news and what to watch in the markets on Tuesday, September 8, 2020. …read more […]
As government and private money pour into the global race for a Covid-19 vaccine, drugmakers are under great pressure to keep the shot affordable while also keeping investors happy. WSJ explains what this means for the final price tag of the jabs. Illustration: Crystal Tai …read more […]
The postal service has faced extra costs to cope with coronavirus and says it needs to modernise. …read more […]
(Bloomberg) — Tesla Inc. shares slumped in U.S. pre-market trading on Tuesday after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.Tesla shares fell about 10% pre-market in the first day of trading since Friday’s news. Instead of Elon Musk’s Tesla, S&P Dow Jones Indices added online retailer Etsy Inc., chip gear maker Teradyne Inc. and medical technology firm Catalent Inc.Tesla not being included likely reflects the challenges in adding a firm of that size to the index, Credit Suisse analyst Dan Levy …read more […]
Sep.08 — Former Latvian Prime Minister Valdis Dombrovskis discusses his priorities after being announced as the EU’s new trade chief, succeeding Phil Hogan who resigned last month. He speaks on “Bloomberg Surveillance” in an interview with Maria Tadeo at the Brussels Economic Forum. …read more […]
(Bloomberg) — European stocks dropped after President Donald Trump stoked tensions with China and virus cases across Germany and the U.K. continued to rise. Treasury yields fell and oil dropped to a two-month low.Technology shares led losses in the Europe Stoxx 600 Index, while the FTSE 100 Index was buoyed by the weaker pound. EasyJet Plc shares slumped after the discount airline said flight demand is lower than expected. The dollar index and gold were little changed.U.S. futures pointed to a weaker open after the long holiday weekend. S&P 500 contracts were little changed, while contracts on the Nasdaq 100 …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
