Business News
Tesla aims to restart Fremont plant on Friday
Tesla Inc is aiming to restart production in its U.S. car plant in Fremont, California on Friday afternoon, according to an email sent by Chief Executive Officer Elon Musk to staff.
Year: 2020
Business News
Coronavirus deals U.S. job losses of 20.5 million, historic unemployment rate in April
The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world’s biggest economy.
Trading Ideas
Read This Before You Buy Motorola Solutions, Inc. (NYSE:MSI) Because Of Its P/E Ratio
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Motorola… …read more […]
Business News
Lufthansa to start flying 80 more aircraft in June to meet travel demand
German flagship carrier Lufthansa on Friday said it would start flying 80 more of its aircraft again in June, including to serve tourism destinations after the company grounded much of its vast fleet due to the coronavirus pandemic.
Business News
Futures climb as U.S.-China tensions ease
U.S. stock index futures jumped about 1% on Friday as signs of an easing in U.S.-China friction boosted sentiment ahead of a closely watched jobs report that is likely to show the steepest plunge in payrolls since the Great Depression.
Trading Ideas
April jobs report: U.S. employers cut a record 20.5 million payrolls, unemployment rate jumps to 14.7%
The April U.S. jobs report is expected to shatter records when it comes to measuring the coronavirus’s impact on the domestic labor market. …read more […]
Business News
Take Five: Trade War II
China’s exports rebound has been quickly overshadowed by dire predictions of Trade War II between the world’s two biggest economies.
Trading Ideas
Column: The cruise ship industry is sinking. I'm OK with that
Norwegian Cruise Line says it’s in danger of going out of business. Maybe that’s not the worst thing for an industry of floating petri dishes. …read more […]
Business News
Turkey charges seven people over Ghosn escape: lawyer
Turkish prosecutors have prepared an indictment charging seven people, including four pilots, over former Nissan boss Carlos Ghosn’s escape via Istanbul to Lebanon after fleeing Japan, a lawyer for one of the suspects said on Friday.
Business News
Stocks boosted to weekly highs as risk appetite improves; U.S. jobs data looms
Global shares rallied on Friday, hitting weekly highs, on signs of improving Sino-American relations and the prospect of more governments gradually reopening their economies.
Business News
Tesla aims to restart Fremont plant as soon as Friday: Bloomberg News
Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported on Friday, citing an email from the company to its staff.
Business News
U.S. Post Office board meets as COVID takes its toll and funding dries up
The U.S. Postal Service’s Board of Governors meets on Friday at a critical juncture as it faces accusations from the White House that it charges package shippers such as Amazon.com too little and as the new coronavirus cuts its revenue by about $13 billion.
Trading Ideas
Tesla aims to restart Fremont plant as soon as Friday – Bloomberg News
The move comes a day after California allowed manufacturers in the state to reopen operations, shut due to coronavirus-led lockdowns, which drew an enthusiastic “Yeah!!” on Twitter from Tesla Chief Executive Officer Elon Musk. Musk said Tesla aims to restart its Fremont factory on Friday afternoon, according to the Bloomberg report https://www.bloomberg.com/news/articles/2020-05-08/tesla-aims-to-restart-fremont-plant-as-soon-as-friday-musk-says?sref=y3YMCJ4e. …read more […]
Trading Ideas
Stock market news live updates: Stock futures rise as jobs report looms
Stock futures rose Friday morning, holding onto gains after a regular-session rally Thursday sent the Nasdaq back into positive territory for the year to date. …read more […]
Business News
Futures climb as Sino-U.S. tensions ease
U.S. stock index futures rose on Friday as signs of improving relations between the United States and China boosted sentiment ahead of a key jobs report that is likely to show a historic surge in unemployment due to coronavirus-induced lockdowns.