Lyft plans restructuring, job cuts: New York Times
Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.
Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.
AT&T’s dividend history is long. The company has raised its dividend for 35 consecutive years. But will this trend continue? Let’s take a look at the recent earnings announcement, dividend history, and payout safety going forward.
AT&T Earnings Announcement
This morning AT&T announced adjusted earnings of $0.89. And that’s close to what analysts were expecting so it probably didn’t move the share price much. The bigger impact came from sales and the TV business…
The company reported $48.6 billion in revenue which was down 2.4%. AT&T’s TV business is struggling to keep subscribers. As a result, AT&T stock is down about 3% in …read more […]
British Airways is the latest airliner to suspend all flights to and from mainland china, as concern around the Coronavirus continues to escalate. Yahoo Finance’s Oscar WIlliams-Grut joins On the Move. …read more […]
U.S. stock indexes rose on Wednesday, boosted by shares of Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus outbreak.
The number of ‘super commuters’ from 2005 to 2017 has gone up 32%. Many Americans are spending over 90 minutes each way commuting to their jobs …read more […]
Greater certainty around Argentina’s public policies could help reactivate growth and investments in the recession-hit South American country, the International Monetary Fund said on Wednesday.
Second-tier banks in Italy, Spain and possibly Germany are likely to consider mergers this year in a bid to boost returns which are insufficient to cover their cost of equity, the chief executive of investment bank Mediobanca said.
Starbucks continues to roll out these AI-enabled coffee machines. …read more […]
Ford Motor Co owned Lincoln Motor on Wednesday confirmed its plans to make battery-powered electric vehicles in partnership with Ford-backed startup Rivian.
President Donald Trump on Wednesday signed a new North American trade agreement during an outdoor ceremony at the White House attended by about 400 guests – but not the key Democrats who helped secure congressional passage of the deal.
Which names are capable of hitting the ball out of the park? The pros will say healthcare stocks. Rookies and seasoned Street veterans alike argue the space contains exciting investment opportunities, with several boasting upside potential that’s often unmatched by stocks in other sectors.For companies that call this area of the market home, a few key milestones such as data readouts, regulatory filings or drug approvals can speak volumes about its future prospects. As a result, all it takes is a single positive outcome to send share prices through the roof. However, there’s a reason these stocks have earned a …read more […]
I started writing about electric vehicles more than a decade ago.
Back then, only Tesla (Nasdaq: TSLA) was making EVs.
Prices were astronomical.
That’s because, in an EV, the battery pack costs a fortune.
In 2010, battery prices averaged more than $1,100 per kilowatt-hour (kWh). Skeptics said EVs would never be cost competitive.
But what a difference a decade makes…
Driving Down Battery Prices
Last year, EV batteries cost less than $156/kWh. By 2030, the average price could be down to $61/kWh!
High-volume, automated manufacturing continues to lower the cost of producing lithium-ion batteries. And reducing the cost of the battery pack reduces the overall EV cost.
Tesla’s massive …read more […]
Cornerstone Deputy Chief Economist Aneta Markowska joins the On The Move panel to discuss the Federal Reserve’s next step and the impact that it could have on the economy. …read more […]
Wall Street investment banks JPMorgan and Morgan Stanley have been placed on the Hong Kong Stock Exchange’s “named and shamed” list after the $300 million initial public offering (IPO) of Chinese biotech company Akeso Inc. was sent back for not meeting the correct regulatory requirements.
Beyond Meat said on Wednesday it will supply plant-based “fried chicken” to several KFC stores in Tennessee and North Carolina, after a test conducted last year showed strong consumer demand.
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