Business News
Nissan says it plans to sell 1.6 million cars in China this year
Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market.
Year: 2020
Business News
Proton-packed Geely takes on Honda and Toyota in Southeast Asia
Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight across Southeast Asia and beyond.
Business News
‘Flash crash’ trader sentenced to time served plus a year of home confinement: lawyers
A Chicago-based U.S. federal district court judge on Tuesday sentenced Navinder Sarao, a London-based trader accused of contributing to Wall Street’s 2010 “flash crash”, to time already served in jail of four months, with a year of home confinement, Sarao’s attorneys said in a statement.
Trading Ideas
Boeing, McDonald's, Facebook, Microsoft, Tesla earnings: What to know in markets Wednesday
Dow components Boeing and McDonald’s will report earnings before the opening bell, and tech behemoths Facebook, Microsoft and Tesla will round things out after the market close. …read more […]
Trading Ideas
Alaska Air Catches Up on Carving Out New Revenues
Among larger U.S airlines, Alaska Airlines was one of the last carriers to take so-called segmentation seriously. But the airline has caught up, slicing and dicing its cabins to maximize revenue, executives said Tuesday on their fourth quarter earnings call. Since 2017, Alaska has added several new products, including what it calls premium class, for […] …read more […]
Business News
EBay forecast disappoints amid competition from Amazon, Walmart
EBay Inc forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc and Walmart Inc .
Business News
Apple’s iPhone back to growth as company braces for coronavirus impact
The iPhone is back. But Apple is girding for more disruptions in virus-hit China.
Business News
Starbucks plans to launch plant-based breakfast sandwich this year
Starbucks Corp said on Tuesday it would introduce a breakfast sandwich this year with a plant-based patty in the United States and Canada.
Trading Ideas
Boeing set to report Q4 earnings as 737 MAX mess drags on
Boeing will report earnings as the crisis over the 737 MAX plane continues to overshadow the company. …read more […]
Business News
Pfizer profit misses estimates as revenue falls; plans no 2020 share repurchases
Pfizer Inc on Tuesday reported quarterly profit that fell short of Wall Street expectations for the first time in at least two years, and the drugmaker said it will no longer rely on share repurchases to help drive growth.
Trading Ideas
Beyond Meat Products Pulled From Tim Hortons Canada Restaurants
(Bloomberg) — Tim Hortons restaurants have stopped selling Beyond Meat products at its coffee and donut shops across two of Canada’s biggest provinces.The chain had been serving the Beyond Burger and a Beyond Meat breakfast sandwich made with the company’s imitation sausage products. After an initial launch starting in June at nearly 4,000 Canadian locations, the items were scaled back to the provinces of Ontario and British Columbia in September.“We introduced Beyond Meat as a limited time offer. We are always listening to our guests and testing new products that align to our core menu offerings. We may offer Beyond …read more […]
Trading Ideas
What to watch in the markets: Wednesday, Jan 29
Yahoo Finance’s Myles Udland highlights the upcoming Fed meeting. …read more […]
Trading Ideas
Warren Buffett's Apple Soars on 4th-Quarter Earnings Beat
Tech giant reports iPhone sales that outperformed consensus estimates Continue reading… …read more […]
Business News
How Facebook thinks its independent oversight board should work
Facebook Inc recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board’s administrative staff.
Business News
Facebook VP of engineering Jay Parikh says leaving company
Facebook’s vice president of engineering, Jay Parikh, said in a post on the social network on Tuesday that he was planning to leave the company, marking the exit of another key executive following a string of high-profile departures last year.