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Hong Kong Disneyland and Ocean Park to be closed from Sunday to help prevent spread of virus -CCTV

Hong Kong’s popular amusement parks Disneyland and Ocean Park are closed from Jan. 26 to help prevent the spread of a deadly coronavirus that broke out in the Chinese city Wuhan, state media CCTV reported on Sunday. Business is going on as usual at the hotels inside Hong Kong Disneyland, however, CCTV reported. The Shanghai government said on Friday that Shanghai Disneyland will be closed from Saturday. …read more […]

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Electric vehicle maker Rivian: expect prices lower than previously announced

Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. Rivian founder and chief executive R.J. Scaringe told Reuters the mid-range R1T pickup truck with a glass sky panel that can change from blue to clear was about $69,000. Scaringe declined to say how many prospective buyers have so far spent $1,000 on a refundable deposit to hold their spot for a Rivian, but he said the reaction had been …read more […]

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Rivian CEO Says Electric-Truck Startup to Make Ford Platform

(Bloomberg) — Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., will provide the “skateboard” platform for a premium, high-performance electric Ford vehicle, its top executive said.“In Ford’s case, we provide the platform.” Rivian Chief Executive Officer R. J. Scaringe said in an interview on Saturday. “They will provide the top hat, the body and the interior.”The “skateboard” is the entire platform, including the motor, battery pack, computer systems and wheels. The design is modular and allows for different vehicle body types to be added on top. Rivian is seeking partnerships to scale and grow …read more […]

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Business News

Boeing’s 777X jetliner takes off on maiden flight

Boeing Co began the maiden flight on Saturday of the world’s largest twin-engined jetliner as the embattled planemaker steps up competition with European rival Airbus in a respite from a crisis over its smaller 737 MAX. The 777X, a larger and more efficient version of Boeing’s successful 777 mini-jumbo, took off outside Seattle at 10:09 a.m. local time (1.09 p.m. ET) after high winds forced the company to postpone two earlier attempts this week.

…read more […]

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Boeing's 777X jetliner takes off on maiden flight

Boeing Co began the maiden flight on Saturday of the world’s largest twin-engined jetliner as the embattled planemaker steps up competition with European rival Airbus in a respite from a crisis over its smaller 737 MAX. The 777X, a larger and more efficient version of Boeing’s successful 777 mini-jumbo, took off outside Seattle at 10:09 a.m. local time (1.09 p.m. ET) after high winds forced the company to postpone two earlier attempts this week. Boeing officials said the maiden voyage would last 3-5 hours and herald months of testing and certification before the aircraft enters service …read more […]

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Credit Card Pros and Cons

When looking at the pros and cons of credit cards, a few things stand out. If you’ve ever owned a credit card, you know it’s easy to slip into bad habits. Don’t have enough money in your account? Put it on the card. Waiting for payday? Put it on the card. Credit cards aren’t all bad though. In responsible hands they can provide a lot of benefits.

Let’s take a deeper look at the most obvious credit card pros and cons.
Pros of Credit Cards
Credit Building
Whether you like it or not, we live in a culture of debt. Much of our society …read more […]

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What the Church’s Latest Debate Means for Your Portfolio

Earlier this month, I mentioned that I lend a hand to a religious foundation that manages $100 million in stocks and bonds for churches.
My role is twofold: I monitor the money manager, and I also help raise money for the foundation.
Many investors think that the church and the market have very different agendas and motivators – but that’s not always the case.
The foundation I volunteer with follows a practice called socially responsible investing (SRI). You may have heard of it, or you may be familiar with its cousin: environmental, social and governance (ESG) investing.
SRI is a very broad term that …read more […]