Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports.
Controversial California law, AB-5, went into effect on January 1 – but ride-hailing giants Uber and Lyft are continuing to challenge the legislation, which aims to disrupt the gig economy in a way that benefits its most vulnerable workers. State Assemblywoman Lorena Gonzalez, who authored AB-5, joins The Final Round to discuss. …read more […]
Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters.
Today we’ll take a closer look at Analog Devices, Inc. (NASDAQ:ADI) from a dividend investor’s perspective. Owning a… …read more […]
(Bloomberg) — PG&E Corp.’s $1.68 billion settlement agreement with California over wildfires sparked by its power lines could save the bankrupt utility about $470 in million in taxes.Nearly all the wildfire recovery and prevention work included in the agreement should be deductible from both its state and federal taxes, PG&E said in a regulatory filing late Friday.The agreement reached with state regulators in December covers Northern California blazes in 2017 and the 2018 Camp Fire, the deadliest in state history. As part of the deal, PG&E agreed not to saddle customers with $1.63 billion in costs it will incur preventing …read more […]
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]
The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.
Apple’s stock has been soaring over the past 12 months. According to analyst Gene Munster, Apple could be a $2 trillion company in 2020. Constellation Research Principal Analyst Ray Wang joins Yahoo Finance’s Zack Guzman, Emily McCormick and CapitalistBook.com author Nathan Latka to discuss. …read more […]
Doug Ingram became the CEO of Sarepta Therapeutics, Inc. (NASDAQ:SRPT) in 2017. First, this article will compare CEO… …read more […]
Boeing’s new Chief Executive Officer David Calhoun started work on Monday, inheriting a company that is reeling from the effects of two fatal crashes which led to the grounding of the 737 MAX last March.
Today we’ll take a closer look at ONEOK, Inc. (NYSE:OKE) from a dividend investor’s perspective. Owning a strong… …read more […]
Maersk , the world’s biggest shipping company, plans to focus on premium services such as cold storage and digital solutions to avoid competing with its own freight-forwarding clients as it expands in the land transportation business.
Charles Scharf will make his public debut as Wells Fargo & Co’s chief executive during the bank’s quarterly earnings call on Tuesday, and those who have worked with him in the past say he is likely to strike a much different chord than his predecessors.
John Stumpf, who ran the San Francisco-based bank from 2007 to 2016, spoke publicly about being raised on a Minnesota farm with 10 siblings, and once recounted his own experience being upside down on a mortgage during the foreclosure crisis in 2010. Some compared him to his one-time mentor, JPMorgan CEO Jamie Dimon, who is known to speak his mind. …read more […]
One of the major drags on U.S. pot stocks has been the lack of merger and acquisition (M&A) approvals.
This weighed on shares in 2019.
Over the past couple of years, cannabis companies raced to corner the market and secure growth at all costs.
We cheered as deal after deal after deal was announced. The money seemed to flow like water as record price tags were paid.
But the party came to a glass-shattering stop. And the proposed deals got sucked into the black hole of the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.
As the HSR delays dragged out, pot stocks tanked and M&A deals started …read more […]
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