Year: 2020

Goodyear Tire Chief Executive Rich Kramer said on Thursday the company had clarified its policy to make clear employees can wear apparel expressing support for law enforcement after it faced a boycott call from U.S. President Donald Trump. The Republican president, who is seeking a second term in office, told reporters on Wednesday he would swap out the Goodyear tires on his presidential limousine if there were an alternative. Goodyear on Thursday said it had a longstanding policy of asking employees of refraining from working place expressions of support for any political candidates. …read more […]

Pfizer Inc (NYSE: PFE), and its partner BioNTech SE (NASDAQ: BNTX), announced positive results for the Phase 1 trial of their second COVID-19 vaccine candidate, stating that the latest vaccine candidate had fewer side effects than their first.What Happened The second vaccine candidate called BNT162b2 or B2 is already in advanced trials and its administration was well tolerated in the trial participants across the age spectrum, according to a statement released by the two companies Thursday. The companies said 332 people participated in the clinical trial, who were administered either the latest vaccine or the first called BNT162b1 or B1.The …read more […]

(Bloomberg) — U.S. regulators are investigating whether a massive methane release over Florida they say likely occurred during maintenance on a natural gas compressor station this spring violated the nation’s Clean Air Act.The mysterious plume of invisible gas, estimated to total 300 metric tons, was released north of Gainesville between May 2 and May 3, according to Bluefield Technologies Inc., which analyzed data from the European Space Agency’s Sentinel-5P satellite and was first reported by Bloomberg News.“Our preliminary findings indicate that the release may have occurred from maintenance operations at a natural gas compressor station located in Brooker (Bradford County), …read more […]

Amazon (Nasdaq: AMZN) founder, chairman and CEO Jeff Bezos is the richest man in the world… and not by a small margin.
Bezos’ net worth zeros in on $200 billion – more than $80 billion above Bill Gates, who sits in second place on Forbes‘ Real-Time Billionaires list.
Bezos also has access to some pretty elite financial advice…
In a meeting with Warren Buffett, he took the opportunity to pick the Oracle of Omaha’s brain on investing. He asked…
Your investment thesis is so simple. You’re [one of the] richest guys in the world, and it’s so simple. Why doesn’t everyone just copy you?
Buffett …read more […]

Warren Buffett is arguably the most successful investor of our time. But lately, people have been doubting the wisdom of the Oracle of Omaha.
He took a bath in airline shares, selling when they collapsed at the outset of the coronavirus pandemic. Then his bank stocks took a dive when interest rates plunged and bad debt reserves soared thanks to the huge spike in unemployment.
But what investors have forgotten is that his biggest position by far, Apple, is about to break the $2 trillion valuation. That’s definitely not peanuts when you own 250 million shares and counting. So when he made …read more […]

…read more […]

…read more […]

It was expected to see significant losses during the second quarter. …read more […]

After Lyft initially announced Thursday that it would suspend rideshare in California on Friday, both Lyft and Uber were granted a delay to reclassifying drivers. An Uber spokesperson told Yahoo Finance: “We are glad that the Court of Appeals recognized the important questions raised in this case, and that access to these critical services won’t be cut off while we continue to advocate for drivers’ ability to work with the freedom they want.” D.A. Davidson SVP & Sr. Research Analyst Tom White joins The Final Round panel breaks down the details. …read more […]

The big shareholder groups in Ping Identity Holding Corp. (NYSE:PING) have power over the company. Institutions often… …read more […]

Penny stocks, you either love them or you hate them. One of the obvious draws of these stocks trading for under $5 per share is the ability to get more bang for your buck. And should these bargain priced stocks see their share prices rise by only a small amount, the rewards can be staggering.However, before jumping right into an investment in a penny stock, Wall Street pros advise looking at the bigger picture and considering other factors beyond just the price tag. For some names that fall into this category, you really do get what you pay for, offering …read more […]

Blink Charging (NASDAQ: BLNK) shares traded sharply lower on Thursday following a short report released Wednesday by Culper Research.The company issued a press release saying the short seller’s report was filled with “false, manipulative and defamatory reports.”What Happened: Blink Charging is an owner, operator, and provider of electric vehicle charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types.Culper Research issued a report on Blink Charging, saying “the company has vastly exaggerated the size of its EV charging network in order to siphon money from the pockets of investors …read more […]

Tom Lydon, ETF Trends CEO, joins Yahoo Finance’s Akiko Fujita to discuss where investors can find the next equivalent of companies like Facebook, Apple, Amazon and Netflix. …read more […]

Lyft is suspending its California ride-sharing service after being ordered to classify drivers as employees. Yahoo Finance’s Sibile Marcellus joins Akiko Fujita to discuss the details. …read more […]

(Bloomberg) — A group of former Federal Reserve officials and staffers, including former Vice Chairman Alan Blinder, published an open letter Thursday calling on the U.S. Senate to reject President Donald Trump’s nomination of Judy Shelton to the central bank’s Board of Governors.“Ms. Shelton’s views are so extreme and ill-considered as to be an unnecessary distraction from the tasks at hand,” the letter said.The letter was also signed by two former reserve bank presidents and three former division directors on the board’s staff. It has 38 current signatories, all of whom worked at the central bank at some point.The Senate …read more […]