Year: 2020

Last week, I showed you how the Canadian oil sands are finally winding down. But what about the oil majors, known collectively as Big Oil?
Until recently, the biggest names in the oil business were just dipping their corporate toes into renewable energy.
These investments were small and amounted to little more than window dressing. However, that’s all beginning to change.
BP Upsets Oil’s Applecart
The biggest change comes from one of the largest oil and gas majors on the planet: BP (NYSE: BP).
On August 4, BP reported that its loss for the second quarter of 2020 was $16.8 billion. It also announced that …read more […]

Yahoo Finance’s On the Move panel discuss today’s Stocks on the Move: Gilead Sciences and Biomarin Pharmaceutical …read more […]

Former U.S. ambassador Bruce Heyman shares his contempt for Trump’s attack on tire maker Goodyear. ”There is a place for politics and a place for governing…So, everything he is doing with a political or personal outcome. And this is wrong.” …read more […]

Polish charter airline Enter Air said it has confidence in the review the aircraft has faced since the crashes. …read more […]

NVIDIA topped Street estimates for revenue and adjusted EPS. The company posted $3.87 billion in revenue, beating the estimated $3.66 billion while also reporting an adjusted EPS of $2.18, beating the Street’s estimate of $1.97 EPS. Yahoo Finance’s Jared Blikre joins The Final Round to break down the details. …read more […]

(Bloomberg) — California doubled down on its demand that Uber Technologies Inc. and Lyft Inc. make immediate, wrenching changes to their business models in their home state by converting their drivers from independent contractors to employees with benefits.California Attorney General Xavier Becerra asked a state appeals court Wednesday to ignore the companies’ pleas to extend a pause on a lower court’s order requiring the dramatic shift. A stay of the decision is set to expire midnight Thursday. If the appeals court agrees with Becerra or takes no action, Uber and Lyft have said the order will force them to suspend …read more […]

President Donald Trump on Wednesday engaged in a war of words against Goodyear, calling for a boycott in reaction to a social media post that suggested the company was playing favorites with employee-approved political speech. Yahoo Finance’s Emily McCormick joins Akiko Fujita to discuss. …read more […]

This year has brought many surprises. No one expected a global pandemic to break out and change our lives so fundamentally. No one expected months of lockdowns.
Each month, it seems we’ve got a new adversary to face, whether it be pandemic-related or not.
But most of all, it’s the financial markets that continue to surprise many people this year.
End-of-the-year market predictions back in 2019 have had to be thrown in the dumpster and reevaluated.
And every day brings new stories from commentators in the media about how the stock market is “disconnected” from the economy and our society.
These commentators – many who …read more […]

Explosive e-commerce growth over the past two decades has investors around the world asking “how to invest in Amazon.”
The Seattle based company is considered one of the Big Four in the tech space, along with Google (Nasdaq: GOOGL) , Apple (Nasdaq: AAPL) and Facebook (Nasdaq: FB). In addition to e-commerce, Amazon (Nasdaq: AMZN) has large footprints in the digital streaming, artificial intelligence and cloud computing space. Amazon is also investing in self-driving car technology, which is no surprise considering its history of innovation.

Amazon’s History
If we go all the way back to 1997, the year Amazon filed to go public, the …read more […]

Minutes from the Federal Open Market Committee’s July 29 meeting suggest the Fed will not take up its World War II-era policy of purchasing U.S. Treasuries until yields reach stated targets. …read more […]

…read more […]

…read more […]

Trump wants Americans to boycott Goodyear–even though it employs thousands of Americans whose jobs he might jeopardize. …read more […]

The II-VI Incorporated (NASDAQ:IIVI) share price has had a bad week, falling 15%. But that scarcely detracts from the… …read more […]