Trading Ideas
Year: 2020
Trading Ideas
Trading Ideas
Every Single Worker Has Covid at One U.S. Farm on Eve of Harvest
(Bloomberg) — One farm in Tennessee distributed Covid-19 tests to all of its workers after an employee came down with the virus. It turned out that every single one of its roughly 200 employees had been infected.In New Jersey, more than 50 workers had the virus at a farm in Gloucester County, adding to nearly 60 who fell ill in neighboring Salem County. Washington state’s Yakima County, an agricultural area that produces apples, cherries, pears and most of the nation’s hops, has the highest per capita infection rate of any county on the West Coast.The outbreaks underscore the latest pandemic …read more […]
Trading Ideas
Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels
Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro (8.13 billion pounds) government bailout, the carrier said on Saturday, paving the way for its rescue. The agreement comes after Lufthansa’s supervisory board on Wednesday rejected an initial deal with Brussels including conditions that were significantly more painful. Lufthansa and the rest of the airline sector have been hard hit by what is expected to be a protracted travel slump due to the coronavirus pandemic. …read more […]
Business News
Exclusive: Zoom plans to roll out strong encryption for paying customers
Video conferencing provider Zoom plans to strengthen encryption of video calls hosted by paying clients and institutions such as schools, but not by users of its free consumer accounts, a company official said on Friday.
Business News
U.S. pipeline operator Energy Transfer warns of coming job cuts
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.
Trading Ideas
Business News
Exclusive: Zoom plans to roll out strong encryption for paying customers only
Zoom , the video conferencing provider whose business has boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clients and institutions like schools, but not for users of its popular free accounts, a company official said Friday.
Business News
Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels
Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, paving the way for its rescue.
Trading Ideas
What to Do When the Market Asks You to Choose
Imagine that your phone rings…
It is your lawyer. They have some really sad but also really great news.
Apparently, you had a long-lost uncle who you were never told about. Sadly, this uncle has recently passed away.
Now for the good news. Your long-lost uncle had a long and wonderful life. He also didn’t have any children, and you are named as a major beneficiary in his will.
Better still, your lawyer tells you that this long-lost uncle was unfathomably rich. Not “a couple of million dollars” rich, but rather one of the richest people on the planet.
It turns out that your long-lost …read more […]
Business News
Wall Street ends mostly higher as U.S.-China spat simmers
U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.S. economy than investors had feared.
Trading Ideas
Don’t Sit on This!
Today in The War Room, we got our feet wet by entering a stay-at-home play.
While everyone else is focusing on companies like Zoom and Microsoft as great software trades… we decided to go with a pick-and-shovel play that’s a little more tangible.
The work-from-home trend isn’t going away.
In fact, it’s only going to get bigger and bigger as companies realize how much they can save by not providing expensive facilities in expensive cities.
Now, not everyone can work from home, but millions who don’t work in manufacturing or service businesses can.
To put it bluntly, every office space in every office building is …read more […]
Business News
United Airlines cutting 13 top jobs, adding international flights in July
United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic.
Trading Ideas
What to Do When the Market Asks You to Choose
In this article, Jody Chudley takes a hard look at airline stocks. He asks the question, “What if you suddenly inherited one of the world’s great fortunes? Should you buy 100% of all seven major airlines?” His answer may surprise you.
Imagine that your phone rings…
It is your lawyer. They have some really sad but also really great news.
Apparently, you had a long-lost uncle who you were never told about. Sadly, this uncle has recently passed away.
Now for the good news. Your long-lost uncle had a long and wonderful life. He also didn’t have any children, and you are named as …read more […]
Business News
Southwest Airlines CEO sees low-fare environment when traffic returns
Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a “brutal low-fare” environment when traffic returns after coronavirus-induced restrictions ease.