Ford Motor Co on Wednesday closed two U.S. assembly plants as the coronavirus pandemic wreaked early havoc with the No. 2 U.S. automaker’s plan to restart North American production and begin making its most profitable vehicles again.
U.S. regulators are open to making changes to close what some see as a loophole in a new rule aimed at curbing global chip sales to blacklisted Chinese telecoms equipment maker Huawei Technologies Ltd, two U.S. officials said on Wednesday.
The three major averages on Wall St. notched their fourth gain in five sessions on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.
Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc , owner of Uber Eats, to buy rival online food delivery company Grubhub Inc would “raise serious competition issues” in many cities. In their letter, the lawmakers said the deal would give Uber and Grubhub 48 percent of the U.S. market, while Doordash would have 42 percent. A merged Uber Eats and Grubhub would have 79 percent of the market in New York, 68 percent in Boston, 65 percent in Miami, 60 percent in Chicago …read more […]
Renewable energy sources are rapidly replacing fossil fuels like coal and natural gas. But wind and solar can’t be used as baseload sources.
Both need some form of energy storage. Today, that is being handled by batteries.
Large lithium-ion batteries are seeing rapid deployment. Utilities and homeowners are installing them to solve their storage problems.
But now there’s another unique way to solve renewable energy’s storage problem: hydrogen gas.
Producing and Storing Hydrogen
At first, it might seem like renewable energy and hydrogen aren’t connected – but they are. Let me first show you how hydrogen is produced.
Hydrogen is one of the most abundant …read more […]
Prior to the coronavirus pandemic, leading disruptive influences in travel included alternative accommodations and artificial intelligence, but during the current crisis refunds and cancellations have shattered finances, travel policies, business models, and partner and customer relationships. The fallout has triggered flexible cancellation policies, booking incentives, and some attempts at fence-mending. Consider Airbnb, which saw reservations […] …read more […]
Travel website Kayak is seeing more demand for car rentals than air travel from customers looking to avoid crowds and stay closer to home as U.S. states reopen, Chief Executive Officer Steve Hafner told Reuters on Wednesday.
Headlines surrounding a coronavirus vaccine continue to fluctuate as Moderna’s CEO Stéphane Bancel responded on Wednesday to the latest criticism about the company’s coronavirus vaccine data. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]
The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations.
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.
If you are a long-term shareholder of Costco stock, you’ve no doubt seen a nice return on your investment. In fact, since its IPO in 1985, the stock has gone from $1.67 per share to now over $300. In fact, Costco stock (Nasdaq: COST) has been so consistent in its growth, it’s widely considered to be a blue chip stock.
Why Costco Stock Is A Great Addition to Any Portfolio
In February of this year, the first reported cases of Covid-19 hit the United States. Since then, investors have been struggling to adjust their portfolios to the ever-changing consumption habits of everyday …read more […]
Facebook and Amazon are increasingly moving into each others’ territories, and it could get ugly. …read more […]
Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mobile app every morning.
Oil prices climbed over 3% on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but gains were capped by worries over the economic fallout from the coronavirus pandemic and weak refining margins.
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