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Boeing CEO ousted as company struggles to restore confidence over 737 MAX crisis

Boeing has ousted its CEO Dennis Muilenburg in an attempt to restore confidence in the airplane maker after two fatal 737 MAX jetliner crashes. Yahoo Finance’s Alexis Keenan joins Kristin Myers, Emily McCormick and BigEyedWish Founder Ian Wishingrad on YFi PM to discuss what the families of the second crash’s victims had to say about the change in leadership. …read more […]

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China to cut tariffs on imported goods

China announced that it will lower tariffs on a range of imported products beginning January 1st. Some of these goods include frozen pork, semi-conductor components and pharmaceuticals including diabetes and asthma. Yahoo Finance’s Jessica Smith discusses. …read more […]

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Tesla secures $1.4B loan from Chinese banks: Reuters

As Tesla gears up for its factory in Shanghai, it secured a $1.4 billion dollar, five-year loan from Chinese banks. According to a Reuters exclusive, part of this new loan will also be used to roll over some of its previous debt. Yahoo Finance’s Pras Subramanian joins the On the Move panel to discuss. …read more […]

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Colorado Cannabis Blazes Higher as the New Year Rolls In

The holiday season is here.
Christmas is in the air as shoppers race out to get last-minute gifts.
Last year, cannabis sales popped during the “holidaze.” Meaning plenty of Americans and Canadians were smoking trees on Christmas.
This year, despite the lumps of coal investors got from cannabis shares in recent months, there are reasons to be merry in the new year.
Wagons East!
In the restaurant world, it’s called a “soft opening.”
It’s a limited unveiling of what’s on the menu.
Canada’s Cannabis 2.0 kickoff last week can be viewed in the same light.
Which is why I warned investors… don’t expect it to be a savior …read more […]