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Ryanair says Europe delays may mean no MAX jets next summer

Ryanair may not receive any 737 Max aircraft from Boeing by next summer over European delays in testing the grounded jets, Chief Executive Michael O’Leary said, estimating the issue is costing it at least 100 million euros a year. Ryanair trimmed its passenger traffic forecast last week but that was still based on 10 MAX deliveries by June. O’Leary told Reuters on Tuesday that testing in Europe was running behind the United States and planes were likely to remain grounded until April or May. …read more […]

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Exxon Prevails Over New York in Climate Accounting Case

(Bloomberg) — Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years.The ruling Tuesday by New York Supreme Court Justice Barry Ostrager in Manhattan is a blow to the state’s attorney general, Letitia James, who accused the energy company of lying about its use of a “proxy cost” for carbon to account for future climate-change regulations.“The office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made …read more […]

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The Best Side Hustles for 2020

If you’re looking to become financially independent you need to find ways to decrease your debt and spending. But increasing your income is also beneficial, and side hustles can be a big help towards that end. Some of the best side hustles for 2020 involve everything from delivering food to digital marketing to even being a notary public.
Thankfully, modern technology has created more opportunities to make money on the side than ever before. Of course, some opportunities can involve earning passive income while doing little work at all. Others require a more active role but can still be lucrative.
Whether you’re …read more […]

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From Wall Street to the Great Wall: 3 Chinese Stocks with Over 20% Upside

There’s Star Wars, there’s the Cola Wars, and these days, we all know about the Trade Wars. The US and China have been at loggerheads for the last two years as the economic superpowers fight it out on the international stage. Will they ever reach an agreement, won’t they? It has started to resemble a soap opera.Apart from the continuous trade battle, China has had other issues to deal with; its ever-growing economy has been showing signs of slowing down, and the ongoing protests in Hong Kong have been a concern for democratic nations across the globe.With all the noise …read more […]

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Hedge Funds Are Souring On Essex Property Trust Inc (ESS)

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]