A proposed merger between France’s Groupe PSA and Fiat Chrysler Automobiles would give FCA access to Peugeot’s more modern and flexible vehicle architectures, potentially enabling the combined companies to achieve lower costs through higher production volumes, a global auto analyst said on Wednesday.
REDWOOD CITY, Calif. (AP) _ Equinix Inc. (EQIX) on Wednesday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The real estate investment trust, based in Redwood City, California, said it had funds from operations of $472.7 million, or $5.52 per share, in the period. …read more […]
Uber Technologies Inc on Wednesday sued a Chicago suburb over a new ride share tax, while calling on Illinois lawmakers to address the state’s “emerging patchwork” of taxation.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients’ money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […] …read more […]
Facebook Inc reported better-than-expected quarterly revenue on Wednesday and a rise in profit as growth in expenses slowed from a year earlier and the number of users ticked higher, assuaging investor fears of fallout from fierce scrutiny by regulators and lawmakers.
Lyft out with its Q3 results. Yahoo Finance’s Julia La Roche reports to Jen Rodgers, Myles Udland, and Dan Roberts. …read more […]
Lack of transparency in the Commerce Department’s handling of steel and aluminum tariffs raised the appearance that certain companies may have had “improper influence” in the process, its internal watchdog said in a document made public on Wednesday.
Yahoo Finance’s Brian Cheung joins The Final Round live from Washington, D.C. to discuss the Federal Reserve’s latest rate cut, and what it means for the markets. …read more […]
Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add the most significant new producer to the oil cartel for years but met with skepticism in Brazil’s energy industry. The comments come ahead of a massive auction of oil rights in Brazil, which is boosting output rapidly. OPEC membership would likely require Brazil to limit oil production, potentially throwing future expansion plans into doubt. …read more […]
Yahoo Finance’s Jared Blikre joins ‘The Final Round’ to break down Facebook’s third quarter earnings report. …read more […]
The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled there would be no further reductions unless the economy takes a turn for the worse.
Boeing Chief Executive Dennis Muilenburg on Wednesday spurned repeated calls to step down by U.S. lawmakers and from the mother of a young woman who was a victim of one of two 737 MAX crashes that killed 346 people.
Apple Inc on Wednesday forecast sales for the crucial holiday shopping quarter that beat Wall Street expectations, with Chief Executive Tim Cook saying that new iPhone 11 models were off to “a very, very good start” as sales of AirPods, Apple Watches and streaming services continue to rise.
Facebook Inc reported better-than-expected quarterly revenue on Wednesday and profit rose as growth in expenses slowed from a year earlier, assuaging investor fears of financial fallout from fierce scrutiny by regulators and lawmakers of the world’s largest social media company.
Twitter CEO Jack Dorsey announced in a series of tweets that Twitter will stop all political advertising. This comes following Facebook receiving backlash for not vetting political ads. Yahoo Finance’s Jen Rogers, Myles Udland and Dan Roberts discuss on The Final Round. …read more […]
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