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Business News

U.S. corruption probe involving lavish parties, champagne hits another top UAW official

Just two days before the UAW’s contracts with Detroit automakers were due to expire, U.S. prosecutors arrested and charged a senior union official on Thursday with embezzlement, releasing a complaint that alleges he spent member dues on lavish parties for union leaders, with liquor, cigars and women to light them.

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Business News

U.S. House panel wants Boeing CEO to allow employee interviews on 737 MAX

A U.S. House committee on Thursday asked Boeing Co Chief Executive Dennis Muilenburg to request interviews with several employees as part of the congressional probe into the design, development and certification of 737 MAX involved in two fatal crashes in five months killing 346 people.

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Trading Ideas

Ambarella Earnings Report Sets Up 444% Winner

Earnings season…
You either love it… or you hate it.
As this latest earnings season comes to a close, we highlighted a trade in The War Room on semiconductor design company Ambarella (Nasdaq: AMBA) that I’d like to share with you today.
I’ve mentioned this before, but I’ll say it again – I utilize a very specific, precise selection methodology in The War Room that allows you to profit off an earnings report – no matter which way the stock moves.
Sure, this tactic gives up some of the explosive gains you could get by betting on the right move. But at the same …read more […]