Trading Ideas
Uniqlo Lands Roger Federer With a $300 Million Contract
Nike isn’t doing it for the tennis star anymore. …read more […]
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Business News
Barnes & Noble boots out CEO for policy violations
(Reuters) – Barnes & Noble Inc said on Tuesday it terminated Demos Parneros as chief executive officer, citing violations of the bookseller’s policies.
Business News
U.S. allows ZTE transactions to maintain networks
(Reuters) – The U.S. Commerce Department has granted ZTE Corp, China’s No. 2 telecommunications equipment maker, the authority to engage in commercial transactions needed to maintain existing networks and equipment in the United States as it works toward the lifting of a U.S. sales ban.
Business News
Barnes & Noble terminates CEO Demos Parneros
(Reuters) – Barnes & Noble Inc on Tuesday said it terminated Chief Executive Officer Demos Parneros, citing violations of the retail bookseller’s policies.
Business News
Tesla shares skid further on concern over Model 3, report on brake test
(Reuters) – Tesla Inc shares closed sharply lower on Tuesday amid analyst skepticism about its Model 3 cars and a news report that said the company had stopped running a brake test on its cars.
Business News
Trump supporters urge Walmart boycott over ‘Impeach 45’ clothing
NEW YORK (Reuters) – U.S. retailer Walmart Inc faced an outcry from supporters of President Donald Trump on Tuesday for listing for sale on its open marketplace clothing with the slogan “Impeach 45,” an apparent reference to Trump, the country’s 45th president.
Trading Ideas
Sprint Takeover Needs Scrutiny Over China Ties, Lawmakers Say
U.S. lawmakers plan to pressure the Trump administration to closely scrutinize T-Mobile US Inc.’s planned purchase of Sprint Corp., arguing the acquisition poses a threat to American security because the owner of Sprint has ties to Chinese telecommunications company Huawei Technologies Co. A draft letter to Treasury Secretary Steve Mnuchin, who leads a U.S. national security review of the deal, is to be sent next week and is being circulated for signatures among lawmakers in the House by congressional critics of the deal, according to a copy obtained by Bloomberg News. The $26.5 billion merger of the No. …read more […]
Business News
Cuban flagship airline’s woes deepen after crash
HAVANA (Reuters) – In the busy summer travel period in Cuba, a long line of people wait for hours in the sweltering heat outside the Havana office of state-owned airline Cubana, many of them eager to visit families in the provinces.
Trading Ideas
The 5 Best Oil Stocks of 2018 (So Far)
Here’s a look at the five best oil producers in the S&P 500 through the first half of the year. …read more […]
Business News
Dow Chemical settles SEC charges for failing to report ex-CEO’s perks
NEW YORK (Reuters) – A three-year U.S. Securities and Exchange Commission investigation found that Dow Chemical failed to properly disclose around $3 million in perks for former Chief Executive Andrew Liveris, ranging from personal use of company aircraft to sporting events and dues Dow paid to a charity Liveris chaired.
Trading Ideas
After Harley spat, Trump says other motorcycle firms may come to U.S.
U.S. President Donald Trump said on Tuesday his administration is working to bring other motorcycle companies to the United States, following Harley-Davidson Inc’s decision to shift some production for European customers overseas. Trump gave no details about what steps his administration is taking. Asked about the tweet, White House senior adviser Kellyanne Conway had no comment. …read more […]
Business News
Over 40 countries object at WTO to U.S. car tariff plan
GENEVA (Reuters) – Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization (WTO) on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.
Trading Ideas
Tesla shares sink; Ford sales disappoint; American Airlines, Delta, United drop; Facebook faces federal investigations
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday. …read more […]
Trading Ideas
Why hiring more truck drivers won’t fix the shortage
Low pay and a lack of benefits are driving the labor shortage, according to a truck industry leader. …read more […]
Trading Ideas
Shouting CEO, changing rules: inside Tesla’s Model 3-building sprint
Tesla Inc tapped workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. Tesla pulled out all the stops in the final week of June to meet its goal of making 5,000 Model 3s in a week, according to employees who spoke to Reuters. The sedan is essential to put money-losing Tesla on a path to profitability and prove that the electric car company can master mass production. …read more […]