WASHINGTON (Reuters) – The White House is sending a high-level delegation to this month’s Farnborough Airshow to push the Trump administration’s “Buy American” drive aimed at boosting exports of weapons and aircraft, industry sources familiar with the matter said.
AbbVie and Celgene are pharma’s two biggest losers in terms of clinical development this year. But that doesn’t mean investors should shy away from these two names. …read more […]
KKR & Co (KKR.N) transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. What remains to be seen is if, given the new option, active fund managers will want to buy what KKR is selling. The change by KKR, which made its name through leveraged buyouts in Corporate America in the 1980s, to so-called C-Corp from a publicly traded partnership (PTP) will mean a bigger tax bill. …read more […]
DUBAI (Reuters) – Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.
Which stock wins in a battle between a big biotech and a big pharma company? …read more […]
The Latest on nationwide protests over a Trump administration immigration policy (all times local): 9:35 p.m. Police in Portland, Oregon, have ordered participants in a march by Patriot Prayer to disperse … …read more […]
WASHINGTON/RIYADH (Reuters) – The leader of Saudi Arabia promised President Donald Trump that he can boost oil production if needed and the country has 2 million barrels per day of spare capacity available, the White House said on Saturday.
The Environmental Protection Agency’s chief ethics official says he is pushing for a series of independent investigations into Scott Pruitt’s actions as administrator of the federal agency. In a letter to the U.S. Office of Government Ethics, EPA ethics official Kevin Minoli writes that “potential issues” regarding Pruitt have surfaced through sources within the EPA and media reports since April. Minoli writes that he has referred “a number” of those matters to the EPA’s inspector general. …read more […]
The stock is up 30% in the past year through late June, but its next leg higher may be right around the corner. …read more […]
Starbucks just raised its payout to shareholders. Here’s why the market didn’t like the news. …read more […]
BERLIN (Reuters) – The CEO of Volkswagen , Herbert Diess, told a German newspaper the arrest of Audi head Rupert Stadler was a shock and hard to comprehend.
This weekend’s Barron’s cover story shows how investors can prepare for the bull market’s end. Other featured articles include ways to play a debt crunch and the electric car revolution. Also, growth stocks … …read more […]
Drake is back to breaking streaming music records, although this time he’s …read more […]
With U.S. regulatory approval in the bag, is it just a matter of time before the Disney-Fox deal is completed? …read more […]
Investors should look beyond Tesla’s weekly production rate for its Model 3. …read more […]
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