NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff.
To take on Amazon and Walmart, Kroger had to form a strategic partnership to bolster online operations. …read more […]
Musk had driven shares in the electric carmaker 4 percent higher with a weekend twitter discussion which showed the company was aiming initially to deliver more profitable and higher-priced fully-loaded editions of the Model 3. The car, which starts at $35,000 (£26,097), is seen as crucial to Tesla’s profitability at a time when it is battling reports of crashes involving its vehicles, questions over funding and production shortfalls. Musk said the fully-loaded version, excluding its vaunted autopilot feature, retailed at $78,000. …read more […]
(Reuters) – U.S. consumer bible Consumer Reports stopped short of recommending Tesla Inc’s Model 3 sedan on Monday, criticising the car for its braking and taking the shine off a day of gains for shares in billionaire Elon Musk’s venture.
The car, which starts at $35,000, is seen as crucial to Tesla’s profitability at a time when it is battling reports of crashes involving its vehicles, questions over funding and production shortfalls. Musk said the fully-loaded version, excluding its vaunted autopilot feature, retailed at $78,000. Consumer Reports, however, declined to recommend the Model 3 and criticised it for having overly-long stopping distances and difficult-to-use controls. …read more […]
While gold stocks seemingly offer a viable solution, their overall performance has been unusually disappointing. When it does, today’s beaten-up and undervalued gold stocks could witness a robust revival. While I don’t begrudge the equities sector enjoying its resilient bull market, the underperformance in gold stocks doesn’t quite jibe. …read more […]
These three stocks could be poised to thrive over the ultralong term. …read more […]
Sears Holdings Corp (NASDAQ:SHLD) announced that the company is shuttering the doors of at least 40 more stores in the coming months. The retail chain announced that it will be closing 40 Sears and Kmart stores in July and August, according to a Business Insider report from May 19. The company has yet to comment on the matter, which includes 31 Sears locations and nine Kmart stores that will be closing in 24 states. …read more […]
(Reuters) – U.S. consumer bible Consumer Reports stopped short of recommending Tesla Inc’s Model 3 electric car on Monday, criticizing it for its braking and taking the shine off a day of gains for shares in billionaire Elon Musk’s venture.
Apple recently cut the price of the USB-C to Lightning cable from $25 to $19.This is the cord you need if you want to plug the latest iPhone directly into the latest MacBook without a dongle. It’s also the cord that unlocks a fast-charging option that can refill 50% of an iPhone 8 battery in 30 minutes. …read more […]
Former Trump political strategist Steve Bannon condemned a weekend truce in the U.S. trade dispute with China as a capitulation, signaling dissatisfaction among the president’s allies. Bannon targeted Treasury Secretary Steven Mnuchin, a former Goldman Sachs Group Inc. banker, for his role in the trade talks. President Donald Trump “changed the dynamic regarding China but in one weekend Secretary Mnuchin has given it away,” Bannon said in an interview. …read more […]
(Reuters) – U.S. stocks rallied on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also boosted by the nearly $28 billion worth of merger deals.
BEIJING/WASHINGTON (Reuters) – Washington and Beijing both claimed victory on Monday as the world’s two largest economies stepped back from the brink of a global trade war and agreed to hold further talks to boost U.S. exports to China.
The 44th President and First Lady are getting into the entertainment business. …read more […]
(Reuters) – General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business.
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