Trading Ideas
Why Don't More People Wait to Claim Social Security at 70?
You’d think 70 would be a popular age to file for Social Security, but most seniors take their benefits sooner. …read more […]
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Trading Ideas
Elon Musk posted video of his Boring Company tunnels under LA, and said people can use them 'in a few months' for free
Elon Musk posted a video from inside his prototype Boring Company tunnel under LA. Elon Musk posted footage of a prototype vehicle tunnel bored underneath Los Angeles, and said it will be available for ordinary people to use in a matter of months. Musk uploaded a brief clip to his Instagram profile on Thursday night showing a chunk of the tunnel. …read more […]
Business News
China’s multi-story hog hotels elevate industrial farms to new levels
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”.
Business News
Stocks set for best week since March
LONDON (Reuters) – World shares rose on Friday as investor appetite for risky assets got a boost from soft U.S. inflation numbers, helping soothe worries that the Federal Reserve might step up the pace of its rate hikes.
Business News
Oil near multi-year highs as Iran sanctions tighten supply outlook
LONDON (Reuters) – Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new U.S. sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand.
Business News
Iran says Airbus to announce its decision on selling planes to Tehran soon: Fars
ANKARA (Reuters) – Iran said on Friday had asked Europe’s Airbus to announce whether it would go ahead with its plane deal with Tehran after President Donald Trump pulled the United States out of Iran’s international nuclear deal.
Business News
Britain’s Zoopla, PrimeLocation bought by Silver Lake for $3 billion
(Reuters) – Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), delivering a windfall for its largest shareholder the Daily Mail publishing group.
Business News
Exclusive: North Korean traders offering cheap coal on hopes sanctions will ease – Chinese traders
BEIJING (Reuters) – Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling it at ports inside the isolated country, hoping recent diplomatic moves lead to an easing of sanctions barring purchases of North Korean coal, three Chinese traders told Reuters.
Business News
Asian stocks near three-week high, eyes on upcoming U.S.-Korea summit
SYDNEY (Reuters) – Asian shares rallied on Friday as investors’ appetite for riskier assets got a boost from soft U.S. inflation, which helped alleviate worries of faster rate hikes by the Federal Reserve.
Business News
Silver Lake to buy property websites Zoopla, PrimeLocation for $3 billion
(Reuters) – U.S.-based private equity firm Silver Lake Management Company has agreed to acquire ZPG plc , the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds ($3 billion).
Business News
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc , the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds ($3 billion).
Business News
South Korea takes more cautious view on GM Korea turnaround than U.S. automaker
SEOUL (Reuters) – General Motors’ South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering a more subdued outlook for the troubled unit compared with the U.S. automaker which sees a profit from 2019.
Business News
U.S. activist fund Elliott to vote against Hyundai restructuring plan
SEOUL (Reuters) – U.S. activist fund Elliott Management said it will vote against Hyundai Motor Group’s restructuring plan and urged other shareholders to reject the proposal to reform South Korea’s second-largest conglomerate.
Business News
Nestle falls behind as millennials warm up to frozen meals
Solon, OHIO (Reuters) – At Nestle’s $50 million research center outside Cleveland, food technicians and packaging experts set out three years ago to remake its frozen food lineup and appeal more to busy, health-conscious adults in their 20s and 30s.
Business News
Mazda names Americas head as CEO, as North America expansion in focus
TOKYO (Reuters) – Mazda Motor Corp has named the head of its Americas operations as its next president and CEO after its current chief steps down in June, as Japan’s fifth-largest automaker seeks to expand in North America, its biggest market.