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Business News

Shares inch to new highs on trade hopes; dollar little changed

December 23, 2019 admin Comments Off on Shares inch to new highs on trade hopes; dollar little changed

The dollar traded little changed while equity markets added to a year-end rally on Monday, with both a gauge of stock performance worldwide and Wall Street hitting new highs amid renewed optimism over U.S.-China trade and growth prospects.

…read more […]

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Business News

In win for Uber, Lyft, judge strikes down New York City’s cruising cap

December 23, 2019 admin Comments Off on In win for Uber, Lyft, judge strikes down New York City’s cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.

…read more […]

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Business News

S&P 500, Nasdaq hit records amid trade optimism; Boeing boosts Dow

December 23, 2019 admin Comments Off on S&P 500, Nasdaq hit records amid trade optimism; Boeing boosts Dow

The S&P 500 and the Nasdaq hit record highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing was a big boost to the Dow after the planemaker ousted its chief executive officer.

…read more […]

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Business News

In win for Uber, judge strikes down New York City’s cruising cap

December 23, 2019 admin Comments Off on In win for Uber, judge strikes down New York City’s cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.

…read more […]

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Business News

Boeing ditches CEO Muilenburg in bid to contain 737 MAX crisis

December 23, 2019 admin Comments Off on Boeing ditches CEO Muilenburg in bid to contain 737 MAX crisis

Boeing Co has fired its Chief Executive Dennis Muilenburg, seeking to restore confidence after two fatal crashes forced the world’s biggest planemaker to halt production of its best-selling 737 MAX jetliner.

…read more […]

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Business News

Forget store traffic and bag count: Gauging retail performance in an online world

December 23, 2019 admin Comments Off on Forget store traffic and bag count: Gauging retail performance in an online world

Marshal Cohen has religiously visited the same stores every holiday season since 1999.

…read more […]

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Business News

S&P 500, Nasdaq extend record run amid trade optimism; Boeing boosts Dow

December 23, 2019 admin Comments Off on S&P 500, Nasdaq extend record run amid trade optimism; Boeing boosts Dow

The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing was a big boost to the Dow after the planemaker fired its chief executive officer.

…read more […]

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Business News

U.S. business spending on equipment appears soft; housing steadies

December 23, 2019 admin Comments Off on U.S. business spending on equipment appears soft; housing steadies

New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.

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Business News

Boeing dismisses CEO Muilenburg to restore confidence over 737 MAX crisis

December 23, 2019 admin Comments Off on Boeing dismisses CEO Muilenburg to restore confidence over 737 MAX crisis

Boeing Co has ousted Chief Executive Dennis Muilenburg in an attempt by the world’s biggest planemaker to restore confidence as a prolonged crisis has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.

…read more […]

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Business News

Oil steadies as Russia touts easing OPEC+ output

December 23, 2019 admin Comments Off on Oil steadies as Russia touts easing OPEC+ output

Oil prices were little changed on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.

…read more […]

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Business News

Credit Suisse admits spying on second executive

December 23, 2019 admin Comments Off on Credit Suisse admits spying on second executive

Credit Suisse on Monday admitted to snooping on another of the bank’s former executives, deepening a spying scandal at the Swiss group, which is already under investigation for putting its ex-wealth management chief under surveillance.

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Business News

Global shares inch to new highs on trade hopes, dollar little changed

December 23, 2019 admin Comments Off on Global shares inch to new highs on trade hopes, dollar little changed

Equity markets extended a year-end rally on Monday, with a global index of stocks’ performance and Wall Street hitting new highs, lifted by optimism over U.S.-China trade and growth prospects.

…read more […]

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Business News

Key events leading up to the firing of Boeing’s CEO over the 737 MAX

December 23, 2019 admin Comments Off on Key events leading up to the firing of Boeing’s CEO over the 737 MAX

Boeing Co has fired Chief Executive Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.

…read more […]

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Business News

Boeing fires CEO Muilenburg to steady spiraling 737 MAX crisis

December 23, 2019 admin Comments Off on Boeing fires CEO Muilenburg to steady spiraling 737 MAX crisis

Boeing Co ousted Chief Executive Dennis Muilenburg as the world’s biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.

…read more […]

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Business News

Oil slides as Russia touts easing OPEC+ output

December 23, 2019 admin Comments Off on Oil slides as Russia touts easing OPEC+ output

Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite? The AI revolution is creating an unprecedented surge in electricity demand—and Carbonium […]

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