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Best Tech Stocks to Watch Right Now

If you’re looking for the top tech stocks to watch as we roll into December and close out 2019, you’re going to want to keep an eye on the intersection between tech and retail for obvious reasons. The stock market was open on Black Friday, and believe me, so were the stores.
Shoppers splurged online to the tune of $7 billion on Black Friday alone, and we still have to get through the rest of the holiday season. But which retail-oriented tech stocks should the savvy investor be keeping an eye on as we march towards 2020?
The first stock to watch …read more […]

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Violent Protests Shut Down Key Rio Tinto Mine in South Africa

(Bloomberg) — Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterViolent protests, often characterized by deadly shootings and barricades of burning tires, are making it harder for the world’s biggest mining companies to operate in South Africa.Rio Tinto Group shuttered its Richards Bay Minerals unit on Wednesday and paused a $463 million expansion project amid escalating violence in surrounding communities that led to an employee being shot and injured. The stoppage will further sap investor sentiment in a country where business confidence is near the lowest level in two decades.The freezing of the Zulti South project …read more […]

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Delta CEO Wants to Make Wi-Fi Free on Planes, But He Can't

Dec.04 — Delta Air Lines Inc. Chief Executive Officer Ed Bastian talks about how his push to offer free internet on planes has been met with technological challenges. He also discusses why the airline is building new airports and terminals. Bastian appears on “The David Rubenstein Show: Peer-to-Peer Conversations.” The interview was recorded on Sept. 19 in Washington. …read more […]

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Amazon Air provider hit with 'no confidence' vote as holiday shipping ramps up

ABX pilots fly roughly a half-dozen planes for Amazon Air, which contracts planes and services from ABX parent Air Transport Services Group. The vote is symbolic since pilots cannot strike without permission from the National Mediation Board, but it adds uncertainty as Amazon accelerates package delivery speeds in a shortened holiday season that is expected to set a new record for online sales. “It’s difficult to ignore that the model on which Amazon bases its business – quick delivery – is critically dependent on these carriers functioning,” said Dan Akins of Flightpath Economics. …read more […]

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U.S., China Move Closer to Trade Deal Despite Heated Rhetoric

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.The people, who asked not to be identified, said that U.S. President Donald Trump’s comments Tuesday downplaying the urgency of a deal shouldn’t be understood to mean the talks were stalling, as he was speaking off the cuff. Recent U.S. legislation seeking to sanction …read more […]

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Britain's Johnson backs digital tax despite Trump's ire

British Prime Minister Boris Johnson said he would press ahead with new taxes on U.S internet giants like Facebook and Google, putting him at odds with U.S. President Trump who has threatened retaliation against France over its digital tax plans. “On the digital services tax, I do think we need to look at the operation of the big digital companies and the huge revenues they have in this country and the amount of tax that they pay,” Johnson said on Tuesday, according to a BBC report. …read more […]

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Hadi Zablit named general secretary of Renault, Nissan alliance

Renault SA , Nissan Motor Co and Mitsubishi Motors on Wednesday said they had appointed Hadi Zablit as general secretary of their automaking alliance to accelerate business efficiencies across the companies. The announcement comes as Nissan and Renault try to mend ties amid falling profits a year after the Carlos Ghosn scandal. Nissan brought in a new executive team this week, while Renault is set to choose a new CEO in the coming weeks. …read more […]