Buy the Dip in Netflix? Not So Fast
Shares of Netflix (NFLX - Get Report) have been under constant pressure since the company disappointed investors in July with its quarterly results. The recent…
Sep 20, 2019 15:56 UTC Business Read More
GM recalls 107,000 Chevy SUVs for faulty joint that may disrupt steering
General Motors is recalling 107,000 Chevrolet sport-utility vehicles just a week after starting a similar initiative with millions of automobiles for faulty brakes.
Sep 20, 2019 13:55 UTC Business Read More
Star analyst says Tesla model lineup will triple … sort of
Morgan Stanley analyst Adam Jonas came out with a note claiming Tesla could more than triple its model lineup over the next 5 years. Now, what Jonas isn't…
Sep 20, 2019 13:12 UTC Business Read More
Google is investing $3.3B to build clean data centers in Europe
Google announced today that it was investing 3 billion euro (approximately $3.3 billion USD) to expand its data center presence in Europe. What's more, the…
Sep 20, 2019 12:54 UTC Business Read More
U.S. opens probe of steering problems, welds in Jeep Wranglers
The agency says more than 3500 owners have complained to the company and government about frame weld problems or steering issues.
Sep 20, 2019 12:16 UTC Business Read More
McDermott's stock rockets after exploring sale of Lummus business, valued at over $2.5 bln
Shares of McDermott International Inc. rocketed 82% in very active premarket trading Friday, after the provider of engineering and construction services to...
Sep 20, 2019 12:09 UTC Business Read More
Uber’s London License Is Due to Expire. Investors Shouldn’t Worry.
Uber Technologies has no lack of headaches. It laid off 8% of its staff last week, and a recent California law is pushing the gig company to treat its drivers as…
Sep 20, 2019 10:29 UTC Business Read More
Climate change: Firms make green energy vows as call for action grow
Amazon and Google are among global firms setting out new green energy plans as climate pressure rises.
Sep 20, 2019 04:06 UTC Business Read More
Microsoft adds a fifth woman to its board: GlaxoSmithKline CEO Emma Walmsley
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.
Sep 19, 2019 21:21 UTC Business Read More
GE CEO Culp a 'star,' investor Peltz says
General Electric (GE +0.5%) CEO Larry Culp is "a star [who] knows how to run a business. He is fantastic," activist investor Nelson Peltz gushed today at the…
Sep 19, 2019 18:57 UTC Business Read More
OSHA: 4 Treasure Valley Dollar Tree stores had unsafe conditions
BOISE, Idaho — A federal work safety agency has cited four Idaho Dollar Tree stores for allegedly exposing employees to unsafe conditions for poorly stacked…
Sep 19, 2019 18:47 UTC Business Read More
Why it is insane to want the Federal Reserve to slash interest rates to 0%
Believe this to be true stock market bulls: you don't want 0% interest rates from the Federal Reserve. Or as they say in some wonky circles on Wall Street:…
Sep 19, 2019 17:45 UTC Business Read More
Walgreens to test drone delivery service with FedEx and Alphabet's Wing
Walgreens is testing a new on-demand delivery *service* with FedEx and Alphabet's drone delivery *service* Wing, beginning next month, the company announced…
Sep 19, 2019 17:00 UTC Business Read More
A university studied the water quality on planes. You may want to skip the coffee on these 2 airlines
You've probably never given much thought to the quality of the water on an airplane. Maybe it's time you should. A recent study ranks the water served on major…
Sep 19, 2019 16:26 UTC Business Read More
Leon Cooperman fears bear market if Elizabeth Warren wins: 'They won't open the stock market'
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.
Sep 19, 2019 16:15 UTC Business Read More
FedEx Pilot Detained by Police in Southern China
Chinese authorities have detained a FedEx Corp. pilot in the southern city of Guangzhou, elevating pressure on the express shipping company, which is already…
Sep 19, 2019 15:25 UTC Business Read More
Amazon orders 100K electric delivery trucks from Rivian as part of going carbon neutral by 2040
Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100000 electric…
Sep 19, 2019 15:06 UTC Business Read More
Airbnb announces plan to go public 'during 2020' in IPO
Airbnb on Thursday announced it plans to go public in 2020. The startup did not specify a timeline beyond "during 2020." The home-sharing rental startup was…
Sep 19, 2019 14:33 UTC Business Read More
Pizza Hut's Stuffed Cheez-It Pizza is disappointing: review
The new Cheez-It pizza from Pizza Hut does look like a Cheez-It, but there are no other similarities. We were thoroughly underwhelmed.
Sep 19, 2019 14:17 UTC Business Read More
A new Hollister store is coming to Herald Square in New York as the retailer thinks smaller
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping…
Sep 19, 2019 14:15 UTC Business Read More
Solar System Wars: Walmart Versus Tesla
It seems like hardly a day goes by that doesn't see some news story splashed across our feeds that has something to do with Elon Musk and one or another of…
Sep 19, 2019 14:01 UTC Business Read More
Delta flight descends nearly 30,000 feet in minutes following 'cabin pressurization irregularity'
A Delta Air Lines flight headed for Fort Lauderdale, Fla., was diverted on Wednesday due to a “cabin pressurization irregularity” that reportedly forced pilots to…
Sep 19, 2019 13:20 UTC Business Read More
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