Funds run by BlackRock Inc voted over Tesla Inc’s objections in favor of a shareholder proposal in June that would have required the electric carmaker to replace Elon Musk with an independent board chairman if the motion had not been defeated, a regulatory filing showed on Thursday.
After several years of significant gains, you might wonder if NVIDIA’s best days are behind it. I would argue its best days may still be ahead. …read more […]
U.S. trade officials are pressing Mexico and possibly Canada to accept a quota plan to replace national security tariffs currently in place on imports of steel and aluminum, people briefed on the negotiations said on Thursday.
Funds run by BlackRock Inc and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc despite the company’s rare rejection of talks with the world’s top asset managers, disclosures to regulators on Thursday showed.
Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon.
Boeing Co has been awarded a $805 million contract for design, delivery and support of four unmanned drones based on aircraft carriers that will be used to refuel aircraft for the U.S. Navy, the Pentagon said in a statement on Thursday.
Nvidia (NVDA) closed at $277.81 in the latest trading session, marking a -0.26% move from the prior day. …read more […]
Talks between Canada and the United States intensified on Thursday as the two countries pushed for a deal on a revamped North American Free Trade Agreement by a Friday deadline, with both sides upbeat about the progress made.
PHOENIX (AP) — A former vice president, an NFL star and other friends remembered Sen. John McCain as a “true American hero” — and a terrible driver with a wicked sense of humor and love of a good battle — at a crowded church service Thursday for the maverick politician that ended to the tune of Frank Sinatra’s “My Way.” …read more […]
A final check on the U.S. consumer this week will be the big economic data highlight while trade will remain a potential market-mover on Friday. …read more […]
Boeing Co has been awarded a $805 million contract for design, delivery and support of four MQ-25A unmanned air vehicles for the U.S. Navy, the Pentagon said in a statement on Thursday.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in Apple Inc (AAPL.O). Buffett also said investors are better off owning a basket of stocks than long-term bonds as a strong U.S. economy bolsters corporate profits, despite higher costs from tariffs. “I don’t know when to buy stocks, but I know whether to buy stocks,” Buffett, celebrating his 88th birthday, said on CNBC. …read more […]
With Tesla Inc’s shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc , according to data from financial technology and analytics firm S3 Partners.
The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries’ currencies tumbling.
U.S. stocks ended their four-day winning streak on Thursday as risk reduction ahead of the long holiday weekend accelerated on growing trade anxieties.
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