Month: November 2019

Looking at one of Einhorn’s cheapest positions Continue reading… …read more […]

AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data, without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC. …read more […]

Peloton reports first earnings results since IPO. Yahoo Finance’s Jared Blikre and Former CFTC Chief Market Intelligence Officer Andy Busch joined On The Move to discuss. …read more […]

AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data, without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC. …read more […]

Uber beat estimates on the top and bottom line in the third quarter, but the company reported over $1 billion in net losses. Yahoo Finance’s Emily Mcormick, Jared Blikre and Former CFTC Chief Market Intelligence Officer Andy Busch joined On The Move to break down the numbers. …read more […]

Known for its on-demand workout programs on exercise bikes which allow riders to join virtually with other participants, the company in September was the latest in a run of startups to receive a subdued reception from stock market investors this year. Peloton, which posted a bigger-than-expected quarterly loss, said it expects to report an adjusted loss of between $150 million and $170 million before interest, tax, depreciation and amortization for 2020. “We are within striking distance of profitability,” Chief Executive John Foley said on a call with analysts on Tuesday. …read more […]

Billionaire Paul Tudor Jones warned on Tuesday that a mix of rock-bottom interest rates and runaway government spending was a “heady brew” fueling an economic bubble that will eventually burst. …read more […]

From the energy crisis of the 1970s to pollution, famine, climate change and the next ice age, doom-and-gloomers are always predicting the “next big crisis.”
Today, Nicholas Vardy explains what history has shown us about these doomsday predictions.

I remember joining my high school debate team as a lowly freshman in the late 1970s.
Each year, high school teams across the country debated the designated topic of that academic year.
The topic in my first year was the energy crisis – and how we could best solve it.
I never went on to have great success as a debater.
But I did take away a valuable …read more […]

Walmart Inc has agreed to settle its legal dispute accusing Tesla Inc of negligence in the installation of solar panels atop hundreds of its stores, resulting in at least seven fires. Walmart had sued Tesla in August, accusing its Tesla Energy affiliate of “widespread, systematic negligence” in the installation of solar panels, and asking that the panels be removed from more than 240 stores. …read more […]

The struggling 127-year-old high tech industrial company gains Wall Street admiration Continue reading… …read more […]