Trading Ideas
Apple upgrades its Maps app in bid to steal market share from Google
Apple has rolled out a major update to its Maps app to users across the U.S. …read more […]
Month: January 2020
Business News
Wall St. falls on China virus concerns, Facebook earnings
U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, while weak earnings from Facebook and others added to the gloom.
Trading Ideas
First known person-to-person spread of coronavirus in U.S. confirmed: CDC
CDC has confirmed the first known case of person-to-person spread of new coronavirus in U.S. Yahoo Finance’s Adam Shapiro reports. …read more […]
Business News
Companies Trump said would create thousands of jobs have failed to deliver
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing “tens of thousands of new American jobs” and investing “billions and billions of dollars.”
Trading Ideas
Facebook's stock tanked after earnings — analysts weigh in on why
Overall, Facebook met or exceeded expectations across all of the important metrics. So then, why were investors punishing the company’s stock? …read more […]
Trading Ideas
Southwest pilots flew millions with unconfirmed maintenance records: WSJ
Southwest Airlines is under pressure after a recent government report to be released in the coming days says the airline flew more than 17 million passengers on planes with unconfirmed maintenance records over the course of two years, according to the Wall Street Journal. Yahoo Finance’s Alexis Keenan joins the On the Move panel to discuss. …read more […]
Trading Ideas
Why it's a mistake for investors to compare the coronavirus to SARS: Economist
Investors looking to the 2002 to 2003 SARS outbreak as precedent for how global markets and the economy will perform during the current coronavirus developments will receive an imperfect guide, according to economists from at least one firm. …read more […]
Trading Ideas
Why Medical Cannabis Advocates Are Still Battling
In 1996, Californians cast their ballots for Proposition 215. This legalized medical marijuana in the state.
Over the next handful of years, Alaska, Colorado, the District of Columbia, Hawaii, Maine, Nevada, Oregon and Washington followed suit.
And that momentum didn’t die down. Today, 33 states have legalized medical cannabis. Roughly 60% of Americans live in a state that allows legal access to medical marijuana.
But there’s still plenty of work to be done.
To discuss this, I’m joined today by Americans for Safe Access (ASA) interim director, Debbie Churgai.
For nearly two decades, the nonprofit has been a champion for patient rights and consumer safety, …read more […]
Business News
Southwest disputes U.S. government audit on safety lapses, shares slide
Southwest Airlines on Thursday disputed the findings of a draft U.S. government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on used jets whose documentation made it impossible for regulators to determine if required maintenance had been completed.
Business News
Current U.S. earnings season points to growth, defying expectations
Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.
Business News
Aston Martin calls board meeting to decide on fundraising: FT
Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial Times reported on Thursday.
Business News
Tesla directors settle, isolating Musk as SolarCity trial looms
Directors of Tesla Inc settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar system installer, according to court documents.
Trading Ideas
Coronavirus cases continue to spread, here’s why it’s not like SARS
The Coronavirus continues to spread with more than 8,000 confirmed cases worldwide. Yahoo Finance’s Emily McCormick joins the On The Move panel to discuss why Coronavirus is not like SARS. …read more […]
Business News
Altria takes another $4 billion hit on Juul investment, revises deal terms
Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.
Business News
Factbox: U.S. lawsuits take aim at vaping
Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by the U.S. public health agency.