Month: February 2020

Disney calls out weak sales of Mickey and Minnie merchandise. …read more […]

Wind and solar power are transforming global energy supplies.
But both resources come with unique issues.
Solar panels are useless at night. And wind is unpredictable in many areas of the world.
But as battery costs have dropped, energy storage is starting to assist solar and wind. As a result, utilities, businesses and homeowners can now store electricity.
Energy Storage
Storage allows electricity to “time shift.” It’s stored during periods of low use, when it’s cheap and abundant.
During peak use periods, stored power is added to baseload supplies. A typical, 24-hour electricity demand curve looks like the one below.

It’s called a “duck curve.” You can …read more […]

The funding brings Nestle’s total investment to $473 million, increasing the Swiss company’s stake to 19.9% of Aimmune’s outstanding stock and voting power. Nestle’s investment is an incremental positive for Aimmune’s shares, which have seen some weakness due to investor worries over financing, Piper Sandler analyst Christopher Raymond wrote in a note. “With this additional investment, we think the prospect of an outright take out by Nestle (or anyone else for that matter) has to be factored in more than before,” Raymond said. …read more […]

LinkedIn CEO Jeff Weiner will step down as the company’s chief executive officer. He will be replaced by Ryan Roslansky who is the current Senior Vice President of Products and User Experience. Yahoo Finance’s Julie Hyman covers the breaking news story on On The Move. …read more […]

(Bloomberg) — A Boeing Co. passenger jet operated by Turkish discount carrier Pegasus Airlines split in two after veering off the runway as it landed in wet weather in Istanbul with 183 people on board.Authorities said no-one was killed in the incident at Sabiha Gokcen airport on the Asian side of the city, with video footage showing passengers fleeing through gaps in the fuselage. The rear of the plane caught fire, while the front became detached and appeared to have come to a rest upside down.Turkish Transportation Minister Cahit Turhan said in televised comments that emergency teams were evacuating the …read more […]

Look overseas for opportunities in stocks. You might be tempted to skip investing in international stocks with the sector’s weak recent performance in contrast with U.S. markets. But the international … …read more […]

Guru invests in restructuring cancer drug developer Continue reading… …read more […]

Philip Dauchy, Cadillac’s Global Head of Brand Strategy and Yahoo Finance’s Rick Newman join On the Move to break down details on GM’s newest vehicle, the 2021 Escalade. …read more […]

United Airlines Holdings Inc announced on Wednesday an agreement to purchase a flight training academy in Phoenix in a move aimed at bolstering its pilot pipeline as the industry faces a global shortage. To address a tight U.S. labor market created by years of slow pilot hiring, a wave of pending retirements and new rules that in 2013 increased the number of required training hours, U.S. airlines have been taking steps to attract young aviators. Chicago-based United, which is looking to hire more than 10,000 pilots by 2029, will be the first major U.S. carrier to run its …read more […]