Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at its U.S. battery venture with Tesla Inc.
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next.The U.S. said it’s preparing for a possible pandemic and Hong Kong closed more checkpoints with mainland China, as the number of cases passed 20,000.As Beijing tries to contain the damage from the worsening crisis, officials are evaluating whether the target for economic growth this year should be softened. China is hoping the U.S. will agree to some flexibility on pledges in their phase-one trade deal, people familiar with the situation said.In the U.S., the Centers for Disease Control and …read more […]
As the United States shale boom slows down, oil companies are scrambling to find the next big unconventional play, and there’s a lot at stake …read more […]
Huawei Technologies Co Ltd on Monday asked the Federal Communications Commission (FCC) not to finalize its designation of the China tech giant as a risk to U.S. national security, calling the effort “unlawful and misguided.”
United Airlines said on Monday it will move up its temporary suspension of U.S.-bound flights from mainland China by one day to Tuesday.
United Airlines said on Monday it will move up its temporary suspension of U.S.-bound flights from mainland China by one day to Tuesday. The airline, which is the last U.S. airline still conducting China flights, said on Friday it planned to fly its last flight from China on Wednesday because of the coronavirus outbreak. American Airlines ended its flights from mainland China on Friday. …read more […]
Google-parent Alphabet Inc’s worst fourth-quarter revenue growth since 2015 sent shares down nearly 5% on Monday, overshadowing the disclosure for the first time of YouTube advertising revenue.
Enbridge Inc’s Line 3 pipeline replacement cleared key hurdles on Monday, after a Minnesota regulator endorsed a revised environmental impact statement for the project.
The Minnesota Public Utilities Commission on Monday approved a certificate of need for Enbridge Inc’s Line 3 oil replacement project, moving the long-delayed replacement closer to reality.
Australia’s No.2 lender Westpac Banking Corp was hit with another U.S. class-action lawsuit in less than a week on Monday, over issues with its financial crime monitoring amid a recent money laundering scandal.
Advertising’s biggest night, the Super Bowl, is officially over. Ace Metrix CEO Peter Deboll joins The Final Round to break down the most successful advertisements of the night. …read more […]
We are maintaining our BUY rating on Tesla Inc. (TSLA) and raising our target price to $808 from $556. In 2020, Tesla expects more than 500,000 vehicle deliveries, driven primarily by the ramp-up of Model 3 production in Shanghai. …read more […]
Alaska is considered by many to be an oil region in decline, but new technology is unlocking billions of barrels in recoverable oil …read more […]
Last night while the Kansas City Chiefs were coming back against the San Francisco 49ers in Super Bowl 54, our eyes were fixed on two things…
The U.S. stock futures and the opening of the Shanghai Stock Exchange.
The futures market is where people trade contracts that are legal agreements for them to buy or sell something at a specified time in the future, for a predetermined price.
The U.S. stock futures were trading higher in the U.S. before the Shanghai Exchange opened. Once it opened, the futures immediately plunged almost 10%.
But the U.S. futures didn’t plunge in the U.S. market. In fact, …read more […]
U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China.
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