The Free Press had a few minutes to talk with Jim Farley about his promotion Tuesday at Ford Motor Company, and with outgoing CEO Jim Hackett. …read more […]
A few weeks ago, we had an intruder on the farm… and now we’ve got helicopters buzzing the tree line.
It’s proof that one mistake leads to another… and that one economic goof can lead to an explosion of mistakes.
This tale is one you’ll want to note.
You see, Mrs. Manward called us in a bit of a panic the other day. There was a small black helicopter circling our house. He was flying within feet of the ground, going back and forth… back and forth.
It got so close that she could see the pilot looking at her. He waved, cocked the …read more […]
Skyworks Solutions, Inc. (NASDAQ:SWKS) stock is about to trade ex-dividend in four days. Investors can purchase shares… …read more […]
Top news and what to watch in the markets on Wednesday, August 5, 2020. …read more […]
(Bloomberg) — It gets far less attention than Tesla, the FAANGs or even the Robinhood flavor of the week.Yet Sea Ltd. has quietly become the world’s best-performing large-cap stock, stoking a debate on Wall Street over whether the Singapore-based gaming, e-commerce and payments company is the next great internet colossus or just Exhibit A in a global tech bubble that’s destined to burst.For now at least, bulls have the upper hand. Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880% in the …read more […]
(Bloomberg) — In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S. rivals Amoco and Arco to create a transatlantic giant. He kicked off a round of mergers that saw his company and four others dominate the industry — Exxon Mobil Corp. and Chevron Corp. in the U.S., Royal Dutch Shell Plc and Total SA in Europe.That era ended on Tuesday when Bernard Looney, the third chief executive officer since Browne’s swashbuckling reign ended in 2007, declared BP would be a supermajor no more and proposed a …read more […]
(Bloomberg) — Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena.The Chinese social media titan — which owns a 37% stake in Huya and 38% of DouYu — has been discussing such a merger with the duo over the past few months, although details have yet to be finalized, said the people, who asked not to be identified because discussions are private. Tencent is seeking to become the largest shareholder in …read more […]
Precious metal values have been pushed up as investors look for havens amid the coronavirus crisis. …read more […]
The company’s shares closed down 3.61% at $14.40 after the Wall Street Journal reported earlier that the U.S. Securities and Exchange Commission would investigate the deal. Trump told reporters the concept of the arrangement was good because it would help Kodak branch out into a new business area, but he was not personally involved in the deal. The SEC investigation is at an early stage and may not produce allegations of wrongdoing by Kodak or any individuals, the WSJ said, citing people familiar with the matter. …read more […]
Exxon Mobil Corp told employees it would begin suspending the employer match to retirement savings plans beginning in early October, said sources who received a message from the company on Tuesday. “The company intends to suspend the company match contribution to the U.S. Exxon Mobil Savings Plan for all employees covered by the Savings Plan, effective around Oct. 1, 2020.” …read more […]
(Bloomberg) — Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena.The Chinese social media titan — which owns a 37% stake in Huya and 38% of DouYu — has been discussing such a merger with the duo over the past few months, although details have yet to be finalized, said the people, who asked not to be identified because discussions are private. Tencent is seeking to become the largest shareholder in …read more […]
(Bloomberg) — Amazon.com Inc. will kick off its first Prime Day since the coronavirus outbreak later this week in India, modifying almost everything about the retail bonanza to navigate the realities of a new era.Prime Day will have the customary deep discounts, hundreds of exclusive products, new launches and cashback offers. But in a profound departure from the past, the global retailer will have a virtual operations room instead of a real one, with thousands of employees coordinating the sale from their homes, and stringent hygiene protocols for its armies of packers, sorters and deliverymen.India is a test case for …read more […]
(Bloomberg) — Oil was steady near $41 a barrel in New York after the longest run of gains in six weeks on signs U.S. crude stockpiles extended declines.The American Petroleum Institute reported crude inventories dropped by 8.59 million barrels last week, with gasoline stockpiles resuming draws, according to people familiar with the figures. Meanwhile, futures rose 1.7% on Tuesday after a massive blast at Lebanon’s main port rocked Beirut, raising concerns about fresh instability in the Middle East. Authorities didn’t immediately say whether it was an accident or an attack.Oil has struggled to maintain its momentum after rallying from a …read more […]
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