Day: March 23, 2022
Investigators find one black box from plane crash in southern China
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email “The U.S. has a dog in the fight. It was a U.S. designed and built aircraft,” Jeff Guzzetti, former FAA safety manager, says as the U.S. is now invited to join the Chinese investigation into a plane crash in southern China. Source
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Bank of America says Russia-Ukraine conflict will hasten Europe’s energy transition — and names its top stock picks to cash in
Bank of America has named its top European energy stock picks as the region seeks to accelerate its pivot away from fossil fuels. Source
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Holley CEO says the company is managing supply chain issues, looks to accelerate company growth
Holley is pursuing growth through managing supply chain issues currently dogging the auto industry, chief executive Tom Tomlinson told CNBC’s Jim Cramer on Wednesday. “Supply chain has definitely been a challenge, but we’ve managed it effectively,” Tomlinson said in an interview on “Mad Money.” “We’ve left some dollars on the table though still, and we’re […]
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Jim Cramer tells investors to ‘stay the course’ as markets continue to shake
CNBC’s Jim Cramer told investors that they shouldn’t lose faith in the market’s ability to recover after Wednesday’s declines. “History is very clear: It says you must stay the course. The S&P 500’s already had a successful 50% retracement of its huge decline, and in the 21 times that’s happened since the Great Depression, it’s […]
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Stock futures rise slightly as Wall Street tries to recover from Wednesday’s losses
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures rose slightly on Wednesday night as investors recover from losses during the regular trading session. The Dow Jones Industrial Average futures rose by 4 points, or 0.01%. S&P 500 and […]
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Who stands to make and lose money if the SEC climate rule becomes law
The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Stocks making the biggest moves after hours: KB Home, Spotify and more
New Home Construction by KB Home in California Bloomberg | Getty Images Check out the stocks making headlines in extended trading on Wednesday. KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company […]
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Google will allow Spotify to offer its own billing on Android
Sundar Pichai, senior vice president of Android, Chrome and Apps at Google Inc., gestures as he speaks during the company’s Android One smartphone launch event in New Delhi, India, on Monday, Sept. 15, 2014. Kuni Takahashi | Bloomberg | Getty Images Google and Spotify said on Wednesday that a future version of the Spotify app […]
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Here’s why stocks can still go higher, even with the Fed’s aggressive rate-hiking stance
Stocks may actually like an inflation-fighting Federal Reserve, despite volatility leading up to the central bank’s first rate hike in more than three years. Source
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