Month: May 2022
Biden heads to Alabama facility where Lockheed is making key Javelin weapon for Ukraine
A serviceman of Ukrainian military forces holds a FGM-148 Javelin, an American-made portable anti-tank missile, at a checkpoint, where they hold a position near Kharkiv, on March 23, 2022. Sergey Bobok | AFP | Getty Images TROY, Alabama — One of the most effective U.S. weapons in Ukraine’s fight against Russia comes from an unlikely place: […]
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Peter Thiel’s luxury New Zealand lodge should be rejected, council planner says
Peter Thiel has properties all over the world but a proposed luxury lodge in New Zealand may not come to fruition. Marco Bello | Getty Images The future of Peter Thiel’s luxury lodge on New Zealand’s South Island hangs in the balance after a senior planner for the local council said the tech billionaire’s development […]
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Apple Store workers in Maryland begin union drive
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers at an Apple store in Maryland are taking steps to unionize, CNBC confirmed Tuesday. It’s the third store to effort a campaign, setting up a potential labor battle with Apple. Organizers at […]
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Op-ed: Money decisions by women will shape the future for the U.S.
The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are generating and managing an increasing amount of wealth in the U.S. Meanwhile, closing the gender gap has been one of the major financial initiatives in America over the past decade. […]
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Shanghai authorities stepped up to help Tesla reopen factory, letter shows
A truck leaves the Tesla Shanghai Gigafactory on April 25, 2021 in Shanghai, China. Visual China Group | Getty Images Shanghai authorities helped Tesla transport more than 6,000 workers and carry out necessary disinfection work to reopen its factory last month amid the city’s lockdown, according to a letter that Tesla sent to local officials […]
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Germany’s economic situation is fragile: BaFin President Mark Branson
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Branson, president of Germany’s Federal Financial Supervisory Authority, discusses the outlook for the country’s economy following rising inflationary pressures and the fallout from the Ukraine war. Source
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Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now
Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight. “You can’t think of a […]
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Crypto cash flows into midterm elections as the industry flexes its political clout
This year’s midterm elections aren’t just about red versus blue. Crypto investors are trying to turn politics orange. That’s the color adopted by bitcoin’s most ardent supporters, who have driven an influx of cash into campaigns across the country. Sam Bankman-Fried, CEO of crypto exchange FTX, is the primary force behind the political action committee […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are lower after Monday’s intraday reversal Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images Stock futures were slightly […]
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Stocks making the biggest moves in the premarket: Paramount Global, Logitech, Chegg and more
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue came in below analysts’ forecasts for the media company, amid increasing video streaming competition and weak ad sales growth. Logitech (LOGI) – Logitech […]
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