Year: 2025
Hightower’s Stephanie Link says the worst is over for Boeing, names it a top 2025 pick
Boeing shares are set for a turnaround after a rough 2024, according to Hightower Advisors’ Stephanie Link. “I think the worst is behind the company,” the firm’s chief investment strategist and portfolio manager said Tuesday on CNBC’s ” Halftime Report .” “I think this is a 2025 story — my favorite one.” Link’s remarks come […]
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Honda reveals two new ‘0 Series’ EVs to be produced in Ohio
Honda 0 Saloon & Honda 0 SUV prototypes Honda LAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a […]
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U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
David Burritt, president and chief executive officer of US Steel Corp., speaks during an Economic Club of Detroit event in Detroit, Michigan, US, on Tuesday, Sept. 17, 2024. Nic Antaya | Bloomberg | Getty Images Biden formally blocked the more than $14 billion deal on Friday, citing national security concerns after a monthslong review by […]
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BMW to install new ‘panoramic’ display in all vehicles
BMW said it will begin installing a new operating system and “panoramic” display in all its new vehicles by the end of 2025. BMW LAS VEGAS — BMW AG will install a new operating system and “panoramic” display in all of its upcoming vehicles, the company said Tuesday. The new BMW Panoramic iDrive system, which […]
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Trump says he will revoke Biden offshore drilling ban on first day in office
A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California. Mario Tama | Getty Images President-Elect Donald Trump said Tuesday that he will reverse President Joe Biden’s ban on offshore drilling along most of the U.S. coastline as soon as he takes office. “I’m […]
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KBW names Citigroup, these other stocks as the firm’s favorite picks for 2025
As Wall Street looks to extend gains in the new year, Keefe, Bruyette & Woods pegs financial stocks, including Synchrony Financial and Citigroup, as some of the firm’s top picks for 2025. Despite some lingering questions about the Federal Reserve’s forward path this year with rates, stocks are still well in the midst of an […]
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Stocks making the biggest moves midday: Getty Images, Tesla, Moderna, Shutterstock and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the artificial intelligent darling slid 5%, reversing course after rising to an all-time high earlier in the session. Nvidia announced new gaming chips for computers that use its Blackwell technology at a conference in Las Vegas. Tuesday’s slide comes after a strong […]
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Bitcoin drops below $98,000 as Treasury yields pressure risk assets
Nicolas Economou | Nurphoto | Getty Images Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%. […]
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Frontier plans new flights from JFK to big American Airlines hubs Miami, Los Angeles and Dallas
Frontier Airlines Nurphoto | Nurphoto | Getty Images Discount carrier Frontier Airlines is beefing up service in New York, planning new routes to major American Airlines hubs with fares starting under $20. The airline plans to launch service between New York’s John F. Kennedy International Airport and Miami International Airport on March 30. A roundtrip […]
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Puma challenges Tiger Woods’ Sun Day Red logo
Puma logo (L) and Sun Day Red Tiger logo (R) Source: U.S. Patent and Trademark Office Sun Day Red is not out of the woods yet in regard to trademarking its logo. Footwear giant Puma filed a last-minute notice of opposition against Tiger Woods’ logos tied to his Sun Day Red brand, according to a […]
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