business news
Black box from crashed Boeing jet is on its way to Beijing for analysis, state media says
Zhu Tao, director of the aviation safety office at the Civil Aviation Administration of China, speaks during a press conference at a hotel in Wuzhou on March 23, 2022. Noel Celis | Afp | Getty Images BEIJING — Search and rescue teams have found a black box and human remains at the China Eastern Airlines […]
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The Philippines’ pivot toward China could change when Duterte steps down as president
Chinese President Xi Jinping holds talks with his Philippine counterpart Rodrigo Duterte in Manila, the Philippines on Nov. 20, 2018. Xinhua News Agency | Getty Images The Philippines has been warming up to China since President Rodrigo Duterte was elected in 2016. As Filipinos head to the polls on May 9 to elect a new […]
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Biden brings more troops and sanctions to NATO amid rising fears of Russian chemical warfare
U.S. President Joe Biden attends a meeting with NATO Secretary General Jens Stoltenberg during a NATO summit, at the Alliance’s headquarters in Brussels, Belgium, June 14, 2021. Stephanie Lecocq | Reuters WASHINGTON — President Joe Biden landed in Brussels on Wednesday for urgent meetings this week with members of NATO, the G-7 and the European […]
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Buy the dip and stay long on Nvidia, Jim Cramer says
CNBC’s Jim Cramer on Wednesday urged investors to add Nvidia stock to their portfolios and watch for chances to buy the dip. “I know this is a tough market for a stock like Nvidia, and I wouldn’t be surprised if it has another leg lower. But when you look at what this incredible company is coming […]
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Electric vehicle start-up Nikola has begun production of its first battery-electric semitruck
Nikola Motor’s Tre semi-truck. Nikola Motor Company Electric heavy-truck startup Nikola announced on Wednesday that it has begun production of the battery-powered version of its electric Tre semitruck at its factory in Coolidge, Arizona, beating rival Tesla’s electric semitruck to market. Nikola plans to begin deliveries of the trucks in the second quarter, executives said […]
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Cramer’s lightning round: I’m not holding my breath for Robinhood
3D Systems Corp: “That is always a bridesmaid, never a bride. I have to tell you, I think that 3D Systems and their whole 3D world is just not going to make money for people. I suggest you do Nvidia.” AT&T Inc: “I don’t like the balance sheet and I am very concerned [about the […]
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Asia-Pacific markets slip after oil prices jump again
Shares in Asia-Pacific slipped in Thursday morning trade after oil prices jumped around 5% on Wednesday. Source
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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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