Blink and you missed it: the U.S. yield curve inverted again
A closely watched bond market phenomenon has again flashed yellow, but investors are loathe to give it much weight.
Lordstown Motors pursuing $200 million U.S. retooling loan, will show EV truck at Detroit show: CEO
Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters.
Global stocks rebound in broad rally, safe-havens lose luster
Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets lost a bit of their appeal as investors took a less pessimistic view of the potential economic fallout from China’s coronavirus outbreak.
Apple leads Wall Street rebound ahead of results
U.S. stocks rebounded on Tuesday, with the S&P 500 bouncing back from its worst day in nearly four months, led by a climb in Apple and other names after concerns on the economic impact of the coronavirus outbreak in China sparked a sell-off last week.
Harley-Davidson’s sales growth struggle sends shares tumbling
Harley-Davidson Inc on Tuesday reported a decline in quarterly motorcycle revenue that outpaced Wall Street’s estimates as retail sales in the United States dived again, sending its shares lower.
High expectations for Tesla, and a long way to go to match rivals’ steady profit
Buckle up. Tesla’s quarterly report could be another wild ride for investors.
U.S. economy on path to ‘solid’ 2020 growth; budget deficits to top $1 trillion
The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion.
United cancels flights to China as Facebook, others avoid travel on virus fears
United Airlines Holdings Inc is cancelling some flights to China as Facebook Inc and other global companies restrict travel to the country, with concerns over a flu-like virus deepening.
Canada, isolated over Huawei 5G, is studying British decision
Canada, the only member of an elite intelligence-sharing network yet to decide whether to allow the use of Huawei Technologies Co Ltd 5G technology, on Tuesday said it was studying Britain’s decision not to ban the Chinese telecoms giant from the West’…
How Facebook thinks its independent oversight board should work
Facebook Inc recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board’s administrative staff.
