Nikola postpones showcase day as it tries to win back investor confidence

Nikola postpones showcase day as it tries to win back investor confidence

Nikola has delayed a long-awaited event to showcase its vehicles and battery technology, as the start-up battles a crisis that led to the departure of its founder Trevor Milton. The Arizona-based company said on Wednesday that its “Nikola World” event in December, where it was set to demonstrate vehicles including the Badger pick-up truck, has been postponed, without giving a new date. While Nikola pointed to Arizona’s restrictions on large gatherings in light of the pandemic, the delay comes as the group tries to win back investors’ confidence after a short-seller earlier levelled allegations of fraud against a company that... Read More
Jim Cramer sees Boeing stock as a buy ahead of 737 Max ‘validation’

Jim Cramer sees Boeing stock as a buy ahead of 737 Max ‘validation’

A Boeing 737 MAX jet lands following a Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Jason Redmond | AFP | Getty Images (This story is for CNBC Pro subscribers only.) CNBC’s Jim Cramer said Wednesday that he believes investors should add beleaguered aerospace giant Boeing to their portfolios. “I have not liked it. I think you buy it. You’re really at the tail end of this mess,” Cramer said on “Squawk on the Street.” Source link … Read More
We Already Have One World Authorities

We Already Have One World Authorities

Plunging stock markets , bond yields, and oil prices are creating a perfect storm of adverse situations positive to impose extreme injury on the true economic system. The interdisciplinary minor in Monetary Market Regulation enhances majors comparable to Accounting, Business, Pc Science, Economics, Political Science, Public Policy and Management, and Sociology, introducing college students to market regulation as a part of their program on the University. Whereas the interdisciplinary major and minor concentrate on financial market regulation, additionally they present knowledge applying to diverse areas in the non-public, public, and nonprofit sectors. Students usually are able to mix research in... Read More
Coronavirus latest: Students in England will be allowed home for Christmas

Coronavirus latest: Students in England will be allowed home for Christmas

Andy Bounds in Huddersfield The leaders of three of northern England’s biggest cities have called for the government to relax coronavirus restrictions it has imposed on them, which they say are wrecking the region’s economy. The letter from Liverpool, Leeds and Manchester councils increases pressure on the government, whose own MPs are pressing for looser measures. In a letter to health secretary Matt Hancock and business secretary Alok Sharma, the leaders and chief executives of the cities in northern England say that hotel occupancy is at around 30 per cent normal levels and footfall has dropped by more than two-thirds... Read More
JPMorgan Chase to pay $920 million to resolve US investigations into trading practices

JPMorgan Chase to pay $920 million to resolve US investigations into trading practices

JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is set to pay $920 million to resolve probes from three U.S. government agencies over its role in the alleged manipulation of metal and Treasurys markets. The figure was released Tuesday by the Commodity Futures Trading Commission in a statement from commissioner Dan Berkovitz. Last week, news reports indicated that the New York-based bank was nearing a settlement of almost $1 billion. “For eight years, a group of traders at JPMorgan systematically … Read More
What Should Be Finished About The Financial Crisis In Europe And The U.S.?

What Should Be Finished About The Financial Crisis In Europe And The U.S.?

The present banking system may trace its roots back to the Bretton Woods agreement after the war in 1945. Bea Dixon was featured in a Target commercial known as “Founders We Imagine In: The Honey Pot,” the place she spoke about how troublesome it was for her to start out her line of female hygiene merchandise. Dixon credited Goal for working with her and serving to her firm get stocked at retailers nationwide. Search and evaluate nice deals on a wide range of business finance merchandise including short time period business loans and medium to long run business loans. Get... Read More
Devon agrees to buy rival shale producer WPX

Devon agrees to buy rival shale producer WPX

US oil producer Devon Energy has agreed to buy rival WPX in a deal valued at $12bn, the biggest in the shale industry since the collapse of crude prices earlier this year. The transaction unites the two companies in a bet on the Permian, the world’s most prolific oilfield, which stretches between Texas and New Mexico and is the heart of the US shale industry.  Devon said that under the terms of the agreement announced on Monday, WPX investors will receive 0.5165 Devon shares for each WPX share they own. The $12bn value of the transaction includes the debts of … Read More
Trump offers no proof as he claims he’s paid millions in taxes and has little debt

Trump offers no proof as he claims he’s paid millions in taxes and has little debt

U.S. President Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington, U.S. Ken Cedeno | Reuters President Donald Trump on Monday claimed he had paid “many millions of dollars in taxes” and has “very little debt” after a bombshell report in The New York Times revealed he had paid effectively no income taxes over several years, and is facing more than $400 million in looming loan and debt repayments. But Trump, in his tweet making that claim, did not offer proof and conspicuously did... Read More
US-China tensions put Kioxia’s $3.2bn IPO in doubt

US-China tensions put Kioxia’s $3.2bn IPO in doubt

The board of Kioxia Holdings is due to meet on Monday to discuss postponing Japan’s biggest initial public offering of the year, in a sign that tensions between Washington and Beijing are rippling through the global tech sector. Kioxia, the world’s second-largest producer of NAND flash memory chips, was due to reveal pricing for its $3.2bn listing on Monday but will instead make a last-minute decision on whether to delay, according to two people with direct knowledge of the matter. The planned IPO by the company, which is 40 per cent owned by Toshiba, was on course to be Japan’s... Read More
Democrats say confirmation would end Obamacare

Democrats say confirmation would end Obamacare

Judge Amy Coney Barrett speaks after being nominated to the US Supreme Court by President Donald Trump in the Rose Garden of the White House in Washington, DC on September 26, 2020. OLIVIER DOULIERY | AFP | Getty Images Presidential contender Joe Biden and his Democratic allies are seeking to turn President Donald Trump’s nomination of Judge Amy Coney Barrett to the Supreme Court into a referendum on the future of American health care.  Trump nominated the Indiana-based federal appeals court judge to the high court on Saturday night, praising her credentials and noting that future cases would decide the... Read More