Big Day for Q2 Earnings, U.S. Spends $1.95B on Pfizer Drug
Wednesday, July 22, 2020 We see a reversal in the main stock indexes this morning from what we saw at yesterday afternoon’s close: the Nasdaq is now up while the Dow and S&P 500 are both down — all relatively marginally, considering the higher…
ABB points to improving order situation after quarterly profit beat
By John Revill ZURICH (Reuters) – Swiss engineering firm ABB said on Wednesday its order situation could improve in the coming months, suggesting there was some light amid the gloom surrounding the industrial sector caused to the coronavirus…
Hyundai KONA surpasses 100,000 units in global sales
Despite being relatively new in the automotive market, Hyundai’s KONA Electric is already celebrating a substantial achievement, as it recently surpassed the 100,000 global sales milestone. Since its launch in March 2018, total sales of the KONA…
Bugatti is delaying production of a more affordable model, saying its ‘utmost priority is on liquidity’ amid the pandemic
Bugatti Chiron Pur Sport. Bugatti Bugatti is delaying its plans to produce a more affordable alternative to its $2.9 million Chiron supercar, according to a report from Automotive News Europe. The Volkswagen Group, which owns Bugatti, will focus on…
US STOCKS-S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Energy stocks rise most since June 5 * Tesla loses ground after JPM downgrade * Coca-Cola rises on demand rebound * Indexes: Dow up 0.60%, S&P rises 0.17%, Nasdaq down…
What we know about the death of Fahim Saleh, the 33-year-old tech millionaire who was found decapitated and dismembered in his Manhattan condo
33-year-old entrepreneur Fahim Saleh in a YouTube video he published on Feb. 2, 2020. Fahim Saleh/YouTube On Monday, July 13, tech entrepreneur Fahim Saleh was stabbed to death in his seventh-floor Manhattan condominium. Saleh’s body was found…
Elon Musk Unlocks $2.1 Billion Award as Tesla Hits Milestone
(Bloomberg) — Tesla Inc. Chief Executive Officer Elon Musk unlocked the second chunk of his moonshot pay award. The electric-car maker’s average trailing market value over six months rose above $150 billion on Tuesday, according to data compiled by…
Ford Just Unveiled a One-of-a-Kind Electric Mustang Mach-E With 1,400 Horsepower
Click here to read the full article. Still believe electric cars are boring? Then you should meet Ford’s newest Mustang. On Tuesday, the American automaker offered its first look at the all-electric Mustang Mach-E, a one-of-a-kind race car prototype with…
The All-Electric Mercedes-Benz EQS Could Have a 435-Mile Range, Daimler CEO Says
Click here to read the full article. Any automaker who plans to partake in the electric revolution knows that its EVs will be compared to Tesla’s. Mercedes-Benz, for one, doesn’t appear to be shying away from that comparison. That may be because its…
Man Allegedly Yells Racial Slurs At Fanwood Boy, Father Says
FANWOOD, NJ — The Union County Prosecutor’s Office and the Fanwood Police are “gathering more information” after a Fanwood father says a man allegedly yelled racial slurs at his 11-year-old son who was riding his scooter last week.…