Many western fashion companies have remained silent when it comes to the Chinese government’s stance on local issues, fearing they will lose favor in one of the world’s most powerful and fastest-growing consumer markets or access to a critical manufacturing hub in your supply chains. But on the issue of …
Read More »Tony Finau replaces old caddy Greg Bodine at 3M Open
BLAINE, Minnesota: For the second week in a row, Tony Finau found himself near the top of a tournament standings after his opening round. But his old caddy, Greg Bodine, was not with him on Thursday. Finau said she had ended her relationship with Bodine after last week’s collapse at …
Read More »Honeywell Beat Earnings. What their numbers mean for the industrial economy.
Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
Read More »Goldman Sachs and Malaysia agree to 1MDB deal
HONG KONG – Goldman Sachs has agreed to a $ 3.9 billion deal with Malaysia to leave behind one of the biggest scandals in the bank’s history that changed the course of politics in the country. The deal stems from 2018 charges by Malaysian prosecutors against several Goldman units for …
Read More »Tesla’s second-quarter earnings rated it for inclusion in the S&P 500 Index. Here’s what has to happen next for it to add. (TSLA)
Tesla is now eligible to be considered for inclusion in the popular S&P 500 index after its successful earnings results. On Wednesday, Tesla reported its fourth consecutive quarterly profit, the final milestone it needed to reach for consideration in the index. Here’s what happens next, according to the S&P D&Jones. …
Read More »