Chinese manufacturer of electric cars Xpeng (NYSE: XPEV) is now public. The aspirant Tesla (NASDAQ: TSLA) rival announced that it was selling 100 million U.S. depository shares (ADSs) for every $ 15, raising about $ 1.5 billion in an initial public offering that began trading on August 27th. That was …
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What happened Who would have thunk it? Abbott Laboratories‘ (NYSE: ABT) “fast, $ 5, 15-minute, easy-to-use COVID-19 test” is music to the ears of investors – and especially cruise stock investors. This morning, pharmaceutical giant Abbott announced that the FDA has given emergency authorization to healthcare providers to use their …
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The morning after Real Salt Lake and LAFC decided not to play their scheduled game Wednesday night at Rio Tinto Stadium, RSL owner Dell Loy Hansen responded with what he described as “deep disappointment.” Speaking on the local show “Radio From Hell”, Hansen said that the boycott of the game …
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Apple has decided to sell its upcoming iPhone 12 models without a few accessories such as a power adapter and wired EarPods, according to Taiwanese research firm TrendForce, confirming a widespread rumor. TrendForce notes that iPhone 12 models will be more expensive for Apple to produce because of 5G support, …
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Weekly starting unemployment claims fell slightly to 1 million, to 1.1 million, according to data from the Department of Labor, as companies continue to employ workers, even as parts of the economy show signs of rebound. Recovery remains well out of reach and depending on the health situation and policy …
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