The actions of the cruise operators were affected on Friday by the extension of the order of prohibition of navigation on the part of the Centers for the Control and the Prevention of Diseases, as a result of the recent increase in the cases of COVID-19. The CDC said passenger …
Read More »American Airlines CEO: “Let’s fly, for God’s sake”
The pandemic is not yet affecting American Airlines, not if its CEO has anything to say about it anyway. “We’re going to fly, for heaven’s sake,” CEO Doug Parker told the Wall Street Journal. [The Wall Street Journal shares common ownership with MarketWatch.] “If it doesn’t work, we will remove …
Read More »P&G catches up on climate change, but critics say troubling tree-to-toilet pipe needs to go
Charmin’s toilet paper maker Procter & Gamble Co. has teamed up with other consumer product conglomerates with its own updated climate change campaign, and agrees with its rivals that the next decade is a critical time for action, but drawing new concerns from natural resource groups. CEO David Taylor and …
Read More »EV Stock NIO rally has gone too far, says Goldman
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
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