Visitors are spotted at General Motors’ World Headquarters office fee in Detroit’s Renaissance Center. Paul Hansie | Sopa Images | Lightrocket by Getty Images General Motors is expected to announce on Tuesday significant investments to expand the production of electric vehicles in the factories of Spring Hill, Tennessee and potentially …
Read More »Warren Buffett may have reduced his stake in Wells Fargo as the bank ignored his advice and appointed him Wall Street CEO.
Bill Pugliano / Stringer / Getty Images Bloomberg said War Run Buffett has cut its holdings in Wells Fargo because the bank’s board went against his advice and appointed the chief of New Street as its new CEO, Bloomberg said. Well-known investor and Berkshire Hathaway CEO told the Financial Times …
Read More »It means ‘Waco Market’ when few sell stocks
CNBC’s Jim Kramer said Monday that “we’re in some vock market” because chasing state-stock in general doesn’t mean selling in multiples of sales f-charts, but now the market rewards investors who do. . Kramer was in charge of nearly 50-fold sales and Zoom Video Communications at cloud company Snowflake, advising …
Read More »U.S. Stock futures rise on stimulus negotiations, China’s growth
U.S. Stock futures rose on Monday, pointing to gains in key indices earlier in the week, as investors evaluated fresh stimulus packages and the prospect of China’s economic recovery. Futures linked to the S&P 500 are up 0.7%, indicating that the gauge will increase after New York’s opening llnt. Contracts …
Read More »How the ‘travel bubble’ between Hong Kong and Singapore will work
A woman at the departure gate at Hong Kong International Airport. Christian Keenan | Getty Images SINGAPORE – Leisure travel between Hong Kong and Singapore could resume next week as both cities work to establish a bilateral “travel bubble” that will allow passengers to leave the quarantine. Asia’s two largest …
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