The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 203.05% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
Read More »Bill Gates on Elon Musk’s controversial coronavirus comments: Stick to Electric Cars and Rockets
“ Elon’s position is to maintain a high level of outrageous comment, he is not heavily involved in vaccines. Makes a great electric car. And their rockets work well. Then you are allowed to say these things. I hope he doesn’t confuse areas that he’s not too involved in. ‘ …
Read More »Tesla plans a $ 780 million bond deal linked to vehicle leases, its first offer of its kind during the pandemic
Telsa Inc., after reporting a surprising second-quarter profit, plans to raise $ 779.53 million this week in the asset-backed bond market. The Palo Alto, California-based electric vehicle maker is offering eight classes of bonds to investors maturing in 2.7 years or less and most of which have the best AAA …
Read More »Albertsons shares are falling because strong earnings were not enough
Text size Digital candles increased 276% in the quarter, while sales in the same store rose 26.5%. Matthew Staver / Bloomberg News Albertsons Cos. He released an optimistic first-quarter fiscal report on Monday, but his shares were falling because investors may have been waiting for more from the supermarket operator, …
Read More »Billionaire investor Ray Dalio fears for the dollar and the “strength of our money,” and here is why
Gold is rebounding earlier in the week as tensions between the United States and China and fears of the coronavirus mount, but the dollar continues to decline. The precious metal hit a new record on Monday, like GC gold futures, -0.39% it rose $ 39.60, or 2.1%, to $ 1,937.20 …
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