After years of speculation, numerous leaks, and an original release date postponed by the ongoing pandemic, Ford F, -1.43% finally he removed the wraps from the revived Bronco. And immediately it seems that it is going to turn the adventure vehicle segment upside down. A dedicated SUV with a lot …
Read More »Schlumberger is cutting staff as virus hits revenue
Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …
Read More »“I would buy now and keep buying,” says pioneering gold investor
“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
Read More »Moderna lost a patent case and stock is slipping
Text size Maddie Meyer / Getty Images Moderna on Thursday lost a patent case that had been almost entirely overlooked as the stock increased due to excitement over the company’s Covid-19 vaccine, which will be tested in a large Phase 3 trial to begin. next week. What the decision issued …
Read More »Apple reportedly delays launch of new iPhone 5G until October
An Apple store in Sydney, Australia. Bloomberg news Apple is reportedly delaying a fall launch event for its next batch of iPhones until the “second half of October.” The tech giant was forced to delay its traditional September opening speech due to production delays caused by the coronavirus, according to …
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