Shares of United Parcel Services Inc. soared to their best day ever on Thursday as surprisingly strong consumer demand in the face of the COVID-19 pandemic offset the weakness in business demand and helped prepare the giant for delivering packages for the upcoming peak shopping season. Christmas came early for …
Read More »Ford Bronco’s reserves far exceed expectations, executives say
The new Ford Bronco SUV is already exceeding the company’s expectations before hitting dealership showrooms next year. More than 150,000 bookings have been made for the next two- or four-door SUV, far exceeding Ford Motor’s initial expectations, according to executives. “That exceeds our optimistic expectations,” Ford CFO Tim Stone told …
Read More »Ford Earnings (F) Q2 2020
A visitor walks past a Ford Escape Titanium at the Shanghai Motor Show on April 17, 2019. Greg Baker | AFP | fake pictures Ford Motor performed much better than expected by Wall Street during the second quarter, even exceeding its own expectations, as the coronavirus caused continuous plant shutdowns …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »United warns it could suspend more pilots, extends voluntary license terms
A pilot walks United Airlines planes as they sit parked at the gates of San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | fake pictures United Airlines warned Thursday that it may need to suspend more pilots than previously expected, as a significant rebound …
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