Posts Tagged by Stocks

VW Group’s Electrify America is rolling out an ambitious plan to partner with retail companies and developers to bring fast charging for electric vehicles to more locations. The company is joining with Walmart and Target. 2,000 individual fast-chargers will be installed. We’ve tested numerous electric […]

An insider trading trial against former Amaya CEO David Baazov and his co-accused that is expected to last until fall got underway this morning in Quebec court. read more >>> Source:: CTVNews.Ca

An administrative law judge is due Monday to recommend whether Minnesota regulators should approve Enbridge Energy’s proposal for replacing its aging Line 3 crude oil pipeline across northern Minnesota. read more >>> Source:: CTVNews.Ca

On Sunday, Kanye West praised Elon Musk and Tesla on Twitter, calling his Tesla vehicle “the funnest car I’ve ever driven.” West didn’t specify which vehicle he was referring to, but earlier this month, Platinum Motorsports posted photos on Instagram of a Model S luxury […]

The second straight month of growth suggests that buyers are unfazed by the shrinking number of available properties. read more >>> Source:: CNBC.Com

Biotech company Prothena said on Monday that its drug to treat AL Amyloidosis, a rare disease in which amyloid protein builds up in the body and disrupts organ function, failed a key trial. The drug, NEOD001, failed a phase 2 trial, and the company decided […]

Gender discrimination is widespread in the Chinese workforce, a human rights group said Monday, with many hiring advertisements openly calling only for male applicants and using the attractiveness of female co-workers as a draw. read more >>> Source:: CTVNews.Ca

The 10-year yield is up 2 basis points at 2.98%. It hasn’t touched 3% since January 2014. Wall Street has been watching the 3% level closely, because a breakout above that level could hurt stocks. The 10-year yield is closing in on the key 3% […]

Going forward, Indian market is going to be impacted strongly by liquidity stance. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Bitcoin Cash is up 17% against the dollar on Monday. The cryptocurrency has risen 80% over the last seven days. An upcoming ‘fork’ of the currency — a change to its underlying code — appears to be supporting the price rally. Follow the live Bitcoin […]

General Motors said Monday that it has reached a tentative agreement with its South Korean labour union on measures to cut costs and allocate new car models to GM Korea factories. read more >>> Source:: CTVNews.Ca

Buying of the American currency by banks and importers gave the dollar more strength. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Federal Environment and Climate Change Minister Catherine McKenna is defending BP Canada’s plans to drill an exploration well roughly 330 kilometres off the coast of Halifax. read more >>> Source:: CTVNews.Ca

The World Bank has suggested employers should be able to opt out of paying minimum wage, in a draft report released Friday. It recommended that labour markets should be further deregulated, creating more flexible employment. Owen Tudor, Head of International Relations at the International Trade […]

It’s small but swanky. CNBC’s Uptin Saiidi heads to Japan to experience one of many growing posh pod hotels. read more >>> Source:: CNBC.Com

The rupee has often depreciated against the dollar in a period of 12 months prior to the general elections. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Good morning! Here’s what you need to know on Monday. 1. Swiss banking giant UBS saw its profits jump 19% in the first quarter of the year, boosted by strong equity trading activity. UBS reported a net profit of 1.5 billion Swiss francs ($1.54 billion) […]

Shares were mostly lower in Asia on Monday following Friday’s steep slide in technology shares on Wall Street. Markets had only a muted reaction, if any, to North Korea’s announcement that it would stop nuclear and missile testing. read more >>> Source:: CTVNews.Ca

Buying of the American currency by banks and importers gave the dollar more strength. read more >>> Source:: EconomicTimes.IndiaTimes.Com

Companies are complaining that Alibaba punished them after they refused to enter exclusive partnerships with the e-commerce giant. Five major consumer brands tell the Associated Press that after they rebuffed Alibaba, traffic to their products fell, hurting online sales. read more >>> Source:: CTVNews.Ca

JPMorgan Chase is a giant on Wall Street, but it’s also very engaged with the smaller players in the fintech world. The bank paid over $220 million to buy WePay in October, and led a $100 million investment in Bill.com weeks before that. CIO Lori […]

Tesla has a history of proving its doubters wrong, but over the last few months, the automaker has faced a number of challenges. From missed production targets to questions about its financial health, Tesla may be at an inflection point. Whether Tesla can overcome recent […]

Breanne Madigan spent 13 years at Goldman Sachs. Now she’s joining the financial technology startup Blockchain as its head of institutional sales and strategies. She told Business Insider that she was interested in blockchains and cryptocurrencies because, she believes, they will “completely reengineer the way […]

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Artificial intelligence (AI) is one of the most commonly referenced terms by financial institutions (FIs) and payments firms when […]

Circle Trade, the trading operation of Circle, has increased its minimum ticket size on bitcoin trades to $500,000. The move comes during a trading lull in the market for digital currencies across crypto exchange venues. Chief executive Jeremy Allaire told Business Insider the size of […]

There’s gridlock in the US equity market, with intra-stock correlations sitting close to their highest level on record. Goldman Sachs has identified 14 stocks that are operating with a mind of their own and seem to offer a big upside. Stocks in the US market […]

Paramount’s “A Quiet Place” is back on top of the domestic box office with $22 million this weekend. It’s now made $132 million domestically (with only a $17 million budget). “I Feel Pretty” ($16.2 million) and “Super Troopers 2” ($14.7 million) had solid opening weekends. […]

Restaurant Brands International Inc. discusses first-quarter results on Tuesday. Shares for the parent company of Burger King and Tim Hortons have fallen to their lowest point since February 2017. read more >>> Source:: CTVNews.Ca

Canada’s central bank governor says inflation will likely hover just above the historic target of two per cent for this entire year, but he’s comfortable with that because the longer-term trendline is steady. read more >>> Source:: CTVNews.Ca

The United States comprises about 5% of the world’s population. However, Americans consume an far more than that share of the world’s food, water, and energy. They also generate a lot of emissions and garbage in the process. In honor of Earth Day, a revealing […]

ZTE Corp., one of China’s biggest tech companies, said Sunday that it is taking steps to comply with a U.S. technology ban and that it is seeking a solution to the issue it says threatens its survival. read more >>> Source:: CTVNews.Ca

A trade that was formerly very popular with long-term investors has delivered two straight quarters of negative total return for the first time since 1973. Morgan Stanley sees the trade as set for a comeback, and says it has a strategy that’s perfect for playing […]

$99 million worth of litecoin was sent in a single trade on Thursday. The transaction took just two-and-a-half minutes to clear and cost only $0.40 in fees. Crypto bulls are pointing to the trade as evidence that cryptocurrency is better for sending money than traditional […]

The Wedbush analyst Michael Pachter on Tuesday reiterated his “underperform” rating on Netflix’s shares. His bearish view comes despite the company’s earnings report Monday that said it added about 1 million more subscribers in the first quarter than analysts had expected. Pachter is concerned about […]

Queen Elizabeth II is the longest-lived and longest-reigning British monarch in history. She’s ruled over the United Kingdom as a constitutional monarch since her 1953 coronation. The queen and her family are frequently in the news — but there are some facts about Queen Elizabeth […]

Nova Scotia’s offshore petroleum regulator has granted BP Canada Energy Group approval to begin drilling a well off the province’s coast. read more >>> Source:: CTVNews.Ca

Bank of America Merrill Lynch’s fund-manager survey shows a handful of statistics suggesting bullish sentiment has been tempered. Yet the stock market continues to climb higher, and BAML sees two reasons investors are so reluctant to throw in the towel. As the stock market has […]

The death toll from the opioids epidemic continues to soar. Experts say we already have a science-backed treatment that works: medication-assisted treatment, or MAT. The problem, however, is that very few people can get it. The death toll from the opioids epidemic continues to soar […]

There’s been no shortage of news to scare investors this year, from US trade policy to interest rates. And now, Goldman Sachs’ equity strategists have flagged another source of volatility that’s set to be amplified in the coming months. Nearly halfway into 2018, it’s become […]

UK economic growth could pick up much more sharply than expected by the end of 2018, according to Mike Bell, a global market strategist at JPMorgan Asset Management. That’s because Bell expects inflation to fall quicker than most people expect, while wage growth will continue […]

President Donald Trump lashed out at OPEC on Friday, tweeting that oil prices were “artificially very high” after oil rose to a three-year high on Thursday. Saudi Arabia is said to be targeting $80 a barrel. In a note, commodity strategists at Goldman Sachs laid […]

We have driven, reported on, road-tripped, and talked about our fair share of electric and hybrid vehicles at Business Insider. These are exciting times for a technology that was born more than 100 years ago, but only started to gain steam in the last 20 […]

The auto industry is usually thought of as a cyclical business, but the current US sales boom has lasted longer than expected. This has enabled a novel period of long-term strategic planning. “The auto industry is cyclical.” You hear that all the time in the […]

Flickr, which was owned by Verizon, has been acquired by photo sharing and image hosting site SmugMug. SmugMug does not have any plans to lay off any employees nor fold Flickr into SmugMug. The price of the deal has not been disclosed. Flickr, the once […]

The Federal Aviation Administration has ordered airlines to inspect certain older CFM56-7B turbofan engines. A CFM56-7B failed on Southwest Airlines Flight 1380 on Tuesday, forcing the flight to make an emergency landing. The FAA is requiring inspections to be completed within the next 20 days. […]