Month: November 2020

Today high-speed trains are comparable to air travel in price and door-to-door speed for shorter journeys. But decades ago locomotives faced fierce competition from air planes and private cars. Then came Japan’s bullet trains. Then This Happened is a series about the numbers, people, and stories behind decisive moments that changed history.
0 Comments
Florida election results are displayed at an election night party for Democratic presidential candidate Joe Biden at the Chase Center in Wilmington, Delaware, on Nov. 3, 2020. Stefani Reynolds | Bloomberg | Getty Images One winner emerged in Florida’s election that wasn’t President Donald Trump or former Vice President Joe Biden. It was the $15
0 Comments
Guggenheim Partner’s Scott Minerd told CNBC that Wednesday’s rally on Wall Street makes sense, despite the uncertain outcome in the presidential race between President Donald Trump and Democrat Joe Biden. “I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks,” the
0 Comments
An employee restocks shelves as shoppers visit a Lowe’s hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020. Mark Makela | Reuters 1. Amazon Openings: 63,433 Sample position: Warehouse team manager An Amazon fulfillment center in Frankenthal, Germany. Thorsten Wagner | Bloomberg | Getty Images 2. Intuit Openings: 12,667 Sample position: Remote tax expert Smith
0 Comments
Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host
0 Comments
Warren Buffett Gerard Miller | CNBC As the coronavirus pandemic weighs on its operating earnings and stock price, Berkshire Hathaway ramped up its stock repurchasing program even more in the third quarter, nearly doubling the record buyback from the second quarter. Warren Buffett’s conglomerate bought back $9 billion of its own stock, it was revealed
0 Comments
SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Space tourism company Virgin Galactic reported third quarter results on Thursday with an increased loss as the company looks to fly two more test spaceflights to finish its development program. “During the quarter we made good progress completing the final steps to
0 Comments
General Motors plans to significantly increase production of its highly profitable pickup trucks by investing up to $1 billion in its Canadian operations. The investment is part of a tentative deal with Canadian union Unifor, GM CEO Mary Barra told investors Thursday during the company’s third-quarter earnings call. The investment is pending union member ratification
0 Comments
As vote counting continues in key battleground states like Georgia and Pennsylvania, where Vice President Joe Biden has taken the lead over President Donald Trump on Friday, Libertarian presidential candidate Jo Jorgensen says third party candidates don’t “take” votes from other parties. “I don’t consider it taking votes, because those votes belong to the American
0 Comments
Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images Zillow shares climbed more than 8% in extended trading on Thursday after the digital real estate company reported third-quarter estimates that blew past analysts estimates and offered a better-than-expected forecast for the fourth quarter. A combination of record low
0 Comments
Grant McDonald, left, and Stephanie Freed, right, speak at the U.S. capitol on behalf of ExtendPUA.org, the grassroots campaign they started in response to the coronavirus pandemic. Stephanie Freed Stephanie Freed and Grant McDonald never thought they’d be running a grassroots campaign pushing for extended unemployment coverage. Then the coronavirus pandemic hit. Both New York
0 Comments