Jul.26 -- House Speaker Nancy Pelosi is holding firm on her plan to hold up a bipartisan infrastructure package until the Senate delivers a larger Democrat-only reconciliation plan. Bloomberg Government’s Emily Wilkins has more.
You won't believe the amount of money that the bottler intends to return to shareholders.
Social Security payments may be subject to cuts. Here's what the timing looks like.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
Warren Buffett is selling his largest holding, and that's a huge deal.
The weakness in a key metric that denotes the total value of revenue earned on the Uber platform signals demand weakness for the company's ride-share and food delivery services. The company's profitability push, however, is yielding result as core profit for the first quarter and its forecast exceeded Wall Street expectations. Uber's smaller rival said it was seeing industry-wide growth in ride-share demand and was able to draw in users with features like shorter wait-times.
The energy transition will benefit companies providing electrical needs for surging demand. Analysts point to these three stocks as a Buy.
Prepare yourself for a big shock.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.