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Category: Industries


Enterprise, Industries

Tesla’s Shares Slip Over Fears of Increase in Model 3 Cancellations

July 19, 2018

Via: Fortune

Tesla shares are slumping on Thursday after analysts at Needham & Co expressed fears that Model 3 cancellations could rise. In a note to investors on Thursday, analyst Rajvindra Gill said that Tesla’s Model 3 “refunds are outpacing deposits as […]


Industries, Retail & Wholesale

Amazon shares slightly higher as investors await Prime Day results

July 18, 2018

Via: CNBC

Shares of Amazon ticked higher on Wednesday as Wall Street awaited the final results from Prime Day, the e-commerce giant’s annual sales event. The stock rose 0.1 percent in the premarket after closing at a record high in the previous […]


Industries, Others

Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade

July 18, 2018

Via: CNBC

Macquarie Research lowered its rating on shares of Twitter to “neutral” from “buy” on Wednesday, saying the best is behind the stock after moving nearly 50 percent move higher since the firm upgraded the stock in April. “After [the] recent […]


Energy, Industries

Congress Is Again Pushing a Bill That Lets the U.S. Sue OPEC for Oil Price Fixing. And Trump Might Sign It

July 17, 2018

Via: Fortune

U.S. Senator Chuck Grassley, along with a fellow Republican and two Democratic lawmakers, introduced legislation in the Senate that’s aimed at allowing the government to bring lawsuits against OPEC members for antitrust violations. Lawmakers in the other chamber of Congress, […]


Energy, Enterprise, Industries

Apple is spending millions to clean up China’s environment

July 13, 2018

Via: CNN

Apple is charging up its renewable energy credentials in China. The iPhone maker said Thursday that it was launching a $300 million fund that will identify and invest in clean energy projects in the world’s second biggest economy. Apple (AAPL) […]


Energy, Industries

Trump has access to a little-used tool that could lower oil prices

July 12, 2018

Via: Business Insider

“REDUCE PRICING NOW!” That was President Donald Trump’s message to OPEC last week, adding that “gas prices are up & they are doing little to help.” It was just the latest in a string of tweets taking aim at the […]


Industries, Others

Pfizer reverses drug price increases after President Trump blasted the company

July 11, 2018

Via: USA TODAY

Pfizer postponed drug price hikes after President Donald Trump ripped the company and threatened retaliation. The pharmaceutical giant confirmed Tuesday that it “will defer the company’s price increases” for now. The company’s response came after CEO Ian Read had “an […]


Enterprise, Finance Tech, Industries, Trading

Tesla hikes prices in China as trade war hits US cars

July 10, 2018

Via: CNN

Tesla has hiked the prices of its cars in China by about 20% after getting caught in the crossfire of the trade clash between Washington and Beijing. The move by the electric car maker follows China’s decision to slap new […]


Enterprise, Industries

Nissan Shares Tank as It Admits That Some of Its Factories Faked Emissions and Fuel Efficiency Test Data

July 9, 2018

Via: Fortune

Remember the days when car companies, especially Japanese manufacturers such as Nissan, were being hailed for making big advances in fuel efficiency? Happy times. Now, following the emissions scandals that engulfed Volkswagen, Renault and Fiat-Chrysler, it’s Nissan’s turn. The auto […]


Industries, Retail & Wholesale

Amazon Prime Day will take a bite out of the food sector as Whole Foods is included

July 6, 2018

Via: Market Watch

Amazon.com Inc. is including Whole Foods Market in its annual Prime Day shopping event this year, a move that will put pressure on grocers along with other retailers. Amazon AMZN, -0.07% said Prime Day, which will last 36 hours starting […]