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Tag: industry


Industries, Manufacturing

Tesla shares to plunge nearly 40% due to weak Model 3 production: Goldman

October 3, 2017

Via: CNBC

Tesla’s third quarter Model 3 delivery miss is further evidence the electric car maker will have difficulties ramping manufacturing for the key vehicle, according to a top Wall Street firm. In the third quarter, Tesla delivered 26,150 total vehicles and […]


Industries, Retail & Wholesale

Nordstrom Talks to Go Private Could Be in Trouble

October 2, 2017

Via: TheStreet

Shares of Nordstrom, Inc. (JWN – Get Report) tumbled over 5% in premarket trading Monday, Oct. 2, after insiders said talks to take the Seattle-based retailer private could be in danger of failing, according to the New York Post. The […]


Financial Services, Industries, News

Here’s how the Fed’s decisions will begin impacting the market

August 17, 2017

Via: CNBC

The Federal Reserve’s meeting minutes published Wednesday afternoon revealed the central bank is quite divided when it comes to future interest rate increases, and one portfolio manager laid out in a interview with CNBC’s “Trading Nation” how the Fed’s upcoming hikes may […]


Industries, Manufacturing

Marrying less and dying sooner — how the downward spiral of manufacturing is hurting American men

August 9, 2017

Via: Business Insider

During the 2016 presidential campaign, Republican candidate Donald Trump tapped into the anger over the loss of manufacturing and coal jobs. The culprit behind the misery of American workers, he said, was international trade. The message resonated, especially with male […]


Industries, Retail & Wholesale

McDonald’s plans to nearly double restaurants in China

August 9, 2017

Via: ABC News

McDonald’s will nearly double the number of restaurants in China in the next five years, eventually surpassing Japan as the hamburger chain’s second-biggest market outside the U.S. The company expects to have 4,500 restaurants in China by 2022, up from 2,500. With fewer people […]


Industries, Retail & Wholesale

Amazon Picks Melbourne as the Location For Its First Warehouse in Australia

August 3, 2017

Via: Fortune

U.S. retail giant Amazon.com (AMZN, -0.03%) unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world’s 12th-largest economy. Australians can already buy Amazon products from offshore, but the […]


Industries, Retail & Wholesale

Adidas Powers Ahead in North America and China

August 3, 2017

Via: Fortune

German sportswear firm Adidas (ADDYY, +0.33%) reported another quarter of bumper sales growth in North America and China on Thursday as it took market share from rivals Nike (NKE, -0.08%) and Under Armour (UAA, +1.42%) with its retro styles and running sneakers. Adidas, which had already announced […]


Education, Industries

New U.S. Student Loan System to be in Place in 2019, Education Department Says

August 2, 2017

Via: Fortune

A whole new student loan servicing and processing system will be up and running in 2019, the U.S. Education Department said on Tuesday, as it formally unveiled its plan to overhaul the current $1.3 trillion program. The department, led by […]


Financial Services, Industries

HSBC reports higher profit, plans $2B more in share buybacks

July 31, 2017

Via: ABC News

HSBC said Monday it plans to buy back another $2 billion in shares after reporting a strong set of quarterly profits thanks to higher interest rates that helped fatten margins for its lending business. The London-based global bank, which earns most of its […]


Enterprise, Industries

Boeing Expects India to Order up to 2,100 Aircraft Over 20 Years

July 31, 2017

Via: Fortune

Boeing (BA, +0.11%) said on Monday it expects Indian airlines to order up to 2,100 new aircraft worth $290 billion over the next 20 years, calling it the highest forecast ever for Asia’s third-largest economy. India is one of the world’s fastest-growing […]