• Financial Times

    FirstFT: Today’s top stories 

    Oil prices soared as much as 20 per cent to above $71 a barrel — the most in nearly three decades — when markets reopened after an attack this weekend on Saudi Arabia’s oil infrastructure more than halved the country’s production. , including the largest percentage spike in the price of Brent crude since Saddam Hussein invaded Kuwait in 1990, sets oil on course for one of its biggest one-day gains.

  • UAW workers head for picket lines in first national strike against GM since '07
    Reuters

    UAW workers head for picket lines in first national strike against GM since '07

    DETROIT/WASHINGTON (Reuters) - The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday. U.S. labour contract talks reached an impasse on Sunday, the and the UAW called for the first nationwide strike at GM in 12 years. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the union's relationship with GM, said at a news conference in downtown Detroit on Sunday.

  • Financial Times

    GM workers set to strike after talks on pay and benefits break down

    The United Auto Workers called for a strike starting at midnight on Sunday as union leaders demanded GM “recognise the contributions” workers have made to “create a healthy, profitable industry”. The UAW is asking GM's nearly 46,000 US factory workers to stop working until further notice. In the wake of the financial crisis, unions had given the big carmakers concessions in their contracts, such as cuts to their healthcare and pension bills, helping GM reduce costs as it clawed its way out of bankruptcy.

  • Top Analyst Reports for Intel, Adobe & Mondelez
    Zacks

    Top Analyst Reports for Intel, Adobe & Mondelez

    Top Analyst Reports for Intel, Adobe & Mondelez

  • Looking Ahead to the Q3 2019 Earnings Season
    Zacks

    Looking Ahead to the Q3 2019 Earnings Season

    Looking Ahead to the Q3 2019 Earnings Season

  • Broadcom Stock: Why Is It Falling Today?
    Market Realist

    Broadcom Stock: Why Is It Falling Today?

    Broadcom stock hasn't been a great performer compared to its semiconductor peers this year. So far, the stock has fallen more than 4% today.

  • Retail sales show consumers remain in 'pretty good shape': Economist
    Yahoo Finance

    Retail sales show consumers remain in 'pretty good shape': Economist

    The U.S. consumer is in 'pretty good shape,' economist says.

  • Here’s Why Tesla Bulls Are Having a Nightmare
    Market Realist

    Here’s Why Tesla Bulls Are Having a Nightmare

    Tesla stock is having a terrible run this year. Based on yesterday’s closing prices, the stock is down 26.1%, while the S&P; 500 has risen 20.0%.

  • Duke Energy Acquires Canadian Solar's Rambler Solar Project
    Zacks

    Duke Energy Acquires Canadian Solar's Rambler Solar Project

    Duke Energy (DUK) and Recurrent Energy have partnered on six solar projects, including the latest acquisition.

  • The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors
    Zacks

    The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors

    The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors

  • Raytheon-Lockheed JV Wins $186M Deal to Build Javelin Missiles
    Zacks

    Raytheon-Lockheed JV Wins $186M Deal to Build Javelin Missiles

    Raytheon (RTN) and Lockheed Martin's (LMT) joint venture secures a contract to build a Javelin Weapon System.

  • General Motors Recalls 3.4M Vehicles to Fix Brake Problem
    Zacks

    General Motors Recalls 3.4M Vehicles to Fix Brake Problem

    To fix brake problem, General Motors (GM) is working on a corrective action involving reprograming of the Electronic Brake Control Module with a new calibration.

  • Stock Market News For Sep 13, 2019
    Zacks

    Stock Market News For Sep 13, 2019

    Wall Street continued its bull run on Thursday on the back of positive developments on trade war front and monetary stimulus injected by the European Central Bank.

  • Company News For Sep 13, 2019
    Zacks

    Company News For Sep 13, 2019

    Companies In The News Are: ORCL,T,HTZ,GOOGL

  • Why Lockheed Martin (LMT) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why Lockheed Martin (LMT) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lockheed Martin (LMT) have what it takes? Let's find out.

  • Why General Dynamics (GD) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why General Dynamics (GD) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does General Dynamics (GD) have what it takes? Let's find out.

  • Adobe Systems (ADBE) to Report Q3 Earnings: What's in Store?
    Zacks

    Adobe Systems (ADBE) to Report Q3 Earnings: What's in Store?

    Adobe Systems' (ADBE) fiscal third-quarter results are likely to be driven by strength in Creative Cloud and innovation.

  • Why Forever 21 will probably go bankrupt and disappear
    Yahoo Finance

    Why Forever 21 will probably go bankrupt and disappear

    Forever 21 potentially going out of business makes a lot of sense.

  • Ford, GM rev up electric pickup trucks to head off Tesla
    Reuters

    Ford, GM rev up electric pickup trucks to head off Tesla

    Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back. Now, Ford and GM are racing to design radical new takes on their most profitable models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla Inc's plan to eclipse their brands. Ford's F-150 pickup and GM's Chevrolet Silverado are the top selling vehicles in the U.S. market.

  • Auto Stock Roundup: Ford's Europe Electric Plans, General Motors' Deal With Google
    Zacks

    Auto Stock Roundup: Ford's Europe Electric Plans, General Motors' Deal With Google

    While Ford (F) unveils lineup for EVs in Europe, General Motors (GM) collaborates with tech giant Alphabet to roll out in-vehicle technology.

  • Financial Times

    Channel 4 goes . . . Inside Cadbury: Chocolate Secrets Unwrapped

    Adam Harris and his team have been working for two years to reduce the sugar content in Cadbury’s Dairy Milk, a commission that, he jokes, has turned his hair grey. Superfan Josie has eaten my share in a single sitting.

  • Tech Roundup: DXC, ORCL, and GRPN Slump Today
    Market Realist

    Tech Roundup: DXC, ORCL, and GRPN Slump Today

    Today, the DJIA rose 122 points and the S&P; 500 Index gained 0.6%. However, tech stocks Oracle (ORCL), DXC Technology, and Groupon lagged the market.

  • New IBM mainframe can process 1 trillion web transactions a day
    Yahoo Finance

    New IBM mainframe can process 1 trillion web transactions a day

    IBM is out with its newest mainframe - z15. Yahoo Finance sat down with Tom Rosamilia, the Senior Vice President of IBM Systems and Chairman of IBM North America to hear how it'll change the industry.

  • GM workers to go on nationwide strike for first time in 12 years
    Reuters Videos

    GM workers to go on nationwide strike for first time in 12 years

    The United Auto Workers said their members at General Motors facilities would launch a nation-wide strike midnight after contract talks reached an impasse. Union vice president Terry Dittes announced the pending work stoppage on Sunday (September 15). (SOUNDBITE) (English) UAW VICE PRESIDENT TERRY DITTES, SAYING: "What we're asking of General Motors is simple, and fair. We are standing up for fair wages, we are standing up for affordable, quality healthcare. We are standing up for our share of the profits." In a tweet Sunday, GM defended its offer to the UAW, saying they should come together and secure their shared future. A broad strike by the union's roughly 48,000 members would be the first such action at GM in 12 years. It would challenge both the union and GM Chief Executive Mary Barra at a time when the U.S. auto industry is facing a slowdown in sales, and rising costs for launching electric vehicles and curbing emissions. It would also test the union, which has been building up reserves in preparation for possible industrial action. Strike pay provided by the UAW is just $250 per week. That is far below workers' normal wages. (SOUNDBITE) (English) UAW VICE PRESIDENT TERRY DITTES, SAYING: "This is our last resort. It represents great sacrifice and great courage on the part of our members and all of us." GM's workers last went out on a brief two-day strike in 2007 during contract talks. A more painful strike occurred in Flint, Michigan, in 1998, lasting 54 days and costing the No. 1 U.S. automaker more than $2 billion.