[ad_1] The White House’s goal of zero-emission models reaching 50% of car and light truck sales in the United States by 2030 is hardly impossible, but a lot will have to work out. Catch up quickly: President Biden’s executive order on Thursday set the non-binding target of 50 percent of sales of battery-electric, plug-in hybrids … Read more
[ad_1] Villere and company portfolio manager Sandy Villere on the state of the economy affecting how best to allocate capital. SHENZHEN, China – Chinese telecommunications giant Huawei Technologies reported its biggest drop in revenue in the first half of 2021, after US sanctions pushed it to sell part of its once-dominant handset business and before … Read more
[ad_1] Tadataka Yamada, an imposing physician-researcher who made a name for himself in academia before transforming drug development at GlaxoSmithKline and developing vaccines for malaria and meningitis at the Gates Foundation, has died suddenly of natural causes at his Seattle home on Wednesday morning. He was 76 years old. David Socks of Frazier Healthcare Partners … Read more
[ad_1] President Biden trumpeted July’s strong jobs report on Friday as proof that his economic plans are working, but stressed that there was still work to be done to ensure the full recovery of the economy as the Delta variant continues to spread. Why is this important: The United States created 943,000 jobs in July, … Read more
[ad_1] What occupancy does Royal Caribbean Group need on its ships to reach breakeven cash flow? Between 35 and 50%, depending on the ship, according to Jason Liberty, executive vice president and chief financial officer. “The ships are profitable for us around 35-50%,” he said during the company’s second quarter earnings call. “And obviously the … Read more
[ad_1] Villere and company portfolio manager Sandy Villere on the state of the economy affecting how best to allocate capital. The rally in the US Treasury market is coming to an end, and the impending sell-off could drag the stock market down, strategists warn. Strong demand for Treasuries in recent weeks has pushed the benchmark … Read more
[ad_1] Robinhood (HOO) shares closed up 7.9% on Friday, closing a week of wild trading, shares on the trading platform have gained 57% in the past five sessions after massive gains on Tuesday and Wednesday. Yesterday, shares fell 27% after the announcement that some shareholders would cash up to 97.8 million shares. These sales are … Read more
[ad_1] ARLINGTON, Va. (AP) – The Securities and Exchange Commission on Friday approved Nasdaq’s groundbreaking proposal to increase the number of women, racial minorities and LGBTQ people on U.S. corporate boards. The new policy – the first of its kind for a U.S. stock exchange – requires most of the nearly 3,000 companies listed on … Read more
[ad_1] Louisville Urban League employees speak to job seekers at a Job News USA career fair in Louisville, Ky., United States, Wednesday, June 23, 2021. Luc Sharrett | Bloomberg | Getty Images Strong July jobs report puts Federal Reserve on track to slow bond buying – if the spread of Covid-19 doesn’t hurt the economy … Read more
[ad_1] Carriers and phone makers might only be talking about 5G lately, but when it comes to the infrastructure that keeps most of us online, day in and day out, the US is still running a lot on LTE. While such 4G coverage is incredibly strong in many places, it is still far from being … Read more