Business
Tesla stock will see demand for more than just index funds
[ad_1] Text size Tesla joined the S&P 500 Index in December. Sean Gallup / Getty Images Goldman Sachs says some mutual funds will need to add You’re here stock to track benchmark returns, now that the electric vehicle pioneer will join the S&P 500 index. That’s more demand for Tesla shares beyond what S&P 500 … Read more
Tesla’s S&P 500 entry could trigger $ 8 billion buying spree, says Goldman Sachs
[ad_1] Elon Musk. Xinhua via Getty Images Large-cap mutual funds are set to fuel a massive rally for Tesla stocks, Goldman Sachs said Thursday. The automaker is expected to join the S&P 500 on December 21 as one of its 10 most valuable members. Of the 189 large-cap core funds tracked by Goldman, 157 funds … Read more
Two small banks went bankrupt in October. They won’t be the last if COVID leaves some businesses struggling to repay their loans. – USA TODAY
[ad_1] Two small banks went bankrupt in October. They won’t be the last if COVID leaves some businesses struggling to repay their loans.USA TODAY [ad_2] Source link
Who postpones Black Friday? This year, the French
[ad_1] But rapid growth has made Amazon the symbol of a dominant multinational corporation that critics say imports unwanted American-style consumerism, as well as job instability and environmental degradation, into the world. second largest economy in the euro zone. Ahead of the announcement, Le Maire and other politicians urged buyers not to sell their business … Read more
Princess Cruises cancels week-long (and longer) trips to the US until November 2021
[ad_1] The main Fox Business Flash titles are here. Find out what clicks on FoxBusiness.com. The cruise industry’s coronavirus shutdown continues. Princess Cruises announced on Friday that it was once again extending its break in operations, affecting all cruises scheduled through March 31, 2021 and cruises longer than seven days to and from US ports … Read more
Report: Michael Symon closes several Cleveland area restaurants, including downtown Lola Bistro – WKYC.com
[ad_1] Report: Michael Symon closes several Cleveland area restaurants including downtown Lola BistroWKYC.com Michael Symon closes flagship restaurant Lola Bistro after 24 years, citing Covid crisis as untenableCleveland scene B Spot Burgers has permanently closed two establishmentscleveland.com Michael Symon to close many restaurants in northeastern Ohio amid COVID-19Cleveland 19 News Michael Symon closes Lola Bistro, … Read more
GM share price target raised after company EV plan
[ad_1] Deutsche Bank analysts raised their price target for General Motors Co. GM on Friday, + 0.42% 12% to $ 48 from $ 43, up about 12% from Friday prices, saying the company’s new push towards electric vehicles puts it on track to become a leader in this domain. Earlier this week, GM said it … Read more
Tesla crash in Oregon sends battery cells into homes
[ad_1] A Tesla Model 3 crash Tuesday night sent battery cells to nearby homes, which started at least one fire, police in Corvallis, Oregon reported. Corvallis Police Department Dylan Milota, 21, was driving the car through a residential area at around 100 mph when it struck and overturned a utility pole and two trees, police … Read more