Tag: business news
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Ford continues ramping up pickup truck production as sales fall 10.3% in August
An increase in the supply of pickup trucks comes as Ford experienced its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
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Time to start fading Caterpillar stock, says trader Tony Zhang
Caterpillar looks like a name worth fading rather than chasing here, says Tony Zhang.
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American Airlines continues premium push with redesigned Boeing planes
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
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New York Fed’s Williams says yield surge due to strong economic prospects
The central bank policymaker in a CNBC interview did not commit on whether he thinks an interest rate hike is necessary.
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Uber to cut 10% of workforce in bid to move ‘simpler and faster’
Uber is cutting small teams by nearly half and allowing about 1% of its workforce to continue working remotely.
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There is ‘a lot more pushback’ on data center construction, Berkshire CEO Greg Abel tells CNBC
The resistance to data centers is gaining steam and occurring nationwide.
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This satellite radio stock is being ‘overlooked’ by the Street as its business evolves, Deutsche Bank says
SiriusXM Holdings is likely to see considerable upside as it continues to grow due to its digital audio advertising, according to Deutsche Bank.
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Private payrolls rose by 38,000 in August, fewer than expected, ADP reports
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
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Apple shares are doing something they haven’t done in 20 years. Here’s what’s happening
Apple stock hasn’t been this inversely correlated to its tech peers since 2005.
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