GDP Flashes Recession Warning Sign: Economy Shrank 0.9% Last Quarter As Experts Warn ‘Worse To Come’
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy unexpectedly shrank for a second quarter in a row this year, according to data released Thursday, signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the government to officially declare…
Apple (AAPL) – Get Apple Inc. Report held its rank. The world’s most valuable company just gave investors, worried about the coming recession, what they wanted to hear: the economy is slowing, but not catastrophically. The giant of Cupertino in California has indeed announced quarterly results above analysts’ expectations. Apple earned more than $19.44 billion for…
Elon Musk uses his influence to sway public opinion and does not hide it. The billionaire and CEO of Tesla (TSLA) – Get Tesla Inc. Report regularly shares with his more than 102 million followers on Twitter his positions, his emotions and his anger. Sometimes when he’s down, those millions of die-hard fans and admirers ask…
Elon Musk periodically faces choices and makes them. Perhaps the knottiest one is whether and when to focus on his positions as Tesla’s (TSLA) – Get Tesla Inc. Report CEO and as a celebrity. The man has more than 102 million followers on Twitter, and many of those millions stand ready to defend him at all…
Share to FacebookShare to TwitterShare to LinkedinTopline Weber replaced CEO Chris Scherzinger and warned of upcoming layoffs Monday, sending shares down 20% as the grill-maker wrestles with a drop in sales and embraces “historic macroeconomic challenges.” Weber shares fell 20.37% Monday morning, to $6.01 from $7.54 Sunday afternoon. (AP Photo/Charles … [+] Krupa) Copyright 2019…
Share to FacebookShare to TwitterShare to LinkedinTopline The European Commission on Monday has given Danish biotech Bavarian Nordic permission to expand the label of its smallpox vaccine to include protection against monkeypox, days after the World Health Organization sounded the alarm over the accelerating outbreak. Bavarian Nordic can market its vaccine for use against monkeypox…
Elon Musk has become the world’s most influential chief executive, and with that position have come in-depth surveillance and scrutiny of his private life as well as his professional activities. Imagine a double-page spread from a newspaper. On the left are articles about the businesses Musk leads: Tesla (TSLA) – Get Tesla Inc. Report, SpaceX, Boring Co.…
Autumn promises to be busy for Elon Musk. The visionary boss of Tesla (TSLA) – Get Tesla Inc. Report will be active on all fronts with huge stakes each time. From the end of September, Musk will be doing everything not to disappoint fans of the electric vehicle manufacturer during the second edition of Tesla AI…
Amazon.com (AMZN) – Get Amazon.com Inc. Report has a good problem. The company is huge and diversified, between its online retail, brick-and-mortar groceries and tremendous cloud services businesses. The problem is, if it wants to grow meaningfully bigger, it needs to tackle really large opportunities. For several years now, it’s been going after healthcare. But it’s seen…
Share to FacebookShare to TwitterShare to Linkedin A high-resolution illustration of the Nancy Grace Roman Space Telescope against a starry background. … [+] NASA’s Goddard Space Flight Center No sooner did the Webb telescope flash its spectacular first images across the world, do some science and even find time to get struck by something than…





