Asia-Pacific Stocks Buoyed by Xi Speech

Asia-Pacific Stocks Buoyed by Xi Speech

Updated April 10, 2018 1:41 a.m. ET Asia-Pacific stocks rose Tuesday after Chinese President Xi Jinping pledged to significantly broaden market access this year. Mr. Xi’s conciliatory message at the Boao Forum eased fears of a damaging trade war between the U.S. and China, spurring a relief rally for stocks in the region as market […]

Tesla Powerwall Will Surprise

Tesla Powerwall Will Surprise

Tesla (TSLA) bulls and bears are focused, rightfully, on Model 3 production rate. VIN trackers are popping up everywhere, as if how many units Tesla produced in the first few months of an exponential ramp has any bearing on how many Tesla will sell in 2019, 2020 and beyond, which is really what will matter […]

Allegiant Air plane skids off snowy runway at South Dakota airport

Allegiant Air plane skids off snowy runway at South Dakota airport

SIOUX FALLS, S.D. — No one was hurt when an Allegiant Air passenger jet skidded off a snowy runway in South Dakota. Allegiant spokeswoman Krysta Levy says Flight 456 carrying 155 passengers and six crew members from Las Vegas touched down at Sioux Falls Regional Airport just before noon Sunday. CBS affiliate KELO-TV reports that heavy […]

Wells Fargo Looks Further Under the Hood at Auto-Lending Issues

Wells Fargo Looks Further Under the Hood at Auto-Lending Issues

Wells Fargo & Co. has expanded a review of auto products and services it finances as part of an effort to get ahead of heightened regulatory interest in the area, according to people familiar with the matter. The embattled bank in recent months has been reviewing sales and potential refunds in the so-called aftermarket products […]

Keystone pipeline leak in South Dakota about double previous estimate: paper

Keystone pipeline leak in South Dakota about double previous estimate: paper

(Reuters) – The Keystone crude oil pipeline leak in November in rural South Dakota was nearly double the original estimate, making it one of the largest U.S. inland spills since 2010, a newspaper report on Saturday said. An aerial view shows the darkened ground of an oil spill which shut down the Keystone pipeline between […]

Wynn Resorts CEO Said to Weigh Sale of Boston-Area Casino

Wynn Resorts CEO Said to Weigh Sale of Boston-Area Casino

Wynn Resorts Ltd.’s new Chief Executive Officer Matt Maddox has had informal talks about a sale of the company’s still-under-construction Massachusetts casino, according to a person familiar with the discussions. The person asked not to be named because the discussions are private. Michael Weaver, a spokesman for Wynn Resorts, declined to comment. Wynn Resorts has […]

Nine West Files for Bankruptcy in NY

Nine West Files for Bankruptcy in NY

By and April 6, 2018, 2:21 PM EDT Updated on April 6, 2018, 3:05 PM EDT Nine West Holdings Inc. filed for bankruptcy with a plan to sell some assets and reorganize others, after too much debt felled the shoe and clothing company controlled by Sycamore Partners. The Chapter 11 filing in New York listing […]

SEC Initiates Formal Proceedings on Coveted Bitcoin ETF

SEC Initiates Formal Proceedings on Coveted Bitcoin ETF

I don’t know about anyone else, but I scooped up some great deals over the past week. Bitcoin falling back below $7,000 and ETH below $400 was a real shock to me. People are starting to log into their cold storage and dump the coins they own, which is obviously never good news. For people […]

Spotify Shows the Way to a Content Economy

Spotify Shows the Way to a Content Economy

Spotify Shows the Way to a Content Economy  Forbes Recode Daily: Mark Zuckerberg starts his damage control tour  Recode Spotify: Here Is What You Should Know  Seeking Alpha Full coverage Source link

How US-China Trade Spat Could Threaten Manufacturing

How US-China Trade Spat Could Threaten Manufacturing

“They are trying to force end-product manufacturers here to use more American content by making it more expensive for them to use Chinese content,” said William Reinsch, a trade expert at the Center for Strategic and International Studies. The United States trade representative, Robert Lighthizer, has said that the administration carefully conceived the tariffs using […]