At the same time as Tesla shares are tanking after its snub from S&P 500 inclusion and down in the past week more than the market cap of Exxon, Nikola and General Motors are adding insult to injury for many Robinhood traders.
• https://www.cnbc.com, Ryan Browne, Jessica Burszty
Tesla shares tumbled Tuesday, after Elon Musk's electric vehicle maker was left out of the S&P 500 by the committee that decides on new additions to the index.
-- Employs Ex-CCP Officials
Kamala Harris's husband's firm, DLA Piper, consults on behalf of a bevy of Chinese Communist Party-owned companies and employs former Chinese Communist Party officials.
Boeing shares are down 4.5% on Tuesday morning following a new report via WSJ, published a day earlier during the Monday Labor Day holiday, detailing new troubles that have emerged for the Boeing 787 Dreamliner.
Primetime ratings for Major League Baseball are in freefall, as the season began with players kneeling for the National Anthem and standing for Black Lives Matter.
After agreeing to pay a whopping $3.9 billion in fines and restitution, Goldman Sachs has finally been freed from one of its biggest albatrosses for its international business: Malaysian prosecutors have dropped all criminal charges in the 1MDB episo
On August 16, the Israeli navy declared the Gaza sea a closed military zone. A few days later, a group of Gaza fishermen decided to take their chances by fishing within a mere two or three nautical miles off the Gaza shore.
It's official: a few weeks after the S&P hit an all time high price erasing all the losses from the covid crisis which just so happened was the best thing to ever happen to large corporations and the ultra wealthy, moments ago the S&P500's forward P/
Note: The persecution of Steven Donziger deserves nationwide attention. It exposes the abuse of power by Chevron and the corruption of US courts in support of corporations. Donziger won a major case against Chevron for the widespread pollution it cau
Just weeks after we reported that many EV manufacturers in the super-saturated Chinese market were going public to avoid bankruptcy, we are learning that China's local governments are also doing everything they possibly can to keep the country's EV p
Amazon received approval Monday from the Federal Aviation Administration (FAA) to operate its fleet of Prime Air delivery drones in US skies, reported Bloomberg.
An internal email leaked from CVS Health reveals that the company instructed pharmacy employees not to tell patients that someone who tested positive for COVID-19 had filled their prescriptions, according to Business Insider.
Things are going so great in California that Pinterest just paid $89.5 million to cancel its 490,000-square-foot lease at the upcoming 88 Bluxome project in San Francisco.
On August 24, the Manhattan Institute held an eventcast on the rising trend of environmental, social, and governance (ESG), titled "Stakeholder Capitalism and the Future of American Democracy."
The headlines surrounding Berkshire Hathaway's decision to bail on their banking exposure and buy Barrick Gold quickly faded from the mainstream media but the question of "why?" - after years of denigration for the barbarous relic - remains.
ew York City's biggest landlords have a major dilemma; that is, companies like Citigroup, JP Morgan, Google, Twitter, and Facebook all encouraged their employees to work remotely from home, which will result in a slower economic recovery.
Back in June we said that as we had reported previously, with commercial real estate failing to benefit from the record rebound in overall risk since the March lows as a result of a tidal wave of retail bankruptcies
This article will start with a financial comparison of Amazon in 2017 and 2018 with Tesla today and a financial projection for the third quarter and the fourth quarter.