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Monthly Archives: February 2019

Amazon just invested in self-driving car company Aurora

Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration, to honor the Warriors@Amazon, a group of employees who have served in the military and their spouses, in …

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Ford investing $1 billion, adding jobs to Chicago factories

Tim Boyle | Bloomberg | Getty Images A worker assembles a 2011 Ford Motor Co. Explorer at a plant in Chicago, Illinois, U.S., on Wednesday, Dec. 1, 2010. Ford is sinking $1 billion and adding more jobs to plants in the Chicago area to expand production of the redesigned Ford …

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Fiat Chrysler shares plummet 12 percent on weak outlook

Rebecca Cook | Reuters Fiat Chrysler Automobiles assembly workers build 2019 Ram pickup trucks at the FCA Sterling Heights Assembly Plant in Sterling Heights, Michigan, October 22, 2018. Fiat Chrysler shares crashed by more than 12 percent Thursday morning after the Italian-American automaker forecast a weak outlook for 2019. The …

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A 10 to 30 percent market drop could hit Wall Street, David Tice warns

An investor known for running a bear fund is predicting a massive market setback. David Tice, who sold his Prudent Bear fund to Federated in 2008, describes 2019’s early bull run as a dead-cat bounce. “This is a rally inside a bear market,” he said Wednesday on CNBC’s “Trading Nation.” …

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Twitter Q4 2018 earnings

Drew Angerer | Getty Images Twitter chief executive officer Jack Dorsey testifies during a Senate Intelligence Committee hearing concerning foreign influence in use of social media platforms, on Capitol Hill, September 5, 2018 in Washington, DC. Twitter is expected to report its fourth quarter 2018 earnings before the bell on …

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Maduro blocks bridge ahead of aid delivery

YURI CORTEZ | AFP | Getty Images A boy waves a Venezuelan national flag, as supporters of Venezuelan President Nicolas Maduro gather at Bolivar square in Caracas to take part in a signature campaign to urge the United States’ to put a halt to intervention threats against Maduro’s government, on …

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Germany cracks down on Facebook for ‘abuse of market power’

Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Germany’s antitrust watchdog ruled on Thursday that Facebook abused …

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Theresa May heads to Brussels to get changes to the Irish backstop

TOLGA AKMEN | AFP | Getty Images Britain’s Prime Minister Theresa May leaves 10 Downing Street in London on February 5, 2019. – A top EU official warned Monday that the prospect of Britain crashing out of the bloc next month looks more likely than ever, as Prime Minister Theresa …

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Societe Generale earnings q4 2018

Balint Porneczi | Bloomberg | Getty Images Societe Generale SA headquarters in Paris, France. Societe Generale posted its full-year net profit of 3.9 billion euros ($4.43 billion) at the end of 2018. The bank’s full-year performance came in line with the average forecast of 3.85 billion euros. This is a …

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AAA confirms what Tesla, BMW, Nissan EV owners suspected of cold weather

Chesnot | Getty Images Visitors look at a BMW i3 electric automobile during the Paris Motor Show on October 14, 2014 in Paris, France There were several surprises that emerged from the research, according to Brannon, starting with the fact that the impact on range was pretty much uniform among …

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