July 6, 2023
“…The Detroit automaker Thursday reported sales of 531,662 vehicles from April through June, up from subdued results of 483,688 cars and trucks that were weighed down by supply chain problems in the year-ago period. Sales of Ford’s F-Series trucks jumped 34% during the… Continue Reading…
July 4, 2023
“IBD 50 growth stock Uber (UBER) has gained 74% so far this year, and its chart suggests another run is in store… Uber’s sales growth, though still strong, has tapered off over the past three quarters and losses are narrowing. For the… Continue Reading…
July 3, 2023
“The Supreme Court’s decision to eliminate affirmative action is hitting workplaces as diversity initiatives face pressure from supporters and skeptics…” https://finance.yahoo.com/m/8fa100d4-9d08-3ce2-bee4-4d9686a4110a/no-one-is-happy-about.html The article is behind a pay wall but let me speak on this subject. Diversity’s strength lies in diversity… Continue Reading…
July 3, 2023
“Just as the July Fourth holiday weekend gets into high gear, thousands of hotel workers in Southern California began striking Sunday morning seeking to negotiate a contract with higher wages and other benefits, according to the union representing the workers.… Continue Reading…
June 27, 2023
“Struggling electric-truck maker Lordstown Motors filed for Chapter 11 bankruptcy protection on Tuesday and said that it would put itself up for sale amid an ongoing dispute over investments that had been promised by Taiwanese manufacturer Foxconn. Shares were down over 60% in… Continue Reading…
June 26, 2023
“The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates is likely in coming months… There have been 41 defaults in the U.S. and one in Canada so far this year, the… Continue Reading…
June 22, 2023
“Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according to court records filed early Thursday. The e-commerce discounter, which was selected as the stalking horse bidder for Bed Bath’s… Continue Reading…
June 22, 2023
“…As boycotts move beyond social-media-fueled outrage, companies like Anheuser-Busch, Target and Disney are facing monthslong public relations fiascos that have resulted in market share losses, C-suite shake-ups, legal battles and even threats to employees. In some cases, corporations have drawn the ire of conservative customers… Continue Reading…
June 22, 2023
“…Many people don’t love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. But boycotting a company’s stocks doesn’t work the same way as boycotting its products…” https://www.cnbc.com/2023/06/22/how-to-move-beyond-esg-funds-and-make-a-real-impact-with-your-money-financial-expert-.html Not in love? They hate it. Also… Continue Reading…
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