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Here are eight Buffett-approved businesses built for the long haul.
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between April 5, 2020 and May 5, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Wells Fargo investors under the federal securities laws.
Shares of General Motors (NYSE: GM) were moving higher on Friday, on new signs that the economy might be recovering from coronavirus-induced disruptions more quickly than had been expected. As of 2:15 p.m. EDT, GM's shares were up about 3.9% from Thursday's closing price. The U.S. Bureau of Labor Statistics reported on Friday morning that total non-farm employment rose by 2.5 million jobs in May, driving the unemployment rate down to 13.3% from 14.7% in April.
Ford Motor Co <F.N> is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces. In March, Ford, General Motors Co <GM.N> and Fiat Chrysler Automobiles NV (FCA) <FCHA.MI><FCAU.N> told salaried employees to work from home to prevent the spread of COVID-19. Ford brought back 12,000 salaried employees last month, and others have been told they can work from home until September, spokeswoman Marisa Bradley said.
The British pound has rallied significantly during the trading session on Friday, as the jobs report in America was better than anticipated.
The British pound has rallied significantly during the trading session on Friday after the jobs number came out stronger than anticipated.
Despite certain impediments triggered by the coronavirus pandemic, telecom firms have relentlessly provided the vital lifeline to countless humans for digital sustainability.
Dollar General, Hanesbrands, Visa, Mastercard and American Express highlighted as Zacks Bull and Bear of the Day
The big bank has stopped making car loans through most independent auto dealers, which suggests that lenders more reliant on auto loans are headed for trouble.
Banking stocks appreciate as upbeat economic reports perk up markets, boosting investor optimism over an expected economic rebound.
The dollar gained broadly after yesterday’s ECB press conference, leading to a rally in GBP/USD towards a major hurdle.
Prices saw a small drop in May, but Halifax said interest was picking up from buyers and sellers as the lockdown eases in England.
GBP/USD got strong support at 1.2500, gained upside momentum and is trying to settle above the high end of the current trading range.
The move comes as the Wall Street Journal reported last week that e-commerce giant Amazon.com Inc <AMZN.O> is in advanced talks to buy Zoox, a company founded six years ago and based in Silicon Valley. "Cruise is willing to recognize the full value of the rewards you’ve earned at Zoox - something that is very unlikely to occur via an acquisition in this environment,” said the email from Cruise founder Kyle Vogt sent in the past two days, according to a person who has seen the email.
Investor sentiment has come roaring back to the upstart fintech company, despite a deep quarterly loss reported last month.
It’s all about the U.S labor statistics later today. How’s Trump going to spin this one? Perhaps more attacks on China…
In the latest trading session, Coca-Cola (KO) closed at $47.92, marking a +0.04% move from the previous day.
Verizon Communications (VZ) closed at $57.22 in the latest trading session, marking a +0.69% move from the prior day.
Slack enjoyed a huge first quarter as people worked from home due to COVID-19. Here's what Slack co-founder and CEO Stewart Butterfield told Yahoo Finance.
Lamborghini sales stay nicely in motion despite the global economic downturn. Yahoo Finance chats with Lamborghini Chairman and CEO Stefano Domenicali.
For more investors, low cost index funds, especially exchange-traded index funds, are the way to go. How annuities could protect your retirement income Annuities can help plan for retirement during a volatile market. Maybe you saw the study which found that 10% of retail investors beat the market indexes over time.
It has gotten to the point that Warren Buffett’s investment miscues are drawing the attention of President Donald Trump, who teased Buffett on Friday at the White House for dumping airline stocks before their recent surge. “Warren Buffett sold airlines a little while ago,” Trump said. It looks as if the 89-year-old Buffett erred by selling roughly 10% stakes in each of the top four U.S. airlines near the bottom in April.