Shares of embattled electric vehicle start-up Nikola jumped double digits during premarket trading Wednesday. GM President Mark Reuss said while a $2 billion deal with Nikola hasn't been finalized, the automaker continues "to work the opportunity." The comments were some of the first from a GM executive about the deal after the two sides missed an expected closing date for […]
Read moreThe MACRO X HBCU Entertainment Summit is set to go virtual this year. The second annual edition of the event will be presented by Amazon Studios and is set kick off at 10am EST on October 24. The summit will include panels, conversations and inspirational messages from notable talent and changemakers in the entertainment business. This year’s guests include Kenya […]
Read moreU.S. stock futures were steady Wednesday morning. The Dow Jones Industrial Average, S&P 500 and Nasdaq finished higher, though off the highest levels Tuesday, after signs of progress in talks between Democrats and the White House over a new Covid-19 stimulus package with less than two weeks until the Nov. 3 election. The Dow and S&P 500 logged two-day winning […]
Read moreFiscal aid to those impacted by the coronavirus is unlikely to be adopted before Election Day, Goldman Sachs said. Though negotiations are continuing, the issues at hand appear too big to be resolved. Should the talks fail, the fate of the aid likely will be determined by the election winner. Amid a continuing deadlock over the most important matters at […]
Read moreAmy Morin is a psychotherapist, licensed clinical social worker, mental strength coach, and international bestselling author. On her podcast, she interviews successful professionals from all walks of life, from business people and entrepreneurs to athletes and musicians, to ask about how they build mental strength. There are misconceptions that successful people are fearless — they're not, Morin says. They're just more […]
Read moreHoward Kurtz: Social media executives would ‘get beat up’ at congressional hearings over censorship concerns Media Buzz reporter Howard Kurtz discusses concern over Facebook and Twitter bias ahead of the 2020 presidential election. Big Tech firms Facebook, Twitter and Amazon have managed to provide plenty of ammunition in the past week for those who accuse them of using their colossal […]
Read moreWhile Democrats have pushed Joe Biden to support expanding the number of justices on the Supreme Court, the presidential nominee has approached the idea warily, saying last week he is “not a fan” of so-called court packing. Yet Biden signaled that he could support making other changes to the high court as President Donald Trump’s nominee Amy Coney Barrett heads […]
Read moreIn a pandemic ravaged economy, investors are keenly awaiting stimulus bill as well as the development in the vaccine front. While the COVID-19 infections are spiking day-by-day, the World Health Organization has warned that Governments should not pursue the principle of ‘herd immunity’ to control the pandemic as it could cost more lives. More than 38 million people have been […]
Read moreFox Business Flash top headlines for October 20 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Nestle raised its guidance for 2020 organic sales growth to around 3% after beating third-quarter expectations on Wednesday with 4.9% growth driven by strong demand for pet food, coffee and health products. Continue Reading Below The world's biggest food […]
Read moreAn emergency arbitration hearing between Amazon and retail conglomerate Future Group took place last week and a verdict is expected in the next few days, according to sources. The arbitration proceedings between Jeff Bezos-led Amazon and Kishore Biyani-headed FutureGroup have begun in Singapore. An emergency arbitration hearing between Amazon and retail conglomerate Future Group took place last week and a […]
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