Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Germany’s parliament was preparing Friday to pass new legislation finalizing the country’s long-awaited phase-out of coal as an energy source, over objections from environmental groups the plan is not ambitious enough. Continue Reading Below GET FOX BUSINESS […]
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GM’s China sales drop 5% in quarter, underperforms industry recovery
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. General Motors Co’s vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus fallout on the world’s biggest auto market. Continue […]
CBO sees rapid growth in US economy starting this quarter
National Economic Council Director Larry Kudlow on the additional coronavirus stimulus package, June jobs number and U.S.-China trade. The latest report from the Congressional Budget Office expects the economy to “grow rapidly” in the third quarter provided taxes and spending ‘remain in place.’ Continue Reading Below The estimate for real gross […]
The following markets are trading on July 3rd
Former NYSE chairman and CEO Dick Grasso discusses market optimism as coronavirus economic recovery. looks promising. U.S. equity and bond markets are closed on Friday, July 3 for the observance of the Independence Day holiday. Continue Reading Below GET FOX BUSINESS ON THE GO BY CLICKING HERE Markets advanced in […]
Boeing announces next wave of job cuts
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Boeing has reportedly announced that the company is undergoing another round of layoffs. Continue Reading Below The company notified approximately 1,030 employees companywide that they will lose their jobs by Aug. 28, according to The Seattle Times. […]
Elon Musk mocks SEC again amid surge in Tesla stock
Rep. Roger Williams, R-Texas, weighs in on potentially bringing a new Tesla factory to his county and how Texas is handling new coronavirus shutdowns. Tesla CEO Elon Musk took to Twitter to mock short sellers and the Securities and Exchange Commission in a series of tweets Thursday following a surge in the […]
Coronavirus pushes Amazon Prime Day to October: Report
Amazon is being sued over warehouse conditions related to the coronavirus pandemic. FOX Business’ Susan Li with more. Amazon has pushed back Prime Day to the “first half of October” amid a surge of coronavirus cases across America, according to emails obtained by Business Insider. Continue Reading Below Prime Day […]
Ford partners with Disney for Bronco lineup debut
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Ford Motor Company is partnering with Disney to simultaneously reveal its new Bronco 4×4 SUVs across multiple TV channels. Continue Reading Below A trio of three-minute ads by Academy Award-winning director Jimmy Chin will air on ABC, […]
Lemonade shares squeeze higher in stock market debut
Chairman of Renaissance Capital Kathleen Smith says IPOs will perform well once market volatility begins to wane. Lemonade Inc. shares soared in their New York Stock Exchange debut on Thursday. Continue Reading Below The New York-based insurance startup backed by Japanese tech giant SoftBank opened for trading at $50.06 a […]
Tesla shatters Wall Street delivery projections despite coronavirus closure
Fox Business Briefs: Tesla planning a ‘Battery Day’ event on September 15 in which the company is expected to reveal significant advances in battery technology. Tesla Inc. reported higher second-quarter production and deliveries than Wall Street projected despite the shutdown of its main plant for about half the period because of […]