Month: October 2019

Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory. Alwyn Scott | Reuters General Electric continues to burn cash at its aviation business, as the grounding of Boeing’s top-selling 737 Max caused GE to delay production of engines for the aircraft. This year, GE has logged significant working capital
0 Comments
Getty In Amazon.com’s fiercely competitive search for a second headquarters last year, Seattle—the company’s original home—turned out to be the true victor. The behemoth retailer’s decisions—first to split the promised 50,000-job bounty in two and then, in February, to scrap New York’s Long Island City altogether amid political backlash—left Seattle with the largest concentration of
0 Comments
Tim Cook announces iPhone 11. Source: Apple Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter ended on Sept. 30, so Wednesday’s earnings report
0 Comments
A customer browses the Mattel Barbie dolls section of a now closed Toys ‘R’ Us store. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Mattel spiked more than 12% during extended trading after the company announced that its audit committee completed its independent investigation into
0 Comments
Move over, pumpkin spice latte. You’re no longer the only budget-crusher in town. Unconscious spending is the next Starbucks-like personal finance cliché, says Chris Kampitsis, a certified financial planner at the Barnum Financial Group in Elmsford, New York. “An overuse or overreliance on subscriptions, everything from Netflix to different delivery services, like monthly boxes, all
0 Comments
Share to facebook Share to twitter Share to linkedin It could be a new opportunity for the struggling startup. Artur Widak/NurPhoto via Getty Images Topline: WeWork, which last week accepted a $9.5 billion bailout offer from Japanese conglomerate SoftBank Group, recently trademarked a new professional gaming arm called Play By We, according to an application
0 Comments