Toni Sacconaghi said increased competition abroad is responsible for the weakness in Tesla’s sales volume.
… Read the restCNBC
Boris Johnson looks for an EU ally in Merkel as he seeks to save Brexit
Prime Minister Boris Johnson is to meet German Chancellor Angela Merkel in Berlin Wednesday in his first official trip abroad as U.K. … Read the rest
Cramer calls Estee Lauder the ‘stock market equivalent of the Patriots’
Estee Lauder CEO Fabrizio Freda is “the Bill Belichick of cosmetics. He gets the job done. He does his assignment,” Jim Cramer … Read the rest
Juul’s momentum slips as NJOY woos customers with dollar e-cigarettes
NJOY is growing its market share and increasing sales as e-cigarette giant Juul’s momentum slips.
… Read the restBuy-and-hold investor Ron Baron: I tripled my normal stock investments during recent wild swings
Financial advisers are always “buying at the wrong time and selling at the wrong time,” the founder of Baron Capital argues, “because … Read the rest
U.S. Steel plans to lay off hundreds of workers in Michigan
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according … Read the rest
Restaurant spending set to hit high in 2019 as consumers spend more of their budget on dining out
A strong jobs market and tax cuts are bolstering consumer spending at restaurants. The National Restaurant Association projects a sales record for … Read the rest
Target is launching grocery brand Good & Gather in bid to boost its food business
Target is launching its biggest brand yet, Good & Gather. Target expects the grocery label will be a multibillion-dollar brand by the … Read the rest
The US economy is fine, but watch out for gathering trade storms
The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes.
… Read the restSoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
CEO Masayoshi Son himself may account for over half of that amount, the Wall Street Journal reports.
… Read the rest