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BYD Powers Through China’s Auto Price War to Post Soaring Profit

Jennifer DuBois -
(Bloomberg) -- China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit...
Business

Pioneer and 4 Other Energy Stocks With Juicy Dividends

Jennifer DuBois -
5 Energy Stocks With Juicy Dividends Source link
Business

These financial market signals are telling a different story about China’s economy

Jennifer DuBois -
China's economy is stumbling, but financial markets don't indicate that it will lead to a systemic crisis.That's according to Louis-Vincent Gave, CEO of...
Business

The Fed may have destroyed the housing market by crushing both supply and demand, top economist Mohamed El-Erian says

Jennifer DuBois -
The Fed may have broken the US housing market, according to top economist Mohamed El-Erian.That's because interest rate hikes have helped drive up...
Business

‘Higher Interest Rates Could Fuel Market Chaos,’ Warns Kevin O’Leary. Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio

Jennifer DuBois -
Happy talk from Washington, consistently low unemployment, and a slowing pace of inflation have combined to support a positive market sentiment – but...
Business

China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses

Jennifer DuBois -
Shares of China Evergrande crashed 87% as trading resumed after a 17-month halt.The once-$50 billion property developer faces a massive debt load and...
Business

Citadel Vets 69,000 Intern Applicants to Find Next Math Geniuses

Jennifer DuBois -
(Bloomberg) -- In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers...
Business

Workhorse falls short on votes to increase share count

Jennifer DuBois -
Workhorse Group fell short in its first try at getting shareholders to more than double the number of authorized shares in the electric...
Business

Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up...

Jennifer DuBois -
Chinese stocks rebounded on Monday morning after Beijing unveiled a raft of measures meant to halt their nearly monthlong slide. But the rally...
Business

Farmers Insurance lays off 2,400 workers as insurers pull back from California

Jennifer DuBois -
Farmers Insurance, one of the nation's largest property and casualty insurers, is laying off 2,400 workers, representing 11% of its total workforce.The Los...
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