Posts with tag: sustainability
Trump's tariffs face skepticism from Yahoo Finance audience, with 73% expecting higher prices and 60% predicting economic damage. Despite this, Trump supporters remain optimistic about the long-term benefits.
Published on: February 13, 2025, 07:03 AM UTC
Consumer prices rose more than forecast in January, with core prices reversing last month's easing, complicating the Federal Reserve's path forward on interest rates.
Published on: February 12, 2025, 11:03 PM UTC
Palomar Holdings Inc. (PLMR) reports fourth-quarter profit of $35 million, with earnings per share of $1.29. Adjusted earnings per share came to $1.52, topping Wall Street expectations. Revenue for the period was $155.8 million, with adjusted revenue of $157 million, both exceeding analysts' estimates.
Published on: February 12, 2025, 10:10 PM UTC
Carnegie, Pennsylvania-based Turk Transportation, which offers interstate general freight services, filed for Chapter 11 bankruptcy, owing between $1 and $10 million to 49 creditors.
Published on: February 12, 2025, 08:00 PM UTC
Super Micro Computer (SMCI) shares surged after a positive business update. The company expects to avoid Nasdaq delisting, aims for $40B revenue by 2026, despite missing Q2 estimates.
Published on: February 12, 2025, 02:01 PM UTC
Billionaire Ken Griffin says Trump's tariffs are a "huge mistake," creating "chaos" and hindering economic growth. The Citadel CEO also praises Musk's efforts to reduce government bureaucracy but has concerns about the new antitrust cops and uncertainties surrounding Trump's policies.
Published on: February 12, 2025, 12:03 PM UTC
Tesla CEO Elon Musk's attempt to acquire OpenAI faces criticism from analysts who see it as a distraction and potential risk to the company amid increasing competition and challenges.
Published on: February 12, 2025, 12:01 PM UTC
Lyft shares drop 12.5% on weaker-than-expected first-quarter outlook, despite aggressive competition against Uber.
Published on: February 12, 2025, 11:00 AM UTC
The UK economy may have contracted in Q4, placing it on the brink of recession. Chancellor Rachel Reeves faces pressure to boost growth as GDP is projected to decline by 0.1% amid tax hikes and economic headwinds. The Bank of England estimates a 40% chance of a technical recession, while the Office for Budget Responsibility is set to downgrade growth forecasts.
Published on: February 12, 2025, 08:00 AM UTC
Nissan and Honda's proposed merger unraveled because Nissan insisted on near-equal treatment, resisted Honda's demands for deeper job cuts, and considered itself capable of recovering on its own. Honda abruptly proposed Nissan become a subsidiary, which Nissan saw as a threat to its dignity.
Published on: February 12, 2025, 05:01 AM UTC