Business News
traveler1116 The Trump transition team is considering a former executive with Uber Technologies (UBER) and three current or former Republican members of the House of Representatives for Transportation secretary, Reuters reported Saturday, citing people familiar with the matter. According to the
Pulte Capital CEO Bill Pulte weighs in on rising mortgage rates and says that until supply increases, high housing prices will be seen. Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now, according to a new economics report. Oxford Economics revealed this week that a household in … Read more
CARACAS (Reuters) -Venezuela has freed 225 people arrested during anti-government protests over the nation’s disputed presidential election in July, Attorney General Tarek Saab said late on Saturday. The releases were based on new evidence gathered by prosecutors, Saab said in a statement. “Between the afternoon of Friday the 15th and Saturday the 16th, 225 measures … Read more
The start of rolling power blackouts in Iran this week amid critical fuel shortages has exposed the vulnerability of the oil-rich country to US sanctions and underscored the impact of years of under-investment. Iran has the world’s third-largest oil reserves and second-largest natural gas reserves. And yet weary Iranians have in recent months had to … Read more
Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its Machinists union. The pink slips went out last week to members of the Society of Professional Engineering … Read more
Netflix has carved a niche for itself in the romantic comedy genre, but ‘Nobody Wants This’, starring Kristen Bell and Adam Brody, manages to stand out by diving headfirst into the messiness of modern relationships. This isn’t your typical “will-they-won’t-they” rom-com. It’s a nuanced look at two people colliding at the intersection of love, faith, and … Read more
These three stocks offer investors huge dividend potential for many years. The Global X MLP ETF (NYSEMKT: MLPA) invests in master limited partnerships (MLPs) in midstream pipelines and storage. Meanwhile, Devon Energy (NYSE: DVN) and Diamondback Energy (NASDAQ: FANG) are oil and gas exploration and production companies set to gush cash in 2025 and use … Read more
grandriver Oil and gas industry executive Chris Wright has been chosen to be the next energy secretary, President-elect Donald Trump said Saturday. Wright, the founder and chief executive of Denver-based oilfield services company Liberty Energy Inc. (LBRT), will also serve
Jack Otter and the ‘Barron’s Roundtable’ panelists discuss Amazon’s expansion into the generic drug market. Friday was a record-breaking night for Netflix, the streaming giant announced in a press release Saturday. The company said “60 million households” watched the highly-anticipated Mike Tyson-Jake Paul fight live, with a high of 65 million concurrent streams. Netflix said … Read more
By Maria Tsvetkova and Steve Holland NEW YORK (Reuters) -President-elect Donald Trump celebrated his election victory on Saturday night by attending an Ultimate Fighting Championship event with billionaire friend Elon Musk and cheering fans at a heavily guarded Madison Square Garden in New York City. Known by some in the mixed martial arts world as … Read more