Markets

Vale S.A. (NASDAQ:VALE) Resumes its Mining Operations at the Alegria Mine

Brazil’s miner, Vale S.A. (NASDAQ:VALE), received official authorization from ANM, the Brazilian regulator to continue their mining activities at their mining site in Alegria. The Alegria mining site was closed last March after the ‘stress test’ revealed that its stability in question. Vale’s security filing stated that this continuation of their activities at the Alegria […]

Ford Motor Company (NYSE:F) Recalls Three Of Its Vehicle Models

Ford Motor Company (NYSE:F) has recalled 319,711 vehicles in North America. This voluntary recall was announced on the 29th of October 2019 and is to kick odd immediately. This recall has affected its four models; Lincoln Navigator, Transit, Expedition, and Edge. There were no accidents or injuries that triggered these recalls, which will be fully […]

Huawei Might Soon Have Alphabet Inc (NASDAQ:GOOGL) Back, A Significant Boost In Mate 30 Sales

Huawei’s darkest cloud – the loss of Alphabet Inc’s (NASDAQ:GOOGL) support – is about to lift as the United States has signaled that the long-awaited blacklist exemptions licenses might land soon. So far, the only cloud on the company’s shiny horizon is Trump’s administration that stripped Huawei of its United States supply chain. The tech […]

Uber Technologies Inc (NYSE:UBER) Litigates Skokie Over Rideshare Charges

Uber Technologies Inc (NYSE:UBER) has filed a petition against Skokie village over the new rideshare charges that was passed recently. The company filed the court suit in the Cook County Circuit Court, asserting that the new rideshare charges is against Illinois constitution. The tax was put to effect immediately after it was passed by legislators. […]

Fiat Chrysler Automobiles (FCAU:NYSE) And PSA Forms A Merger

Fiat Chrysler Automobiles (FCAU:NYSE) announced recently that it is entering into a 50-50 merger with PSA o enhance competitive advantage. If plans are implemented, the merger will build the fourth largest automobile company in the world. However, the move has raised concerns with Vauxhall, the owner of PSA, which could be forced to restructure and […]

General Motors Company (NYSE:GM) Recalls Over 600.000 Pickup Trucks And SUVs For Brake Malfunctions

General Motors Company recently issued a recollection for over 600,000 pickup trucks and SUVS due to brakes malfunctions. The company has recalled the Chevrolet Suburban, Chevrolet Tahoe and GMC Yukon SUVs of 2015-2020. Also, the company recalled GMC Sierra pickups and Chevrolet Silverado trucks of 2014-2018 for the same safety problems. It is alleged that […]

Ford Motor Company (NYSE:F) Averts A Strike By Reaching A Deal With UAW: Ford To Invest $6 Billion And Generate 8,500 Jobs In The US

Ford Motor Company (NYSE:F) averted a strike by reaching an agreement with UAW on the new labor contract valid for four years. As part of the deal, Ford will invest $6 billion and retain or generate 8,500 jobs in the US. The deal is to be endorsed by the local union leaders. Gary Jones, president […]

Apple Inc. (NASDAQ:AAPL) Adopts Trade-in Programs, Installment Plans, And Giveaways To Boost Sales of iPhones In A Sluggish Market

The sales of iPhones are not surging like in the golden era of Apple Inc. (NASDAQ:AAPL). Executives of Apple have put aside praising of the features such as breakthrough technology, sleek design, to boost the sales. Instead, they are focusing on installment plans, giveaways, and trade-in programs to convince the users to buy and improve […]

Johnson & Johnson (NYSE:JNJ) Confirms Recalled Baby Powder Samples Are Free From Asbestos

Johnson & Johnson (NYSE:JNJ) refuted the claims of the US FDA and said 15 new tests confirm the recalled baby power is free from asbestos. The company hired third-party laboratories to conduct tests on the recalled baby powder lots. Johnson & Johnson stock trades at $132.84, an increase of 2.87%. The stock lost over 8% […]

Delta Air Lines, Inc. (NYSE:DAL) Inaugurates First Phase Of The Expansion At LaGuardia Airport In New York

Delta Air Lines, Inc. (NYSE:DAL) inaugurated the first phase of expansion at LaGuardia Airport in New York on October 29, 2019. The airline is expanding the facility to cater to the growing operations with an investment of $3.3 billion. Delta, the largest carrier at LaGuardia Delta, which started flying from LaGuardia five decades ago, is […]