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Detroit's Automakers Are Stepping Up Their Truck Game
Tuesday, August 4, 2020 - 12:01pm | 837Read More...As we enter the second half of 2020, the Fiat Chrysler Automobiles (NYSE: FCAU), General Motors (NYSE: GM) and Ford Motor Company (NYSE: F) are stepping up their game in the truck and SUV segment. Despite the fact we are still far from beating the COVID-19 pandemic, the automakers are increasing...
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Fintech Focus For August 3, 2020
Monday, August 3, 2020 - 11:46am | 1830Read More...Daily Perspective: Stay hungry, stay foolish. - Steve Jobs Fintech Movers: The ECB says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats. - Finextra US fintech funding on pace to excel. Tradeweb calls on Nasdaq tech. Cuban-backed...
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Fintech Focus For July 21, 2020
Tuesday, July 21, 2020 - 2:32pm | 1578Read More...Daily Perspective: Whatever the mind of man can conceive and believe, it can achieve. - Napoleon Hill Fintech Movers: The OCC’s proposed charters will be positive for the fintech industry, facilitating innovative business models, saving on card processing fees, and, ultimately, enabling...
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Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Read More...Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
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Tesla Bolsters EV Enthusiasm With German Factory
Tuesday, June 9, 2020 - 4:30pm | 443Read More...Some of the most impactful automotive innovations were pioneered by organizations such as Ford Motor Company (NYSE: F) and Toyota Motor Corporation (NYSE: TM). Now, Tesla Inc (NASDAQ: TSLA), despite economic and geopolitical challenges, is on its way to making an imprint on...
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Automotive Industry Eyes Slow Recovery
Tuesday, May 26, 2020 - 11:50am | 577Read More...After a long-winded lockdown, U.S. auto-manufacturers are finally reopening. The move to reopen comes with debate, however; for example, Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk, sued Alameda County, California and threatened to move the company's headquarters to...
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Detroit's Big 3 Automakers Resume Production
Tuesday, May 19, 2020 - 4:03pm | 600Read More...In April, the auto industry reached its bottom as car registrations in Europe fell 76%, the strongest drop in demand recorded. This past month, however, European carmakers, such as Bayerische Motoren Werke Ag (OTC: BMWY), Volkswagen AG (OTC: VWAGY) and Daimler AG (OTC...
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Detroit's Big 3 Report Sales Declines, But Outperform Expectations
Friday, April 3, 2020 - 12:06pm | 736Read More...U.S. auto producers announced Q1 sales figures this week, and as expected, sales numbers fell due to the COVID-19 outbreak. A strong year start was fully offset by terrible last month's results. According to industry research firm Wards Intelligence's data, approximately 1 million light...
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How Well Are US Carmakers Prepared For The Upcoming Recession?
Tuesday, March 24, 2020 - 1:53pm | 765Read More...The coronavirus has hit the U.S. economy very sharply. Last week was the worst week for the stock market since 2008, despite the fact that the Federal Reserve has taken some very serious actions. It is quite clear that bad times are ahead for everyone, especially for the sensitive and already...
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GM Ceases Operations In Australia, New Zealand, Thailand, Ends Iconic Holden Brand
Tuesday, February 18, 2020 - 6:36am | 551Read More...General Motors Company (NYSE: GM) on Monday announced that it is scrapping its Australian subsidiary Holden, while also winding down operations in New Zealand and Thailand. End Of An Era For Australia The automaker said that it would phase out the 164-year old brand by 2021. "I've often...
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Barron's Picks And Pans: GM, Kraft Heinz, Tesla, Under Armour And More
Saturday, February 8, 2020 - 12:45pm | 671Read More...This weekend's Barron's cover story reveals the third annual ranking of America's most sustainable companies. Other featured articles explain why oil stocks may have hit bottom and offer a look at how the coronavirus outbreak is affecting health care companies. Also, the prospects for...
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Job Market Heats Up In January, As Warmer Weather Might Have Helped Add Positions
Friday, February 7, 2020 - 10:41am | 2532Read More...That’s more like it. After a slump in December, the economy created a way better than expected 225,000 new jobs in January. The growth included nice gains in closely watched categories like construction and warehousing, but still showed weakness in the manufacturing sector. Even so, job...
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The Growing Specialty Car Equipment Industry Brings Unlimited Opportunities
Monday, November 11, 2019 - 10:04am | 1613Read More...There are 225 million licensed drivers in the U.S with 85% of total adults. And they drive 278.1 million vehicles, made of 158.6 million light trucks and 119.5 million passenger cars that are on the road. The vast majority of the 278 million vehicles are less than 20 years old. Despite the fact...
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Blockchain-Backed Smart Cars To Revolutionize The Road
Tuesday, October 22, 2019 - 4:49pm | 747Read More...By Tony Sagami As I pulled into a paid parking lot, I realized that I didn’t have any cash on me. No problem, there was a Bank of America Corp (NYSE: BAC) ATM right just down the block. I had to wait behind a moron who took so long that by the time I got back to my car, the parking...
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What The Truck?!? – GM Strikes, Service Dogs Win, And Amazon's Evasion
Friday, October 4, 2019 - 3:41pm | 138Read More...Today on What the Truck?!? Mexican auto workers laid off, carrier settles service dog lawsuit, and Amazon.com, Inc. (NASDAQ: AMZN) isn't coming clean on contract drivers. Stone Cold Nick Austin brings us all the odd weather patterns across our fair land. We go Off the Blockchain with Andrew Cox...
