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Stock pickers are getting too confident and that may be a bad sign for the rally

Investors may be too comfortable picking individual stocks, and ignoring the macro risks that could derail the rally.

4 years ago

Strike-hit South African Airways says only a deal with unions will end crisis

South African Airways (SAA) resumed some regional flights on Tuesday but warned that only a deal with striking unions can resolve its current crisis, as the government said it has no more money for the cash-strapped state carrier.



4 years ago

US Reg CF Funding Portals: 50 in Total with Several Exits and Several Additions. Is Reg CF Ready to Scale?

Crowdfund Insider | JD Alois | Nov 18, 2019 Periodically, Crowdfund Insider revisits the Reg CF sector of online capital formation. Reg CF or “Regulation Crowdfunding” may have garnered most of the attention from popular media but really there are three individual crowdfunding exemptions including Reg A+ and Reg D 506c. Under Reg A+ you

4 years ago

U.S. safety board wants Boeing to redesign 737 NG part after fatal Southwest accident

The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on a Southwest Airlines plane due to an engine failure caused by a broken fan blade.



4 years ago

S&P 500, Dow retreat from record highs on Home Depot's dull forecast

The S&P 500 and the Dow Jones indexes slipped from record levels on Tuesday as dour forecasts from Home Depot and Kohl's eroded confidence on the strength of U.S. consumer spending ahead of the all-important holiday shopping season.



4 years ago

Trump pushes Congress to pass USMCA as AFL-CIO steps on brakes

U.S. President Donald Trump and top administration officials on Tuesday renewed pressure on Congress to ratify the U.S.-Mexico-Canada (USMCA) trade agreement, after a major U.S. labor leader on Monday said there was more work to do on the deal.



4 years ago

Fisher Investments loses Chicago police pension; total losses now exceed $3 billion

The Policemen's Annuity and Benefit Fund of Chicago ended a $67 million relationship with Fisher Investments, marking another institutional investor to exit from the Camas, Washington-based firm.

4 years ago

U.S. safety board wants Boeing to redesign part after fatal 737 NG accident

The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on Southwest Airlines plane after an engine failure caused by a fan blade.



4 years ago

Trade commission finds Chinese mattress imports hurt U.S. industry

The U.S. International Trade Commission on Tuesday concluded that U.S. industry is materially injured by Chinese-made mattresses that are sold at less than fair value, paving the way for the U.S. Commerce Department to impose anti-dumping duties.



4 years ago

Former Goldman Sachs CEO pushes back on Warren's criticism, wealth tax

Former Goldman Sachs Group Inc Chief Executive Lloyd Blankfein pushed back on Tuesday against Elizabeth Warren's criticism of him and other prominent billionaires, saying the singling out of individuals makes him fear for the "political process in the United States."



4 years ago

GM not liable for punitive damages in ignition switch cases: U.S. appeals court

A federal appeals court said General Motors Co is not liable for punitive damages over accidents that occurred after its 2009 bankruptcy and involved vehicles it produced earlier, including vehicles with faulty ignition switches.



4 years ago

Google enters gaming with cloud-based streaming service Stadia

Alphabet Inc's Google on Tuesday launched Stadia, a cloud-based service that allows users to stream games including "Assassin's Creed Odyssey" and "NBA 2K20" on Chrome web browser.



4 years ago

U.S. safety board chair criticizes Uber for 2018 fatal self-driving crash

The chairman of the U.S. National Transportation Safety Board (NTSB) on Tuesday criticized Uber Technologies Inc for its "ineffective safety culture" at the time of a March 2018 fatal self-driving car crash in Arizona.



4 years ago

Trump can no longer impose 'Section 232' auto tariffs after missing deadline: experts

The clock has run out on President Donald Trump's "Section 232" tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.



4 years ago

Oversupply angst drags oil lower, stocks drift near highs

Oil prices fell sharply on Tuesday on oversupply concerns while a gauge of stocks across the globe was on track to rise for a seventh straight session after large overnight gains in Asia.



4 years ago