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Ford bets on an electric Mustang to charge its turnaround

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker.



4 years ago

Factbox: Ford bets Mustang muscle can sell an electric SUV

Ford Motor Co has tried and failed to generate interest in utilitarian electric vehicles such as a battery-powered Focus compact car. Now, the company is using the high-performance image of its Mustang muscle cars to sell an electric SUV. Here are some details of the Mustang Mach E's design and performance.



4 years ago

Asia shares tick higher as China cuts repo rate

Asian shares blipped higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world's second-largest economy.



4 years ago

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

Japan's SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc .



4 years ago

U.S. expected to grant Huawei 90-day license extension Monday: sources

The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said.



4 years ago

Asia shares hauled higher as China trims key repo rate

Asian shares ticked higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that further stimulus was on the way for the world's second-largest economy.



4 years ago

Morgan Stanley says global growth should recover in 2020 as trade tensions and monetary policy ease

The bank forecasts global economic growth of 3.2% next year, compared to 3% in 2019.

4 years ago

Boeing says timing of 737 MAX return in hands of regulators

Boeing said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its 737 MAX, which has been grounded since March in the wake of two fatal crashes.



4 years ago

Jefferies has a 'black swan' warning for the video game industry, but investors aren't worried yet

In a new report, Jefferies said that addiction is emerging as a potential threat to the gaming industry, and that investors might not be pricing in the risk.

4 years ago

Here are the best analyst calls of the week on Wall Street, including Apple, Live Nation

Here are some of the most interesting analyst calls of the week

4 years ago

Last year Americans racked up over $1,000 in holiday debt — this year they plan to spend even more

Last year's holiday tab took months to pay off. Here are some steps you can take this season to ensure you don't end up even deeper in the red.

4 years ago

Despite gridlock in Washington, these big changes could be in store for your finances

There's a number of bills underway with bipartisan support that could impact your wallet.

4 years ago

4 ways to avoid the overspending trap this holiday

Last year's holiday tab took months to pay off. Here are some steps you can take this season to ensure you don't end up even deeper in the red.

4 years ago

UK's Corbyn: Labour to exclude NHS, medicines from trade deals with U.S.

UK opposition leader Jeremy Corbyn said the Labour Party will exclude Britain's National Health Service and medicines from trade deals with the United States, as he accused Prime Minister Boris Johnson of covering up "secret talks" on the NHS.



4 years ago

This fund manager is up nearly 40% this year by betting on 'misunderstood' ideas

Contrarian fund manager Nick Schommer is up a blistering 36.6% this year with big bets on Crown Holdings and Disney, among other stocks.

4 years ago