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S&P 500 hovers below record highs on mixed earnings

29 mins ago DieselGasoil Comments Off on S&P 500 hovers below record highs on mixed earnings
(Reuters) – U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid The S&P 500 is Read More

Nasdaq hits record, S&P nears all-time high on upbeat earnings

1 hour ago DieselGasoil Comments Off on Nasdaq hits record, S&P nears all-time high on upbeat earnings
(Reuters) – The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Boeing withdraws 2019 financial forecast & pauses share buybacks amid mounting concerns over 737 MAX

2 hours ago DieselGasoil Comments Off on Boeing withdraws 2019 financial forecast & pauses share buybacks amid mounting concerns over 737 MAX
The yet unresolved issues surrounding Boeing’s once best-selling 737 MAX aircraft have forced the world’s biggest aerospace corporation to pull its full financial forecast for the current year. Moreover, Boeing announced plans to pause share buybacks, citing “a challenging time for our customers, stakeholders and the company.” “Across the company, we are focused on safety, Read More

Wall Street set for flat open after Boeing, Caterpillar earnings

4 hours ago DieselGasoil Comments Off on Wall Street set for flat open after Boeing, Caterpillar earnings
(Reuters) – Wall Street was set to open flat on Wednesday after a record-setting rally in the previous session, as investors assessed quarterly reports from industrial bellwethers Boeing and Caterpillar. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, Read More

Woman wakes up from coma 27 years after school bus crash

7 hours ago DieselGasoil Comments Off on Woman wakes up from coma 27 years after school bus crash
A woman who suffered a catastrophic brain injury and fell into a coma when her car collided with a school bus in the United Arab Emirates has woken up for the first time in almost three decades. Munira Abdulla was involved in the horrific road accident in 1991, having picked up her son Omar, 4, Read More

U.S. expands air bag defect probe to 12.3 million vehicles

1 day ago DieselGasoil Comments Off on U.S. expands air bag defect probe to 12.3 million vehicles
WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration said on Tuesday it is expanding a probe into potentially defective air bags to 12.3 million vehicles and upgrading it to an engineering analysis, a step required before it can seek to compel recalls. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Read More

Trump’s hardline on Iran catches oil markets off-guard

1 day ago DieselGasoil Comments Off on Trump’s hardline on Iran catches oil markets off-guard
Oil prices spiked on the back of news that the Trump administration would not extend the Iran sanction waivers, a decision that will likely increase oil market volatility. The Washington Post reported on Sunday that the State Department was set to announce a decision against extensions on waivers after the initial six-month period expires. Secretary of State Read More

Model S fire video adds to Tesla woes pre-results

2 days ago DieselGasoil Comments Off on Model S fire video adds to Tesla woes pre-results
SHANGHAI (Reuters) – Video of a parked Tesla Inc Model S exploding and a Wall Street downgrade of the electric carmaker’s stock pushed shares down 4 percent on Monday, as it prepared to issue results for a troubled first quarter. FILE PHOTO: A Tesla logo is seen on a wheel rim during the media day Read More

Tesla investigates video of parked Model S exploding in Shanghai

2 days ago DieselGasoil Comments Off on Tesla investigates video of parked Model S exploding in Shanghai
SHANGHAI (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving Tesla’s cars. FILE PHOTO: A Tesla logo is seen on a wheel rim Read More

Tesla investigating video of parked Model S exploding in Shanghai

3 days ago DieselGasoil Comments Off on Tesla investigating video of parked Model S exploding in Shanghai
SHANGHAI (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc on Monday said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving Tesla’s cars. FILE PHOTO: A Tesla logo is seen on a Read More