Archive for February 17th, 2020

The debt financing keeps the lights on for now, but there are other challenges beyond money.

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Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of novel coronavirus in China.

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Dairy Farmers of America announced Monday that it has agreed to buy Dean Foods, America's largest milk producer, for $425 million.

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Investors increasingly see the future of the car as electric—even if most car buyers haven’t yet. And lately, those investors are placing bets on Tesla to usher in that future versus auto makers with deeper pockets and generations of experience.

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Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company.

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As the novel coronavirus outbreak continues to batter China, the country's central bank has implemented a new strategy to contain the virus — deep cleaning and destroying potentially infected cash.

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Want to know the true cost of the world's most in-demand products? From avocados to beef, here are the items we’re buying in droves that could be having monumental impacts further down the supply chain.

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<p>Mike Bloomberg on Sunday released plans to shore up Americans' retirement, promising to increase Social Security benefits and create a government-backed savings plan for workers at all income levels.</p>

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In November 2019 Tesla announced plans for a new Gigafactory near Berlin, but has been met with fierce opposition from local environmentalists.

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Everything that makes the chain great also poses risks to your wallet.

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The iPhone maker's biggest investor sold almost 3.7 million shares, or about 1% of his total stake.

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In November 2019 Tesla announced plans for a new Gigafactory near Berlin, but has been met with fierce opposition from local environmentalists.

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Airbus is slowly restarting its assembly line in China. General Motors began limited production on Saturday. Toyota followed on Monday morning. Fitfully and painfully — and with some worried prodding from Beijing — China is trying to reopen for business. The world’s second-largest economy practically shut down three weeks ago as a viral outbreak sickened tens of thousands of people, unexpectedly lengthening a Chinese holiday. The freeze set off…

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The vehicle trade-in is often a crucial step in car buying. But some dealerships are telling buyers to give their old cars back to their lenders—and selling them new ones—in a practice known as “kicking the trade.”

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Most U.S. factories in China’s manufacturing hub around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, according to the American Chamber of Commerce in Shanghai.

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