The UAW Strike Escalates With A Surprise Move Against Ford
The UAW has expanded the strike against the Detroit automakers it kicked off on September 15th, with a major escalation that affected the largest factory of Ford Motor (NYSE: F).
Microsoft And Google Tease A New “Tech For Good” Era
Although it is quite a quiet week earnings-wise with big lenders yet to kick off bank earnings and the third quarter earnings season on Friday, things are never dull in the tech universe.
UAW Strike Nears Its Fourth Week
It’s been more than three weeks since the UAW took a stand against General Motors (NYSE: GM), Ford Motor (NYSE: F) and Stellantis (NYSE: STLA).
Big Pharma Could Transform Into BioTech Pharma
As the word itself says, biotechnology is simply technology based on biology. It uses the knowledge of cellular and biomolecular processes to develop technologies that improve our lives and overall health of the planet that is only our home.
PepsiCo Snacking Consumers Digested The Price Hikes
Macroeconomic headwinds did not slim down the third quarter results of PepsiCo Inc (NASDAQ: PEP) who today smashed Wall Street estimates along with raising its full-year guidance for a third consecutive quarter, sending shares more than 2% up during pre-market trading.
The UAW Strikes Signal The Automotive Sector Is In For A Profound Change
This week began with UAW workers at Volvo Group (OTC: VLVLY)-owned Mack Trucks also going on strike, joining the UAW’s targeted strike against the Detroit Three automakers.
Strong Beer Performance Fueled Constellation Brands To Overcome Slumping Wine And Spirit Demand
On Thursday, Constellation Brands Inc (NYSE: STZ) touted the strong performance of its beer portfolio as the Corona beer maker raised its annual guidance upon delivering a fiscal second quarter sales and profit beat. Like its peer, Brown-Forman Corporation (NYSE:
Levi’s Results Warn That Grinch Could Actually Steal Christmas This Year
Levi Strauss & Co (NYSE: LEVI) reported muted third quarter earnings while slashing its annual outlook again after already cutting its full year profit guidance three months ago.
Detroit Automakers Are Bracing For A Lengthy Struggle
UAW’s strike against General Motors (NYSE: GM), Ford Motor (NYSE: F) and Chrysler-parent Stellantis (NYSE: STLA) is now in its 20th day.
US and UK Regulators Are Going After Amazon And Microsoft
On September 26th, the Federal Trade Commission went into action to stop the monopoly power of Amazon.com Inc (NASDAQ: AMZN) by filing a long-awaited antitrust suit. The case was filed in conjunction with seventeen states, accusing the e-commerce titan of using its online retail dominance to suppress competition.