Recent Posts

American consumer confidence retreats from a 13-year high

Bloomberg Consumer confidence retreated in February from a 13-year high as Americans tempered expectations of their finances and the economy, with sentiment remaining sharply divided among party lines. The University of Michigan said that its preliminary index of sentiment cooled to a three-month low of 95.7 from 98.5 in January. The median projection in a Bloomberg survey called for 98. ...

Read More »

Uber suffers for Trump ties, Tesla’s Musk goes unsullied

  Bloomberg While Uber got shellacked for its link to President Donald Trump, the electric carmaker and sometimes-rival Tesla Inc. has comfortably weathered its association with a president who has lower approval ratings than any predecessor in his first days in office. Uber Technologies Inc. lost customers and drivers and became the subject of a campaign on Twitter that encouraged ...

Read More »

Disney boosts stake in Paris theme park

  Bloomberg Walt Disney Co. plans to take full ownership of its ailing theme park in Paris to get the resort under control after 25 years of ups and downs at its first and only outlet in Europe. Disney is acquiring a 9 percent stake in Euro Disney SCA from Saudi Prince Alwaleed Bin Talal’s Kingdom Holding Co. for 2 ...

Read More »
Send this to a friend