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Daimler expects an earnings bounce in Q4

Bloomberg Daimler AG has its work cut out to get a fourth-quarter earnings bounce. After two consecutive profit warnings, the German manufacturer of Mercedes-Benz cars sees improvements by clearing out vehicle stock in Europe and maintaining sales momentum in China, the Stuttgart-based company said in a statement. Neither will be easy. “Daimler is certainly not alone when hoping for a ...

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Comcast rises as focus on improving service pays off

Bloomberg Comcast Corp. climbed in early trading after its focus on improving its internet service paid off in the third quarter, with the largest US cable provider posting a big increase in broadband subscribers. The company added 363,000 internet subscribers in the period, a 70 percent increase from a year earlier. Comcast has had only one previous quarter in the ...

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Trump economy needs California’s global outlook

Wherever he is, President Donald Trump exults in the US economic boom, calling it, falsely, the strongest in history. (He’s just recently stopped making the same inaccurate claim for the US stock market.) He even bragged about having a “magic wand” he could wave to conjure jobs and growth. Never mind that almost 13 million of the 17 million jobs ...

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