In this article SSE-GB A wind turbine photographed in, Camelford, Cornwall, at sunset. Ashley Cooper | Corbis | Getty Images Energy giant SSE said that its renewable assets produced 32% less power than expected between April 1 and September 22 thanks to historically dry and low-wind conditions. This equates to 11% of its full-year output
admin
For many, 2020 will be remembered as a year they spent at home. Others took a different path. They packed their bags and moved to places that many only dream of visiting. Here’s how they feel about their decision one year on, in their own words. From Boston to Napa Valley, California Name: Ian O’ReillyOccupation:
CNBC Brad Gerstner, Altimeter Capital Chairman and CEO, said his hedge fund sold stakes in United Airlines and Expedia, adding that easy gains from the rebound in travel stocks have been realized. “On July 1 this year after a big run-up in United and Expedia, we distributed those returns to investors…. I still think the
In this article WRBY A customer tries on glasses at a Warby Parker store in Los Angeles. Michael Buckner | Getty Images Warby Parker’s stock debut may be a bit different from the norm, yet the expert advice still applies: Invest with caution. The popular eyewear maker began trading publicly on Wednesday through what’s called
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total mortgage application volume fell 1.1% last week from the previous week, according
zacks.com zacks.com/ultimate
James Spears has been suspended as pop star Britney Spears’ conservator, a judge ruled Wednesday. “The current situation is not tenable,” Los Angeles County Superior Court Judge Brenda Penny said after hearing arguments from both sides. “The situation is toxic. I believe suspension is in the best interest of the conservator.” The court named California
U.S. stock index futures inched higher during overnight trading on Wednesday, after tech stocks dipped again as investors digest the impact from higher rates. Futures contracts tied to the Dow Jones Industrial Average gained 81 points, or 0.24%. S&P 500 futures advanced 0.24%, while Nasdaq 100 futures gained 0.24%. The Dow and S&P 500 inched
Elizabeth Holmes, left, and Steve Jobs CNBC; David Paul Morris | Bloomberg | Getty Images As the media started comparing Elizabeth Holmes to Steve Jobs, the former Theranos CEO wrote a note to herself that contained three telling words. “Becoming steve jobs -” Holmes wrote on April 2, 2015, according to documents obtained by CNBC.
Chamath Palihapitiya revealed that he sold his Tesla position for capital to invest in other investment ideas. The Social Capital Founder and CEO said that he exited his bet on the Elon Musk-led electric vehicle company “in the last year or so” as the high prices allowed him to generate cash to fund his other
Working remotely in a business built around relationships means adapting in more ways than one. For most financial advisory firms, the pandemic accelerated advancements already underway in virtual communications and paperless transactions. The best businesses maintained their personal connections with clients and safeguarded customer data at the same time. “We are now fully in the
Courtney Keating | iStock | Getty Images Being able to review a credit report in Spanish will be a huge help for Rosalie Remarais in her job as the Community Development Mortgage Loan officer at Five Star Bank in Rochester, New York. Remarais works with low- to moderate-income families, many of whom are first-time homebuyers,
It’s the year of the penthouse in Manhattan, with the upper-crust shelling out record prices for the highest floors of the city’s luxury towers. More than 500 New York City penthouses are likely to sell this year, which would be the largest number since 2007, according to the Corcoran Group. Penthouse 90 at 35 Hudson
Another “gap that traps” is tripping the switches for more downside in big tech.
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
2022 Jeep Grand Cherokee Jeep DETROIT – Jeep on Wednesday unveiled its first-ever Grand Cherokee plug-in hybrid as it attempts to pivot its SUVs from gas guzzlers to “green” vehicles. The new 2022 Grand Cherokee 4xe has an estimated 25 miles of all-electric range before switching to a four-cylinder turbocharged engine to power the
In this article MU LLY NFLX LCID DLTR ASML-NL Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell below consensus, due to computer-making customers
Jeff Bezos, left, and Elon Musk Getty Images; Reuters Elon Musk repeated prior criticisms of fellow billionaire space mogul Jeff Bezos, as their respective companies continue to battle in federal court and in front of regulators. “I think I’ve expressed my thoughts on that front – I think he should put more of his energy
d3sign | Moment | Getty Images Hiring young talent is imperative for financial advisors. But finding so-called “next-generation” advisors can be a challenge — largely because young college graduates are often unaware of financial advice as a career path, according to firms on CNBC’s annual FA 100 ranking. These top firms have found ways to
Jodi Jacobson | E+ | Getty Images House Democrats proposed a change to the estate tax that would lead to more households having to pay up each year. But just how many people actually pay the tax, and how might the proposal change that share? The short answers: Few people pay it now, and the