After hours Friday
General Electric’s (NYSE:GE) new chief executive John Flannery will focus on three key businesses – aviation, healthcare and energy as he looks to turn around the fortunes of the ailing conglomerate. However he has stopped short of a wholesale dismantling of the Behemoth, the Wall Street Journal said.
Tesla Inc’s (NASDAQ:TSLA) electric Semi Truck has received orders from Wal-Mart Stores (NYSE:WMT) and JB Transportation Services, according to the Wall Street Journal.
The US markets aren’t even close to pricing in the potential beneficial impact of Trump inspired tax cuts, research from UBS claims.
A paper by researchers at Georgetown, Ohio State and Rutgers universities and the Chicago Fed found that lenders held off foreclosures on thousands of delinquent mortgages in districts where the incumbent politicians could have influenced new tighter mortgage legislation.