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Source: Business - Google News | 19 Oct 2018 | 6:13 pm

Housing Market Is Faltering and Strong Economy Offers No Cure

The housing market is stumbling through its longest slump in four years, as the divergence between a booming U.S. economy and weakening home sales that many had dismissed as temporary now looks poised to continue.

Source: WSJ.com: US Business | 19 Oct 2018 | 6:10 pm

Fed's Kaplan: Too Soon to Know How Saudi Tensions Could Affect Economy

Dallas Fed President Robert Kaplan said it is too soon to say what rising tensions with Saudi Arabia over the suspected killing of a Saudi journalist might mean for the U.S. economy, but he acknowledged the issue is on his dashboard of risks.

Source: WSJ.com: US Business | 19 Oct 2018 | 5:41 pm

Elon Musk's extreme micro-management has wasted time and money at Tesla, insiders say - CNBC


CNBC

Elon Musk's extreme micro-management has wasted time and money at Tesla, insiders say
CNBC
Elon Musk, Tesla CEO. It was late 2016. Tesla CEO Elon Musk had confidently told investors that his company would be cranking out 500,000 electric cars a year by 2018. To hit those mass-market volumes, the CEO ordered a team of engineers to figure out ...
Tesla CEO Elon Musk touts new Model 3, but it's a bit pricier than the one many expectedUSA TODAY
The 32 most outrageous things Elon Musk has saidBusiness Insider
The Real Cost of Tesla's New '$35000' Model 3TheStreet.com
Quartz -MarketWatch -Motley Fool -ExtremeTech
all 344 news articles »

Source: Business - Google News | 19 Oct 2018 | 5:01 pm

New 'Opportunity Zone' Rules Offer Developers Tax Breaks

The Trump administration, trying to accelerate tax-advantaged investment in low-income areas, offered generous definitions and rules Friday in a long-awaited package of regulations.

Source: WSJ.com: US Business | 19 Oct 2018 | 4:52 pm

SEC Opens Investigation Into Honeywell's Accounting

Honeywell International said the SEC opened an investigation into its accounting of asbestos-related claims.

Source: WSJ.com: US Business | 19 Oct 2018 | 4:49 pm

Chevron Ready to Resume Oil Output in Wafra if Saudis, Kuwaitis Agree

Chevron stands ready to restart pumping oil in a field shared by Saudi Arabia and Kuwait once the countries settle a dispute over environmental licenses, the company said Friday.

Source: WSJ.com: US Business | 19 Oct 2018 | 4:37 pm

Dow Closes Higher on Strong Earnings Reports - Wall Street Journal


Wall Street Journal

Dow Closes Higher on Strong Earnings Reports
Wall Street Journal
Strong quarterly earnings reports helped the Dow Jones Industrial Average eke out slight gains for the week after turbulent recent days for U.S. stocks. Stocks have swung sharply in recent trading sessions. The Dow industrials rose more than 2% Tuesday ...
Dow snaps 3-week losing streak, Procter & Gamble surgesCNBC
US Stocks Wobble at the End of Another Shaky Week of TradingU.S. News & World Report
Dow Gains, S&P 500 and Nasdaq Slip; Ford Hits 52-Week LowTheStreet.com
ABC News
all 137 news articles »

Source: Business - Google News | 19 Oct 2018 | 4:35 pm

Daimler Issues Profit Warning, Sending Shares Down

Daimler warned of “significantly lower” earnings for the full year and said profit had dropped 27% in the three months to Sept. 30, sending shares to a five-year low.

Source: WSJ.com: US Business | 19 Oct 2018 | 4:25 pm

Frustrated Investors Want Frackers to Consolidate

A private-equity firm is urging oil producer Resolute Energy to merge with a rival, the latest salvo in a growing campaign by some investors to force shale drillers to consolidate.

Source: WSJ.com: US Business | 19 Oct 2018 | 4:07 pm

Facebook Turns to U.K. Politician to Help Repair Image

Facebook has hired Britain’s former deputy prime minister, Nick Clegg, as its top policy and communications executive, giving a Silicon Valley outsider the task of mending the social network’s image.

Source: WSJ.com: US Business | 19 Oct 2018 | 3:54 pm

P&G Posts Strongest Sales Growth in Five Years

Procter & Gamble booked its strongest quarterly sales gains in five years on the back of healthy global demand for bathroom staples like Head & Shoulders shampoo and Gillette razors.

Source: WSJ.com: US Business | 19 Oct 2018 | 3:43 pm

'You are a disaster': Cleveland-Cliffs CEO berates analyst on earnings call - MarketWatch


Vanity Fair

'You are a disaster': Cleveland-Cliffs CEO berates analyst on earnings call
MarketWatch
Shares of Cleveland-Cliffs Inc. fell more than 6% Friday after Chief Executive Lourenco Goncalves slammed analysts during the mining company's earnings call earlier in the day, accusing them of failing to understand numbers and targeting a Goldman ...
Cleveland-Cliffs, Inc. (CLF) CEO Lourenco Goncalves on Q3 2018 Results - Earnings Call TranscriptSeeking Alpha
Cleveland-Cliffs CEO on whether he would go after analysts again: 'Absolutely'CNBC
'You Can Run But You Can't Hide,' CEO Says to Goldman AnalystBloomberg
CNN -Minnesota Public Radio News -Benzinga
all 96 news articles »

Source: Business - Google News | 19 Oct 2018 | 2:54 pm