In a recent discussion on The Big Money Show, Peter McNally, the global head of analysts at Third Bridge, addressed the implications of the ongoing strike among Boeing factory workers. The strike has drawn significant attention as Boeing attempts to negotiate with the International Association of Machinists and Aerospace Workers,…...

Elon Musk, the dynamic CEO of Tesla, continues to be a focal point in the news, especially with the impending unveiling of his ambitious Robotaxi project set for this Thursday at Warner Bros. studio in Los Angeles. Musk’s reputation as a prolific entrepreneur has been significantly bolstered by successes such…...

On Tuesday, the U.S. Department of Justice (DOJ) initiated a lawsuit against Visa, charging the company with maintaining an illegal monopoly in the U.S. debit card market. According to the DOJ’s complaint, Visa processes over 60% of all debit card transactions in the United States, allowing the company to levy…...

Former Secretary of the Treasury Steven Mnuchin has recently launched a private equity firm named Liberty Strategic Capital, attracting attention in the finance industry. In a significant development, private equity giants Vista Equity Partners and Blackstone have agreed to acquire the software company Smartsheet for approximately $8.4 billion in cash.…...

Harley-Davidson has announced a recall of approximately 41,600 motorcycles due to safety concerns related to potential short circuits that could lead to a loss of power unexpectedly. The recall specifically affects several models from the 2024 lineup, including the FLHX, FLHXSE, FLTRX, FLTRXSE, and FLTRXSTSE, with the concern stemming from…...

In a recent announcement, Southwest Airlines has unveiled significant changes to its business model as part of a strategic shift aimed at addressing the challenges posed by declining profits and a falling stock price. The Dallas-based airline, which has long operated under an open seating policy, is set to introduce…...

Farm equipment giant John Deere is facing significant operational challenges, particularly highlighted by its recent announcement recalling around 147,900 compact utility tractors in the United States. This recall, which targets models 1023E, 1025R, and 2025R, was issued due to a serious safety concern: the potential failure of the front bell…...

Hurricane Helene, a Category 3 storm, has prompted significant preparations in Florida as it approaches landfall in the Big Bend area. Fortescue founder Dr. Andrew Forrest recently appeared on ‘Varney & Co.’ to discuss the implications of the hurricane and its possible links to climate change, raising questions about the…...

October often brings surprises, not just in politics but also on Wall Street. As the founder and CEO of Navellier & Associates, Louis Navellier notes, this month has a history of unexpected developments in the stock market. Year-to-date, the major indexes have shown pleasing growth, with the Dow Jones Industrial…...

Keith Fitz-Gerald, the principal of The Fitz-Gerald Group, emphasized the noteworthy developments surrounding three key stocks—Costco, Palantir, and Lockheed Martin—before the market commenced its trading activities. A major highlight was Costco’s recent implementation of membership card scanners at the entrances of its U.S. warehouses. According to the wholesale retailer, this…...

In a recent episode of ‘Varney & Co.,’ Kyle Wool, CEO of Dominari Financial, discussed the implications of the latest inflation data on the financial markets and the upcoming 2024 presidential election. The U.S. stock market is experiencing significant gains amid a favorable inflation report, marking the third consecutive week…...