Connect with us

Business

Cigna, Anthem won’t have to pay damages over failed merger, judge decides – Fox Business

Delaware court places blame for failed union on both sides

Published

on

post featured image
ADVERTISEMENT

Cigna Corp. and Anthem Inc. won’t have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided Monday, potentially resolving a bitter, yearslong legal battle that had the two insurance giants trading accusations of skulduggery.
In dueling lawsuits, each of the health-insurance giants sought billions of dollars in damages from the other. Both companies argued that its erstwhile partner had sabotaged their proposed combination, which foundered in 2017 aft…

Click here to view the original article.

Business

Dow Jones Futures: Coronavirus Cases Soar In Pivotal Week For Stock Market Rally; Microsoft, Tesla Near Buy Points – Investor’s Business Daily

Dow Jones futures: The stock market rally could go either way. So are leaders like Microsoft and Tesla. It’s peak earnings week as coronavirus cases soar.

Published

on

post featured image
ADVERTISEMENT

Dow Jones futures will open for trading Sunday evening, along with S&P 500 futures and Nasdaq futures. It’s a pivotal week for the stock market rally. New coronavirus cases are soaring. Vice President’s chief of staff and several aides have tested positive for Covid-19 with just over a week to Election Day. Hopes for a pre-election stimulus deal are fading.  It’s the heart of earnings season, with Apple stock, and Microsoft (MSFT) among those reporting.
XThe market rally suffered further losses…

Click here to view the original article.

Continue Reading

Business

Elon Musk: Tesla’s next ‘killer product’ is Solar Roof – Electrek.co

Elon Musk says that Tesla’s next ‘killer product’ is its Solar Roof and that it will become “obvious” next year. It looks like Tesla is getting ready for it by…

Published

on

post featured image
ADVERTISEMENT

Elon Musk says that Tesla’s next ‘killer product’ is its Solar Roof and that it will become “obvious” next year.
It looks like Tesla is getting ready for it by hiring an army of roofers.
During a conference call following Tesla’s Q3 2020 earnings results this week, Tesla CEO Elon Musk hyped up the solar roof tiles.
The CEO said that it will become a clear ‘killer product’ next year:
“When you look around the neighborhood in the future, decade from now, what do you want? What products are going to…

Click here to view the original article.

Continue Reading

Business

Harley’s New CEO Bets on Leaner Operations to Restore Hogs’ Luster – The Wall Street Journal

Jochen Zeitz is cutting models, dealerships and jobs as company abandons plans to appeal to younger riders

Published

on

post featured image
ADVERTISEMENT

Harley-Davidson Inc. is going back to the basics of making big, expensive motorcycles for its most devoted customers, abandoning a decadelong quest to reach new types of riders.
New Chief Executive Jochen Zeitz, a German-born former head of Puma SE and collector of African art, is scaling back overseas expansions, shrinking Harley supplies in the U.S. and delaying or abandoning new models that were intended to appeal to younger riders.
It…

Click here to view the original article.

Continue Reading

Trending

You might also like ...

post featured image
It Took 12 Years To Complete New Target Store Opening In Hollywood Sunday – CBS Los Angeles
post featured image
If Biden wins, he tells his Wall Street supporters he can’t wait to raise taxes – Fox Business
post featured image
Gottlieb warns of “dangerous tipping point” as virus spread accelerates – CBS News