Its global power business its trying to become a more focused company and if this story sounds familiar look no further than here in germany g. E. Decided on the cuts it says to save over a billion euros in twenty eighteen the companys stock has plunged forty four percent this year and the downturn is not only affected g. E. Rival siemens is cutting about six thousand nine hundred jobs its power and gas division has also been hit by the rapid growth of renewables like wind and solar the worldwide trend is towards finding Renewable Energy Solutions Like this when park in china which generates clean energy and doesnt contribute to climate change. And solar has become a more realistic alternative since the dawn of Battery Storage solutions to store daylight energy. The u. S. Company says it expects dwindling demand for fossil fuel power plants to continue g. E. Said the job cuts would primarily take place outside the United States but nearly a third of the companys swiss workforce is set
Business its trying to become a more focused company and if this story sounds familiar look no further than here in germany g. E. Decided on the cuts it says to save over a billion euros in twenty eighteen the companys stock has plunged forty four percent this year and the downturn is not only affected g. E. Rival siemens is cutting about six thousand nine hundred jobs its power and gas division has also been hit by the rapid growth of renewables like wind and solar the worldwide trend is towards finding Renewable Energy Solutions Like this wind park in china which generates clean energy and doesnt contribute to climate change. And solar has become a more realistic alternative since the dawn of Battery Storage solutions to store daylight energy. The u. S. Company says it expects dwindling demand for fossil fuel power plants to continue g. E. Said the job cuts would primarily take place outside the United States but nearly a third of the companys swiss workforce is set to go and sixteen
Opened up 250 points. Its not that i want stocks to go lower. You know that. I just hate it when people buy stocks up huge and then get picked off by a gigantic move that should never have occurred. As the average gave up almost all of their gains, closing up 33 points. The s p climbing 3. 2 . Nasdaq advancing just 0. 62 . The severe retreat made much more sense to me than the up opening because it was based on nothing that has happened here. And therefore zero staying power during the day. I get upset when i see that were taking our cue from the chinese stock market. And when they rally, we open higher . Well, the sellers come in knowing they have been given a gift, the gift of higher prices for all stocks. A gift that is frankly undeserved. The only difference this time we had to be wear of chinese bearing gifts, not just the grifts. Its this infuriating setup with the dollar and Interest Rates were going higher. We know that those are both poison to stocks. Well stocks were still cl
Of homes. The hurricane is on a collision course with south florida. North korea says it detonated a hydrogen bomb. A tough week for investors. The dow, nasdaq and s p all closing down for the week. Equifax the latest victim of a security breach. They say it happened in july of this year. It includes birthdates, addresses within in some cases drivers violence numbers and credit card numbers for 200,000 consumers. They detected the breach a month ago. Amazon announced its looking for a second Corporate Headquarters in north america. It will provide 50,000 jobs and cost 5 billion. Back to you, maria. Maria the market took a hit on north korea fears and quickly stabilized. When yield on Corporate Bonds are lower than corporate stocks, blankfein said that unnerves me. I share his concern. But its nothing new. It started with the feds pushing Interest Rates down. There is 44 of the stocks on the s p with higher dividend yields that fortune companies. The market sees them as lower risks than
The hurricane is on a collision course with south florida. North korea says it detonated a hydrogen bomb. A tough week for investors. The dow, nasdaq and s p all closing down for the week. Equifax the latest victim of a security breach. They say it happened in july of this year. It includes birthdates, addresses within in some cases drivers violence numbers and credit card numbers for 200,000 consumers. They detected the breach a month ago. Amazon announced its looking for a second Corporate Headquarters in north america. It will provide 50,000 jobs and cost 5 billion. Back to you, maria. Maria the market took a hit on north korea fears and quickly stabilized. When yield on Corporate Bonds are lower than corporate stocks, blankfein said that unnerves me. I share his concern. But its nothing new. It started with the feds pushing Interest Rates down. There is 44 of the stocks on the s p with higher dividend yields that fortune companies. The market sees them as lower risks than the u. S.