Earlier this year, Armin Papperger opened a new factory that will allow his company to produce more of an essential caliber of artillery shell than the entire U.S.…
Read more The Outspoken CEO Behind the World’s Fastest-Growing Arms MakerGermany’s largest arms manufacturer, Rheinmetall RHM -3.85%decrease; red down pointing triangle, expects its sales will be five times as much as they were last year by the end…
Read more Rheinmetall Turns to Former Auto Workers to Fuel Hiring SpreeEurope is trying to get itself on the global rare-earths map, and a new facility on Russia’s border is its opening bid. The city of Narva in Estonia,…
Read more A New Rare-Earths Plant in Europe Shows How Tough Breaking China’s Grip Will BeNexperia microchips are leaving China again, easing a shortage of simple but ubiquitous parts that threatened to paralyze the auto industry. German automotive supplier Aumovio, which was recently…
Read more Chips Held Hostage in Trade War Start Flowing Again to Auto SuppliersRheinmetall RHM 2.85%increase; green up pointing triangle and Pirochim Victoria said they will invest over 500 million euros ($576.9 million) in a new propellant powder plant in Romania.…
Read more Rheinmetall Joint Venture Invests $577 Million to Produce Propellant Powder in RomaniaRheinmetall plans to build an ammunition plant in Latvia, as part of its efforts to ramp up production to respond to increasing demand from North Atlantic Treaty Organization’s…
Read more Rheinmetall to Build Ammunition Plant in LatviaThe former bond king doesn’t like the fixed-income security that’s the lynchpin of the financial world. Bill Gross, the retired fund manager and co-founder of Pacific Investment Management,…
Read more The former bond king, Bill Gross, says 10-year Treasury is ‘overvalued’Media tycoon Shari Redstone is in talks to sell controlling interesting in Paramount parent National Amusements to media and entertainment company Skydance, Puck and the New York Times…
Read more Shari Redstone reportedly in talks to sell Paramount parent to SkydanceTwo things investors can be sure about: Nothing lasts forever and the stock market always overreacts. The spiking of yields on long-term U.S. Treasury securities has been breathtaking,…
Read more These 20 stocks in the S&P 500 are expected to soar after rising interest rates have pushed down valuationsFord Motor Co. said late Monday it has halted work on a $3.5 billion battery factory in Michigan, just days after the carmaker made concessions to its striking…
Read more Ford pauses work on $3.5 billion EV battery plant in MichiganAnheuser-Busch InBev is planning to cut jobs in the U.S. after a sharp deterioration in sales following a boycott that’s still impacting Bud Light. The industry publication Brewbound…
Read more Anheuser Busch InBev to cut jobs after Bud Light boycottThe 2023 FIFA Women’s World Cup kicks off this week in what is expected to be the biggest sporting event of the summer. The tournament favorite, the United…
Read more Women’s World Cup 2023: When does the USWNT play? How much do the players make?U.S. stocks finished mostly lower Thursday, with the Nasdaq and S&P 500 dragged down by disappointing earnings, while the Dow Jones Industrial Average rose for a ninth straight…
Read more Dow posts longest winning streak in nearly 6 years; Nasdaq slumps over 2%Bud Light sales are still falling, as the impact of a boycott against the beer continues to stick. But Morgan Stanley analysts on Thursday said that impact was…
Read more Bud Light sales are still falling, but investors get it at this point. Here’s what Morgan Stanley says they might be missing.The summer haze settling over stocks doesn’t look ready to budge Thursday, with the S&P 500 index SPX, -0.52% in the throes of its longest losing streak since…
Read more This Bud’s for investors. Buy the stock even if Bud Light sales never recover, says analyst.A spokesperson for JPMorgan Chase & Co. on Friday has confirmed statements on social media that some customers are seeing duplicate transactions and fees on their checking accounts.…
Read more Chase working to resolve issue with accidental double payments made through ZelleBud Light’s recent troubles should worsen in the summer, to the benefit of its competition’s brands, enough to turn Roth MKM analyst Bill Kirk bullish on the stocks…
Read more Bud Light troubles prompts call to buy stocks of Boston Beer, Constellation BrandsAtmus Filtration Technologies Inc.’s stock soared 14% Friday in its trading debut, after the Cummins Inc. spinoff priced its initial public offering in the middle of its proposed…
Read more Cummins spinoff Atmus Filtration’s stock soars 14% in trading debutBerkshire Hathaway Sold U.S. Bancorp, Bank of New York Stock. Here’s What It Bought. Source link
Read more Berkshire Bought Capital One, Unloaded 2 BanksWarren Buffett’s Berkshire Hathaway Inc. made a change in banking targets for investment, sending two banks’ shares in opposite directions Monday afternoon. Capital One Financial COF, +3.22% shares…
Read more Warren Buffett’s Berkshire Hathaway switched stakes in two banks, and the stocks head in opposite directions
