U.S. Stocks May Come Under Pressure On Disappointing Earnings News

Following the mixed performance seen in the previous session, stocks may come under pressure in early trading on Wednesday. The major index futures are currently pointing to a notably lower open for the markets, with the S&P 500 futures down by 1.0 percent. The downward momentum on Wall Street largely reflects a negative reaction to earnings news from some big-name […]

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In-N-Out eyes location along Tower Road in Denver

In-N-Out dishes up burgers and fries to a passionate following. (BusinessDen file) In-N-Out is eyeing a location along Tower Road in northeast Denver. A concept plan submitted to the city last summer calls for a 3,860-square-foot restaurant to be constructed on a 1.64-acre site at the northwest corner of Tower and 56th Avenue. California-based In-N-Out confirmed to BusinessDen this month […]

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Market Snapshot

World markets mostly traded in the red zone on Wednesday amidst anxiety ahead of the release of the preliminary fourth quarter G.D.P. estimates from the U.S. The readings are expected to set the context for the next review by the FOMC in the beginning of February. Most recent corporate earnings updates as well as fears of the ECB’s hawkish approach […]

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Boeing Delivers Its Final 747 Jumbo Jet

Boeing has delivered its final 747 jumbo jet, bringing to a close more than 50 years of its production, to Atlas Air Worldwide, the largest operator of the widebody jet called as the “Queen of the Skies.” The aerospace and defense major and Atlas Air joined thousands of people to celebrate the delivery of the final 747-8 Freighter at the […]

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Ford Surrenders on EV Prices

Ford has announced price decreases on one of its most popular electric vehicles (EVs). That is after it raised prices on the same car just a few months ago. The number two U.S. car company has jumped into a price war started by Tesla. Ford’s margins are likely to decline as part of the process. Ford announced that it would […]

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UK Orders Book Balance Falls, Cost Pressures Ease: CBI

UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry, or CBI, and Accenture showed on Tuesday. Output volumes were almost stable in the quarter to January, with a weighted balance of -1 […]

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Why Is Govt Silent On Adani Controversy?

So far the government has been silent on the charges being levelled, even after the stock price rout.Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel. Readers may be familiar with the fall in the Adani group’s share prices last week. Indian investors were reacting to the findings from Hindenburg, […]

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Toyota Is No. 1

It happened again. Toyota was the number-one car company in the world in 2022. It sold 10.5 million cars across several brands, which include Toyota and Lexus. In doing so, it bested Volkswagen, which sold 8.3 million. VW’s several brands include Audi and Porsche. (Click here for cars that have been completely redesigned for 2023.) Part of Toyota’s success is […]

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