White House Press Secretary Kayleigh McEnany said in a 2012 tweet she prefers Domino's Pizza, Inc. (NYSE: DPZ) over rival Yum! Brands, Inc.'s (NYSE: YUM) Pizza Hut.So why is this making news? Because it's 2020.What Happened: McEnany not only prefers Domino's over Pizza Hut, but said in her 2012 tweet it is "wayyyy better than any NYC pizza."First of all, no. As much as we all love Domino's, myself included, it's factually incorrect to say it is far superior to "any" NYC pizza. Maybe it's better than a few of the $1 slice joints, but I guess to each their own.Surprisingly, this isn't the source of the Internet's outrage. Instead, the Internet is taking offense to Domino's for responding to the tweet with a simple thanks.> @kayleighmcenany That's one heck of a compliment! Thanks for the love! WEAPPRECIATEIT!> > -- Domino's Pizza (@dominos) November 9, 2012This is what the Internet is...
While May’s Cass Freight Index showed some improvement in activity over the previous month, the index for both shipments and expenditures came in 20% below May 2019. ...
The National Association of Home Builders CEO Jerry Howard joins Yahoo Finance’s Zack Guzman to discuss the June NAHB Index, which saw builder optimism climb amid the housing rebound....
Shares of Chinese electric vehicle manufacturer Nio Inc - ADR (NYSE: NIO) have been on a roll since the start of June, with year-to-date gains of about 70%.Industry, Company Fundamentals Improve: Nio's strong gains are predicated on improving fundamentals at the company, with order growth and cost discipline propping up the top- and bottom-line.In late May, the company reported better-than-expected bottom-line performance despite a top-line miss, with revenue impacted primarily by the COVID-19 pandemic.The company has picked up since then. After bottoming in February, orders have started to rebound. Nio is now projecting record deliveries of 9,500-10,000 vehicles in the second quarter.Industry fundamentals have also bottomed. The Chinese EV market is slowly and steadily improving in the wake of the coronavirus -- and the softness induced by the government's cutback in EV subsidies.Stellar Stock Gains: From $3.98 at the end of May, Nio gained about 72% through Monday. On June 2,...
The Trump administration has asked the U.S. Supreme Court to revive a permit program that would allow the disputed Keystone XL pipeline and other new oil and gas pipelines to cross waterways with little review. Earlier this year, a Montana judge suspended the U.S. Army Corps of Engineers’ permit program when environmental groups seeking to block construction of the Keystone XL oil pipeline argued the permit process allows companies to skirt responsibility for damage done to water bodies. Industry representatives said U.S. District Judge Brian Morris' ruling blocking the program could also delay more than 70 pipeline projects across the U.S. and add as much as $2 billion in costs....
