vHub now offers integration between its platform and fleet telematics and trailer tracking systems, providing an exact GPS-based location of available units and actual mileage, according to the company. ...
Not long after legendary investor and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett said he has no interest in investing in Tesla Inc (NASDAQ: TSLA), Tesla CEO Elon Musk told Joe Rogan his thoughts on the Oracle of Omaha.When Rogan asked if the term "billionaire" has become pejorative, Musk brought up Buffett as an example."So when you take Warren Buffett for example -- and to be totally frank I'm not his biggest fan -- he does a lot of capital allocation. He reads a lot of annual reports of companies, all the account, and it's pretty boring honestly. What he's trying to figure out is 'does Coke or Pepsi deserve more capital," Musk said.See Also: Here's What Warren Buffett Thinks About Tesla And Elon MuskMusk's History With BuffettMusk's comments come after Buffett was asked about Musk in a Yahoo Finance interview."Well, I think you're trying to bait me...
(Bloomberg) -- Traders are now pricing in the possibility that the U.S. central bank will cut its policy rate below zero, dragging the yield on two-year Treasuries to a record low.Fed funds futures contracts extended their rally from earlier this week and prices for early 2021 contracts surged above 100, a level that marks the boundary to negative interest rates. The five-year Treasury rate also hit an unprecedented low as securities rallied across the curve and falling yields weighed on the dollar.Federal Reserve Chairman Jerome Powell has consistently pushed back against the idea of taking interest rates negative, though Atlanta Fed President Raphael Bostic said Thursday the central bank will deploy its full arsenal to aid the pandemic-hit economy.The Fed is currently targeting a benchmark rate of between zero and 0.25%, but Thursday witnessed mounting speculation across markets about the possibility of that heading lower. Eurodollar options -- commonly used as...
The autonomous vehicle is intended for fixed, repeatable routes between distribution centers and stores, which reduces autonomous travel’s problematic “edge cases.” ...
When American companies recently applied for U.S. government loans meant to help small businesses survive the coronavirus crisis, they had to certify they needed the cash to cover basic needs like salaries and rent. Forty-one publicly traded companies that got the emergency aid already had enough to cover basic expenses for two months or more when they applied for the funds, a Reuters analysis found -- even if their revenue dropped to zero. Six had enough to last at least until December, according to the review, which was based on average monthly operating expenses from 2019....
