Transflo has partnered with American Trucking Associations on the Driver Assist Task Force platform and mobile app, a suite of free digital tools to give truck drivers and fleets health and safety information to help keep supply chains moving during situations like the recent COVID-19 pandemic. ...
Stock futures opened slightly lower Wednesday evening after a batch of historically weak economic data revealed the extent of the coronavirus' damage on the domestic economy....
A group consisting of American Trucking Associations President and CEO Chris Spear and CEOs from four major trucking companies have been selected to join President Trump’s Great American Economic Revival initiative, which is convening bipartisan groups of industry leaders from across all sectors of the U.S. economy. ...
On CNBC's "Closing Bell," Josh Brown revealed why he likes Slack Technologies Inc (NYSE: WORK).Brown has a long position in the stock and his first purchase was when it was trading much higher. After the stock declined, he decided to buy more at lower prices.Brown said the stock bounced off its 100-day moving average and there is a "pretty well-established inverse head and shoulders pattern" on its chart. If the stock breaks above $30, which is the neckline of the inverse head and shoulders, Brown said it would be in a good position to move much higher.He said the stock is expensive and it has always been expensive, but it's a part of the basket of stocks that benefit from the current COVID-19 quarantine situation.The Microsoft ImpactSlack went from 10 million to 12.5 million daily users and it converts around 16% of free users to paid, Brown said.He explained that the...
Stocks fell Wednesday after new economic data showed U.S. retail sales and manufacturing output each declined by massive margins in March amid the coronavirus pandemic....
(Bloomberg) -- The clamor for retail investors to get hold of precious-metals coins is about to get more urgent.The U.S. Mint said Wednesday it’s temporally halting production at its West Point facility in New York because of the risk to employees from the coronavirus. The site makes gold, silver, platinum and palladium coins which are sold through a network of distributors.The shutdown comes as convulsive swings in financial markets spur a surge in demand among retail investors for precious metals as haven assets. Last month, the Mint said it sold out of American Eagle silver coins, while the gold coins it offers were snapped up in March at the fastest pace in over three years.“The timing is awful,” said Everett Millman, a precious-metals specialist at Gainesville Coins in Florida. “It’s going to exacerbate the supply shortage” in the coin market when demand is soaring.Premiums for gold coins are at 5%-10% over...
(Bloomberg) -- Watching cricket and playing rummy are online passions for hundreds of millions of Indians, fueling a nascent gaming industry on the verge of quadrupling its revenue. That’s attracting attention from some of Asia’s biggest internet companies.Tencent Holdings Ltd., Alibaba Group Holding Ltd. and SoftBank Group Corp. are investing hundreds of millions of dollars in Indian apps that use loopholes in anti-gambling laws -- some dating to India’s colonial era -- to offer bettors cash prizes, vacations to Macau and new iPhones.About 300 million players use apps such as Dream11, Play Games24x7, Paytm First Games and FanFight to gamble on “fantasy cricket” and rummy card games -- a player base expected to at least double by year’s end. Industry sales are forecast to reach about $3.3 billion by 2024, prompting India’s richest man, Mukesh Ambani, to say the business eventually will surpass that of music, movies and TV shows combined...
