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U.S. President Donald Trump decided to withdraw thousands of troops from Germany. Meanwhile, European markets opened lower on Monday, as new data showed German factories suffered their steepest decline in production on record in April. Yahoo Finance’s Tom Belger weighs in....
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]...
Casino stocks skyrocket upon Las Vegas reopening and airlines add flights as demand increases. Yahoo Finance’s On The Move panel shares the details....
(Bloomberg) -- Saudi Arabia’s extra voluntary oil-production cut, which came on top of the OPEC+ supply curbs, will cease at the end of this month as demand recovers.Crude prices erased gains as Energy Minister Prince Abdulaziz bin Salman said the kingdom’s additional reductions, which amounted to about 1.2 million barrels a day including contributions from its closest allies in the Persian Gulf, will only take effect in June as planned.That means the cartel’s total supply reduction this month of almost 11 million barrels a day will taper gradually in the coming months.“The voluntary cuts served their purpose and we are moving on,” Prince Abdulaziz said in a press briefing on Monday.Brent crude, the international benchmark, fell 2.5% to $41.23 a barrel at 4:29 p.m. in London, erasing earlier gains. Prices were also pushed lower by the restart of a second oil field in Libya, which is an OPEC member but exempt...
The PPFA extended the timeline for businesses to spend the money from two months to 24 weeks....
As Americans hunkered down for COVID-19, they went big for the essentials. That included lots of cheese, among other foodstuffs. FreightWaves Shipper of Choice winners Agri-Mark and Kraft Heinz, and their partner carriers, answered the call.During a time that tested the limits of the supply chain, Agri-Mark and Kraft Heinz stayed true to their strong, collaborative relationships with carriers."It's just the right thing to do regardless of market conditions," said Kevin Wille, head of U.S. Transportation for Kraft Heinz. "We're lucky that we're shipping a lot of freight." Or as Katie Dattilio, transportation logistics supervisor at Agri-Mark's Cabot Creamery in Vermont said, "At the end of the day, you treat people how you want to be treated." Agri-Mark and Kraft Heinz emerged among the best of the best in FreightWaves' Shipper of Choice Awards. Sponsored by Transflo, the awards recognize the top shippers out of 400 firms nominated by FreightWaves readers on social...
