Ferrari tempers 2020 expectations with cautious upgrade
Demand for Ferrari's Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020.
Demand for Ferrari's Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020.
World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves and both Europe and metals scoring their best day of the year so far.
Billionaire investor Ron Baron told CNBC's "Squawk Box" why he thinks Penn National's investment in Barstool will be a success.
Skoda is hoping government moves to drag regulations for cars sold in India up to developed market standards will help turn around its fortunes in a market where it has stalled.
New orders for U.S.-made goods increased by the most in nearly 1-1/2 years in December amid strong demand for defense aircraft, but weak business spending on equipment pointed to limited scope for a sharp rebound in manufacturing even as business confidence is improving.
Shortly after the open, Tesla almost got there, hitting an all-time intraday high of $940 per share for a market cap of about $165 billion.
Gains in technology heavyweights helped Wall Street's main indexes climb for the second day on Tuesday, with fresh intervention by China's central bank calming investor nerves.
Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.
Ralph Lauren Corp said on Tuesday it has shut about half of its 110 stores in China due to the coronavirus outbreak, which has so far killed over 420 people.
Crude oil prices rebounded and global equity markets surged on Tuesday as China's efforts to minimize the economic impact from the coronavirus epidemic spurred investors' risk appetite.
The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal.
Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years.
The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.
If you've been a diligent saver, you've been stashing money into your health savings account to help cover those medical costs in retirement. Here are three things you should know if you're approaching your 60s and have an HSA.