Business

Trump Criticizes Postal Service for Charging Amazon 'So Little'

Trump Criticizes Postal Service for Charging Amazon 'So Little'

In a tweet Friday morning, he said the Postal Service is losing billions of dollars each year, and asked why its charging Amazon so little to deliver packages. The Postal Service has been operating in the red for more than a decade. That amounts to almost 11 percent of the $43.7 billion in total revenue it reported in that same period.


Oil prices rise on falling inventories

Oil prices rise on falling inventories

US crude oil production was estimated to average 9.7 million barrels per day in November, up 360,000 barrels a day from the October level. US production is fast approaching the all-time record of 10.04 million barrels a day, set in late 1970, according to EIA figures.


Chinese leasing firm orders 50 Airbus jets in $5.42 bn deal

Chinese leasing firm orders 50 Airbus jets in $5.42 bn deal

China Aircraft Leasing Group has signed a firm order for 50 A320neo family aircraft. The 72 A320neos and 74 A321neos have been purchased at a "significant discount" from the list price and Wizz Air will "retain flexibility in determining the most favourable method of financing" the fleet.



The Coca-Cola (KO) Given Daily Coverage Optimism Score of 0.24

The stock decreased 0.19% or $0.1 during the last trading session, reaching $53.07. About 2.60 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since December 28, 2016 and is uptrending. (NYSE:CTL) to report earnings on February, 14. They expect $0.38 EPS, up 2.70% or $0.01 from last year's $0.37 per share. OKE's profit will be $199.39M for 25.51 P/E if the $0.52 EPS becomes a reality.


Tesla to make pickup truck after Model Y crossover

Tesla to make pickup truck after Model Y crossover

The 46-year-old tweeted to his followers asking for advice on how the electric car-makers can improve. A pickup was briefly mentioned by Tesla at around the same time as the Roadster and semi truck were launched to the press, but in typical Musk mercurial style, plans have already changed.


Short Term Outlook For Energy Transfer Partners, LP (NYSE:ETP)

Short Term Outlook For Energy Transfer Partners, LP (NYSE:ETP)

Jennison Associates LLC grew its position in shares of Energy Transfer Equity by 18.3% in the second quarter. (WTR)'s stock rose 4.80%. The insider, WARREN KELCY L, now holds 2.03 million shares of ETP. (NYSE:WTR) for 1,500 shares. The New York-based Morgan Stanley has invested 0% in Cutera, Inc. 61,124 are owned by Chevy Chase Tru Holdings. Robeco Institutional Asset Mgmt Bv stated it has 121,098 shares or 0.02% of all its holdings.