Wall Street praises Ford’s EV plans but questions its sales and profit margin targets
Morgan Stanley's Adam Jonas called the EV target "an aspirational/stretch goal," while Deutsche Bank's Emmanuel Rosner called a 10% margin by 2026 "ambitious."
New IRS rule offers higher penalty-free withdrawals for early retirees
If you're retiring early, you may now access larger penalty-free withdrawals with substantially equal periodic payments. Here's what to know.
5 things to know before the stock market opens Thursday
U.S. stock futures were basically flat Thursday, with a second round of cease-fire talks between Russia and Ukraine set in neighboring Belarus.
UAE reinstates visa-free entry for Ukrainians in quick reversal, offers year-long stay for arrivals prior to March 3
The news comes as Russian bombings all over Ukraine intensify, and the number refugees who have left Ukraine surpasses 1 million, according to the U.N.
Airline software giant ends distribution service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Texas-based Sabre said it ended its distribution agreement with Aeroflot.
Oil rises to the highest since 2008, before paring gains
Prices on U.S. oil leapt to levels not seen in nearly 14 years before dipping back down.
IEA pushes Europe to wean itself off Russian gas after Ukraine invasion
"Nobody is under any illusions anymore," Fatih Birol, the IEA's executive director, said in a statement Thursday.
Facebook says 2021 ‘polar vortex’ sapped 1% off net income thanks to higher energy costs
A bout of extreme cold last winter saddled Meta Platforms with additional energy costs, the company told federal regulators in a filing made public last...
BTC/RUB volume hits a 9 month high as Russians look for Ruble alternatives
Ruble-denominated Bitcoin volumes reached a 9-month high as investors fled to safe-haven assets. Most of the trading is on cryptocurrency exchange Binance, according to details...